To: PitBull who wrote (35 ) 7/2/1998 2:12:00 AM From: Dayuhan Read Replies (1) | Respond to of 120
I've been looking at NVIC for a few days now, and I like it. The company uses patented technologies that combine municipal sewage sludge, animal waste, or lawn waste with waste ash from power plants and factories to produce a safe, fully approved agricultural soil supplement. Addresses 3 critical environmental issues simultaneously. Company is fully reporting and profitable. Here are some useful DD links: Hoovers Capsule: pathfinder.com Yahoo Profile:biz.yahoo.com Quote & Chart:quote.yahoo.com Excellent summary, credible source:ag.ohio-state.edu SEC Filings:edgar-online.com Credentials of one of the people involved on the tech side:www-esgp.ag.ohio-state.edu Press releases from a technical publication:envirobiz.com news.wateronline.com Less good news - are initial costs too high?:news.wateronline.com Technical evaluation of NVIC process for fast conversion of "municipal greenwaste" - fallen leaves and grass clippings - into an agricultural soil supplement:bionet.net Company Site (excellent):nviro.com Response to an e-mail I sent to Terry Logan: Dear Mr. Rogers: Thank you for your interest in NVIC. As you may or may not be aware, I am a Professor at Ohio State University and I have worked in the area of organic waste management for 25 years. I am also a director of NVIC and for the last 10 years I have supervized the Company's in-house and cooperative R&D programs. I got involved in NVIC because I was so impressed with the technology, and nothing I have seen since makes me believe otherwise. We have several strong patents and we have recently filed a patent to treat animal manures that we plan to bring to the marketplace in two years. Along those lines, we are just starting a highly visible R&D program with USDA at their research headquarters in Beltsville, MD. The Company has undergone significant changes in it's business plan in the last two years that are now beginning to show results. We slashed our overhead drastically and now rely heavily on a rep network to so most of our selling. We are moving into new business areas that are complimentary to our core, namely services to our licensees in the procurement of the alkaline materials used in our technology, and marketing of our product, N-Viro Soil. We are also seeing great interest internationally in our technology; most of that, unfortunately, is in Asia but we expect to have several palnts in Asia in the next two years. We have a growing presence in Europe with two plants on line in England and two more in design/construction, and one plant in operation in Belgium. We will install our first plant in Israel next year. We expect that our financial performance, as indicated in the last five quarters or so, will continue. More importantly, I believe we have the management that will position us for strong gowth domenstically and internationally in the next two years. Please feel free to contact me if you have other questions. Dr. Terry J. Logan School of Natural Resources The Ohio State University 2021 Coffey Road Columbus, OH 43210 614/292-9043 FAX 614/292-7432 Steve