01.23
RED BANK, NEW JERSEY, Jan 20, 2012 (MARKETWIRE via COMTEX) — TGI Solar Power Group, Inc. (PINKSHEETS: TSPG) (www.tgisolar.com) a diversified energy company, is providing its followers with the aforementioned forward guidance report.
Firstly, the company management has identified several US based landfills, where new Ekoplaz units are to be tested. This was always the big challenge. Our followers familiar with the landfill process and regulations hail this as a great milestone and a great achievement. TSPG equally shares their enthusiasm. This sets the stage for TSPG, what can best be described as the next hyper growth stage.
Simply put, revenue strategy is based on sharing tipping fees with the landfill, in processing various feedstocks. In summary a “tipping fee” is the charge levied upon a given quantity of waste received at a waste processing facility. Currently and approximate tipping fees charged by the landfills are (varies from State to State) provided for reference purposes only are:
MSW – $40.00 -$100.00/ton
Medical waste- starts at $400/ton
In the company estimate or projection the company expects to process about 20 tons per machine per day or about $5,000 a day in revenue. Basically this translates to about $1.15 Million Per annum based on 230 annual working days. On a medical waste projection the company estimates approximately 3.7 million dollars.
“These are truly exciting times for TSPG,” explained Mr. Henry Val, CEO of TSPG.
I can tell our followers that TSPG management is working towards development and launch of a new web site that will demonstrate the functionality and the operational procedure of this aforementioned project, and the various other previously released Ekoplaz announcements.
The company plans to release more exciting news and details about this exciting project on a timely basis, as further developments begin to solidify.