140 Smith Street
• Suite 200
• Keasbey
• New Jersey
• 08832
• USA
• www.geco.us
Investor Contact: Frank N. Hawkins, Jr. or Julie Marshall · Hawk Associates Inc. · (305) 451-1888 · www.hawkassociates.com
Investor Contact: Frank N. Hawkins, Jr. or Julie Marshall · Hawk Associates Inc. · (305) 451-1888 · www.hawkassociates.com
Global Ecology Corporation Announces South Asia Water Purification Partnership & JV Agreement; Company Is Progressing In Multiple Initiatives in U.S., Asia, Middle East and Africa.
Global Ecology has built an extensive network of relationships with key domestic and international governmental officials, including a United Nations affiliation, large suppliers, and organizations dedicated to environmental restoration. The company believes it is positioning itself to have a global impact on water and soil remediation systems. Its long term business plan includes acquiring partners and other companies.
Company Overview Global Ecology holds distribution and deployment rights to FDA and EPA-approved patented technologies in the water and soil remediation field. Their proprietary water treatment formula can remove harmful bacteria and curb algae growth in nearly any sized body of water. Through its agreement with Huma-Clean, a Texas-based company, GEC offers a soil remediation process that turns polluted sludge from lake bottoms and waste water facilities into high-grade top soil. This “Gourmet Soil,” a nutrient-rich compost that can be used farming, golf courses and gardening.
"Total Pollution Solution" Strategy
Freshwater lakes and lake bottoms are susceptible to pollution arising from pesticides and fertilizers used in farming and livestock activities. As a result, the lake sludge formed by dead algae and other aquatic plant life becomes polluted, endangering the water's entire ecosystem. Common chemicals like nitrates and phosphorus from fertilizer runoff can create ideal conditions for algae growth, which can deplete the water's oxygen supply. The water itself might become polluted.GEC's approach will be to remove the polluted sludge and treat the water to prevent further lake bottom sludge accumulation. Once the sludge is removed, the company will apply the Huma-Clean technology to create Gourmet Soil. The company believes that its blend of technologies targeting both water and soil pollution presents a unique value proposition to governments and other customers since Global Ecology has the ability to solve these two separate but related problems at the same time. Differentiators
Water Treatment
Global Ecology has exclusive regional distribution and deployment rights to a patented safe acid technology in the water purification field. The formula, a non-toxic copper sulfate-based microbiocide, works as an algaecide, herbicide, fungicide and bactericide with excellent efficacy against bacterial and viral diseases. It is particularly effective against algae.The formula is effectively a water treatment plant in a 55-gallon drum. It has almost identical short-term efficacy as chlorine, but none of chlorine's negative effect on the ozone layer or high costs of production. It can also be manufactured in high quantities at a low price point and deployed by low-skilled personnel.
Soil Remediation • JV with Huma-Clean
Huma-Clean is a soil remediation company that specializes in strictly organic, bio-remedial soil treatment systems that removes hazardous deposits of heavy metals, dangerous pesticides and other pollutants. Huma-Clean's patented FDA/EPA-approved technology allows it to treat polluted sludge before or after it has been removed from lake bottoms and wastewater treatment facilities. Additional processing turns the sludge into high-grade, nutrient-rich topsoil that has a high reselling value.
Huma-Clean and Global Ecology are compensated for sludge removal and the JV also receives proceeds from the "Gourmet Soil" product, which they market.
In 2008, Global Ecology entered into a Joint Venture agreement with Huma-Clean and the Mexican Government, in which Global Ecology offers management expertise and capital to fund successful contracts and operations of the joint venture. The joint venture has begun work on eight million cubic yards of polluted wastewater sludge in the district of Juarez, Mexico. First orders from this site have already been received and delivery will begin in June. GEC also plans to receive another remediation contract for anoher site in the same area.
The two companies are also in discussions with several other local Mexican and U.S. governments to address their soil remediation needs.
GPS Technology
GEC operates a subsidiary that markets a global positioning tracking system with multiple uses. Its iTrax product is a small GPS device that can be used to track fleet and other vehicles. The company also holds patents for other GPS tracking software. The company sold the Russian technology rights to Global Safety Holdings (GSH) for a minimum of $4 million over the next three years. GEC also received 10% of the stock of GSH. Under the terms of the agreement, GEC believes the sale will ultimately be worth up to $15 million. GEC will continue to market the technology in the U.S. and Mexico.
The Opportunity
Water quality problems are at crisis proportions across the globe. It is estimated that less than three percent of the world's water is currently potable or drinkable. Fresh water is already in short supply for more than 20 percent of the world's population. Over one billion people lack access to fresh water and 2.4 billion people do not have rudimentary sanitary systems. It is also estimated that 6,000 children die each day from dehydration or diarrhea due to lack of access to clean water.
GEC has also recognized that the accumulation of polluted sludge in the world's lakes and rivers has become a threat to ecosystems around the world. Chemical runoffs from farm-based fertilizers and pesticides are currently causing nutritional imbalances and heavy metal deposits in soils, which threatens animal and plant species.
Recent News
Global Ecology Corporation Announces South Asia Water Purification Partnership
Global Ecology Corporation Announces Joint Venture Agreement for Philippines River Clean Up
Global Ecology Corporation Letter to Stockholders
Global Ecology Corporation Completes $4 Million Sale of GPS Technology
Global Ecology Corp. Announces Sale of Mobile Water Treatment System Units
- Start up status
- Lack of established business history
- Need for operating capital
The Outlook GEC has signed a Memorandum of Agreement with a local Native American Tribe in the Pensacola, Florida, for a replication of their Huma-Clean Joint Venture in Juarez on a site in Pace, FL. An application for a matching Federal Conservation Innovation Grant (CIG) funds has been formally submitted and results should be known in the next few months.
Relating to this Pensacola project, GEC has procured an agreement for the use of a large, mostlyvacant manufacturing facility near the reservation as a processing, bagging and distribution center for the soil produced by the Juarez Mexico JV.
In this same facility, GEC is in negotiations for the use of the site for testing a licensed proprietary ionized copper solution formula to be used in cooling towers and HVAC systems. This chemical could replace many, if not all, chemicals currently used by the industry for water treatment that are both caustic and harmful to the environment. Should the tests succeed, GEC will procure a license to exclusively produce and distribute the chemical. This testing should begin in mid-summer and take several months to complete.
GEC’s Philippines efforts: 1) GEC submitted a proposal in the Philippines that has advanced to the submission of a grant request. This included an outline of strategy for testing, clean-up and maintenance for polluted portions of the Pasig River 2) GEC is in the final stages of creating a Joint Venture with a group seeking to develop the Philippines markets for GEC’s suite of environmental products. This group proposes to furnish capital, on-site management, land, equipment and strategic relationships in the region.
GEC is finalizing manufacturing and sub-distribution agreements with one U.S. and one international company for its Mobile Water Purification System.
Q1 '09 Revenues was $10,728 vs $21,573 in Q1 '08, due to decrease in activation revenue and sales of tracking devices. Q1 '09 net loss was ($231,251) or EPS ($0.001) vs ($330,409) or EPS ($0.001) in Q1 '08.
Management
CEO, President, and Director-
Peter
Ubaldi
Managing Director-
Joseph
Battiato
Managing Director, Business Development-
William
Merritt
Executive Vice President and Director-
Roy
Pardini
Senior Vice President, GM – Biologics Division-
Blaise
Zampetti
Chief Technology Officer-
Anthony
Santora
