Business
Value Recovery (the Company) is an environmental services research company with a primary focus on destruction and/or recovery of hazardous chemicals from both air and water by de-toxifying them via conversion to benign compounds. Methyl Bromide (MB) scrubbing has emerged as the lead application for commercialization and market penetration. Methyl Bromide is the pesticide of choice for fumigating produce and soil and is a known ozone depleter. The opportunity is to change the industry practice of venting MB directly into the atmosphere since no viable alternatives or economic emissions control systems are available. The Company’s patented and proprietary process controls the emission of the gas by destroying up to 99% of methyl bromide entering the process, thus allowing for the continued use of MB while virtually eliminating more potential destruction of the ozone layer.
1. License of the Patented Technology. Royalty fees per pound of methyl bromide scrubbed or annually per location for customers sophisticated enough to supply their own infrastructure systems, like a foreign government.
2. Equipment Sales. Sell equipment through outsourced fabricators capable of taking the engineering drawings and converting them into a final equipment package for shipment.
3. Solution Sales. Scrubber solution concentrate sold to small to intermediate customers as they continue to scrub methyl bromide.
4. Additional Consultative Fees. Sell value-added fumigation consulting services such as fumigation design or permit applications directly to large customers and provide new designs for instrumentation systems.
At the end of each fumigation cycle, current practice is to allow methyl bromide to be vented directly into the atmosphere. Currently, Value Recovery has the enviable position of having no competitors using similar chemical destruction technology that can eliminate MB emissions for both small and large fumigation enclosures. Value Recovery's patent position is structured to ensure a leadership position for chemical destruction for the long-term future. Instead, there are two (2) other methods, usable only on a small scale, that are used to deal with elimination of methyl bromide emissions.
Technology
The Company has successfully completed two (2) commercial scale demonstration trials of methyl bromide scrubbing and has published its results in peer reviewed scientific journals. The trials completed were for the fumigation of fruit at the Port of Wilmington and in Westfield, Indiana for machinery slated for export. The trials support the technical claim in two vastly different environments using the same process. The process is simple, transportable and has been validated by the industry as being economically viable.
The Company has been awarded US Patents 6,846,946 and 7,090,812. The latter is for scrubbing methyl bromide from anthrax fumigations and another patent covering more general conditions typically found in industry for methyl bromide scrubbing under non-hazardous conditions will issue within a month. A third process patent that covers the company's unique approach to destroying methyl bromide was submitted last year. The company is confident that it has secured the IP in this field.
Team
| Name | Title |
|---|---|
| Peter J. Joyce | CEO |
Financials
As the Company wishes to continue development to achieve the commercialization stage of the enterprise, the Company is immediately seeking a seed investment of $620,000. The proceeds will be used to complete the Research and Development Plan (R&D Plan) and prepare for the initial sales in the marketplace. The total requested to enter the market is $2.5 million and includes the initial seed capital investment.
Hello Peter,
I have a green investor that may be interested, but I need more details to present to him before I introduce you. Couple of quick questions: 1)will you be acquiring Commercial Real Estate as part of this fund request, and 2) what is the expected job creation projections of this endeavor. I'm happy to sign a NDA.
Please call or write if you are interested.
John Ward
617.858.6150
forwardfivefunding@gmail.com
Send me your Executive Summary. We are the investor.
Regards,
David Helvey
President
S&D Secured Investments, LLC
david.helvey2@gmail.com