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Microcap & Penny Stocks : Low Float Longs

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To: Dayuhan who wrote (323)6/26/1998 9:51:00 PM
From: Dayuhan   of 711
 
Additional information on NVIC. Haven't bought this yet, but I'm interested. Anyone else interested, please PM me, and we can take it off this thread (no SI thread yet, will start if there's enough interest). To avoid accusations of hyping, this will be posted only here (unless we start a thread for it), though I may link to it from threads I frequent.

It's definitely not as cool as the new internet stocks, but if somebody had a patented process for turning shit into money, would you be interested?

Municipal sewage plants treat water by removing huge amounts of solid sludges. Most of these are dumped into landfills. Meat producers generate huge amounts of manure, which has to be disposed of.

N-Viro (NVIC) has introduced a patented process which uses sewage sludge or animal wastes, along with mineral waste from common industrial processes (kiln dust and fly ash from cement manufacture), and produces a stable, odor-free, soil-like substance that meets the highest grade EPA standards for pathogen and heavy metal contamination. Only substances which meet these criteria are approved for direct application to soil.

This product, N-Viro soil, is sold as a low-analysis fertilizer rich in Nitrogen, Phosphorus, Potash, and organic materials. It is used for direct application to farmland (through conventional lime spreaders), reclamation of mines, landfills, and waste sites, as a soil blend ingredient, etc. 34 facilities are now operating in two NJ counties, the cities of Toledo, Minneapolis, and Syracuse, and elsewhere in the US and Australia.

Still cracking numbers, looking for a downside, but there's a lot about this scenario that I like. The raw materials are easily accessible (to say the least) and cheap. The process is patented. The potential for expansion is enormous. Technical support documents available on site at:

nviro.com

are voluminous and impressive. The product meets a very real need - degradation of agricultural soils and overapplication of non-organic fertilizers are and will remain worldwide concerns. This is not a theory - it's being done successfully, right now, and turning a profit. Earnings remain small, but margins are reasonable, and the adoption curve could easily take off, bringing earnings with it. The float is low, and the company is reporting.

Now if only they could devise a unit that would convert bullshit into N-Viro soil, we could put one in DC (and on a few SI threads) and solve the world soil fertility crisis once and for all.

Obviously not for everyone, will appeal to some. PM me if you want to discuss it.

Steve
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