Deep Green Waste and Recycling Inc (DGWR)

[grantastic]

This was an existing company bought by the shell. ~95% of the ownership of the shell was given to the previous owners. It came with:

- Pre-existing inventory
- Pre-existing customers
- Pre-existing contracts
- Pre-existing managers

So they've been under a public share structure for "only a year" ... so what?

I don't think they need to "invent a new way of recycling," it's possible for a well run-company to make a profit with the current ways. It does require decent management.

If someone thinks this company has good management and/or innovative processes that will cause it to profit. Great! buying now seems smart.

Personally I don't see the allure in buying into a money losing company unless there's an obvious plan for turnaround.

Well, their really only a year in with the "new company"... Bought up two other companies and has partnered up with two other ones... Not sure if it's a pipe dream that someone can invent a new way of recycling while we have multi billion dallor companies that could step all over it.... They sounded like brokers to me untill they bought C.A.R.E and that other company... Partnered with Chutes international and that other company that recycles thru mail...