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Re: None

Saturday, 12/05/2009 12:52:04 PM

Saturday, December 05, 2009 12:52:04 PM

Post# of 68397
RE; Envorocare Corp.....From another company trying to get in the same business as Greencrete...........As indicated in recent national press releases, an asphalt shortage is delaying road maintenance projects in communities nationwide. Asphalt is becoming scarce as U.S. refiners overhaul their equipment to maximize output of highly profitable fuels such as diesel and gasoline. The asphalt shortage has led to a threefold increase in prices, according to the Associated Press. The report noted that Utah alone had delayed about 50 transportation projects, leading to considerable added costs.




The U.S. government plans to spend several hundreds of billions of dollars on infrastructure projects to create jobs and boost the ailing economy. But road and bridge repairs will require a lot of asphalt. The Company believes this new technology should qualify it for significant assistance under the Energy Policy Act of 2005, which authorizes the U.S. Department of Energy to issue loan guarantees to eligible projects that avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases and employ new or significantly improved technologies as compared to technologies in service in the United States at the time the guarantee is issued. The Company plans to apply for assistance under this program once the acquisition is completed.


Greed and patience don't work well together.

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