Forterra Environmental Corp FEVCF

RE: RE: 0.08

[staolin]

1. Based on their bed sizes, and their number of beds, it seems that they have nearly 80k sq ft of beds.

2. Based on comparison to other producers that have info online, those beds should produce approximately 15,000 tons of castings a year. I'm betting that the FTE beds are much more efficient because they have spent years researching the optimum production factors.

3. The castings, in bulk, sell for .5$ a kg (that is very conservative and lower than the lowest .6$/kg I have found). That is the minimal sell price.

4. Do the math. These are very conservative numbers, too. This is all stuff I've picked up from the small producer webpages.

A small cap company (5.6 mil at 8 cents) whose long term customer relationships are just starting to bloom, who have a good product and a market with next to 0 competition.... and they are likely 2-3 years ahead of any startup who might compete....

I don't know where the guys want to take this, but if the product doesn't bomb (and I haven't seen any negative feedback for any of the other producers I've looked up) then this could get big.

I don't know much about economics. I'm just a student. But this stuff is applicable to a lot of projects I've done recently. It is a useful product and relatively little has been researched or published regarding optimal production, or mass production. Yet, it has a solid following because people see that it works. Hesitancy to use it is relatively low because of the reputation that worms have made for themselves.

Nobody needs to pump this. The writing is on the wall. Good luck to everyone who didn't pass this baby up.