|
Prosperity Is Feeding,
Growing: Favored Incorporated (Pink Sheets:FVRD) by Glenn
Wilkins - AllPennyStocks.com News Reporter
December 15, 2006 (AllPennyStocks.com Media Inc.) - There
are many situations in which investment is very simple: find
companies you understand, making products that can either be
eaten or drunk, and follow their success in supplying demand
for such products.
With people in our society living longer, more attention is
being paid to the quality of the foods they eat. Companies
paying special heed to reducing impurities in foods to
maintain our good health and quality of life will be the ones
that lead the economy in the future.
One company directing its efforts to improving food is
Favored Incorporated
(PINK SHEETS:FVRD) out of West Lafayette, Indiana,
whose FAVOREDā system delivers food products that are
traceable from origin to consumer ("from seed to plate", as
expressed in company literature), thus assuring consumers that
those foods are free of growth hormones and antibiotics, and
produced with only non-genetically modified feed rations.
Favored's story is impressive and merits attentions from
small cap investors because of some irrefutable numbers from
food industry organizations. Sales of organic foods mushroomed
(pardon the pun) from $1 billion in 1990 to $12.2 billion in
2004 according to the Organic Trade Association (all figures
in U.S. funds unless specified otherwise). As for the extra
cost to our grocery bill for foods that aren't genetically
enhanced, 88% more consumers have demonstrated they are
willing to pay that cost, according to the Natural Marketing
Institute. Sales to consumers who demand natural or organic
foods now exceed $30 billion a year.
Favored has already capitalized on this new consumer
readiness, which the industry churned out $7.2 billion in
revenue last year. Favored is selling its beef products at
fine dining houses in major cities like New York, and winning
awards from hospitality industry bodies. The recognition from
diners and industry has spawned a remarkable growth, which has
necessitated for the company a move to newer, bigger
headquarters in West Lafayette.
There is another factor to be considered; the issue of
bioterrorism. Thanks to the system that the company is now in
the process of patenting, policymakers in many countries are
now looking into the value of making food traceability
mandatory to ensure that food is free from pathogens and other
toxins that terrorists could use to wipe out entire
populations.
Favored works with growers, grain marketers, millers and
feeders to supply uniquely traceable grain, allowing the
process to catch on. The company has instituted a system to
foster the research and development of the very best seed for
its grains, thus making it traceable, too. Besides beef, seed
and grain, Favored also offers its own line of soy and pork
products.
The whole idea behind this line originated nearly a decade
ago, when a crusading dentist, and the current President of
Favored, Dr. Claude Page saw a need for a safe and healthy
food source consumers could throw their arms around. Having
traveled to underdeveloped countries, Page realized the need
to improve health through better agricultural practices. His
research began with corn and soybeans that offered consistent
nutrition at good value, while meeting exceptionally high
quality control standards.
In November, Favored entered into a Letter of Intent with
Synchronicity Financial for an equity investment, entailing a
timed provision for the latter firm to invest up to $1,000,000
in Favored, picking up 147,500 shares at $2 per share, and
18-month warrants at $3 per share.
Favored, which trades on the Pink Sheet market under the
symbol FVRD, has its corporate headquarters in West Lafayette,
Indiana, as mentioned, its grain facility in nearby Windfall,
and Canadian headquarters in the hamlet of Woodslee, Ontario,
just up the road from Windsor.
The stock price sits in the bottom portion of a fairly wide
- and wild - trading range. The per-share price peaked for the
year at $8.00 in late May, only days before it plumbed a gulch
of 14 cents. Mid December found the price at a tempting 35
cents a share.
Copyright © 2007 AllPennyStocks.com. All
rights reserved. Republication or redistribution of
AllPennyStocks.com's content is expressly prohibited without
the prior written consent of AllPennyStocks.com.
AllPennyStocks.com shall not be liable for any errors or
delays in the content, or for any actions taken in reliance
thereon.
|
