EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

DS

Didn't remember seeing the article you mentioned. I don't read the NY Times every weekend.

The site came up at dinner on Friday night where we were discussing the City's environmental bent as it applies to new real estate development. The Mayor is trying to force new developments and new businesses to be more green.

The Varrick site is up and processing. There are NYC trucks going in. As to an agreement, I will try to get it from the City. The agreement is not material to WM so they likely never filed it (the benefit of having a large market cap). I will be back in NYC the end of next week and get it then. WM wouldn't have put the infrastructure into Varrick (which handles City waste)) without some agreement. So I think my assumption has some validity.

I am quite aware there are two types of digesters and that ECOS was not in the US when the WM Varrick site put in its anaerobic digestor system. However there were plenty of aerobic systems in place in Korea back then and you would think a company like WM which prides itself on environmental stewardship would have known about the existence of aerobic systems.