At 10 cents Veridium has a market cap of about 19 million.
Estimated revenues for this year are between 25 and 50 million. For next year I won't even hazard a guess,, check out their new web page at veridium.com the site now is totally updated and has descriptions of both their planned and proven technologies.
Don't forget their business plan of installing a turn key system for either the right to buy the output at a reduced price, or to be paid for reduction of the waste stream size. There are currently 65 corn to ethanol plants of which Veridium has sold 4. They have announced intentions to saturate this market with their COIS(TM) corn oil extraction system(tm). Each system sold will generate approximately $1.5 million per year.
There is a far larger meat packing industry of which 1 has been sold. These sales will generate incomes of about %2.2 million per year.
Prospective sales of their other two systems looks very promising, CO2 sequestering which can create new feedstock out of waste gases for ethanol refineries, or can produce carbon credits for fossil fuel fired electric generating plants. This technology is scalable from cleaning CO2 from vehicle emissions to the larges power plants.
Finally they have a process Tornado Generator™
Accelerates compressed air to supersonic speeds to instantly grind, flash desiccate and atomize solid and liquid wastes and other materials into micron sized powders. This technology will be especially of interest to biomass ethanol plants.
The website further explains the basics on several more technologies under development.
Ovation Purifier
Our fire-hydrant sized device can generate 25 gallons of pure water per hour from a variety of dirty water input sources at a cost of approximately $0.004 per gallon, or about 1.2% of the cost of traditional distillation methods.
Ultrasonic Reformation
We use high intensity ultrasonic energies to synthesize clean burning fuels including hydrogen out of organic industrial wastes, plastics, cellulosic biomass, and septic wastes, as well as other organic feedstocks.
Ultrasonic Reformation
We use high intensity ultrasonic energies to synthesize clean burning fuels including hydrogen out of organic industrial wastes, plastics, cellulosic biomass, and septic wastes, as well as other organic feedstocks.
Carbon Nanostructure Aerogel
The exceptional conductivity, very high porosity, and extremely high surface areas enable carbon aerogels to have broad potential in a number of clean technologies, including construction products, emissions control, hydrogen purification and storage, and solar power applications.
Argonne Plastics Separation
Developed by Argonne National Laboratory under a contract with the U.S. Department of Energy, this technology cost-effectively and preferentially separates targeted plastics from a mixed plastics stream to enhance the value of recycled plastics.
» Coming Soon
Selective Separation of Metals
An advanced form of chemical precipitation based on the ability of several compounds to form strong complexes with a wide variety of metal ions in liquid wastes. The technology preferentially targets di- and trivalent metal ions to form stable complexes across a relatively broad pH range. Complexed metals are extracted in concentrations in excess of virgin ore and are readily amenable to smelting and refining.
I am expecting news of sales of any of these systems at any time.
As always these are just my opinions. do your own DD.
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