Jun 12 2005
On the surface, Energy and Asset Technology, Inc.'s objective appears to be the same as most other publicly traded companies: Increase shareholder value by marketing revenue-generating products, technologies and services to worldwide markets. However, if you take a close look at the exciting new products, technologies and services that EGTY is introducing to the marketplace, it becomes clear that this is no ordinary company.
The first two products and technologies offered by EGTY are designed to produce revenue, and at the same time preserve the Earth's resources and make them more efficient.
First, EGTY owns the global license to more than 27 varieties of fast-growing hardwood trees for timber. The fast-growing EGTY trees mature for lumber harvesting in 9 to 12 years instead of the usual 60 to 80. Based on its current resources and agreements, EGTY projects revenues of $140 million with an approximate profit margin of 40% for each 9-year tree cycle.
The timber product, known as Global Cedar trees, are ready for lumber quickly because the root system is left in place and the new Global Cedar trees grow directly out of the remaining tree stump. Normally, when trees are cut down for lumber, they must have their tree stump pulled out of the ground to prepare for the planting of a new seedling.
Second, under an exclusive agreement, EGTY plans to manufacture and market a simple magnetic device that enhances the efficiency of AC and DC motors. It is anticipated that the FluxStar Magnetic Source of Power will provide an alternative source of energy and power for homes from around the world. The objective of this technology is to eventually eliminate utility bills for the end user.
As the need and demand for lumber and alternative energy sources continues to increase, EGTY's two powerful products should create revenue growth at an unprecedented rate for the company. The goal of EGTY is to own marketing and manufacturing rights to products and assets needed on a global basis by every family, thus increasing revenues for shareholder value.
Posted June 13th