Business
Pond Technologies Holdings Inc. Announces Filing of 2022 First Quarter Unaudited Interim Condensed Financial Statements, MD&A and Provides Business Update
Pond Technologies Holdings Inc. Announces Filing of 2022 First Quarter Unaudited Interim ...

About this update from Pond Technologies Holdings Inc.
[{"type":"text","content":"\n \n \n \n Pond Technologies Holdings Inc. Announces Filing of 2022 First Quarter Unaudited Interim Condensed Financial Statements, MD&A and Provides Business Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Pond Technologies Holdings Inc. Announces Filing of 2022 First Quarter Unaudited Interim Condensed Financial Statements, MD&A and Provides Business Update\n \n \n Canada NewsWire\n \n \n \n \n \n \n MARKHAM, ON\n \n \n ,\n \n \n May 26, 2022\n \n \n /CNW/ - Pond Technologies Holdings Inc. (the \"\n \n Company\n \n \" or \"\n \n Pond\n \n \") (TSXV: POND) (OTCQB: PNDHF) (FSE: 400) an ESG company addressing global sustainability challenges of protein shortages and climate change, announces that the unaudited interim condensed consolidated financial statements of the Company for the three months ended March 31, 2022 and the related management's discussion and analysis have been filed and are available for review on the SEDAR website at\n \n www.sedar.com\n \n or on the Company's website at\n \n www.pondtech.com\n \n . Q1 2022 Highlights and a brief business update follow below:\n \n \n \n \n Description of Business and Divisions\n \n \n \n \n The Company is commercializing its patent protected algae growing platform, which converts carbon dioxide (CO\n \n 2\n \n ) into algal-based commercial products. Its algae growth platform converts the CO\n \n 2\n \n found in the untreated stack gas of industrial emitters into animal and human feeds, nutraceuticals, and natural fertilizers. The key to the model is the vertical integration from the initial capturing of the carbon to the growing of algae, to the end sustainable product. In over ten years of R&D, Pond has developed a robust disruptive technology platform based on artificial intelligence, proprietary LED-lights, and patented CO\n \n 2-\n \n Management. Pond has begun to license its technology to third parties for ongoing license fees and royalties.\n \n \n Pond's algae growth platform, is based upon enclosed, controlled, and monitored photobioreactors, and may provide a signifi...