Global Ecology Corporation (GLEC)

[Carbonator]

The 'fully operational' thing is a guess. If they find some appraiser that understands the technology, then we might not wait that long. However, I don't think the 'wait' would be longer than late January or early February.

Also, I did the math as I understand it and even if we don't get the perfect appraisal, it's still a substantial deal. Let's say they only give us credit for 2000 tons per month, which is 6,000 VCU's. Then take that number times 12 and you have 72,000 VCU's produced annually. Ideally they give us a 5 year contract, but let's say they only give us 2 years and we only net $10 per VCU, that equal $1.44M over a two year period. Then, over the same 2 year period we produce 48,000 tons of compost that we sell on the cheap for let's say $30 per ton, that's an additional $1.44M, for a total of nearly $3M in revenue. Now you have a business that's easily scalable with cash flow and investors to grow it.