Sludge Watch ==> N-Viro Operating at a Loss -now wants to burn sludge/kiln dust mix
Maureen Reilly
maureen.reilly at sympatico.ca
Wed Aug 15 15:02:14 EDT 2007
Sldugewatch Admin:
Again, the problem with burning a sludge/cementkilndust mix, is that the
cement kiln dust has no fuel value.
If you plan to burn sludge as a fuel, it makes more sense to get the better
BTU value from the sludge rather than mixing it 50/50 with non combustable,
expensive to transport, kiln dust.
..........................................
August 15, 2007: 11:29 AM EST
TOLEDO, Ohio, Aug. 15 /PRNewswire-FirstCall/ -- N-Viro International Corp.
("N-Viro") announced today their unaudited financial results for the quarter
ending June 30, 2007, which were set forth in N-Viro's Form 10-QSB filed
with the SEC on August 14, 2007.
Mr. Timothy Kasmoch, President and CEO of N-Viro International stated, "Even
though N-Viro is still operating at a loss, we are committed to our
restructuring efforts and we strongly believe we will be profitable in the
near future. We believe the restructuring will lead the Company to become a
strong operational entity and offer N-Viro a position of greater control."
"Considerable investment in our transportation subsidiary, Bio Mineral
Transportation, LLC, in both Ohio and Florida has delivered net profits for
our transportation business for the first six months of 2007 of
approximately $38,000. Likewise, after only six months, our investment in
Florida has provided tremendous improvements over 2006 results. We are very
pleased with the performance of both of these businesses, and believe all of
our operations will have similar success through our continuing
restructuring efforts."
Continued Kasmoch, "We have also been making significant progress in the
commercialization of our patented N-Viro Fuels technology. The company has
been aggressively negotiating with energy companies and municipal entities
to build and operate facilities to utilize our "green technology." We are
hopeful these negotiations result in commitments in the near future."
About NVIC
N-Viro International Corporation develops and licenses its technology to
municipalities and private companies. N-Viro's patented processes use lime
and/or mineral-rich, combustion byproducts to treat, pasteurize, immobilize
and convert wastewater sludge and other bio-organic wastes into biomineral
agricultural and soil-enrichment products with real market value.
http://money.cnn.com/news/newsfeeds/articles/prnewswire/CLW05315082007-1.htm
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