Re: RJ Kirk acquired another 4 million shares today bringing his total now to 18 million shares. AQB has the Holy Grail of sustainable fish. EOM
RJ is the 2nd billionaire to fund out this multi-decade swimming upstream project. AQB is going to need several hundred million to scale up. My assumption is they either partner with a governmental entity overseas and/or create a limited partnership model to finance a U.S.-based mega facility.
Indiana facility is at best a demonstration plant. The real economics work at sizes 7-10x in size.
Bottom line: As RJ tightens his grip, I don't expect endless public stock offerings. He will get creative re: financial engineering.