b9molecule
4年前
Matt Damon: 'Heavy hitters' should invest in water
Max Zahn with Andy Serwer
Mon, March 22, 2021, 8:18 AM
United Nations General Assembly President Volkan Bozkir said last week that the lack of safe drinking water for 2.2 billion people worldwide is a "moral failure," in a stark warning days before World Water Day on Monday.
In a new interview, Oscar-winning actor and water equity philanthropist Matt Damon said the solution requires a wave of private sector investment to scale up the model of micro-finance, which has already delivered both water access for tens of millions and reliable returns for investors.
He called on major investors to help put an end to the water crisis before climate change makes the task even more difficult.
"All we're trying to do is get the attention of the heavy hitters to come into this space," says Damon, who co-founded the nonprofit organization Water.org in 2009. "There is so much low-hanging fruit here — and this model really, really works."
Water.org has disbursed 7.2 million loans totaling $2.6 billion, which have improved water access for 33 million people, according to its website.
'The problem contains its own solution'
Since 2002, worldwide micro-finance has grown dramatically. That year, 68 million borrowers benefitted from such loans; in 2013 that figure had risen to 211 million, according to a report released in 2015 by the Microcredit Summit Campaign.
Gary White, the CEO and co-founder of Water.org, pointed to the example of a Kenyan farmer named Alice who was paying $60 per month to a water vendor in order to nourish her crops. Instead, she took out a $20 per month loan from a Water.org partner, which will allow her to build a water tank in a well.
"Now she can pocket $40 a month and if you look at that multiplied by millions, this actually becomes an investment opportunity," says White, who noted that the rate of repayment on such loans is 99%. "If we can connect the capital markets to people like Alice, they still get immense value."
"In many ways, this problem contains its own solution if we can draw in the finance," he adds
https://finance.yahoo.com/news/matt-damon-heavy-hitters-should-invest-in-water-151805319.html
greasemonkeyshoes
5年前
best for the last.....
10k:
"As of February 29, 2020 and February 28, 2019, we had a backlog of approximately $775,000 and $240,000, respectively, in unshipped orders."
or
we have a high probability topline of $1.0 million next q,taking out the $25K accounting expense,eps should be about 1/2c+ or pe=4-.Cost of sale of 55%(gross margin of 45%,2019 historic average) is used for this calculation.
wild card:
"Cost of sales and gross profit percentage. As a percentage of sales, the gross profit margin during the fiscal year ended February 29, 2020 decreased to 45% from 48% due to product mix and timing of significant sales. The Company believes that the average gross margin percentages overall can decrease to a range around approximately 40% in the foreseeable future."
greasemonkeyshoes
5年前
I also saw it in the 10K.....
"Audit fees. The audit fees in fiscal 2020 and 2019 $75,000 and $69,900, respectively, related to the audit of our consolidated financial statements, and quarterly reviews."
or
between audit fee and accounting fee,it is most likely be above $100k+,almost 1/2c eps per year.
MrT11
5年前
Seychelle Reports Operations Summary for the Fiscal Quarter and Nine Months Ended November 30, 2019
Press Release | 01/14/2020
Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (Seychelle, we, us, our or the Company) (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles, made several announcements today.
For the Fiscal Quarter ended November 30, 2019, Revenue was $816,001, compared to $609,444 in the prior year’s fiscal quarter. Seychelle had net profit of $10,418 for the fiscal quarter ended November 30, 2019, or ($.00) per share, compared to prior year's fiscal quarter Net loss of $128,256, or $.00 per share.
For the Nine Months ended November 30, 2019, Revenue was $2,287,343 compared to $2,479,023 in the prior year’s nine month period. Seychelle had Net loss of $67,434 for the nine month ended November 30, 2019, or ($.00) per share, compared to prior year's six months’ Net loss of $163,087, or ($.01) per share.
Seychelle is planning an aggressive product marketing program to explain the problems, needs, solutions and benefits of our filtration technology as used with our entire line of products. These products all have the ability to remove contaminants at point-of-use.
A significant part of our marketing program going forward will be to educate the public regarding a prominent contaminant called PFAS. This is a toxic Teflon chemical found in non-stick pans, cleaning products, paints, firefighting foam and many other products. Using 2016 data collected by federal scientists, the Environmental Working Group (EWG), an advocacy group based in Washington DC, estimates that up to 110 million people are served by water supplies contaminated with PFAS.
Seychelle has a completed line of products tested proven to remove this contaminant. Our mission will be to alert the public to the significant contamination and the direct effect on human health of PFAS.
"Dedicated to improving the quality of life through the quality of our drinking water”.
Note to Investors
This press release may contain certain forward-looking information about the Seychelle's business prospects/projections. These are based upon good-faith current expectations of Seychelle's management. Seychelle makes no representation or warranty as to the attainability of such assumptions/projections. Investors are expected to conduct their own investigation with regard to Seychelle. Seychelle assumes no obligation to update the information in this press release. For more information, please visit www.seychelle.com or call (949) 234-1999.
Golden Cross
5年前
SYEV News - Seychelle Reports Operations Summary for the Fiscal Quarter and Six Months ended August 31, 2019
Press Release | 10/11/2019
Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (Seychelle, we, us, our or the Company) (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles made several announcements today.
For the Fiscal Quarter ended August 31, 2019, Revenue was $790,198, compared to $735,677 in the prior year’s fiscal quarter. Seychelle had Net loss of $125,642 for the fiscal quarter ended August 31, 2019, or ($.00) per share, compared to prior year's fiscal quarter Net loss of $129,623, or $.00 per share.
For the Six Months ended August 31, 2019, Revenue was $1,471,020, compared to $1,869,578 in the prior year’s six month period. Seychelle had Net loss of $77,851 for the six months ended August 31, 2019, or ($.00) per share, compared to prior year's six months’ Net loss of $36,831, or ($.00) per share.
The Company continues to develop products and improve technology. The Company plans to release a variety of new products in the upcoming months that include Thermal Bottles, new ergonomic loop cap, universal design style replacement filter, combination straw and bottle product that removes up to 500 gallons of pathogen. We believe these new products could increase our earnings and help future sales.
"Dedicated to improving the quality of life through the quality of our drinking water.”
Note to Investors
This press release may contain certain forward-looking information about the Seychelle's business prospects/projections. These are based upon good-faith current expectations of Seychelle's management. Seychelle makes no representation or warranty as to the attainability of such assumptions/projections. Investors are expected to conduct their own investigation with regard to Seychelle. Seychelle assumes no obligation to update the information in this press release. For more information, please visit www.seychelle.com or call (949) 234-1999.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191011005518/en/