So the current discussion over the possibility that IWS owns Evolutech is true? After a review of the original post I found johnnyfiber's post and calculations, which in retrospect seem to be correct. In the prior post, others are now being raised as a possibility as well?
Since you asked, here's another email from Evolu-Tech :
Hi Ian,
Your guessed right, the joint venture is more complex than just distribution relationship. First Claude Smith is a man with a wide angle vision. After only two visits of installations in Canada he saw the hi potential of the catalytic water treatment market in the US. The feeling of the market at this time suggest sales above $10,000,000 for the first year. Once this target is achieved, IWS intends to manufacture in the US and buying out Evolu-Tech Ltd with all its registered patents. This is the basic accord between IWS and Evolu-Tech Ltd.
Hope this will dissipate all confusions, and please forward all future questions to IWS management at www.rcciws.com."
At $51,000 cost per high rise building...there will need to be 196 installations over a 1 year period to achieve $10 million in sales. Working 7 days a week for 365 days the company will need to average an installation every 1.86 days.
Claude Hebert, president of Evolu-Tech Ltd. in Montreal was among the Canadian company representatives who traveled to Atlanta last week for the trade mission, which was managed by Greener Atlanta, an environmental consulting firm.
Mr. Hebert’s company has patented a process that uses magnets instead of chemicals to remove the limescale mineral deposits that form in the water pipes in commercial buildings.
“Scale is a big problem,” Mr. Hebert told GlobalAtlanta. “We’re talking energy loss, we’re talking pipes plugging up, breakdown of pumps.”
A high-rise building in Montreal was spending $35,000 a year in chemicals to clean its pipes, said Mr. Herbert. With his company’s system, chemical costs were eliminated, replaced by $1,500 per year for filters. The system cost about $51,000 to install.
“The payback is in about 18 months,” said Mr. Hebert.
Not compensated in any manner for research and/or posts. Information should be construed as information only for discussion purposes. Always conduct your own dd. Just my opinion
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