Replies to post #1393 on USA Recycling Industries, Inc. (USRI)

[RonnieD]

Voyager currently splits their business into two operating wholly-owned subsidiaries, Monarch and Sovereign. Hang in for the 10-K and put your reading glasses on. Whoops sorry I think Gene Simmons wears contact lenses instead.
I'm glad to see the renewed bullish activity and I was waiting for that to hop back on, but the fundamentals are what keeps Voyager on my A list. It's an inexpensive, SEC compliant, young, growing company that has successfully executed their objectives in a niche sector.
It's been almost 2 years since they implemented this plan, and obviously the framework for profitability is now in place.

[Happycoins]

Gene I expect to trade in .005 increments soon.

The US consumes over 50% of the total global supply petroleum based lubricants which is estimated at over $19 billion.
Voyager's strategy is to acquire companies with established regional distribution channels and experienced management that would recognize increased revenue and/or significant cost savings from an injection of working capital, wider distribution


The top half of the re-refined oil market is controlled by larger players including by Safety Clean and Evergreen but it is estimated that more than 200 blending and distribution companies participate in the US regional markets.
The largest end users are industrial manufacturers and automotive users. Product outlets include bulk wholesalers, retailers, discount chains, non-auto retailers and manufacturers so it only makes sense that voyager is located in Detroit