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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Bullboard Posts
Comment by goldsternpon Jan 31, 2010 5:12am
267 Views
Post# 16736850

RE: RE: RE: The Future for Bennett

RE: RE: RE: The Future for BennettHudson River cleanup has been deferred for a year while they look at ways to reduce downstream contamination from dredging operations. I had some correspondence with the Hudson River project manager who pointed out that burying is much cheaper than thermal remediation but then in the same breath said that GE is paying the bill. She even pointed out if burying doesn't work it can always be dug up again !! It is odd that the EPA  didn't  insist on a permanent solution. Environmental organizations are not happy with burial option so there is some room for Bennett to sell its capabilities. The EPA seems to have the authority to allow trans border shipment of PCBs from the US even though there is a law prohibiting such.

Rather than annoy the project manager I thought it better to pass the information on to Bennett and hopefully they have established a dialogue ?

The November 2009 press release from Lakeside Steel says, "Lakeside is implementing a plan to dispose of its PCB waste prior to itsfiscal year end at March 31, 2009, and eliminate the related environmentalliability on its balance sheet. As a result of this plan, and latestestimates, the Company reduced its environmental liability by $1,400,000 to$6,600,000 for the period ended September 30, 2009." I think they mean't March 31, 2010. Wonder if they still have the same time line and if they do then Bennett would have had the contract by now if they got it?
Bullboard Posts