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10/26/10 10:47 AM

#18856 RE: roger wilco #18855

EEGC News in Flare Gas Business too HUGE>"Grand Monarch has finalized all negotiations for its re-acquisition by Empire. Through said acquisition, Grand Monarch commits its existing credit card and Sanitec Industries medical waste contracts and further acknowledges the transfer of rights for North, South and Central America for the patented flare gas technology it has recently acquired through negotiations. A business appraisal for the potential economic value of this flare gas technology for the aforementioned regions has been calculated by AECOM, a Fortune 500 company, at approximately $2.7B in annualized revenues upon realization of the technology's roll out with numerous joint venture partners currently under consideration."