My mistake. I do remember you posting that info.
Post# of 3844
Posted On: 12/30/2013 7:08:33 PM
Re: EwasteGuru #1787
My mistake. I do remember you posting that info. So, I'll assume then that you have a generic understanding that e-waste is a global problem that needs solutions. There are very few leaders in the industry because it is simply to fragmented and many players are scratching out their businesses month to month (so to speak). SURF is a great example of a company that was on the decline and was subsequently resurrected via its bonding with EWSI. They are now cash flow positive and will continue to grow. I foresee the same thing happening very quickly with 2TRG...and many others that are in the pipeline as indicated by Nielson.
IMO it comes down to capacity, flexibility, and a steady flow of feedstock. B2B and B2C contracts are the order of the day, even though typical residential e-waste can be handled as well.
The potential E-Plants globally are very exciting. There should be plants operational on three separate continents before the end of 2014 with potentially the first one being operational in India as early as the summer! MOUs do indeed take some time to come to fruition. Not all of them will!! But, maybe most of them will. They include:
Cerebra (India...first E-Plant this summer...they also have assets in the Middle East)
Reciclarge SA of Argentina (very possible 2014)
iTechRecycle (East Coast of India...Cerebra resulted from this original EWSI relationship)
Italy!! What an awesome deal this could become!! 50M pounds capacity plant!!
1800eWaste (Australia/New Zealand)
Caribbean Initiative providing feedstock to 2TRG Cincy facility!!
SCOEX (Mexico) eWasteTRACK initiative. Is VGG working on this software?? Nielson indicated he had hoped this project would be ready for commercialization in 2013. But, it evidently hasn't been completed yet. Maybe close??
Anyway...IMO 100M gross revs on 25 - 30 percent margins in 2014 is coming our way. I hope to see the O/S no higher than the 360Mish area and cash flow positive with a much higher PPS by Q2 2014. But hey, that's just me......
IMO it comes down to capacity, flexibility, and a steady flow of feedstock. B2B and B2C contracts are the order of the day, even though typical residential e-waste can be handled as well.
The potential E-Plants globally are very exciting. There should be plants operational on three separate continents before the end of 2014 with potentially the first one being operational in India as early as the summer! MOUs do indeed take some time to come to fruition. Not all of them will!! But, maybe most of them will. They include:
Cerebra (India...first E-Plant this summer...they also have assets in the Middle East)
Reciclarge SA of Argentina (very possible 2014)
iTechRecycle (East Coast of India...Cerebra resulted from this original EWSI relationship)
Italy!! What an awesome deal this could become!! 50M pounds capacity plant!!
1800eWaste (Australia/New Zealand)
Caribbean Initiative providing feedstock to 2TRG Cincy facility!!
SCOEX (Mexico) eWasteTRACK initiative. Is VGG working on this software?? Nielson indicated he had hoped this project would be ready for commercialization in 2013. But, it evidently hasn't been completed yet. Maybe close??
Anyway...IMO 100M gross revs on 25 - 30 percent margins in 2014 is coming our way. I hope to see the O/S no higher than the 360Mish area and cash flow positive with a much higher PPS by Q2 2014. But hey, that's just me......
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