Monday, August 27, 2012

As Summer Comes to a Close



As summer comes to its unofficial close (yes, I know on the calendar we have a few more weeks until the autumnal equinox) which most of us mark as Labor Day weekend, GBT is poised for a very intense and productive run between now and the Thanksgiving holiday.

After an exhaustive number of interviews and screenings we selected and signed an agreement with LNV engineering. This firm truly stood head and shoulders above many others as we discussed and analyzed the criteria and expertise we would need from an engineering team to take us to the next level of production. 

Our search for a permanent site for the first full scale production farm has intensified and as of today we feel we have narrowed the potential sites down to a number of 4. Our engineers and management team will be doing the respective assessments weighing the merits and potential shortcomings of each potential site and it is our objective to settle on a location and secure it by late September to early October.

After a fairly intense period that will involve introducing our engineers to the many complicated aspects of our system, we would hope to beginning actual design work on the first two commercial modules and the supporting infrastructure by November, with a possibility (an admittedly aggressive objective) of still breaking ground in 2012 for the initial production modules.  

We have two full time job positions that we will begin interviewing candidates for in late September. 

These are very positive marks of growth in our company and as such mark significant steps toward becoming a significant player in aquaculture production in the USA. We think we will recognize this objective by the end of 2013 which given everything we have undergone as a company would be quite amazing.

And speaking of growth, this crop of post larvae seem to be flourishing growing at a phenomenal rate and should be ready for full scale commercial stocking by the end of September. 



These ( pictured above) are just a few of the 150,000 post larvae from pond # 9 being acclimated for stocking. 

They look very healthy and robust and truly are growing much faster than previous batches.

So, I head to Maryland tomorrow for the next ten days. It will be good to be back in Maryland for the Labor Day weekend to be with friends and family but the truth is all of my energies and focus for the business are now directed fully toward Texas. 

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