Sunday, April 28, 2019 9:21:14 AM
https://www.zerohedge.com/news/2019-03-17/recycle-crisis-sweeps-across-america-after-china-halts-plastic-waste-imports
Wouldn't be surprised if there was government intervention. GETH has a patented process to convert plastic/tires into oil. Profitability of this company may depend on the price of oil. We won't know how cost effective this process may be yet.
We do know however that there is a crisis. Our new board members are not only financiers, real estate directors, they are also affiliated with numerous governments:
"Mr. Erten has advised numerous governments in structuring investment treaties and coming up with unique bilateral fund designs with tailor made financial architecture. Previously and currently, Mr. Erten has served in various roles in financial and business groups in multiple countries in the capacity of CEO, Board of Director and Executive Board Member as well as advisory roles."
Mr. Gantar is the Managing Director at US WTE Investments and is responsible for business and corporate development in Africa specializing in Foreign Direct Investment. Mr. Gantar develops and manages relationships with Africa sovereigns, banks and local corporations active in Africa. Mr. Gantar is also the President and founder of Arcsoft Consulting, which is an IT services organization that focuses on business intelligence and training for Government agencies.
If Government steps in to subsidize to help deal with this global crisis, profitability or not, this could be the answer to a global problem.
These new members fit the bill perfectly. Finance, Government connections, global presence, etc.
Trolls will troll, but there is a positive to everything. The trolling has the stock on the Breakout boards again. Troll on!
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