China was (is) the only hope for EWSI. Certainly not a handful of piddly facilities like Cinci. They're just a piss hole in the snow. One of hundreds. And although Dan might be a great guy if anyone thinks he can single-handedly open a $50 million ewaste market in China I'm afraid they are sadly mistaken. Witness TNKE, the great China hope, with a PPS in the toilet and absolutely no investor interest. Yes, China is becoming the largest consumer goods market and most powerful country in the world (if they don't implode from social issues). They will have the correspondingly biggest ewaste problem. And they hunger for U.S. service expertise, consulting. They have manufacturing down pat, now they need service industry help, which the U.S. is the leader in and EWSI hoped to provide (that is till China figures it out on their own, but it's still a window of opportunity). But it didn't work. And without their revenue Marty has no leverage for M&A, more expansion in China, or the funding of a fast growing organization, at home or anywhere. No one needs to join with him. There's no competitive advantage, no war chest, no high road to success through EWSI, and they have nothing no one else has. Marty had a brilliant idea for China, but it fizzled.
There are big players in the disposal, waste world that can squash EWSI like a bug in a matter of weeks, in the U.S., China, India, or anywhere else. Does anyone think that billionaire who supposedly visited Cincy needs EWSI? What do they possibly have to offer a guy like that who can start a successful business from scratch in a heartbeat. Has contacts every where at the highest levels, and has the pocket change to make it happen. He's done it time and time again, and the business model for handling ewaste is right down his alley, the kind of business he loves to start and turn into a Fortune 500 in a few years. His visit was competitive intelligence not any M&A interest.
Sorry to be so negative folks, but this picture is becoming increasingly clear.
Category: StocksTotal Views: 74 By : EditorUpdated: 06-01-2024
Company Overview
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Category: CryptoTotal Views: 117 By : EditorUpdated: 05-31-2024
Introduction to Cryptocurrency Investments
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Category: MarketsTotal Views: 117 By : EditorUpdated: 05-31-2024
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Category: StocksTotal Views: 138 By : EditorUpdated: 05-31-2024
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Category: EconomyTotal Views: 183 By : EditorUpdated: 05-31-2024
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Category: BusinessTotal Views: 156 By : EditorUpdated: 05-31-2024
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Category: InvestingTotal Views: 161 By : EditorUpdated: 05-31-2024
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Understanding Dividend Stocks
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Category: Real EstateTotal Views: 163 By : EditorUpdated: 05-31-2024
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Category: EconomyTotal Views: 195 By : EditorUpdated: 05-31-2024
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Category: StocksTotal Views: 352 By : EditorUpdated: 05-30-2024
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