Update on my journey with Amyris

Cost of growth, risk profile of the pending licensing deal, management credibility and valuation

Disclaimer: I got this company completely wrong this year. Therefore, chances are that I am getting it wrong again now. Markets bottom when we collectively capitulate. This is my personal capitulation with respect to Amyris. Therefore, take my words below with a grain of salt. I will not take offense if you use them as a contra-indicator.