Forterra Environmental Corp FEVCF

Mid March

[staolin]

We're closing in on the Springtime orders. I think there is better reason to be optimistic about material orders this year as compared to last. It would be great if there was enough interest from Weedman clients to help the company break even this year so that they will not need another share offering.

My thoughts are that this year will determine whether the product is going to take a foothold and whether the company will expand or not.  If there are solid orders and the buyers remain confident to put in more orders, then next year we'll see the big numbers from repeat customers as well as new.

Weed Man is a great vehicle to spread the product. For example, Mr. Wertheim informed me that a Weedman franchise owner with almost 90,000 customers plans to market the product to his customers.

If the company is doing 10-11 tons/day of castings, or about 3500 tons/year, that translates easily into 2.2-2.8 million/year if they sell it from 600-800$/ton.  The ATI order of 250 tons was 150,000$, or 600$/ton, for example. One ton of the product will do 22,000 sq. ft of lawn at 10sq. ft/lb! That must be about 6-7 decent sized yards around the Toronto area. Does 100$ for the applied product seem reasonable to people who care about their lawns or who hire people to take care of them?

Anyone have any thoughts or experiences regarding FTE?