InvestorsHub Logo
Followers 28
Posts 1852
Boards Moderated 0
Alias Born 03/22/2009

Re: x1power post# 71

Wednesday, 02/27/2013 3:05:47 PM

Wednesday, February 27, 2013 3:05:47 PM

Post# of 137
x1, The Smart sponge can be burned for it's btu value after it is at the end of it's filtration capacity. This is addressed on the website. With WM as a partner, I'm sure a high efficiency facility can be employed. Also, I think the company is fine on money for a while longer as they completed a financing in the fall. The delayed contracts have been dragging down pps, but the potential is still huge. They have not been making anymore forecasts, but the huge miss on the last estimation of revenues is still in everyones mind since no major contracts shown up yet. Other companies that I own in the field of recycling and reuse are Vertex (VTNR), which recycles waste oil and anti freeze and Plastic to Oil, (JBII),which converts waste plastic into diesel fuel.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.