| Business Summary | | Advanced
Recycling
Sciences,
Inc.
is
in
the
business
of
developing
products
and
technologies
in
the
environmental
and
recycling
industries,
with
specific
emphasis
on
scrap
tire
rubber
recycling.
The
Company
has
designed
a
complete
tire-recycling
and
-granulating
production
system,
which
integrates
individual
pieces
of
tire-recycling
equipment
made
by
other
manufacturers.
The
Eco
Granulating
System
(EGS)
reduces
scrap
automobile
and
truck
tires
to
useful
and
valuable
crumb
rubber,
reusable
steel
scrap
and
nylon
fluff.
The
system,
as
designed,
follows
common
processing
steps.
The
Company
conducts
most
of
its
operations
through
several
wholly
owned
subsidiary
companies:
Advanced
Surfacing
Technologies,
Inc.,
Technology
Development,
Inc.,
Poseidon
Products
GmbH.,
Bay
Area
Recycling,
Inc.,
Tires2Oil,
Inc.,
Advanced
Environmental
Technologies,
Limited,
QCAL,
Inc.
and
Eurectec,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Recycling
Sciences,
Inc.
is
engaged
in
investigating
innovative
products
in
the
environmental
and
recycling
industries
and
obtaining
licenses
and
marketing
rights
for
such
products.
For
the
six
months
ended
6/30/01,
revenues
fell
74%
to
$61
thousand.
Net
loss
fell
9%
to
$1.1
million.
Revenues
reflect
a
decrease
in
the
sale
of
crumb
rubber
products.
Lower
loss
reflects
lower
costs
due
to
the
discontinuation
of
the
QCAL
and
San
Diego
operations. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ehrenfried Liebich, 58 Chairman,
CEO | $130K | Keith Fryer, 51 Pres,
COO, Sec., Director | 133K | John Pope, 58 VP,
Treasurer, Director | 50K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|