Stevia Corp (STEV) Provides Profit Guidance
Stevia Corp (STEV) Provides Profit Guidance
Company Expects to Generate First Quarterly Profit in 2013
INDIANAPOLIS, IN--(Marketwire - Dec 13, 2012) - Stevia Corp. ( OTCQB : STEV ) ("Stevia Corp" or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce the expansion of its commercialization phase and first major crop harvest expected in Vietnam during first quarter of 2013.
Stevia Corp expects crop harvests in Vietnam to top 1,000 tons by March of 2013. Based on its forecasted sales price and costs, the Company believes this will produce more than $2 million of revenue and its first quarterly profit. This follows the first revenue reported by the Company this year of $112,517 for the quarter ended September 30, 2012.
George Blankenbaker, Stevia Corp President, comments, "This will again signify another major milestone achieved well ahead of schedule. This, together with our joint venture operations in China launched last quarter, will begin a solid foundation for the company to continue scaling its business model and target significant revenue and profit growth during calendar year 2013 provided we also achieve certain capital requirements."
Mr. Blankenbaker also added, "Now that we are well into our commercialization phase, we also have plans to update our website and provide a picture gallery and possibly a blog so that the public can more easily track our developments and experience our growth with us. We are excited about the rapid pace of developments and believe it is important to involve our shareholders. We expect to complete the first phase in January, so this is something that our investors can also be looking forward to for the New Year."
Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.
About Stevia Corp. ( OTCQB : STEV )
Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high-value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. To date, the Company has acquired two grower supply contracts and three nursery fields in Vietnam. For more information visit: www.steviacorp.us.
About the Stevia Industry Sector
Within two years of the USA market opening, Nielsen-based retail consumption data indicated almost $1 billion of retail sales for the sector. In 2010, stevia products were launched across thirty-five countries and in 38 categories. Zenith International estimates worldwide sales of stevia extract reached 3,500 tons in 2010 with an overall market value of $285 million and forecasts the global market for stevia will reach 11,000 tons by 2014 requiring the tripling of stevia leaf production at the farm level to keep pace with consumer demand. For more information visit: www.steviacorp.us.
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U.S. Geothermal Energy, HTM
U. S. Geothermal|HTM|Profile|Summary
Geothermal energy is classified as a renewable source of electricity. It is considered to be a clean, environmentally friendly, sustainable method of electrical power generation. The use of geothermal energy is an established method of electrical power generation with 2,000 megawatts (MW) of installed capacity in the Western United States.
The benefits of geothermal energy are far reaching. A geothermal power plant does not burn fuel; energy production is clean, and renewable. It is a base load source; therefore, geothermal plants are designed to run 24 hours a day, every day with no emissions.
The US market demand for electricity is rising, creating a growing dependency on non-renewable non-sustainable resources. Consumption of fossil fuels has produced significant environmental problems including air pollution, smog and global warming. As a result of the environmental impact, rises in the world oil price and thinning reserves the world has looked to other sources of energy that will help alleviate these issues. Geothermal energy is rapidly growing into a $1.5 billion per year industry. There are approximately 12,000 MW of direct use and over 10,715 MW of generating capacity globally.
There are two main systems currently utilized for electric power generation. The first, and rarest, are vapor-dominated systems that yield nearly pure high-temperature steam (>235°C or 455°F). The Geysers in California is an example of this type system where steam is typically found at depths of 3,250 to 13,000 feet. The second type system is dominated by hot water and operates in the temperature range from 100°C to 300°C (212°F-700°F).
Using modern scientific and engineering techniques, geothermal systems may be sustained commercially for decades. The Geysers (California) and Wairakei (New Zealand) have produced electric power continuously for 40 years. The pioneering Larderello field in Italy has been productive since 1904. In fact, not a single geothermal field has been exhausted to date, although reservoir pressures and temperatures have declined slowly in response to production.
The heat source for geothermal energy comes primarily from large, magmatic systems deep in the earths crust. These are still partially molten or crystallized, but are hot igneous intrusions that yield their heat gradually over hundreds of thousands of years. As the earth cools over time, there is a constant movement of thermal energy that travels outward through highly permeable fracture zones to the surface.
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Stevia Corp, STEV, Profile , Summary
Stevia Corp. | STEV | Profile | Summary
Stevia Corp. (STEV) is a farm management company focused on Stevia agronomics from plant breeding to good agricultural practices to development of stevia derived products.
Stevia Corp. invests heavily in R&D and IP acquisition and manages its own propagation, nursery, and plantations as well as provides services to contract growers and other industry growers.
The Company was founded to deliver top quality agribusiness solutions in order to maximize the efficient mass production of stevia leaf and stevia derived products. The Company is headquartered in the US with farm operations/R&D in Vietnam, China, and Indonesia and planned operations in the US.
Read the comprehensive analysis: find out the 'Target Price', market dynamics, the opportunity and meet the excellent management team click here , download the full report!
INVESTMENT HIGHLIGHTS
> Opportunity to invest in an early development stage, vertically-integrated stevia farm management company in an emerging, high growth market
> The Company plans to be a “one stop shop” agribusiness solutions provider offering the full spectrum of farm management services
o Operate its own plantations, manage contract farms, and service industry growers (read Executive Summary)
o Expects to achieve positive EBITDA by the second quarter of 2013, growing to $3mm in annualized EBITDA by the end of 2013
(read full Investment Highlights)
o Positioned to become a global leader in the stevia industry that maximizes the efficient mass production of stevia leaf and stevia derived products
o Fastest growing product in the alternative sweetener market with 6,000 products across 35 countries
o Expected to eventually replace 20% of the sugar segment of global sweeteners or a $10 billion market opportunity
> Our valuation analysis results in a target price of $1.20 per share which represents significant upside of over 4 times the current stock price (see Valuation)
> The Company recently secured $500,000 in an equity private placement
and has access to $20 million from Southridge Partners.
> Global sweetener market is a $60 billion dollar industry! See the company's growth plans, the advantages of Vertically Integrated Supply Chain and much more...full free report
MANAGEMENT TEAM
Strong Global Executive Team with highly recognized leadership skills, expertise and decades of experience in Three Continents, Four vibrant economic regions of the world (The United States, Europe, Latin America and Asia-Pacific).
George S. Blankenbaker (President)
Mr. Blankenbaker has been leading the development of high Reb-A Stevia farming in Vietnam, where he imported the Morita variety to trial in 2008 and in 2009 signed a contract to supply stevia leaf to PureCircle, the industry's leading refiner. Mr. Blankenbaker first became involved in commercial agriculture in 2002 when he began working with the Agri-Food Veterinary Authority of Singapore (AVA) to provide strategically important food supplies to Singapore. Prior to that Mr. Blankenbaker co-wrote and co-presented a bid for the U.S. Navy Subsistence Prime Vendor (SPV) Contract valued at USD $197 million covering three zones of Japan, Singapore, and Diego Garcia. The contract was awarded in 2002 and the Singapore and Diego Garcia portion is currently supported by the Rong-Yao group, a partner company based in Singapore.
During the 1990s Mr. Blankenbaker was the Managing Director of a foodservice equipment company servicing South East Asia and was a partner of a holding company that established the first broadline foodservice distribution facility in Singapore which was also the first food distribution facility in Singapore to achieve both ISO 9000 and HACCP certification. Mr. Blankenbaker also traded commodities and was an independent consultant and analyst for Standard Chartered Bank and Reuters and was on the implementation team that established Globex in Singapore linking the Singapore International Monetary Exchange with the Chicago Board of Trade. Read more...
Rodney L. Cook (Director)
Dr. Pablo Erat (Director)
Thomas Ong (Director of Operations, Asia)
Dr. Zhang Ji (Chief Technical Advisor)
Dr. Nguyen Van Dan
(Technical Advisor – Vietnam R&D and Propagation Center)
Vincent Tan Meng Sheong (Director of Operations, China)
click here for Management Bios
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Geokinetics, GOK, Profile, Summary
Geokinetics | GEOK | Profile | Summary
Geokinetics, (GEOK) is one of the largest independent, international land and shallow water geophysical service companies offering a broad range of specialized geophysical solutions to the petroleum and mining industries, worldwide.
Services include, land, shallow water OBC (ocean bottom cable) and transition zone seismic data acquisition, advanced processing and interpretation services and an extensive multi-client data library.
Global Presence
Geokinetics’ presence spans the globe with offices in 29 major countries, and employing over 60 nationalities. Our geographic reach encompasses a wide variety of challenging environments. From the arid deserts of the Middle East, and the jungles of South America, to the environmentally sensitive Alaskan Foothills, and the heli-portable mountain front of the Andes, Geokinetics has proven experience in all terrain.
Seismic data for Oil & Gas Industry
Geokinetics Inc. is a leading provider of seismic data acquisition, seismic data processing services and multi-client seismic data to the oil and gas industry worldwide. Headquartered in Houston, Texas, Geokinetics is the largest Western contractor acquiring seismic data onshore and in transition zones in oil and gas basins around the world. Geokinetics has the crews, experience and capacity to provide cost-effective world class data to its international and North American clients.
Geokinetics is an industry leader with a capacity of over 30 acquisition crews, 200,000 channels, 5 data processing centers around the world. Geokinetics clients include independent, international, and national oil companies.
Deep Water Drilling
Seismic Signature Book™ Library
Geokinetics offers AVO synthetics and petrophysical displays for offshore Gulf of Mexico wells. Each Seismic Signature Book™ in the library is a full work-up of a specific well, and provides the interpreter with in-situ and fluid substitution case log suites, 1D and full-offset AVO synthetics, attribute responses, trend curves and crossplots.
Deep Water Gulf of Mexico Well Log Studies
The Deep Water Studies describe 250 wells in five sets of detailed, carefully edited logs covering the Gulf’s deep-water activity. Each of the five studies contains Seismic Signature Books™ for fifty (50) wells along with the respective digital well log curves and a report that outlines additional technologies to assist in deep-water exploration.
Deep Water Gulf of Mexico Field Studies
A well and seismic based AVO study of 50 deep water fields from the Gulf of Mexico. Each field's producing zones are analyzed using fluid substitution and AVO modeling. The resulting AVO analysis is then tied into a regional grid of seismic lines.
Miocene Shelf Seismic Study, Offshore Louisianna.
A powerful exploration tool developed by Geokinetics’ premier team of geophysicists and geologists, the Gulf of Mexico Miocene Shelf Seismic Study lets you focus on interpretation and avoid the headaches.
The Opportunity
The company has a great technology serving rapidly growing Oil & GAS, and Mining Industry worldwide and, has an Excellent management team, Keep an eye!
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