This out today:
More pressure to look at things like methane from land-fills.
Point is I wonder just how much effort Ted's done to cultivate the U.S. landfill market for sales of HYEG's generator sets. I really regret not thinking to ask him how the 2 set order from TN came about. Here's another good PDF - pay particular attention to page 16:
As of 2013, there were 450 sites awaiting development. If HYEG could do something in just 10% of those sites, that would keep the place humming for at least a year but NO, we're in Africa with all the craziness.
Anybody that's read my posts re Africa know that I'm not expecting anything to happen for a year or two even if they signed a deal tomorrow. We will grow much older waiting for something to happen that actually turns out generator sets anywhere in Africa no matter how great the need, IMO.
I wouldn't have posted anything re land-fills except that I have a friend who is well placed in a central Illinois electricity co-op and sits on several local and state association boards and he told me that in the coming years co-ops will have to generate a rising % of their electricity from alternate sources and land-fills is one source that's being looked at because of a variety of government incentives. Just looking at the map on Pg 16 shows a lot of opportunity in the Midwest especially IL What ever the effort has been by Ted, we'll probably never know.
As always time will tell!
How about this graph from another EPA site:
Look what tech is leading the pack.
I'm sitting here musing about various companies in my holdings and a little looking came up with this from Wikipedia:
The EPA has collected and reported data on the generation and disposal of waste in the United States for more than 30 years.
As of 2010, Total MSW generation was 250 million tons. Organic materials continue to be the largest component of MSW. Paper and paperboard account for 29% and yard trimmings and food scraps account for another 27%; plastics 12%; metals 9%, rubber, leather and textiles 8%; wood is approximately 6.4% and glass 5%. Other miscellaneous wastes make up approximately 3.4%.
In 2010, Americans recovered almost 65 million tons of MSW (excluding composting) through recycling.
Disposal of waste to a landfill has decreased from 89 percent of the amount generated in 1980 to about 54 percent of MSW in 2010.
Research has shown that leachate treatment facilities at modern landfills are capable of removing 100 percent of the trace organics and over 85 percent of the heavy metals.
The Puente Hills Landfill is the largest rubbish dump in America. Over 150 m (490 ft) of garbage has risen from the ground since the area became a designated dumping site in 1957.
In 1986, there were 7,683 dumps in the United States. By 2009, there were just 1,908 landfills nationwide: a 75 percent decline in disposal facilities in less than 25 years. However, this number is deceptive. Much of the decrease is due to consolidation of multiple landfills into a single, more efficient facility. Also technology has allowed for each acre of landfill to take 30% more waste. So during this time, the available landfill per person has increased by almost 30%.
Recall that I wrote about my visit and one thing I saw was 2 generation sets ready to be shipped to a TN landfill. I wonder if Ted has ever sent out a general letter to all landfill owners talking about the potential of HYEG's generator sets.
You forgot the "silent" investors who have repeatedly financed the company thru the "private" company sales of stock. The 100 or so stockholders like us little people don't hold a considerable part of EVTN, IMO. If there's ever another of those stock sales to a few unnamed investors, it should be interesting to see how much enthusiasm there is for the stock and at today's PPS, there will be some terrible dilution. Still hoping for a JV or buyout.
You're certainly entitled to your opinion.
I certainly agree with you that lack of a sales stream and any profits have turned the PPS into a POS.
I half agree with you in that he probably knows all there is to know about the current dealings within EVTN - which isn't much as evidenced by the lack of sales during the last few years. What's more important is what HE knows and can bring to the table to hopefully open some doors to jumpstart sales. Obviously, the current setup has not done the trick.
Can't wait to read the prospectus.
This isn't what I hoped for, namely, a buyout by a company that can take this mountain to the next level. Looks like there just weren't any takers so they're going it alone. Hope they JV the construction and operation with a capable firm in the business as building and operating even a small operation such as they are proposing introduces a ton of variables to a successful operation.
This site looks to be maybe 50 miles from Algona. Bet they didn't use HYEG's engines to generate the electricity but I wish they had.
If I ever got through to him, he never responded BUT I'd rather have him respond to all of us with another positive PR that the new JV is thriving with orders to light up every mud-hut village in deepest darkest Africa.
You must have known something as the Shell acquisition was announced last week. I'd say the increased Pinedale acreage is a positive for CORR's gathering system with UPL
Looks like it might be tomorrow. If so, I hope we get the conversion terms as I'm holding the Preferred P shares and want to know what I'll get if I hold on to them.
Interesting/frustrating - I tried to use HEC's WEB site "Contact us" button to send the Tribune article to Ted but you need a password to use it so that didn't work. Then I tried to use the Info address in the latest PR re the TINN acquisition and got an "invalid address" but I resent it using the exact upper and lower case letters and maybe that did get through.
Does anyone have Ted's Email address? I have it somewhere but it's buried and I don't really want to search for it.
Getting assistance from the Ex-Im would certainly help get and keep the latest JV going, IMO. Can't believe that either side has the capital to make this African venture go for any extended period of time.
"Consulting and payroll expenses increased by approximately 5% or $11,876 to $271,207 for the six months ended June 30, 2014 from $259,331 for the six months ended June 30, 2013. The increase was primarily due to new sales and marketing personnel during the six months ended June 30, "
I don't think they made a positive difference as sales were down 50% for the quarter.