The October edition of The Financial Passage Maker featured a brief overview of Clean Seed and the author’s perspective of the company as an investment. Below is the overview in its entirety.
My investment in this company has quadrupled since my initial purchase. CSX has made steady progress and, unlike many nascent enterprises, its burn rate is sustainable. Financing has not been an issue even in today’s climate of caution on the part of lenders. In fact, the agricultural community has invested heavily, a vote of confidence by people in the market for this equipment. Readers may be interested in the following report. In my opinion, some of the conclusions are not unreasonable even if the piece is a bit boosterish.