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I think and hope you are correct. Connecting all the dots. Of all the companies to reverse merge into... why DRAG? Because it is completely in line with the model. Read latest Q and what did DRAG say , they were honest and said we need a process to extrude the nylon (Hitec) BOOOOOOOOOOOOOOOOOOOOOOOOOM, Hitec found them !!!
The same Sierra Equity that has been wrong far more than they have been accurate. The same Sierra that was pumping few weeks ago
I like the theme Giv'em Hell "Harvey" $$$BOOOOOOM
Local man makes dreams come true. BOOOOOOOOOOOM Nothing like seeing a success story.
Harvey Buhr is part inventor, part entrepreneur and part mad scientist.
“I've always had an interest in waste-to-energy,” said Harvey Buhr, founder and CEO of Hitec.
That interest became a company called Hitec, which Buhr founded back in 2004 from his home and farm in Bonnots Mill.
His waste-to-energy idea centers on old tires, which he sees as an opportunity that's gaining steam.
"It's a renewable energy project, it's a waste to energy project, it's totally green,” said Buhr.
Buhr has machines in his backyard that can recycle a whole cart of tires at a time. Once they go in, Buhr uses heat to extract the oil and other energy sources inside of them.
"For every 1,000 pounds of tires that we process, we can generate 51 gallons of diesel fuel,” said Buhr.
He says his process traps all the pollutants so that there's nothing bad going back into the air. And his ideas are catching on. The military has given him grants to continue his research on converting waste to fuel.
The hope is to someday have plants like the one here on his Bonnots Mill farm all over the world. Recycling tires and creating green energy for future generations.
"I'd just assume be here as anyplace else. I can do what I wanna do here, go hunting and fishing and have all the family close,” said Buhr. “So, no reason to be anywhere else."
Hitec DRAG$$$$ BOOOOOOOOOOOOOOOMAGE
That is AWESOME. I wonder if with this type of company we could see a dividend structure. I am LONG the stock so I have plenty of time.
U.S. tire industry may face carbon black shortage
http://www.rubbernews.com/article/20140513/NEWS/305059983/king-u-s-tire-industry-may-face-carbon-black-shortage
HILTON HEAD ISLAND, S.C.—The U.S. tire industry will start seeing shortages of carbon black as early as 2016 if current projections hold steady, according to a speaker at the 30th annual Clemson University Tire Industry Conference at Hilton Head April 23-25.
Furthermore, pending Environmental Protection Agency regulations could cause both increased costs and shuttered U.S. capacity within the carbon black industry, said Gregory King, vice president of marketing for Sid Richardson Carbon Co.
King based his projections on both the analysis and market model by Simon-Kucher & Partners and the capacity and demand estimates made by Notch Consulting Group. Currently, carbon black nameplate manufacturing capacity in the U.S. and Mexico stands at 4.63 billion pounds per year, he said.
However, EPA efforts to control sulfur oxide and nitrogen oxide emissions from U.S. carbon black facilities will cause domestic capacity to fall to 4.11 billion pounds by 2020, according to King. Projected demand for that year points to a production shortage of 465 million pounds in that year, he said.
“There will be a shortage of carbon black starting in 2016, provided that everyone's expansion plans for tire production go forward as assumed,” King said. “Starting in 2016, we're going to be out of balance.”
Among U.S. carbon black producers, Cabot Corp. already has settled with the EPA, he said. Cabot has agreed to invest approximately $90 million in two U.S. carbon black plants, and to reduce sulfur oxide and nitrogen oxide emissions in the U.S. by 80 to 90 percent, he said. The company will spend the next several years executing the agreement.
Sid Richardson and other U.S. carbon black makers are cooperating willingly with the EPA in discussions on how to cut emissions, King said. “We all want to do the right thing.”
While there are many ways to reduce emissions of nitrogen oxide and sulfur dioxide, those carbon black makers that can close U.S. plants in favor of imports—such as Cabot—will do so, according to King.
For Sid Richardson, closing U.S. plants is not an option, he said. But the company will face some difficulties in achieving the emissions reductions the EPA wants, he said.
“Controlling sulfur oxide emissions is a matter of installing wet scrubbers,” King said. “We have two plants in West Texas, and we're not sure we can get enough water there to absorb all emissions. Maybe we could consider air preheating or other options, or find ways to use less oil.”
In any case, the industry can expect an increase in production costs because of the operating cost components over and above the capital costs, he said.
Expect China to take up the slack in carbon black production left by the U.S., according to King.
“There are about 100 carbon black producers in China,” he said. “Some are mom-and-pop operations and produce carbon black of very bad quality. But all the major players have plants in China, and there is good carbon black made there too.”
China's expansion into the U.S. and world carbon black markets will be largely price-driven, King said.
“China has a huge price advantage on us,” he said. “Because China owns its steel market, it can take the coal tar from those plants and make carbon black.” The result, he said, is Chinese carbon black that costs $8 to $10 less per barrel than U.S. carbon black.
“They can eat the freight costs and still lead the market,” King said.
India and Russia are growing steadily in carbon black production, according to King. Russia has just completed an enormous carbon black plant in Omsk, from which it apparently plans to flood the European market, he said.
Harvey Buhr CEO Hitec 2009 While in Developement
"Construction of a commercially feasible operation is something he wants to consider. An ideal plant, he believes, is one that would have four processors under 1 roof and is capable of handling 3.5 million car or light truck tires per year or 12,500 per day. A plant this size would produce almost 3,000,000 gallons of fuel oil, 24,000,000 pounds of carbon 14,000,000 lbs of steel. and enough gas to heat 3000 homes for a winter.
http://www.protostardesign.com/cafes/UD_article_8_19_09.pdf
CONVERTING WHOLE OTR SCRAP TIRES TO ENERGY
http://hitecusa.net/photo/26_news_Fall%202010%20TTI%20-%20Scrap%20Tire%20Article.pdf
Man recycles tires to create green energy
http://www.connectmidmissouri.com/news/story.aspx?id=396529
Brooksda don't know if you got into it on the phone. Did he say how much product can be stored within the processors.
No alerts in my brokerage account I think it is open.
No I meant you are dismissed.
I believe the readers can judge for themselves. The evidence is clear. Dismissed
Thank you for clarifying, less anyone be confused. I am confident the picture has been painted sufficiently.
Wrong again. Sorry ! Quote:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109679313
#17 Most Reads last hour #36 Most Reads since midnight. You nailed that one, make no mistake many many eyes are watching...
I think they will be required to file last 2 years of financials. Not 100% sure though.
Huge run and we have only just begun.
You were certainly right on the money with that prediction
Probably even the biggest understatement of the year.
Good call and it is still climbing and hasnt even had NEWS yet
That is such a great find, now I know how to find them myself. Always learning thanks.
Was there a request for ticker change or just SOP?
So NOT ONLY does Hitec Reclaim the materials, but they also charge for taking the tires. My local landfill charges $2.50 per tire $75.00 per oversize tires. That is some serious cash just for the tire
Funny no links to back it up. Same ole same ole. It's called a "Bash and Buy"
The thing I am also hoping for is that when everything gets laid out I think we will have a huge market for the reclamation of nylon in these landfills. The Dragon Polymers side of things Is a perfect fit. And I have a suspicion that Hitec can modify the processors to reclaim other waste materials.
Thanks, I wasnt the first to find it there is a sticky.
You are absolutely right. Jeffrey Michel the new Director is exactly that person. He actually is with Southwood Partners
Notice Hitec as clients
http://www.swdpartners.com/recent-projects.html
When NEWS hits we will see a lot of ask slapping BOOOOOOOOOOOOOOOOOOOOOOOOOM
On your mark, get set ...... $Hitec BOOOOM DRAG$$$
I am surprised how long these things take to unfold, doesnt seem like it should be too complicated. I am all in, but will have more funds in 10 days. If no news until then I am loving life. Will be able to triple position. But I wont be that lucky NEWS will break before lol.
Black Gold ... Texas Tea... TIRESSSSSSSSSSSSS BOOOOOOOOOOM
Those were dates that were given in December, I was told on December 30th middle of the month. I said middle of the month, he said quote "Beginning to Middle".
Problem is we need NEWS. The longer this goes the more people get concerned about DRAG being released from Canada. The company said this is the only thing holding things up.
Good Morning $$$$ DRAG Hitec We Break .02 Today
Welcome Aboard Spazz911 Great to have you here. Some additional sourcing.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109939864
followthequid
Based on Mr Buhrs 2009 Interview 1 plant with 4 processors could yield $170 Million. And that is not including the revenues they will get if they are also charging to get the tires. I think for 1 location those numbers are very reasonable.