| Business Summary | | Thermo
Tech
Technologies,
Inc.
(Thermo
Tech)
is
in
the
business
of
waste
conversion
and
waste
management.
The
Company
has
developed
proprietary
organic
waste
conversion
facilities,
known
as
Thermo
Master
Plants,
which
employ
the
Company's
proprietary
thermophilic
organic
waste
fermentation
technology.
The
Thermo
Master
Plants
are
capable
of
converting
raw
organic
waste,
in
the
form
of
food
waste
or
municipal
sludge,
into
a
commercially
saleable
end
product.
The
Company
markets,
licenses,
owns
and
operates
Thermo
Master
Plants
as
its
primary
business,
and
derives
its
primary
revenues
from
these
activities.
Thermo
Tech
conducts
business
through
its
wholly
owned
subsidiary,
Thermo
Tech
Waste
Systems,
Inc.,
which
owns
Hamilton
Bio
Conversion,
Inc.
and
Richmond
Bio
Conversion,
Inc.,
both
Thermo
Master
plant
businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Thermo
Tech
is
engaged
in
waste
conversion
and
waste
management.
The
patented
Thermo
Master
fermentation
process
provides
a
controlled
environment
in
which
waste
materials
are
converted
to
value
added
products.
For
the
six
months
ended
10/31/00,
revenues
rose
15%
to
C$1.2
million.
Net
loss
from
continuing
operations
according
to
U.S.
GAAP
totaled
C$31.1
million,
up
from
C$8
million.
Results
reflect
increased
sales,
offset
by
restructuring
charges
and
certain
advance
payments. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Ismail Radi | Chairman,
CEO | Charles Miller | Pres,
Director | Wayne Hansen, 55 | CFO | Daniel Donn | VP,
Fin. | Owen Anderson, 55 | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|