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Bullboard - Stock Discussion Forum International Bio Recovery Corporation V.IBR

TSXV:IBR - Post Discussion

International Bio Recovery Corporation > "telling it like it is"
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Post by spacespot501 on Mar 11, 2007 7:00pm

"telling it like it is"

Oh, that wonderful Whiteguy. Always there to amuse us with words of wisdom. Nothing based on fact. Buckets of bacteria by his side. Frustrated by the likes of a Howard Cosell wanna-be who stands proudly by his beloved IBR and their 'special bacteria'. Oh, if he could rid the world of this failure of a company. To see it waste away to nothingness. To dissolve to obscurity.... but wait... yet more to digest. Oh, the sorrow. HERE IS WHAT HAPPENS AT THE VANCOUVER DEMONTRATION PLANT SO THAT THERE ARE NO MISUNDERSTANDINGS. The following paragraphs were taken from: Food Diversion Report Vancouver Food Policy Council May 13 2006 "Case Study: Superior Disposal Superior Disposal Ltd is a waste management company in Burnaby that picks up 3 streams of waste: organic; garbage; and recycling from Vancouver and Richmond, and occasionally from Maple Ridge. Servicing just over 100 clients, Superior picks up clean organic waste mainly from hotels, restaurants, produce markets and coffee shops. They also service one Government building and a few industrial product facilities. All organic waste, except coffee grounds, is taken to the International Biorecovery plant in North Vancouver. Superior will pick up organic waste in any volume with no minimum pick up requirement. The cost associated with this service is based on weight, on top of a flat fee. In general, restaurants tend to have heavier organic waste than produce markets (25% less weight). There is a discounted rate for customers that use Superior for all 3 services. Superior can provide businesses with a range of collection bin options to help accommodate storage issues. Superior has no problems servicing downtown alleys as they would for their regular garbage pick-up. Superior has been in business for about 9 years. They have not experienced real barriers to their operations such as odour complaints, capacity, regulations etc. Case Study: International BioRecovery (Processing) The International Biorecovery (IBR) plant is a single demonstration plant, located in North Vancouver. IBR processes over 30 tonnes/day of biodegradable food waste with and expected increase of 50-75% in May due to a plant expansion1. IBR produces over 3 tonnes/day of SG-100 (solid granular for commercial production) and over 60 litres/day of LC-200 (liquid concentrate), with a semi-continuous process, with operator monitor and control operating 24 hours/day, 7 days/week2. Organic waste is obtained by multiple drop offs per day from Superior Disposal Ltd. Superior pays IBR a tipping fee of $25 a tonne to dispose of organic waste3. Superior is the main waste management company used because they generally supply the daily capacity of 100 tons or waste4. Now with IBR’s enhanced autogenous thermophilic aerobic digestion technology, biodegradable waste can be converted into environmentally safe soil fertility products in 2-5 days. Using naturally occurring thermophilic bacteria, IBR’s technology converts organic waste into high quality, pathogen-free, environmentally progressive soil fertility products for use in commercial agricultural, horticultural and turf markets." This study is available from the City of Vancouver website.
Comment by OnTheIce on Mar 12, 2007 12:41am
IBR processes over 30 tonnes/day of biodegradable food waste with and expected increase of 50-75% in May due to a plant expansion1. Really!!!!Anybody have the true numbers to verify this??? I have some questions.... Lets play shall we. IBR produces over 3 tonnes/day of SG-100 (solid granular for commercial production) and over 60 litres/day of LC-200 (liquid concentrate), with a semi ...more  
Comment by OnTheIce on Mar 12, 2007 12:58am
Comparison of the three months ended Dec. 31, 2006 to the three months ended Dec. 31, 2005 During the current three month period, the Company’s revenue was generated from tipping fees of $12,659. In the three months ended December 31, 2005, revenues of $11,527 were also entirely from tipping fees. HMMMMMMMMMMMMM I don't think were in Kansas anymore TOTO Ice
Comment by spacespot501 on Mar 12, 2007 1:40pm
Something is wrong, isn't it? The report either is incorrect or revenue is being incorrectly recorded. You are right and this is cause for concern. What are the real numbers? Why doesn't this company post it's recent finacials as a news release? I am on your side on this one. It's time to make a phone call! $25 per Tonne TIMES 30 Tonnes per day is $15,000 per month assuming a 5 ...more  
Comment by OnTheIce on Mar 12, 2007 4:26pm
Don't waste the quarter on the call. wait and buy the company with it. Ice
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