Zequanox Achieves 100% Mortality For Invasive Mussels In Minnesota Lake

[Slade House]

I don't know if you're going to have to worry about this stuff or it's effects.  It seems the company has enough troubles on dry land.

 

http://www.marketwatch.com/story/hagens-berman-reminds-investors-in-marrone-bio-innovations-inc-of-november-4-2014-lead-plaintiff-deadline-and-expanded-class-period-2014-10-06

I have my masters degree in accounting.   they were accused of not having enough internal controls and improperly recognizing revenue.  Not a huge deal and it happens.  Revenue recongition is tricky , especially for a chemical company. 

[Slade House]

Just keep in mind that Zequanox is not a chemical.  It's a bunch of dead bacteria that, once consumed by the zebra mussel, affects the digestive gland causing its death.

 

http://cida.usgs.gov/glri/projects/invasive_species/zm_control.html

 

While they can't treat the whole Great Lakes, they can treat native shell beds, water intakes, marinas, and other sensitive areas selectively to try to mitigate some of the damage.  Will be interesting to see what happens when some of these smaller lakes are treated completely.

That's the most important fact, that this isn't a chemical.  iTs a naturally occuring bacteria they have reproduced.  

[ww2farmer]

  I'm not even sure they are a "bad" thing.  No one complains about EU milfoil or alewife anymore.  They've only made the fishing better.

I'm with you. In fact almost every invasive around here has done exactly the opposite of what the "experts" claim. Milfoil, alewives, gobys, zebes, have all helped.

[deaknh03]

http://m.startribune.com/opinion/commentaries/249354851.html

good deal

[Lund Explorer]

No , i could care less about their stock, I'm just really good at using google.   See at my lake there is a 35 day quarantine because of quagga mussles.  Once your boat passes a rigourous inspection , they put a tamper proof tag on it, and then you wait 35 days. after 35 days you can launch your boat. So if I want to take my boat to any other lake, ill have to wait 35 days to launch my boat back at my lake.  

 

Sorry if it sounded like I was accusing you of being their company's CEO, but all of your postings looked like they came right from their marketing dept.  I personally like to get an independent view of most matters.

 

I'm also sorry that your favorite lake is so restricted.  I don't think I would have the patience to waste over an entire month just to fish any one lake.

 

I have my masters degree in accounting.   they were accused of not having enough internal controls and improperly recognizing revenue.  Not a huge deal and it happens.  Revenue recongition is tricky , especially for a chemical company. 

 

As a retired accountant with over 30 years of practice serving the retail community, I'm somewhat aware of the requirements of both the manufacturing sector and publically traded companies.  When I first pulled up the company in my own Google search, I noticed that the stock's value was on a steady downward trend since the spring.  With an IPO price of $12 in August of last year, a high water mark in the high teens has been followed by drop down to just over $3 per/share, before the announcement that an internal audit raised questions about what income was being reported.   A 3/4 drop in value before any such public airing of its accounting problems leads me to believe that the investors were having second thoughts about the company. 

[slonezp]

I understand the nuisance mussels are. But arent they the #1 reason Erie is a excellent fishery now, instead of the toilet it once was?

I agree they have cleaned up our Great Lakes. The issue, at least here in Chicago is the money it costs to keep the water intakes free of the zebra mussels.

 

The fish have adapted. The mussels filter the water, the goby's diet consist mainly of the mussel(except during the spawn when they prefer fish eggs), and the bass, perch, and brown trout have grown to record sizes as the result of goby consumption. 

[J Francho]

Sorry if it sounded like I was accusing you of being their company's CEO, but all of your postings looked like they came right from their marketing dept.  I personally like to get an independent view of most matters.

 

I'm also sorry that your favorite lake is so restricted.  I don't think I would have the patience to waste over an entire month just to fish any one lake.

 

 

As a retired accountant with over 30 years of practice serving the retail community, I'm somewhat aware of the requirements of both the manufacturing sector and publically traded companies.  When I first pulled up the company in my own Google search, I noticed that the stock's value was on a steady downward trend since the spring.  With an IPO price of $12 in August of last year, a high water mark in the high teens has been followed by drop down to just over $3 per/share, before the announcement that an internal audit raised questions about what income was being reported.   A 3/4 drop in value before any such public airing of its accounting problems leads me to believe that the investors were having second thoughts about the company. 

 

I don't think he's in any way connected with the company, though I cannot locate any certifications or bona fides that support the accounting degree.  If you like dnb music, do a search -some cool stuff, Slade. 

 

That doesn't really mean anything other than I see no reason to doubt his own personal stake in a product that will help his specific situation.  I'd say lobbying local lawmakers with FACTS about revenue from fishing, studies showing positive benefits to fisheries that are dealing with zebes and quagga, etc., to change the current policy is a better plan than an experimental poison from a company with it's business under the SEC's scrutiny.

 

Anyway, due diligence has been done, and as usual, just another fisherman like you and me.