Pond Technologies Holdings Inc. (TSXV:POND)(OTCQB:PNDHF)(FSE:400) - RICH TV LIVE

Pond Technologies Holdings Inc. (TSXV:POND)(OTCQB:PNDHF)(FSE:400) - RICH TV LIVE - April 28, 2022 - #pondtechnologies #pond #richtvlive #trading #stocks #money #green #business #news #finance #education #entertainment #stockmarket #investing #richtvShow more

Pond Technologies Holdings Inc. ("Pond") (TSXV:POND)(OTCQB:PNDHF)(FSE:4O0), an ESG company addressing global sustainability challenges of wellness and climate change, has entered into a research agreement with BioCarbN Inc. and its development partner Cross River Infrastructure Partners LLC, along with Livalta/AB Agri, a subsidiary of Associated British Foods (LSE:ABF), and a second major agri-business, to identify strains of algae that could prove beneficial in reducing enteric methane emissions from cattle when included into animal feed.

Enteric methane emissions are the single largest source of direct greenhouse gas emissions (GHG) in beef and dairy value chains and a substantial contributor to anthropogenic methane emissions globally. Methane emissions from cattle represent approximately 2 billion metric tonnes of CO2 equivalent emissions annually, or approximately the same emissions as the entire nation of India1. Further, the energy used by cattle in producing methane uses approximately 10% of the energy in their feed. Identifying algae that reduce enteric emissions could also lead to an increase in feed efficiency and cost savings for farmers2.

Upon successful completion of the research, all parties aim to progress a commercial product intended to utilize Pond's carbon abating, algae-growth platform that can mass produce a cost-effective microalgae-based feed ingredient.

Grant Smith, President & CEO at Pond said: "We are extremely excited to sign this research agreement with BioCarbN, in collaboration with AB Agri and another forward-thinking major agriculture company. We believe this is just the start in capturing a significant opportunity to help in reducing emissions from cattle globally. The global cattle feed market is over $75 billion USD annually and this represents another step towards commercializing our algae growth platform into globally important markets, across numerous applications3."

About Pond Technologies Holdings Inc.:

The Company is commercializing its patent protected algae growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae growing platform converts the CO2 found in the untreated stack gas of industrial emitters into animal, human feeds, nutraceuticals, and natural fertilizers. The key is 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 CO2-Management. Pond has begun to license its technology to third parties for ongoing license fees and royalties. Pond recently added Pond Carbon to focus on absorbing greenhouse gas emissions, transforming these into food, feed, and nutraceutical ingredients. Furthermore, Pond added a Biotech division focused on the growth of unique strains of micro-algae to be used as a reproductive medium for the expression of human anti-bodies and proteins.

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