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Ang Nguyen

 
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  • What Do Stevia First And Arena Pharmaceuticals Have In Common? [View article]
    I believe it untruthful that you say they haven't planted a seed or harvested a leaf...

    As a supporter of STVF I will also use a previous response. I believe a previous author responded in comments best about the land lease that has been clearly disclosed in SEC filings.

    "(A similar issue that others have asked about, is that after the SeekingAlpha article the company entered into a related-party lease and paid $250,000 to a company owned by the company's chairman and his wife. The lease was for two years for ~1,000 acres, so that's $125 an acre per year, again a pretty cheap rate, especially when you consider that the site is already zoned correctly for both growing stevia and for building a stevia refinery. Also, the company is only obligated to be there for two years, so the chairman and his wife are actually the ones taking most of the financial risk (i.e. seems very reasonable that the price was a lot more than $250,000 for that kind of property)"
    Feb 12, 2013. 04:20 PM | Likes Like |Link to Comment
  • What Do Stevia First And Arena Pharmaceuticals Have In Common? [View article]
    Very interesting comparison with choosing those two companies.
    Feb 12, 2013. 04:15 PM | Likes Like |Link to Comment
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