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You look...they didn't open the new facility until March 2014 I am pretty decent in math and can tell the difference between year 2013 and 2014. I am sure being so involved on the EWSI board you should of heard about the grand opening in March
You know what suspended means then.....it says exactly what I said. Sadler told them to consolidate the interests of Chinese revenue into a VIE. Notice it says at this time....it doesn't say anywhere about not filing an amended 10k. Read this again accounting treatment.....Sadler dropped the ball. This will be fixed and is currently being audited correctly for the amended 10k....notice the release yesterday said No. 1....there is a number 2 coming
Usually scam companies don't open up multimillion dollar facilities in the United States. They usually don't audit financials and grow. You claimed the Cincinnati plant was fake but they had an open house...why should anyone believe you now??
Where does it say this? It doesn't please copy and paste were it says they will not be trying to include revenues from china. If you read the 8k released before the 10k it clearly states what the intentions are with the revenue. They haven't gone through auditors and Sadler screwed up...they told EWSI to consolidate the revenue into a VIE. Sadler did agree with the revenue but dropped the ball. Read the letter that Sadler submitting they agreed they screwed up.
Could you please use the information in the 10k please and not numbers out of the air...ewsi is having an amended return. Numbers posted were expenses with no revenue.
That's great news. I been trying to find a rough date for awhile now. Good find...anyone hear anything from Italy yet? It's coming soon from what the newspapers over there are printing.
I think what his reasoning is...um...they would of never put out a wrong 10k if they knew it was going to amended 10k. ..because they would of had to file paperwork stating it will be amended in such a form 8k....With accounting standards stating what they were going to do and have Sadler state a letter saying they shouldn't of consolidated the Chinese revenue into a VIE...did they?
Ewaste generates .50 a pound
Members from the Ohio Valley Goodwill team also showed up to give their support and participate in the festivities, thereby solidifying their burgeoning relationship with EWSI. Ohio Valley Goodwill helps to recycle more than 42,000,000 pounds of donated materials each year. For the past two years, Goodwill has been accepting computers and related electronic equipment for recycling purposes through its network of 29 Greater Cincinnati donation centers, and recently agreed to work with eWaste Systems to process it.
I guess your ignoring the 8k that was released with the standards that correlate to deconsolidate the numbers so the accountants can go through the numbers
5 plants running by 2015 each plant will generate 9 million a shift that's a minimum of 45 million
http://news.medill.northwestern.edu/chicago/news.aspx?id=183350
Actually the amended 8k says the direct opposite what you posted....When did call the company? Yesterday. ..you would of posted that immediately. The company is working it out now as they actually told people who really called.
Heck if you can get any funds back out of this after Ronnie takes all shares and dumps them into the open market then declares bankruptcy. ...lololol
I guess the next news is bankruptcy sorry buys...why do you no news lately
Holy crap look at the volume on this scam...nobody wants in this is getting halted...If you guys are lucky greys are coming
Um....ok. so every 8k out there in the whole sec isn't governed by the same standards....wow. how long you been trading stocks? I would pick up a series 7 book and you might learn something.
Ronnie is scamming you big time...good luck
Actually 100% false read the 8k it's all in there even the standards explaining the accounting procedures. Sadler dropped the ball they even said in the letter we agree with ewsi that we shouldn't of used it as a VIE....
Haha I know...read the standards. It says we need to deconsolidate and have auditors go through the numbers. Black and white...that means they have to show every transaction rather than just numbers net loss net gain...stuff like that.
Lol look at the letter attached to the 8k
Actually did you look up any of the standards. ...let me guess no. It basically says we are doing away with the VIE and de-consolidate the revenues so our auditor may have the time to look it over correctly. ...look at the 8k please.
Again please explain how toxic hazardous material an assets? I believe toxic waste is not an asset. Sorry to laugh but you play devils advocate about everything. ..happy easter though.
Heck no.....even that how is hazardous waste an assets...Please explain that....read contract it says all liabilities stated I don't believe the glass is even mentioned.....I mean I like your effort but I will take state law or the epa over your opinion.
Haha OK copy half the article why don't you copy the whole article then make that comment you know where it clearly says 2trg....old owners haha
I believe the epa already said in the article that is 2trg and owner of the facility responsibility to take care of the glass...it says assets I am not sure if toxic glass is an asset...haha...come on its black and white right there.....hazardous waste? Really it would just take the epa to say no way it's an asset....how the heck can a judge look at hazardous waste as an asset?
Yes...you know what would be better if ewsi was rewarded the contract as well....half a million to a million on one contract sounds good to me
Yes no problem you forgot to leave out those shares purchased as an expensive was actually part of the leasing agreements that's why it wasn't counted YET. ...Also they were basically given these shares at .08....wait wasn't the share price go up to .77 wow could you imagine having a couple million shares at .77 cents. ...good point
Nope recheck it please or at least copy and paste to make it more verifiable. ...they actually made a profit a lot more than what you posted. Thanks though
Actually no its closer to 1 million rather than half million. ..and if you look up the accounting standards it shows the account has to go through the deconsolidated financial statements from China then a amended 10k...so we will know then.
WAIT this says state law....haha
Glass update....sticky this haha
After closing the doors to its 11093 Kenwood Road facility in Cincinnati last year, 2TRG, a former R2- and e-Stewards-certified processor, abandoned "tons upon tons of [CRT] glass" in Gaylord boxes, Global Environmental Services (GES) president Kenny Gravitt told E-Scrap News. Apparently unable to pay for downstream processing, 2TRG left at least 1,500 tons of the glass at the facility, Gravitt said.
Another processor who also toured the facility estimated there were upwards of 3,000 tons of intact and crushed CRT glass on-site.
While declining to confirm either estimate, the Ohio EPA did verify the existence of the glass at the former 2TRG facility. "Ohio EPA staff has visited the site," Dina Pierce, the state agency's media coordinator, told E-Scrap News. "Staff saw a large number of Gaylord boxes onsite containing various computer parts (not just CRT glass)."
State rules, according to Pierce and the Ohio EPA, hold both "the owner and operator responsible for appropriate management of CRT glass." With 2TRG no longer in business, the "property owner's representative told our inspectors he intends to take bids for a contract to remove the stockpiled computer materials, including the CRT glass," Pierce said.
Three processors, including GES, told E-Scrap News they had each entered a bid to take over the glass. One processor estimated a cleanup cost of roughly $600,000, while another suggested costs could easily exceed $1 million.
Attempts to contact the property owner and property manager were unsuccessful. Repeated attempts to reach former 2TRG executives, including CFO and founder Carol Weinstein, were unsuccessful.
Pierce told E-Scrap News the Ohio EPA "will monitor and follow up as needed to make sure any hazardous wastes at the site are properly managed and removed."
A number of 2TRG's assets were acquired in December of 2013 by the publicly traded firm E-Waste Systems (EWSI). An EWSI executive told E-Scrap News the acquisition excluded "anything that would have been a liability" and sources indicated 2TRG's CRT glass did not change hands in the deal.
I think the China situation will work out and ewsi will probably just keep re investing back into the leases according to the 10k. I am more concerned about Europe and the US right now. Each eplant will generate around 9 to 18 million each year depending on shifts. So we can drive to physical real ones if need to verify. ..Each plant is going to be supplied with goodwill and county contracts. Let's go with 18 million out of the 2 plants so about 35 million market cap with an OS of 350 million...that's .10 a share...These are REAL operations...2trg revenue was only 10 million on both plants with 10 times the employees and some outdated technology.
Yes sell and get out...The plants in Cincinnati and Geneva are smoke and mirrors. ..at this point I would hold until end of may...at least wait to see how much revenue the plants are bringing in.
I guess you didn't read through the while 10k or tnke yearly financial report...it's OK I just thought you would have that down pat since you look into everything that ewsi does. ...weird though you don't even want to trade ewsi gltu
Nice just need to find out how many shifts 1 or 2....9 million a shift
Scam stock they are usually a pump n dump without audited fins and real operations in the US....I don't understand how it's a scam if insiders aren't selling and have operations
OK exactly would losses come out when your first starting your business or when it starts rolling...it seems they have 2 plants running after all that loss/dilution. ..so should start seeing more revenue in the next quarterly report. ...
I am sorry but where are the losses coming from if it isn't going towards growth? Doesn't make sense if you have losses then money has to be going into something. ..since Martin is taking stock as salary where is the money going? Maybe new operations or expansion? You can't have one without the other...