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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...
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To: Bugsy who wrote (170)2/17/1998 8:23:00 PM
From: JOHN SAMSEL  Read Replies (1) of 747
 
Bugsy,

I agree with your assessment of its worth. I finally went back this Saturday and read all the IECS threads to get a better idea of the their process. If I understand it correctly, IECS has a process that converts food waste into a high protein product that can be feed directly to pigs on site.

The bioconverted food waste does not have to be evaporated but is fed in the liquid form to these piglets. They love to whet their whistles and whiskers on this wet waste. Since the bioconverted waste does not have to be evaporated it is cheaper to produce and the plants are less expensive. These plants can pop up at the major hog and cattle farms and take control of the agri side of the business.

No need to dry the product and haul it away for sale, just feed it to your stock. This is what I have put together from bits and pieces. I would like to see more of their business plan and process to confirm my supposition.

When I looked at the picture of their plant in the investors package, I wondered why it was so huge. Now I understand that they have a complete facility with training classrooms, dorms, administrative offices, the bioconversion tanks, a delivery system, and the piglets. This company has set up a model facility at Amherstburg to spread the word of bioconversion of food waste and is demonstrating how to do it. It reminds me of the Rodale Organic Gardening idea. THIS CAN BE REALLY BIG.

regards

John
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