Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Solucorp Industries (SLUP - OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Garrison who wrote (164)	5/9/1998 4:56:00 PM
From: hawkeye	Read Replies (1) \| Respond to of 3679

LOOK LARRY, I AM AS NERVOUS AS ANYONE ABOUT THIS! The news of the BC approval of the MBS process was carried on Market News, a Canadian news wire as well as domestic news wires. In addition, as a follow up to the BC approval of the MBS SLUP participated in an international exposition in Canada to promote its products. They actually did participate. I checked the listing of participating companies.. If SLUP had been untruthful about the BC approval don't you think we would have heard about it long ago Don't you think the the BC environmental agency would have issued a statement or forced slup to do the same?

To: Larry Garrison who wrote (164)	5/10/1998 10:46:00 AM
From: Arcane Lore	Respond to of 3679

As luck would have it, your link to the BC Environment and Parks Division didn't work for me. As a result I decided to try to find the search page by starting at the overall BC Government home page, which turns out to be gov.bc.ca. Since this page has a search feature for the entire provincial government web, I decided to give that a try. I did find a reference to Solucorp. It was associated with the Employment and Investment Ministry web pages rather than the Environment, Lands and Park's web pages. It related not to Solucorp as a vendor, rather to Solucorp as a customer of a vendor. It also seems possible that it may relate to MBS. The reference to Solucorp is found on a page discussing BC Resarch, Inc. (BCRI). The relevant text is: "BCRI developed a proven method for remediation of soils and solid wastes contaminated with heavy metals for Solucorp Industries Ltd. This method stabilizes the heavy metals as insoluble metal sulfides. The process can be applied to soils, sediments, sludges, ashes and baghouse dust and stabilizes chromium, cadmium, copper, lead, mercury, nickel, silver and zinc. The process converts waste in their least soluble form which encapsulates the contaminant in a monolithic solid of high structural integrity." ei.gov.bc.ca ===== A description of MBS from the recent 10-K is: "The Company is principally engaged in the development, sales and marketing of its MBS process, which is an innovative and cost effective hazardous heavy metal remediation process. It was designed to protect clients from the threat of future liability claims, and offer a permanent solution to stabilizing heavy metals. The MBS process stabilizes heavy metals in soils, sludges, ashes and bag house dust by chemically rendering leachable metal ions inert by bonding them to non-leachable molecules. The MBS process utilizes a powder added to excavated soil or sludge in a pug mill operation. It also can be applied in-situ (directly to contaminated soil) which eliminates the costly excavation and processing associated with soil removal from the ground prior to treatment. These processes stabilizes all toxic characteristic metals identified in the United States Resource Conservation Recovery Act ("RCRA"), and can treat multiple metals concurrently. The MBS process has proven, through long term stability testing (Multiple Extraction Procedure), to not leach for more than 1,000 years and has been proven under all recognized regulatory protocols (TCLP, SPLP, SWEP, and CAL WET) to not only meet, but to exceed minimum standards. The MBS process maintains the pH levels in the media within a range where the insolubility of the heavy-metal sulfides is assured. The process also provides buffer capacity to ensure that the pH is not significantly altered by the addition of acids or caustics to the media. In the MBS process, waste is crushed and screened, reducing particles to a one-inch diameter for maximum contact with a proprietary reagent mixture. The powdered reagent, created for site-specific conditions, is mixed with waste in a closed hopper pug mill. After water is added to the mixture to catalyze the reaction and aid in mixing, the treated substance goes to a stockpile. Vapors from the mill go through a regenerable wet scrubber and a carbon absorption system. The dried soil is then tested to ensure compliance with regulatory limits. Clean soil is returned to the site or transported to a non-hazardous landfill for disposal." sec.gov ===== Are the BCRI and MBS processes the same? One can't really tell from the information provided. However, it does provide a measure of confirmation that Solucorp funds research and development in heavy metal remediation. Of course, the BCRI information provided on the BC government web pages says nothing about the commercial viability of the process (or processes) or, more importantly, the status of the various Solucorp contracts utilizing MBS. BCRI's home page is bcr.bc.ca. The inclusion of a BCRI reference on the BC Employment/Investment web arises from the fact that BCRI is a member of the BC - DOE Hanford Alliance (Pacific Northwest Environmental & Technology Marketing Alliance). This strategic alliance was designed to assist in marketing environmental and engineering technologies as described on: ei.gov.bc.ca. A list of the companies involved can be found on: ei.gov.bc.ca Solucorp is not listed. Also, see: ei.gov.bc.ca.