Thursday, November 17, 2011 1:46:37 PM
SATM is in "negotiations with a proven provider for creation of energy from waste rail ties in order to target the full revenue of $15,000,000 annually" That means they have picked someone and why them?
"The targeted technology has been proven at over 100 commercial sites worldwide." and "The targeted technology has also been consistently proven adept for use with waste rail ties" and why is that important?
Because SATM has secured a....FREE...source of railroad ties for the next 3 years. And what do they plan to do with these ties? "use the small chips of creosote soaked rail ties for energy creation makes for a predictable energy output for the chosen technology.
But how will they be broken down? "The breakdown of the rail ties is already accomplished on site from the normal processing at the location by GESI's partner company, On Track Railway Servicing." so then what? These peices are turned into biofuel which I believe is some sort of liquid and solid or pelletized fuel. But what are they going to do with that? "GESI is also targeting a 20 megawatt size electrical production plant" Thats 20 Million Watts....hmmm how much could this all be worth "up to $15M Annual Revenue"
So the bottom line once again...government grant...free raw materials...proven technology... This all adds up to one heck of a profitable company.
This is ground floor fellas. Meet you at the top.
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