I know this is old news but you may not have seen it here .... MBS is alive and well and earning money.
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These are the Company's latest news releases:
Monday October 4, 1999 VSE: EWK
Earthworks Industries has been informed by Solucorp Industries Ltd. that the metals soils, which were processed using its molecular bonding system (MBS) at a former steel manufacturing facility in Vancouver, B.C., have met the criteria of the British Columbia Ministry of the Environment, Lands and Parks for delisting. The background to the matter was described in Stockwatch Dec. 14, 1998.
It is expected that this landmark approval opens the door for other remediation companies to substantially reduce disposal costs by treating material with the MBS process and receiving a non-hazardous waste designation.
In anticipation of the above-mentioned approval, the company negotiated an agreement with a B.C. company for it to accept treated materials as opposed to shipping them out of province. The company runs a special waste treatment facility in Southern B.C., and has recently been permitted to accept the delisted materials at its facility. This is the last piece in a puzzle, which will now allow B.C. companies, which have metals contamination problems to solve them with a made-in-B.C. solution.
In addition to the $1 per ton royalty Earthworks receives on all Canadian materials treated with the MBS process, it will receive an additional $1 per ton from Solucorp for negotiating the above described disposal agreement, bringing the potential value, to Earthworks, of the contract on the former steel manufacturing site to approximately $100,000.
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It is time to identify the crime and not hide it in lime.
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