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Stevia (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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Yukon-Nevada Gold,YNG,YNGFF, Profile, Summary
Yukon-Nevada Gold| YNG |YNGFF | Profile | Summary
Yukon-Nevada Gold Corp is listed on the Toronto Stock Exchange (YNG.TO)
and trades on the OTC/Pinksheets under the symbol YNGFF.
Jerritt Canyon, the Company's flagship project, is located in northern Nevada. The Company is currently focused on modernizing the milling facility and emission control systems. The Company is striving to reach a point of renewed profitability accompanied by a significantly reduced environmental impact. Ongoing permitting at Starvation Canyon, Nevada will allow the Company, in the future, to realize an increase in the production of gold ounces at Jerritt Canyon.
The Company is focused on bringing its wholly owned Ketza River property back into production from the Manto Gold Zones and permitting is underway. The Ketza River Property includes the Ketza River mine, which, from 1987 to 1990, produced 98,000 oz of gold and by-product silver from 340,000 tons of ore.
1. Jerritt Canyon - historical production of approximately 8 million oz gold since 1981
+ 100% owned.
+ Permitted and Producing.
+ Current Reserve & Resource includes: 374,800 oz Proven, 686,000 oz Probable, 1.03M oz Measured & 1.29M oz Indicated.
+ Mill engineered capacity of 6,000 tpd of which 5,280 tpd is currently permitted.
2. Ketza River - historical production of 98,000 oz of gold and by-product silver between 1988 - 1990
+ 100% owned.
+ Current Resource includes: 29,000 oz Measured and 388,700 oz Indicated.
+ Site infrastructure well developed.
+ Permitting in progress for mine/mill re-start.
Deutsche Bank invested $40M in equity and $140M gold forward sale.
Planned mine includes 9 open pits and
2 underground declines
+ 83% of the oz to be mined will come from the open pits.
+ Estimated mining rate of 50,000 tpd for the first 2 years and 20,000 tpd in the 3rd year from the open pits.
+ An additional 500 tpd will come from underground mining.
A total of 41% of the measured and indicated recoverable resource ounces are hosted in oxide ores which have a gold recovery of 90%; whereas the other 59% of the measured and indicated recoverable, resource ounces are hosted in sulfide or mixed sulfide+oxide ores that generally have Au recoveries of 70%.
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