http://investorshub.advfn.com/boards/read_msg...d=95291011
I certainly have high expectations for 2014!! 100M minimum gross revs IMO on 25 – 30 percent gross margins. Jan should provide FY2013 results ahead of audited 2013 numbers by Sadler/Gibb. I like the following from the recently published Q&A by the EWSI CEO!!
Then, we visited with our lead licensee in South America, the Reciclarg Organization in Mendoza, Argentina. While there we met with three members of the government to encourage their support for environmentally responsible recycling through our partner there. While there we agreed in principle the plans for their upgrade to a modest automated plant using modern engineering for CRT processing; learned of their newest exclusive municipal contract in south Mendoza; and toured their current operation.
China. On that part of the trip, we cemented new business development deals in Shanghai, including meeting with the newly appointed US trade delegate to China from California, and made excellent contacts for further business development in Zhengzhou, Xian, and Wuhan before returning to Shanghai.
Our business development initiatives and the recent acquisition of strategic assets provide a solid base for further growth in 2014. We expect to complete our annual budgeting process and then to provide some guidance for Q4 in January.[ /b]
CPU (E-Waste Systems) … business development initiatives they have underway are expected to Provide a solid basis for continued growth in 2014. They have just completed a move to a new Location and are hosting senior executives from Toshiba as an example of a company, which is doing things correctly.
2TRG. … we are dedicated to the rapid development of a showpiece operation in Ohio and New York. The transactions provided the assets we needed to expand our capacity in the US. Our plan for this operation is aggressive but we expect it will take a four-month period to get the operation fully integrated into our brand.
Acquisitions will continue to be key parts of our strategy for growth and several more are being negotiated at this time .
eWaste CC. We cannot provide any revenue projections for eWasteCC at this time. The market is vast and deserves some serious attention, so we have considered hiring some business development experts in this arena to provide professional attention. We have already retained our partners at Village Green Global to build a plan for exploitation of this technology in China and expect that to be part of our 2014 implementation plan.
China. … active initiatives is quite significant and we expect that the growth will be dramatic in the next year.
Convertible debt done properly is a good means to provide financing for growth. If we can continue to execute our plan, then the market should reward us with a better valuation over
time. If that occurs, then the use of convertible debt is good for the company and good for shareholders because it is less dilutive. People who bring this question up often do so because
of ‘toxic convertibles’, which is a phrase given to instruments which tend to drive prices downward. That downward pressure is the opposite of what a strong growth company should produce. Stock market analysis shows that reasonable use of convertible debt can help reduce the cost of capital if done properly. In our case, we will be judicious in this. We expect that as
our growth continues, the equity market and senior debt market will become increasingly attractive to us and will ultimately be the primary sources of financing.
We closed the financing with TCA in connection with the purchase of the 2TRG assets and the $5Million line of credit provides much needed expansion capital. We consider TCA our financing partner. We have a number of other complementary financings under consideration.
Discuss the ePlant 1000 in India–how long before this deal and up and running–right now it is just an MOU. Our partners in India and we are deep into discussions about planning the first of what could be several sites inside India. The property has already been acquired and the current version of our plans suggests we may see the first plant open its doors in the summer of 2014 . Further developments are underway and the expectation is that we turn the MOU into a deal in rather short order , including a joint investment
Accra. Current developments suggest that we may be taking our next steps in the form of extracting waste materials out of Ghana for processing elsewhere where the return is higher and where the processing is done in a zero-landfill, environmentally safe manner . Our partner company in Ghana, which holds a Master License for the Region, has Recently negotiated a memorandum of understanding with GESTA,(the Ghana Electronics Service Technicians Association) to obtain access to end of life streams of electronics. Within few months the first container of printed circuit board materials is expected to be ready for shipping to our partner refinery . This will be a pilot and will be closely monitored. We expect to announce more about this soon.
Then, we visited with our lead licensee in South America, the Reciclarg Organization in Mendoza, Argentina. While there we met with three members of the government to encourage their support for environmentally responsible recycling through our partner there. While there we agreed in principle the plans for their upgrade to a modest automated plant using modern engineering for CRT processing; learned of their newest exclusive municipal contract in south Mendoza; and toured their current operation.
China. On that part of the trip, we cemented new business development deals in Shanghai, including meeting with the newly appointed US trade delegate to China from California, and made excellent contacts for further business development in Zhengzhou, Xian, and Wuhan before returning to Shanghai.
Our business development initiatives and the recent acquisition of strategic assets provide a solid base for further growth in 2014. We expect to complete our annual budgeting process and then to provide some guidance for Q4 in January.[ /b]
CPU (E-Waste Systems) … business development initiatives they have underway are expected to Provide a solid basis for continued growth in 2014. They have just completed a move to a new Location and are hosting senior executives from Toshiba as an example of a company, which is doing things correctly.
2TRG. … we are dedicated to the rapid development of a showpiece operation in Ohio and New York. The transactions provided the assets we needed to expand our capacity in the US. Our plan for this operation is aggressive but we expect it will take a four-month period to get the operation fully integrated into our brand.
Acquisitions will continue to be key parts of our strategy for growth and several more are being negotiated at this time .
eWaste CC. We cannot provide any revenue projections for eWasteCC at this time. The market is vast and deserves some serious attention, so we have considered hiring some business development experts in this arena to provide professional attention. We have already retained our partners at Village Green Global to build a plan for exploitation of this technology in China and expect that to be part of our 2014 implementation plan.
China. … active initiatives is quite significant and we expect that the growth will be dramatic in the next year.
Convertible debt done properly is a good means to provide financing for growth. If we can continue to execute our plan, then the market should reward us with a better valuation over
time. If that occurs, then the use of convertible debt is good for the company and good for shareholders because it is less dilutive. People who bring this question up often do so because
of ‘toxic convertibles’, which is a phrase given to instruments which tend to drive prices downward. That downward pressure is the opposite of what a strong growth company should produce. Stock market analysis shows that reasonable use of convertible debt can help reduce the cost of capital if done properly. In our case, we will be judicious in this. We expect that as
our growth continues, the equity market and senior debt market will become increasingly attractive to us and will ultimately be the primary sources of financing.
We closed the financing with TCA in connection with the purchase of the 2TRG assets and the $5Million line of credit provides much needed expansion capital. We consider TCA our financing partner. We have a number of other complementary financings under consideration.
Discuss the ePlant 1000 in India–how long before this deal and up and running–right now it is just an MOU. Our partners in India and we are deep into discussions about planning the first of what could be several sites inside India. The property has already been acquired and the current version of our plans suggests we may see the first plant open its doors in the summer of 2014 . Further developments are underway and the expectation is that we turn the MOU into a deal in rather short order , including a joint investment
Accra. Current developments suggest that we may be taking our next steps in the form of extracting waste materials out of Ghana for processing elsewhere where the return is higher and where the processing is done in a zero-landfill, environmentally safe manner . Our partner company in Ghana, which holds a Master License for the Region, has Recently negotiated a memorandum of understanding with GESTA,(the Ghana Electronics Service Technicians Association) to obtain access to end of life streams of electronics. Within few months the first container of printed circuit board materials is expected to be ready for shipping to our partner refinery . This will be a pilot and will be closely monitored. We expect to announce more about this soon.
