RE: [GreenYes] solid waste debacles

["Steen, Terri - Contractor" <Terri_Steen@belvoir.army.mil>]

Try this one:  http://www.cynt.com/ (yes, folks, that's the organization for
which Paul Cato consults)  I'm no economist, but I found their Form 10-SB,
filed with the SEC, so fascinating that I downloaded it to read later.  
A close inspection of the website indicates that the technology is unproven
in commercial application, the company is hemorrhaging money, and the odds
of it getting off the ground seem slim to none (at least, I won't be putting
my money into it!)
Amy, can I ask the list to send you examples of good ideas, too?  I know
you're trying to prove a point, but maybe there are good examples of
"up-cycling" (?) that you could compare to your friend's idea, too.

 -----Original Message-----
From: 	Amy Perlmutter [mailto:amyp@chelseacenter.org] 
Sent:	Wednesday, May 23, 2001 3:11 PM
To:	multiple recipients of
Subject:	[GreenYes] solid waste debacles

Hi folks. I have a friend who is getting involved with one of those magic
put garbage in and get gold out technologies.  I shared with him my
skepticism on these kinds of things, but he's pretty excited about this one
and is going to continue pursuing it.  He asked me if there are any
examples anywhere of large scale plants that have promised to take garbage
and turn it into high value materials going belly up. I figured someone out
there would know and perhaps even be collecting such examples. He's also
interested in how they were financed-- public vs. private dollars.  Can
anyone give me a hand on this? I know there are some good examples out
there. It doesn't just have to be mixed waste, it can be any recycling
technology that promised the world and came up wtih nothing.  

thanks.


Amy Perlmutter
Executive Director
Chelsea Center for Recycling and
Economic Development
University of Massachusetts
180 Second Street
Chelsea, MA 02150
617-887-2300/fax 617-887-0399
visit our web site at www.chelseacenter.org