Topic: How To Invest

Do you know anything about a company called Dyadic on the AMEX? They are supposed to have a patent on an enzyme that aids in making ethanol from switch grass as well as many other applications. I understand that they will benefit from Obama’s green policies & government stimulus spending. Is this worth tracking/buying?

Article Excerpt

Dyadic International, $1.89, symbol DYAI on the U.S. over-the-counter market (Shares outstanding: 29.9 million; Market cap: $56.6 million), develops biological products, such as proteins, enzymes, polypeptides and small molecules. These are used in the agricultural, industrial, bioenergy, chemical and biopharmaceutical industries. Dyadic has already licensed its C1 fungus to two energy developers (Codexi and Abengoa Bioenergy) on a non-exclusive basis. The companies will use the fungus in the production of bioethanol and other sugar-based products from biomass (such as grass and other plant material), and from crops, such as corn. Dyadic’s technology is promising, and it could gain from the new emphasis on “green” technologies in the U.S. However, the company needs new research and business collaborations to advance its technologies, including additional technology-licensing deals, and the co-development of products and processes. It also needs to enhance its manufacturing capabilities. Meanwhile, the company is funding its development activities with its cash reserve of $9.6 million, or $0.32 a share. Dyadic is okay…