Now back to the technical's.
NUEC's calculated EPS is more than double what it's trading right now!
NUEC's new CEO and President Mr. Levi Modelevi stated: "Our current stock price of $0.08 per share is considerably under valued and well below our calculated EPS. With our current net earnings, our EPS is in excess of $0.21 per share. This gives the investment community a unique opportunity to evaluate and study our Company and potentially benefit from their efforts."
Many of the foods we buy at the grocery store or consume would not be able to reach our hands and mouths without agriculture.
Agriculture is one of the largest industries in the United States!
Farmers are a big market because they have critical needs for beneficial technology and products that help keep food growing.
NUEC may establish a pretty big presence in this industry with their AquaSolv technology!
NUEC CEO Levi Modelevi stated, "Our AquaSolv product line is our main market penetration target with its AquaSolv-water retention product; DustBlock-dust inhibitor; RoadBinder-soil stabilizer; AquaCarrier-pesticide and herbicide carrier; and our new AquaFrac-environmentally safe and completely biodegradable drilling and fracturing solution."
Polyacrylamides are best known for attracting and holding moisture.
The ability of polyacrylamides to slow water percolation through soil profiles has significant implication in reducing the loss of soluble plant nutrients (particularly nitrogen) from soils as ground water leachates.
In order for plants to grow they need chemical elements like nitrogen which is an element u find in most packaged fertilizers.
NUEC is a producer of polyacrylamide formulations that have opened opportunities for economic use in broadacre agricultural applications.
AquaSolv-L(liquid) & G(Granular) are unique formulations of Polyacrylamides (PAMs) that surpass all other co-polymer products in both performance and environmental considerations!
The increasing cost of chemical based fertilizers coupled with both the shortage of and cost of irrigation water further justify the development of this technology into agricultural markets!
Other markets may find the AquaSolv technology very beneficial as well!
NUEC's new CEO and President Levi Modelevi commented, "NuEarth's AquaSolv technology has the potential to revolutionize the water retention, dust control and drilling markets."
NUEC also has a product called DustBlock -- a totally biodegradable and ecologically safe product that will have no adverse affect on the road or the surrounding environment.
DustBlock is a new dust abatement product that binds dust particles together to significantly reduce haul and unpaved road maintenance costs. It retains moisture in road surfaces longer to reduce rutting and deterioration of the road surface.
It will deliver an economic benefit by achieving the desired dust control and site management faster and with less passes of the water truck. It can be applied to any soil or pavement material and will reduce water use by up to 90% in some cases!!
NUEC is rapidly rapidly approaching US market introduction of its revolutionary AquaSolv and AB Tech Cleaners and Strippers!
NUEC has expanded its commitment to the North American market by entering into an agreement to purchase a 65,923 sq. ft. manufacturing facility in Alliance, Ohio, for the establishment of a permanent distribution and manufacturing facility.
The facility is located on approximately 5.6 acres of land.
Former NUEC CEO Steve Young stated "As NuEarth expands its operations in the United States, the need for a centrally located manufacturing and distribution facility for the AquaSolv product line will be a critical stepping and milestone for our growth."
NUEC is constantly looking at ways to maximize the potential of technology used to protect the environment.
NUEC CEO and President Mr. Levi Modelevi said in an interview, "Our target markets are dominated by smaller, under capitalized competitors NuEarth has developed superior products and is financially stronger and very well supported. These facts should allow us to gain market share and ultimately dominate these niche markets."
More information on NUEC and their products is available at: http://www.nuearthcorp.com/
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