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In my past experience, the little known companies are usually more legitimate due to the fact they aren't purely paying for awareness so third party debt holders can dump stock. Either way the filings tell the tale of a solid foundation being laid to vertically scale into a much larger entity. Only time will tell, but I'll be holding this little gem for a while. It was just at a 1.00+ a year ago and drifted down on low volume. The OS has only increased by 6 million shares in a year's time and the most recent float update on OTC markets reports 8.7 mill and I know it def trades that thin. There is hardly anything on level 2 after 12 -15 cents. Closed HOD Friday and above the 100 and 200 day ma. I will post a chart shortly with my input.
I just bought in here last week, it passed my tests, just needs to continued growth to start making big noise
I'm surprised I can't find this on stocktwits it seems to be a big potential winner, with solid growth and a big market to swallow up
I'm truly shocked at how little of attention this company gets. However that's more of a reason to like it, because there are not a thousand paid pumpers and scam artist here.
Exactly! Great Post!
Acquisition 8k out http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11772771
It's not the most attractive business to be in but there is one thing for sure, and that's the fact that garbage will always be generated and only continues to grow. Very stable and scalable business model that NWMH continues to grow through acquisitions paid in cash and small amounts of restricted stock which is a highly responsible means of growth. Not only that but there is no toxic debt and the guys running the show aren't strapped for cash and have very successful resumes.
$NWMH heading back to dollar land...
Great company low SS and Waste Removal is Big $$$$$$$$$$
Happy New Year to you as well and an even happier one to $NWMH she's really making an entrance into the new year
Happy New Year Claw!
Agree with you.
There's my old friend, glad you found this special Gem smitter. Not very many out here like this one. Cheers
Great to hear that! Thanks for sharing!
At NWMH, Diverse Revenue Streams lead to Healthy Cash Flow
With close to half a million sitting in the bank and in short-term securities at the end of the third quarter (September 30, 2016), National Waste Management Holdings, Inc. (OTC: NWMH) is flush with cash. This is no happenstance or accident. The company plans to become a vertically integrated behemoth with the long-term goal of servicing the entire East Coast from Florida to New York.
National Waste plans to achieve that vertical integration mainly through acquisitions, a strategy that is already proving to be a huge success. Its revenues for the nine-month period ended September 2016 were $4.9 million, rising by 262 percent over 2015 same period revenues of $1.3 million. Management at National Waste may be forgiven for laughing all the way to the bank. Cash and cash equivalents increased by 31 percent. This is one waste management company that’s wasting no time as it vigorously pursues its objective of becoming a major player in the industry.
A vertically integrated company is one that owns or controls successive stages in the supply chain. Since the end product of one stage would normally be the input to another stage, a vertical integration approach has the potential of streamlining processes and reducing costs. The major oil companies have employed such a strategy with telling effect, with interests in the supply chain from exploration to gas stations.
The waste management business has a similar heterogeneous value chain, composed of landfills, transfer stations, residential dumpster service, commercial dumpster service and residential garbage collection. National Waste, with the complementary strategies of acquisition and vertical integration, has been adding services as quickly as it has been extending its geographic reach.
Two of the driving forces behind National Waste’s winning strategy were interviewed by NetworkNewsWire (NNW), the multifaceted financial news and publishing company. CEO Louis “Tiny” Paveglio and CFO Dali Kranzthor sat down with Stuart Smith to discuss the company’s past milestones and its future goals.
With some 25 years of experience in the solid waste industry under his belt, CEO Louis “Tiny” Paveglio is a bright star in the National Waste firmament. He started as Vice President of Waste Recovery, a position from which he managed day-to-day operations and focused on revenue generation and gross margin profitability.
Under his leadership, Waste Recovery has expanded its roll-offs, built a solid waste transfer station and expanded residential garbage routes. In 2002, Paveglio was made CEO of Sandland, another Teelon company. As CEO, Paveglio made many significant changes to increase productivity and efficiencies.
After some restructuring, he increased profits while the downturn in new construction was hitting the C&D industry. He diversified to keep increasing revenue by trucking recycled materials to other various facilities, saving airspace at the landfill while fulfilling the need for recycled materials. When Sandland was acquired by National Waste, Paveglio assumed the position of CEO.
Dali Kranzthor is CFO of National Waste. As a certified valuation analyst, he is proficient in valuing companies and has assisted clients in this capacity with mergers and acquisitions and tax compliance. Before joining National Waste, he worked for many years at a full service CPA firm as director of audit and assurance and valuation.
For more information, visit the company’s website at www.nationalwastemgmt.com
Thanks for sharing these positive juicy details..
NWMH Featured in NetworkNewsWire Exclusive Audio Interview
Before the opening bell, NetworkNewsWire (NNW), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions for business, announced the online availability of an exclusive interview with National Waste Management Holdings, Inc. (OTC: NWMH).
NNW’s communications solutions include social communications, news aggregation and syndication as well as enhanced news release services designed to introduce private and public companies to a wide range of audiences. Leveraging a network of more than 5,000 key distribution outlets, NNW gives its clients a voice – be it through audio interview, video production or other tailored means – to better communicate with the investment community.
National Waste CEO Louis “Tiny” Paveglio and CFO Dali Kranzthor capitalized on the platform provided by NNW by speaking toward National Waste’s rapidly growing presence in the East Coast solid waste management industry, which is being spurred on by an aggressive, acquisition-based business model.
The full interview can be heard by visiting http://nnw.fm/nwmh-interview-dec-2016
“Our goal is to do one acquisition a quarter, and we are going to meet that goal,” Paveglio told host Stuart Smith in the interview. “We plan on finishing one up here in the fourth quarter and in 2017 we already have a couple acquisitions that we are doing due diligence on and we intend to roll those in on the first two quarters of 2017.”
CFO Dali Kranzthor echoed this sentiment by highlighting some of the advantages presented by two key acquisitions the company completed in 2015. He also reflected on National Waste’s current corporate goal of becoming vertically integrated.
“We had two key acquisitions that occurred at the end of 2015; two that we did in rapid succession … each one of those almost doubled the company and it also gave us a giant geographic footprint in upstate New York,” Kranzthor added. “The other goal here is to become completely vertically integrated. The highest profitability and the highest margins are when you can take the garbage collection all the way cradle to grave. Very few players in this market have the ability to vertically integrate and have the funds and infrastructure … Only the biggest and the best have the ability to pull that off and so we’re emulating that with our current acquisitions.”
Looking toward 2017, the National Waste executives spoke to the importance of maintaining and broadening relationships with financiers in order to fund acquisitions while continuing to relay the company’s corporate message to investors.
“The exciting thing is that this industry of waste management has a lot of eyes on it and we’ve seen … some amazing acquisitions at the very top level,” concluded Kranzthor. “As a leading company in this space we see that we’re going to basically stumble upon many more opportunities … It’s a very exciting industry and I think over the next couple of years we’re going to see a lot of highlights in this area and a lot more people are going to see us high on the radar.”
National Waste is a growing solid waste management company serving Florida’s west coast and upstate New York with comprehensive solutions for full waste diversion. The company’s current operations center on its 54-acre landfill facility located in Hernando, Florida, which handles average disposals of roughly 240,000 cubic yards of construction debris each year and is already permitted for future expansion. National Waste also offers ancillary services, such as roll-off dumpster services, recycling and retail mulching services.
For more information, visit the company’s website at www.nationalwastemgmt.com
NWMH Protects the Environment with a Range of Green Services
In the ‘Advancing Sustainable Materials Management: 2014 Fact Sheet’ (http://nnw.fm/X3pO4) published last month, the U.S. Environmental Protection Agency (EPA) released statistics on the amount of municipal solid waste (MSW) and construction and demolition (C&D) debris generated by U.S. households and businesses. The rising amounts pose a growing risk to the environment and to our health. The range of materials requiring disposal is also increasing.
Since the dawn of the electronic and digital ages, varieties of electronic waste (e-waste), which include computers and associated devices and materials, have multiplied. This mountain of waste poses a troubling challenge to the health of the planet and its inhabitants. Thankfully, it is a challenge that has been taken on by Florida-based National Waste Management Holdings (OTC: NWMH). National Waste is a growing solid waste management company that provides compliant, comprehensive solutions for full waste diversion while managing long-term partnerships with municipal, institutional, commercial and industrial customers.
The EPA Fact Sheet shows that, in 2014, the last year for which comprehensive data is available, Americans generated 258 million short tons (2,000 lbs) of MSW. MSW includes residential waste (including waste from multi-family housing) and waste from commercial and institutional locations, such as businesses, schools and hospitals. About 13 percent, or 33 million short tons, of that was burned as part of an energy recovery scheme. Another 89 million short tons, representing about 35 percent, was recycled and composted, and 136 million short tons, or 52.7 percent, went into landfills.
In addition to the mound of MSW, huge quantities of C&D debris are being generated. In 2014, 534 million tons of C&D debris were disposed of. Concrete composed the largest portion of this assortment, accounting for about 70 percent. Asphalt or blacktop comprised some 14 percent, and wood products made up seven percent. Other products accounted for nine percent combined. Over 90 percent of total C&D debris comes from demolition, naturally, while construction activities generate the other 10 percent. This is all good news for National Waste. When it comes to environmental protection, the company has a range of services that mark it out as decidedly green.
National Waste operates a licensed 54-acre landfill in Hernando, Florida, that disposes of roughly 240,000 cubic yards of construction debris annually. Landfill services include the disposal of C&D debris, asphalt and rock, lumber and wood, brick, wallboard, drywall and plaster, pallets, rock concrete, dirt, sand and uncontaminated soil, plumbing fixtures, non-asbestos insulation, roofing materials and shingles, glass, piping, waste metal, brush and land clearing, yard and tree waste and many electrical and wiring components.
To complement these landfill services, National Waste offers a range of roll off containers for rental. Containers with 20, 30 and 40 cubic yard capacity are available. The company also carries a line of recycled wood mulch and garden mulch, for which it provides bulk delivery service if needed. National Waste’s mulch is proprietary, manufactured from reclaimed and recycled wood at its landfills and transfer stations.
National Waste is also in the vanguard of the thrust by the state of Florida to achieve 75 percent recycling by 2020. The company is looking to transform its services, as well as its fundamental business model, to include a portable picking station in order to meet that objective. The implementation of a portable sorting line at the landfill will enable National Waste to increase its recyclables rate.
National Waste will also start picking clean dimensional lumber, which can be sold to wood pellet producers. The picking station will increase its concrete recycling program by about 25 percent. Additionally, cardboard and shrink-wrap plastic will be baled. The company believes the market for shingles as a fuel and asphalt blend will be growing with momentum in the next year and is dedicated to recycling as much as it can from all of its services.
This aggressive strategy is already showing signs of success. Revenues for the third quarter ended September 2016 were $1.8 million. This represented a 269 percent rise over the third quarter 2015 figure of $0.5 million. Revenues for the nine-month period ended September 2016 were $4.9 million, representing similar growth over 2015 same period revenues of $1.3 million.
For more information, visit the company’s website at www.nationalwastemgmt.com
NWMH Plans Further Growth with Targeted Acquisitions
In its latest quarterly report (10-Q), National Waste Management Holdings (OTC: NWMH), a solid waste management company headquartered in central Florida, demonstrated impressive growth. The company is currently running at full speed to achieve its stated objective of becoming a leading national solid waste company through organic growth and acquisitions. Revenues for the third quarter ended September 2016 were stellar at $1.8 million, rising by 269 percent over the third quarter 2015 figure of $0.5 million. Revenues for the nine-month period ended September 2016 were $4.9 million, representing similar growth over 2015 same period revenues of $1.3 million. Now with an aggressive acquisition strategy on the cards, National Waste Management Holdings is set to expand further.
At present, four major acquisition initiatives are planned. The one likely to be executed first is for the construction and demolition (C&D) and Class III Transfer Station in Port Richey, Florida, and due diligence on the deal has already commenced. This facility is centrally located between the company’s Hernando, Florida, landfill and its roll-off operations in Odessa, Florida, which became part of NWMH when Gateway Rolloff Services, LP was acquired.
The acquisition of a cardboard and paper recycling facility in Mulberry, Florida, is also in the offing. Successful completion of this deal, which will include roll-off services, will expand NWMH’s footprint throughout the Lakeland, Florida, area and move the company closer to the Orlando market. Also in Florida, a search is in progress for the acquisition of an industrial-permitted five-acre site meant to be used as a transfer station.
A paper shredding facility in Kingston, New York, is also being considered for possible acquisition. This facility would open NWMH to a large market stretching from New York City to Albany. Due diligence on all of these possible acquisitions is underway.
At present, National Waste Management Holdings operates as a vertically integrated waste management company. The company offers landfill, transfer station, garbage collection and container services for both commercial entities and residential customers in Central Florida and Upstate New York. NWMH’s Sunshine State markets include Citrus, Hernando, and Marion Counties.
Since it began operations, National Waste Management Holdings has disposed of, on average, 200,000 cubic yards of construction debris at its 54-acre landfill facility. The company commenced business with just one roll-off truck but now operates 14 roll-off trucks and approximately 800 containers. In addition, since 2000, the company has been contracted with Citrus County Solid Waste Management landfill to back-up its roll-off trucks. In its quest for national expansion, National Waste Management Holdings is wasting no time.
For more information, visit the company’s website at www.nationalwastemgmt.com
We are all in the business of trying to predict price action.
Let the dice roll. Standing against the tide is tough, but often rewarding.
If the numbers continue to improve, this will be a good investment IMO and if the numbers tank, then a lot more games will be played with the notes. Everything else is just recycled opinion at this point.
Patience is a virtue with this stock. I know we all want to trade our way to quick profits, but news is coming and there is too much to like outside of that one parameter for success.
Yup! I think someday we'll wonder why we didn't snatch up all these shares that are offered here. I always wondered why when stocks are low, you can buy bucket loads of shares, but when they move, there isn't any around. Hopefully that history will repeat here too, and soon.
Yup! I think someday we'll wonder why we didn't snatch up all these shares that are offered here. I always wondered why when stocks are low, you can buy bucket loads of shares, but when they move, there isn't any around. Hopefully that history will repeat here too, and soon.
She's creeping on up. Solid merger and developments unfolding.
NWMH Announces Engagement of NetworkNewsWire
Earlier today, National Waste Management Holdings, Inc. (OTC: NWMH) announced its engagement of NetworkNewsWire (NNW), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a rapidly expanding distribution network that currently includes well over 5,000 key syndication outlets, NNW specializes in helping both public and private organizations “find their voice and build market visibility.”
Through its newly-announced Client-Partner relationship with National Waste, NNW will utilize its investor-based Brand Network of partners, as well as various newsletters, social media channels, blogs and other outreach tools, in order to cut through the overload of information in today’s market and generate greater brand awareness for the company throughout the investment community.
“National Waste is rightfully enthused about its growing position in the waste management industry. The Company has reported three straight quarters of revenue growth, powered by the performance of its Florida landfill and supplemented by an aggressive acquisition strategy,” Sherri Franklin, Director of Content Marketing for NNW, stated in this morning’s news release. “We look forward to working alongside National Waste’s management team to elevate the company’s corporate communications with existing shareholders and the broader investment community.”
The NNW announcement continues to build on what has been a hot start to the week for National Waste. On Monday, the company announced its financial results for the three-month and nine-month periods ended September 30, 2016. Among National Waste’s third quarter financial highlights, the company successfully achieved a 269 percent year-over-year increase in revenue, marking its third consecutive quarter of triple-digit quarterly revenue growth. Similarly, National Waste’s revenues for the first nine months of 2016 were up 262 percent from the comparable period of 2015, totaling $4.8 million.
This performance was largely attributed to National Waste’s aggressive acquisition strategy, which included the acquisitions of both Waste Recovery Enterprises and Gateway Rolloff Services during the fourth quarter of 2015. Continuing with this strategy, National Waste also completed the acquisition of Sivart Services LLC, a roll-off and compactor business located in upstate New York, earlier this year. By capitalizing on these growth opportunities, National Waste aims to establish itself as a leading vertically-integrated solid waste management company and a dominant regional player in both Florida’s west coast and upstate New York.
“Simply put, National Waste is on the move. Since 2015 we have completed four strategic acquisitions, demonstrating our commitment to build shareholder and corporate value as well as our ability to penetrate chosen markets with tactical execution of our acquisition strategy,” Louis Paveglio, chief executive officer of National Waste, stated in this morning’s news release. “As we continue to advance our operations and offerings, we believe clear communication with shareholders will further propel the success of our corporate initiatives. By partnering with NNW, we are able to focus on our acquisition-based growth strategy while strengthening our corporate message.”
For more information, visit the company’s website at www.nationalwastemgmt.com
Some proof of power-scaling. Many positive developments ahead.
Expecting more awesome moves from NWMH.
Dramatic revenues increase.
Seems like someone is loading this quietly. Three Market Makers all at or above .10 cents now, that's the most I recall being there o er the past month of watching this trade.
NWMH Announces 269% Revenue Growth for Third Quarter
Before the opening bell, National Waste Management Holdings, Inc. (OTC: NWMH) announced its financial results for the three months ended September 30, 2016. Notably, the company achieved year-over-year revenue growth of 269 percent, recording $1.7 million in total revenue for the quarter. National Waste recorded similar growth for the first nine months of 2016, with total revenue of $4.8 million, which marked an increase of 262 percent from the comparable period of 2015.
This financial growth is largely attributable to the company’s aggressive acquisition strategy, highlighted through the 2015 acquisitions of Waste Recovery Enterprises and Gateway Rolloff Services. National Waste leveraged this strategy once again in June of this year, when it acquired Sivart Services, a roll-off and compactor business located in Worchester, New York, in an effort to expand its geographic footprint in the northeast while supporting additional revenue growth.
“We are pleased to report our third-quarter 2016 results, marking three consecutive quarters of triple-digit quarterly revenue growth. Our third-quarter performance largely reflects the effectiveness of our acquisition strategy and, in correlation, our growing customer base,” Louis Paveglio, chief executive officer of National Waste, stated in this morning’s news release. “Moving forward, we expect to see continued improvements in profitability as a result of our acquisitions of WRE and Gateway in 2015, supported by our acquisition of Sivart Services earlier this year and our rapidly expanding presence in the northeast.”
In addition to its strong financial performance, National Waste made efforts to strengthen its position in the solid waste management industry during the third quarter by expanding its management team. On August 18, 2016, the company appointed Dali Kranzthor to the position of chief financial officer. Kranzthor added considerable financial experience to the National Waste team, having previously served in leadership roles with numerous privately-held and publicly-held firms located throughout Florida. Most recently, he served as the director of audit and assurance and valuation services at a boutique accounting firm in St. Petersburg, where he worked with both large private businesses and high wealth individuals.
“During the third quarter of 2016 we continued to execute on our business model and build our team and footprint through effective management and acquisitions,” Kranzthor added in this morning’s news release. “When I joined National Waste in the fall of this year, I walked into a flurry of progression and look forward to providing my expertise for continued growth for the remainder of 2016 and beyond.”
Moving forward, National Waste could look to continue its revenue growth through the completion of additional accretive acquisitions. In a news release earlier this year, Paveglio stated that National Waste had already identified a number of potential acquisition targets that are consistent with its business strategy. The momentum provided by these and other ongoing initiatives is expected to spur additional revenue growth as National Waste continues to expand its solid waste solutions in order to meet growing demand.
For more information, visit the company’s website at www.nationalwastemgmt.com
Investor Presentations Give Further Insight into NWMH Operations
For more information on NWMH, visit http://ir.nationalwastemgmt.com/presentations
NWMH's Sorting Line Provides Corporate, State Benefits
National Waste is transforming its services and fundamental business model to include a portable picking station to assist the State of Florida in meeting its mandate for 75% recycling by 2020.
For its part in this initiative, National Waste is implementing a portable sorting line at its Florida landfill to increase its recyclables rate. By picking out clean dimensional lumber, the material is removed from landfills while providing the opportunity to sell to wood pellet producers.
The picking station will also increase the company's concrete recycling program by about 25%, as well as allow for the baling of cardboard and shrink wrap.
National Waste believes the market for shingles as a fuel and asphalt blend will gain traction in the next year, and the company is gearing up for this growth as well.
For more information visit:
http://www.dep.state.fl.us/waste/recyclinggoal75/default.htm and www.nationalwastemgmt.com
The Driving Force behind NWMH
Louis “Tiny” Paveglio - Chief Executive Officer
Louis “Tiny” Paveglio has 25 years of experience in the solid waste industry. He was recruited by current Chairman of National Waste, Mr. Teelon as Vice President of Waste Recovery to manage day-to-day operations and to focus on revenue generation and gross margin profitability. Within one year he was given a partnership share in the company and expanded into mining and crushing, dump trucks, roll-offs, a solid waste transfer station and residential garbage routes.
In 2002 Mr. Paveglio moved to Florida to become CEO of Sandland of Florida Enterprises, a landfill facility owned by Mr. Teelon in Holder, Florida. As CEO Tiny made many significant changes to increase productivity and efficiencies. After some restructuring, he increased profits while the downturn in new construction was hitting the C&D industry. He diversified to keep increasing revenue by trucking recycled materials to other various facilities saving airspace at the landfill while fulfilling the need for recycled materials. In 2014 Sandland became a subsidiary under public company under National Waste where he continues to hold the CEO position at National Waste.
Jeffrey Chartier - President
Jeff Chartier is a seasoned professional with over 30 years of experience in transactional and execution strategies within capital markets. Prior to his current role, Mr. Chartier was a Vice President at Morgan Stanley. Subsequently these experiences led Mr. Chartier to establish his own firm Chartier Financial in 2002. Opportunities within the environmental sector, Mr. Chartier in 2005, created, built, and developed a number of environmental companies both private and public. In his current role as President of National Waste, Mr. Chartier will devote his energies and experiences in repeating past successes and learning from past challenges as he continues to expand National Wastes footprint within the solid waste sector.
Dali Kranzthor - Chief Financial Officer
Prior to joining National Waste, Mr. Kranzthor was the director of audit and assurance and valuation services at a boutique accounting firm in St. Petersburg, FL serving several large private companies and high wealth individuals. Prior to working at this firm, he worked as the interim CFO of a public company that develops telecommunications devices and services in Miami, FL. He founded a PCAOB registered accounting Firm in Tampa, FL and worked as a manager at a regional accounting firm located in Tampa and headquartered in New York. Mr. Kranzthor is proficient in valuing companies as a certified valuation analyst and has assisted clients in this capacity with mergers and acquisitions and tax compliance. He has extensive experience with both privately held and publicly held companies. Mr. Kranzthor graduated with a Bachelor of Science Degree in Accounting from the Florida State University.
For more information visit www.nationalwastemgmt.com
You're right. Patience will pay off. Lots of tail winds here that could give this thing flight at any time. Hopefully management is doing what they can to address the stock price (surely they must be I would think). As they say, Rome wasn't built in a day.
Patience is a key here. They have proven time and again that they are in this for the long haul. IMO.
I hear you, but I like those occasional PRs to keep my investor morale high. Unlike many other pennies, I do not lose sleep over a price drop. Still, it is nice to get that positive feedback that we are on track for what will most likely a good player.
NWMH Supporting Florida’s Recycling Efforts
Since 2008, Florida has been focusing its efforts on its new statewide recycling goal of 75%, to be achieved by 2020. This was later followed by an amendment in legislation to promote the production of renewable energy from waste. As a result of these changes, and others, the recycling rate in the state increased by 4% between 2012 and 2013, according to Waste Management World (http://nnw.fm/uJ1lB).
These new efforts to increase Florida’s recycling rates found Jorge Caspary, director of the Division of Waste Management, urging organizations to increase their recycling efforts, since commercial municipal waste makes up approximately 55% of the total municipal solid waste in the state. Since the rise in recycling rate, the amount of solid waste has also increased, from just under 28 million tons to over 30 million, a large portion of this due to construction and demolition waste.
With this in mind, Florida’s Department of Environmental Protection (DEP) found that only about half of commercial solid waste in the state is being recycled. The department believes more commercial recycling would help the state reach its goal of a 75% recycling rate. Other organizations have the same vision and have joined the effort for a more sustainable Florida.
National Waste Management Holdings, Inc. (OTC: NWMH) is a solid waste management company located in Central Florida. The company provides solutions for full waste diversion, which include landfill, transfer stations, roll-off, mulch, and recycling services. More specifically, NWMH provides a construction and demolition (C&D) landfill in Hernando, Florida, servicing Citrus, Hernando, and Marion counties.
NWMH owns a 54 acre landfill facility and has an average annual disposal of approximately 110,000 cubic yards of construction debris. With new housing construction in the U.S. up significantly in recent years, and with further increase on the horizon, National Waste Management Holdings, Inc. plans to acquire complementary businesses, expand its national presence, and increase the operational efficiency of its existing business, all while supporting Florida’s goal to reach a 75% recycling rate target.
For more information, visit the company’s website at www.nationalwastemgmt.com
I agree with you. Moment of truth is right. The stock price goes much lower it will pretty much end my faith. The one thing is that there is tax loss selling that might hit this thing, so, if there isn't life by mid January, I'm going to have to call it a loss and get out myself. I don't think that I will have to sell, but after awhile, you just have to admit that it has gone wrong.
Well no point in selling it now. I am pretty much stuck at the wait and see phase. I would rather take a loss on the whole thing than sell it now.
We are getting closer to the moment of truth here, IMHO. One way or another, the dice are rolling. Standing against the tide is tough, but often rewarding.
Amen to that. I know what we are still definitely in great hands.
I know great things are happening holding STRONG.
September financials may reflect bump for storms' cleanup.
Ditto. NWMH September results are hopefully an interesting read.
Agreed! Seems like they are bulking up the business and sooner or later, they will get traction. Hopefully they will do what they said on their investor presentation on the website from earlier this year and get listed. That would be a game changer.
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National Waste Management Holdings, Inc. (NWMH) is a solid waste management company offering comprehensive solutions for full waste diversion along Florida's west coast and in upstate New York. With an established base of long-term partnerships with municipal, institutional, commercial and industrial customers, along with a successful acquisition strategy, National Waste has set its course to become a leading waste diversion company.
In addition to increasing its geographic foothold, National Waste employs a strategic acquisition model to increase its overall market share. In 2015, the company acquired Gateway Rolloff Services LP and Waste Recovery Enterprises LLC, which are expected to generate a combined $3.8 million in annual revenue for National Waste moving forward. In the second quarter of 2016, National Waste added Sivart Services to its roster, creating an immediate source of additional revenue and expanding its foothold in the northeast New York.
Using a three-pronged acquisition strategy, company management has identified several additional acquisition targets to further support the company's broader expansion strategies. The company's initiatives are guided by a strong management team supported by a board of directors experienced in a diverse mix of specialties.
Investment Highlights
Specialists in C&D landfill, recycling, roll off services, mulch sales and other high-demand, environmentally conscious services
Landfill Services
National Waste's 54-acre landfill facility located in Hernando, Florida, handles annual average disposals of roughly 240,000 cubic yards of construction debris. In 2015, National Waste received an expansion permit and a 10-year renewal permit for its landfill operations from Florida's Department of Environmental Protection. While the landfill facility is already permitted for future expansion, National Waste's growth strategy also calls for the opening of new satellite offices in counties and states that neighbor its existing operations.
Additional Services
Roll-Off Services
National Waste offers a full range of roll-off container rental services with pick up and drop off collection, specializing in the removal of debris, garbage, waste, construction and demolition debris. Providing fast, responsive and same-day service of well-maintained dumpsters and trucks, National Waste's services are perfect for general contracting, new homebuilders, reconstruction, landscaping and home improvement.
Mulch Services
The company also carries a line of recycled wood mulch and garden mulch, as well as bulk delivery service. National Waste manufactures its own mulch from reclaimed and recycled wood at its landfills.
Recycling Initiatives
In correlation with the State of Florida's goal to achieve 75% recycling by 2020, National Waste's fundamental business model will include a portable picking station. By implementing a portable sorting line at the landfill, National Waste will be able to: increase its own recyclables rate by about 25%; pick clean dimensional lumber which can be sold to wood pellet producers; and bale cardboard and shrink wrap plastic. Additionally, National Waste anticipates growing demand for shingles as a fuel and asphalt blend, and is dedicated to recycling as much as it can from all of its services.
Waste Management
Inspired by a powerful commentary surrounding the fragile state of the environment, National Waste has amended its services to better suit an eco-friendly business model, working with businesses throughout New York and Florida to help combat thoughtless waste. Green initiatives include the aforementioned line of recycled wood and garden mulch; sorting systems that remove recyclable materials from the landfill; preparations to recycle shingles and asphalt blend; and the recycling of clean dimensional lumber for sale to wood pellet producers.
Focused on acquiring accretive, solid waste-related businesses that create synergy with existing operations
National Waste has a three-pronged approach to successfully execute its acquisition strategy.
October 28, 2015 - Waste Recovery Enterprises, LLC, a NY-state permitted MSW transfer station with recycling ability located in Bainbridge, NY.
December 2, 2015 - Gateway Rolloff Services, L.P., one of the largest roll-off companies in Central Florida.
June 16, 2016 - Sivart Services, LLC, a roll-off and compactor company located in Worchester, NY
With revenues of $4.9 million for the combined first, second and third quarters of 2016, National Waste has generated higher revenues in the first nine months of 2016 than in full-year 2015, setting the company on track for continued revenue increases for the full year ended December 31, 2016.
Full-year revenue
2013 - $1.2 million
2014 - $1.6 million
2015 - $2.5 million
2016 - $4.9 million *as of September 30, 2016
The U.S. solid waste treatment and disposal services industry generated revenue of $19 billion in 2014, according to IBIS World – and is on pace for continued growth in the next five years as more consumers and businesses create more waste.
The market in Florida, specifically, boasts the following:
National Waste is managed by a team of professionals with extensive experience in various aspects of solid waste, construction, finance, business development, and other pertinent areas. Management has established working relationships with Florida's Department of Environmental Protection to ensure compliance within the complex regulatory environment of the waste management industry, and has demonstrated its ability to successfully execute the company's broader business model.
Louis "Tiny" Paveglio - Chief Executive Officer
Louis Paveglio has 25 years of experience in the solid waste industry. He was recruited by current chairman of National Waste, Charlie Teelon, as VP of Waste Recovery to manage day-to-day operations and to focus on revenue generation and gross margin profitability. Within one year he was given a partnership share in the company and expanded into mining and crushing, dump trucks, roll-offs, a solid waste transfer station and residential garbage routes.
In 2002, Paveglio moved to Florida to become CEO of Sandland of Florida Enterprises, a landfill facility owned by Teelon in Holder, Florida. As CEO Tiny made many significant changes to increase productivity and efficiencies. After some restructuring, he increased profits while the downturn in new construction was hitting the C&D industry. He diversified to keep increasing revenue by trucking recycled materials to other various facilities saving airspace at the landfill while fulfilling the need for recycled materials. In 2014 Sandland became a subsidiary under public company under National Waste where he continues to hold the CEO position at National Waste.
Jeffrey Chartier - President
Jeff Chartier is a seasoned professional with over 30 years of experience in transactional and execution strategies within capital markets. Prior to his current role, Chartier was a VP at Morgan Stanley. Subsequently these experiences led Chartier to establish his own firm Chartier Financial in 2002. In 2005, Chartier created, built, and developed a number of environmental companies both private and public. In his current role as president of National Waste, Chartier will devote his energies and experiences in repeating past successes and learning from past challenges as he continues to expand National Waste's footprint within the solid waste sector.
Dali Kranzthor - Chief Financial Officer
Prior to joining National Waste, Dali Kranzthor was the director of audit and assurance and valuation services at a boutique accounting firm in St. Petersburg, Florida, serving several large private companies and high wealth individuals. Prior to working at this firm, he worked as the interim CFO of a public company that develops telecommunications devices and services in Miami. He founded a PCAOB-registered accounting firm in Tampa, and worked as a manager at a regional accounting firm located in Tampa and headquartered in New York. Kranzthor is proficient in valuing companies as a certified valuation analyst and has assisted clients in this capacity with mergers and acquisitions and tax compliance. He has extensive experience with both privately held and publicly held companies.
BOARD OF DIRECTORS
National Waste CEO Tiny Paveglio and President Jeff Chartier are also members of the company's board of directors. They are joined by:
Charles "Charlie" Teelon - Chairman
Charlie Teelon has nearly 40 years of experience identifying and executing acquisitions in the solid waste industry to growing Ulster Sanitation in New York into a multi-million dollar commercial and industrial waste services company. He successfully completed 60 acquisitions expanding the business into 15 counties in New York State. Ulster Sanitation was valued at over $70 million at the time it was sold to leading solid waste providers such as Waste Management, United Waste, Eastern Environmental and Casella Waste Systems. Currently, Teelon leverages his past experience to assist management within the solid waste sector to expand the National Waste footprint in the southeast region.
Arthur D. Weed - Director
Arthur Weed is a retired senior level petroleum distribution executive and business owner. He served as VP of operations of Mirabito Energy Products during the rapid growth of the company as it became a substantial presence in upstate New York and northern Pennsylvania. Weed facilitated the company's expansion into the propane business and the company's purchasing/building of 60 convenience stores. Weed also previously served as executive VP of Savory Energy Co. Inc., with full P&L responsibility for a facility serving 3,500+ home heating and commercial customers, 30 dealer operated service stations, 10 fuel distributorships, and bulk petroleum storage of 5 million gallons served by an interstate pipeline. During his tenure, Weed was responsible for all employees and fleet, he prepared bids for contract and non-contract customers while coordinating pricing efforts with the New York Mercantile Exchange, the spot New York Harbor Market, and local competition as well as, supervising the environmental management of the facility as well as other company owned facilities, and the establishment of employee safety programs.
Kirsten Gooldy - Director
Kirsten Goody brings over 20 years of experience in corporate finance, compliance and other senior executive roles with public and private companies. She currently serves as chief compliance officer for FTE Networks, Inc., where she is responsible for overseeing and managing compliance within the organization, including all regulatory requirements and internal policies and procedures, as well as overseeing all investor relations activities. She previously served as CFO for Powerstorm ESS where she led the finance and accounting teams, oversaw fundraising activities and implemented cost saving initiatives. She has also held senior executive roles with the Gaea Group, The DiBari Group, and U.S. TelePacific Corp.
National Waste Management Holdings, Inc. | NetworkNewsWire |
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