Emerging Company Report; Converting Garbage to Revenue; the business of Auditing Credit Unions
Hollywood, CA-Emerging Company Report, the internationally syndicated television program which profiles emerging-growth companies (http://www.emergingcompany.com), features interviews this week with the people behind Thermo Tech Technologies, Inc. (Nasdaq: TTRIF) and Financial Standards Group, Inc. (OTC-BB: FSGI).
Thermo Tech Technologies, Inc. takes biodegradable waste and converts it to marketable products like animal feed supplements and soil fertilizers. “Our bioconversion process takes only 20-30 hours to complete” said Director of Engineering Ross Lewis.
“Every ounce of waste which we convert to a valuable and marketable product is one less ounce of waste ending up in a landfill.” The company expects to reach a 2,000 ton per day production level by the end of 1998. The company also proudly announced their capital needs for further expansion and development are no longer equity based, but are now handled through non-recourse debt financing.
Jason Lentz, President and CEO of Financial Standards Group, Inc., described his company as the leading provider of audit services for the burgeoning credit union industry. “There are 11,500 credit unions in the United States and fully half of all adult Americans belong to one”, he said. “ We offer audit services to these credit unions as they are required by the credit unions' supervisory agencies. Our client credit unions include household-name sponsors like Kellogg (NYSE: K), Blue Shield,
and Coca-Cola (NYSE: KO).” The company currently serves the audit needs of more than 450 credit unions.
Other companies discussed on Emerging Company Report this week include ;
Telefficiency Corporation (OTC-BB: TTFC) in the high-technology telecommunications business and according to President Mark Brunett,“ our product is good, old-fashioned customer service. The giants, namely AT&T (NYSE: T) and MCI (Nasdaq: WCOM) are concerned with controlling the lines in and out of homes and businesses. We provide everything to small and medium sized businesses except the dial tone.”
Sims Communications, Inc. (Nasdaq: SIMS) announced a strategic alliance had been entered into with Bergen Brunswig (NYSE: BBC), “ a $14 billion company”, said CEO Mark. Bennet. Sims' transaction automation ATM terminals are in 600 fast-food outlets and a McDonald's (NYSE: MCD) test showed consumers spent up to 53% more in the restaurant when a Sims' terminal was available.
Jaws Technologies, Inc. (OTC-BB: JAWZ) has developed and is marketing what the company describes as the world's strongest data encryption software. “We recently held a contest to crack a Jaws code with a $5 million reward”, said CEO Robert Kubbernus. “. Every amateur and professional hacker came at us for 60 days and no one was successful.”
Planet City Software, Inc. (OTC-BB: PINC) says it has the $49.95 solution to the Year 2000 problem or Y2K. The company announced on the television program, a contract with America Online (NYSE: AOL), wherein AOL's millions of users will be able to test their PC for compliance online while browsing AOL.
Viewers of Emerging Company Report can receive free information in the mail about the featured companies by calling a toll-free phone number on the TV screen. The television program, which has been on the air for 102 weeks, is seen Friday evenings at 11:00 ET, 8:00 PT , Sunday mornings at 8:30 ET, 5:30 PT (Canada), and at 11:30 ET, 8:30 PT ( USA ) and Monday through Wednesday mornings at 10:00 ET, 7:00 PT. The program is syndicated internationally on more than 140 cable TV systems in the USA and also in Canada. The program is also available to view “ On-Demand” at their web site, emergingcompany.com |
