Checking Culture Medium's corporate website today reveals a domain placeholder page. Uh-oh. We'd be better off checking Brand Neue's old site, now re-branded for Culture Medium. Wow, these guys changed their name months ago and can't even do a proper domain migration. The 10-K report for August 2011 is a wonderful read. It says that their LED subsidiary had no sales and was discontinued. That LED project was the main reason for Carpenter's glowing praise. This company started life as a natural resource company and is now doing . . . well, not much of anything. The stock trades at $0.03.
Andy Carpenter, I advise you not to send your resume to Alfidi Capital.
Full disclosure: No position in BRNZ or CLTRE, ever.