We are a development stage company formed to develop technologies designed to profitably transform municipal solid waste (MSW) into usable commodities and products such as ethanol, electricity and paper pulp, and to design, build, own and operate facilities that utilize such technologies. We recently completed construction of our first facility in Anaheim, California, located on the campus of the regional transfer facility and Material Recovery Facility (MRF) of Taormina Industries, a wholly owned subsidiary of Republic Services, Inc.
Our Anaheim facility has been in a limited startup phase and has successfully transformed MSW to produce small test quantities of paper pulp, which we have sold to paper manufacturer. We are now utilizing the facility to continue improving our pulp technology and for research and development on additional technologies to create renewable energy products such as ethanol and electricity.
