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2 things one....1) you would get more than Italy any country could transport ewaste to the Italian facility. They actually got the port unions to sign on as well. 2) 60 million is a lot of people average household produces 15 pounds of Ewaste a year...so let's use 10 million people at 15 pounds is 150 million pounds...about .50 a pound that's 75 million dollars...let's go lower lets only use 5 million people at 10 pounds.....that's 25 million in revenue....let's go lower 3 million at 5 pounds that's 7.5 million dollars....with a market cap under 5 million I would take 7.5 million in revenue.
The cerebral deal called for an exchange of shares also ewsi was responsible for the equipment and set up. If the plant is suppose to be up and running by June or September by the latest...ewsi needs cash. Italy/Europe is going to be released probably after the quarterly report and from my understanding permits are approved or almost approved. Italy's unemployment rate is bad right now and pushing for any new industry in the region.
You mean 200 shares lol thats dilution
Well my order was partially filled never heard of dilution leaving anything on the bid...or partial fills.
Past my 100k bid right up thats for sure at .0105...
I also checked here in Pittsburgh all ewaste is sent to the Cincinnati goodwill from some of the Pittsburgh area goodwills...its only a 4 hour drive
Geneva already has 3 county contracts forcing residents to recycle all electronics..how are they doing this??? giving each county a small cut of the revenues.
3 Unreleased county contracts for ewaste...each ny county gets a small cut of revenue
Arca on the bid this morning great sign
Yes its in the first one in October but it could of changed but the first paragraph stated a share exchange.
I think everyone is forgetting to realize that doesnt mean they diluted but they might have. Remember the cerebra deal was a share exchange as well and I believe the plant is being close to operational. I know they haven't exchanged any shares yet so we will see.
For ewsi to show same share price they only need to show about 1 million in revenue for the Q1 2014...just curious about the Chinese revenue and will Q1 be audited... accounting firm still looks the numbers over either way.
3 new york counties under contract for the supply of ewaste roughly 10 to 12 percent cut from the revenue stream around .06 a pound. ...you think the counties arent going to push this to its residents. ...
Ewaste per pound from multiple sources in the industry is about .55....cutting these counties deals for a little taste to make it mandatory is awesome idea.
The counties get 12% of the revenue...not sure what your statement is suppose to mean.
Ewsi cut a deal with these 3 counties for 12% of the revenue making it mandatory to recycle electronics. Think any government isnt going to enforce when they are getting a nice cut of the revenues.
Alert found 3 NY county contracts with Steuben Broome and now Chenanago county....all ewaste from these counties will end up at the NY plant
Read Cerebra's press release on the ewsi...stating agreement in India and OTHER Geo areas agreed upon...
I know he has taken shares instead of a salary....we'll if sold a couple million big deal still holds a ton of shares regardless....
http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0001488309
That's a lie check this out 126 million COMMON shares
He hasn't sold any of his 126 million common shares and ewsi only needs to produce about 20 million this year to see .10.
Well I know what I own and someone has to be scared out of their minds to sell in the .01s. You think this company market cap is worth under 4 million thats just nuts. A couple real businesses right here in the US that will show a minimum of 10 million revenue for 2014. For this just to stay at the same level ewsi only has to show 1 to 2 million in revenue in Q1 of 2014.
Same thing happened not too long ago hopefully we can get some great news and see an awesome double bounce run
Hopefully that hammer is coming now gltu
Yes there are a ton of sells to the bid under 20k shares actually alot 10k and under um....that couldnt be paint jobs could they?
100% agree I want to see what the restructured contracts are going to look like. Martin has been reworking them but I cant understand why we are inly at a market cap under 4 million. 2trg produced 10 million with outdated equipment. ..
Arca is not a dilution MM it's a ECN.... Anyone can use it
Arca...? Please read.......arca Is not a dilution MM. Look it up it's an ECN. It's not really even a true market maker anyone could use arca if they really wanted to... An ECN is a electronic communication network that means anyone can sign up. Look it's not even on the bid...it's not a market maker.
I know this is what I can't wrap my head around people complaining about the Chinese revenue and sold. You understand that the US operations can produce 15 to 20 million in revenue. Now there are facts that support 2trg made 10 million a year.....use that number. Industry average is 2.75... Heck use 2 as a multiplier...10 million times 2 is 20 million market cap....we aren't even at 6 million. These plants can be verified and the Ewaste being supplied can be verified through goodwill and various counties. We don't know the terms of cerebra yet but cerebra expects close to 100 million of revenue once they get the plants going. Even if EWSI cut is 3%....which is 3 million a year.....still at 6 million market cap.
I think Martin knows and is concerned. ..just find it hard to believe him holding 126 million shares and didnt sell a share if he lied and made up china revenues. At .05 thats a ton of money even .03....he still stating that the Chinese revenue is substantial and is real.
Yes I agree I will say it again...the USA operations alone shows this is undervalued and could carry this stock over .10...if anyone doesn't believe me make a couple phone calls to good will, Broome and Steuben county...black and white contracts
You see how many employees they went down to? Only 25 Cincinnati alone last time I checked. ..250 employees making low average of lets say 40k..no wonder they weren't making anything. 2trg should of been making huge cash but was run terrible. Restructuring happened to maximize profits.
They were still between 5 to 10 million they had some problems with management and weren't in full capacity. When you have so many upper management in huge salaries hard to turn a profit.
2trg technology was the same when it opened up in 2003 and your telling me that ewaste technology didnt evolve since then making it cheaper and more revenue per pound. Check out how much nickel is getting on the open market from old batteries its crazy. They kept some of the equipment but added what they needed.
After the phone calls and research 2trg didnt work because they were way over staffed ewsi employees at these facilities are down over half. They had 3 to 4 managers at each of the facilities...check this out over 250 employees for 3 plants? I am pretty sure ewsi stated they had 25 working at each one....
http://www.inc.com/profile/2trg
Ok the market cap is under 6 million. ..think about it the take over of 2trg in the US generated about 5 to 10 million a year per facility. So just on those facilities we are undervalued bring up Chinese revenue or cerebra it still doesn't matter. The market multiplier is around 2.75 so lets use 10 million TOTAL but this could be according to the 10k and 2trg old revenue statements instead of all eplants lets just use ONE....27.5 million market cap almost 5 times our current market cap.
Well if anyone noticed it has even been brought up on this board tanke has dumped a boat load of shares. I am talking millions and millions from the price range of .05 to .47. Check out how many promotions tnke has done. Think there is a correlation? I do...tanke needed the cash for ewsi