SG Blocks (SGBX) Stock to $10?🚀 | Full SGBX Stock Analysis & Prediction

SG Blocks is a design and construction services company, which engages in the business of providing code engineered cargo shipping containers for safe and sustainable construction. They re-use metals for other uses into building construction material; this includes redesigning, reusing, and transforming containers and heavy steel cargo into green building blocks for commercial, industrial, and residential building construction. They continue to provide innovative structures, labs, and testing solutions to support the fight against, and recovery from, the COVID-19 pandemic. Back in January, the Company executed an agreement to provide COVID-19 testing near O'Hare airport for passengers and staff. There has also been the launch of SGB Development Corp , to co-develop and deliver homes and apartments for sale and rent located in  Texas. These  development projects will help the company get a steady stream of revenue  as well as a share of potential profits on sale. Sg blocks also  provides consulting and construction management services for the usage of fabricated metal in construction projects. This shows they have different business segments. Looking at more recent news , the company announced last week that it would acquire a new manufacturing facility in Durant Industrial Park to boost production which is a very good sign. The facility  is approximately 55,000 square feet and will serve as the second facility that SG Blocks has acquired, since recently adding the original SG Echo factory. This new facility will allow Sg blocks to run 2 additional production lines in order to support a growing demand. The closing of this contract is supposed to be sometime around August. Additionally,  the company appointed a new board of directors, increasing the number from 4 to 6 members. These new directors are entrepreneurs with over 30 years of investment banking experience,  working with public and private companies. This shows Sg blocks are trying to put experience on their side and have big plans in growing , which makes me even more bullish on them. What really makes this company special however,  is their  innovative business model. The repurposing of these  shipping containers reduces the carbon footprint of construction, the structures can be stacked vertically which reduces the need for large land parcels, and  rural communities can have access to testing more easily. Additionally,  the containers help builders save time and money by being able to be transported quickly. Also if you think about it, there are millions of unused shipping containers in the world that can be effectively recycled, making this a huge opportunity for SG.