Bridge loan instead of promised earnings
Apr 13 interview (6:20 -) 8 Month ago cashflow positive next ¼ no more guessing the fund are here. 3.5 mill profit.
Is our CEO aware of what he is saying? if he is, what is his motive to lie and deceive, colleagues, BoD, Advisory board, the employees, investor, costumers.
Ask your self, could you make this up if wanted to?
If he wouldn’t be our CEO it would be very funny
Please listen to / read the original interviews a few times, it’s easy to get lost in the rhetoric.
13 Sep interview (3;00 -)
CEO Lynn Mueller
“400 billion kWh a day of energy that goes down the drain in north America that is about a dollar a day per person” and the funny thing was, when I was home in my brief retirement I noticed my hot water bill in my home was about $ 1,000 a year.
Sure was funny the brief retirement
Mr. Mueller says it’s about $ 1.00 Dollar per day per person
My calculation it’s (@$0.12 per kWh) $ 83.00 Dollars per day per person
Fact:
Pop.of N America 580 mill
400 bill kWh @ $0.12 per kWh = $ 48.0 bill : 580 mil = $ 82.76 a day p.P. not a Dollar
If he meant 400 bill kWh per year it would be $ 0.23 a day p.P, not a Dollar
If a family of 6 has a hot water bill of $ 1,000 a year, = $ 0.46 a day p.P
13 Sep interview 7:00 -)
CEO Lynn Mueller
Because I’ve been a working guy my whole life I like to use the analogy that every night on my way home I pick up a six pack of warm beer and put it in the fridge for a couple of hours. The beer is cold and the back of the fridge is warm, that is a heat pump.
(Analogy good, the beer aspect makes no economical sense, if true, it’s not smart, if not true, why lie about it ) (What’ the motive)
( buying a case of 24 every 5th day (if needed) would save $ 2.00 every day plus some gasoline and CO2).
(the $2 a day would take care of a good portion of the hot water bill) more economical then a piranha
($ 2.00 x 365 = $730 $1000 - $ 730 = $ 270 : 365 = $ 0.74 for hot water a day for family of 6).
A 6 pack is $ 10.00+ per day, $ 3650.00 + per year. priority ?
Apr 13 interview (1:10 -)
CEO Lynn Mueller
“when we (meaning the interviewer) met 5 years ago (2013) the idea of sewage heat recovery was really unheard of around the world”
(Really)
13 Sep interview (13:15 - (gotta listen / read it several times) (High level CEO talk)
CEO LynnMueller
Well, you know, I’m a farmer from Alberta, so I’m absolutely in awe of how the world works and how energy works I guess maybe from riding around the tractor long days had a lot of time to think, because I think in very simple terms, we have a very simple technology that is applicable all over the world.
Eight years ago (2010) when I decided to start down the path of sewage heat recovery virtually nobody had heard about it.
8 years ago virtually nobody had heard about it.
5 years ago unheard of around the world”
( really? Sewage heat recovery is around for more then 20 years)
KWL 2011 annual Conference Kelowna BC 2011
Pages “3”, 4, 7, 9, “11”, 12, “13”, 14, 15, 16
Page 3 Waste heat recovery is nothing new (2009)
Page 11 South East False Creek (2011)
Page 13, Okanagan College Wastewater Heat Recovery Project “Operating” since 2004
Apr 13 interview (4:20-)
CEO, Lynn Mueller
Every day in the world there is 100 bill gal of waste water that flows, if we would recover 1 degree, it would offset $ 500 mill a day of nat gas.
(Really)
( it would offset $ 52.7mill, not $ 500 mill /day, @ $ 0.12 per kWh of electricity, or 1,581,552 Gj of nat gas)
In this interview it’s 100 bill gal a day worldwide = 137.97 trillion liter a year
(5 months later there are 938 trillion liter a year a 6 fold increase )
13 Sep interview (15:30 - )
CEO, Lynn Mueller
In the world every year there’s 938 trillion liter a year of sewage that goes down the drain and it makes it way to the ocean and rivers of the world.
Interviewer:
I can’t fathom what the scale of that is.
CEO, Lynn Mueller
It’s a lot, and if you think of just the United States for instance, the hot water that goes down the drain in the United States is enough heat to melt 12 trillion tonnes of ice, so if you think of global warming and you’re dumping enough heat in to the ocean to melt 12 trillion tonnes of ice that’s significant.
Interviewer:
WOW, and you can recover it. And so you’re keeping that out of the ocean.
CEO, Lynn Mueller
Absolutely.
Fact, World population in 2018 7.7 bill
USA population in 2018 326 mill (= 4.23% of world population)
938 trill liter = 938 bill tonnes , 4.23% of it = 40 bill tonnes, that can melt 12 trill tonnes of ice??
For simplicity, 40 bill tonnes : 10 bill = 4 kg = 4 litre of sewage
12 trill tonnes : 10 bill = 1,200 tonnes of ice
= He can melt 120 tonnes of ice with one pint of sewage.
( I don’t know, should I laugh or cry)
** Zimtu Ger May 2017
Page 1
Isabel: Who had this idea? Was it you or a group of people together?
Notice, she already knew the answer but wanted to find out if he is lying, he stepped fully into it.
Lynn: Maybe you don t guess by looking at me, but it is me. I invented both of the systems, the Sharc and the Piranha.
** Page 4, IWS Fact sheet
International Wastewater Systems Inc. (IWS) was founded in 2010 by a team of technical and engineering professionals with over 100 years of combined experience in the heating, ventilating and geo exchange industries.
13 Sep interview (18:35 - )
CEO, Lynn Mueller
All we have to do is learn the building so we know when to have it ready. It’s a tremendously intelligent piece of equipment
I had the vision, I don’t know how to do it, but I had the vision that I wanted to create a living machine that knows what we are doing
Head-scratcher
Interviewer:
WOW, okay, so you’re taking hot water out of the sewer system that is being driven down into the ocean, you’re reducing carbon, and you’re reducing the load on the electrical grid as well
Lynn Mueller,
Yeah, it’s a pretty enticing package.
Q: what energy source is needed to run the sharc, piranha systems,
(create a living machine that knows what they are doing, but I did not how to do it )? Priceless.
Nobel price for “vision extraordinaire”
(Visions and ideas are meaningless, if you don’t have the “know how” . No credit
Don’t take the credit away from the ones who know, knew,
( it’s a very simple technology, and a tremendously intelligent piece of equipment, all at the same time now they know what they are doing because of this machine). I am glad for them.
** Page 3
Isabel: In March 2017, you privately sold 3 million shares at 0.22 CAD, with a discount to the market price. What was that about since we received some questions in this respect from some German shareholders?
Lynn: What I did, I sold 3 million of my personal shares at 0.22 CAD and repurchased shares in International Wastewater System at 0.30 CAD. I personally absorbed lots of those shares to bring in revenue for the company because I have such a strong belief in where we are going.
(Well, it’s should be easy now, with the help of the machine that knows what they are doing)
(Revenues derive from sales of GOODS not from selling and repurchasing shares)
(the $ 240,000 difference went to an investor). The reinvestment (financing=dilution) of the proceeds of $ 660,000 is now worth $ 220,000, a loss of $ 440,000, or 66% after 20 months.
Where are the revenues from it?
I hope, I don’t have to dissect an other interview. It’s no fun.