EMHI Builds Infrastructure Seeking to Enter Energy Industry Emissions and Remediation Markets
15 April 2011 - 5:07AM
Marketwired
East Morgan Holdings, Inc (PINKSHEETS: EMHI) reports that efforts
continue to seek out energy industry and other manufacturing
companies in need of the patented IFS-2c and other IFS
Technologies, which are under an impending contract to be acquired
from Solucorp Industries Ltd.
The number of companies which could utilize the IFS-2c and other
IFS technologies and the annual size of the markets are staggering
and in the billions of dollars annually. EMHI in conjunction with
its consulting engineering company, MSE Technologies Applications,
have successfully integrated the Company's IFS process technology
into an energy company's product and expect to receive a $1.7
million intellectual property payout in 2011. Royalty payments of
$1.5 million per year and chemical sales revenues are also expected
to commence in 2011.
EMHI has been in negotiations with the U.S. military through its
agent, retired Colonel Sandy Pogue, to infuse the IFS-2c coal
burning power plant mercury and other metals remediation system
into working power plants located at Forts Hood and Bliss in order
to document the cost effectiveness associated with mercury removal
from coal burning power plants stacks and reconfirm the remediation
of the contaminated ash by-product. The process to integrate the
system into the power plants has already been approved by the
Council of Colonels at (Fort Hood), and the Army 3rd Core. Final
approval is currently in the hands of Forscom Headquarters. Colonel
Pouge has already informed us that Solucorp's Preferred Customer
listings with all the branches of the Military are being
re-activated and all energy related products and processes will be
re-attributed to EMHI.
The IFS-2c has already proven its ability to remove both ionic
and elemental mercury, sufficient to meet impending, stringent
clean air regulations previously considered by the power plant
industry as cost prohibitive and non-attainable. Tests were
conducted by Energy & Environmental Research Center and Babcock
and Wilcox and other prominent industry companies. The power plant
air emissions remediation market in the U.S. is estimated to be
about $15 billion annually and about the same in Europe.
On August 6, 2010 the EPA issued amendments to the Portland
cement manufacturing regulations and new source performance
standards. The amendment was set in place to reduce annual mercury
emissions by an estimated 92 percent. Existing kilns must comply
within three years of this rule. New kilns built after May 2009
must comply at startup or within sixty days after the rule is
published. There are an estimated 181 Portland cement kilns that
will be operating at 100 different facilities throughout the United
States by 2013. The amended air toxic requirements will apply to
158 of those kilns. The cement industry is the third largest
producer of mercury emissions in the U.S.
The Company through the use of its technologies has the ability
to not only reduce elemental and ionic mercury in flue gas
emissions, as discussed in a press release dated July 24, 2008, but
it can also remediate any other heavy metal contaminated waste
streams that are present. These technologies have already been
proven extremely effective in coal-fired power plants. The Company
intends to contact all of the cement plants affected by these
regulations and is currently working with a cement plant to design
a system, which will meet both the revised ash and impending air
emissions regulations by injecting the IFS-2c technology into its
manufacturing process.
EMHI intends to actively pursue its newly purchased IFS battery
technology which was featured in the Battery and EV Technology
publication. An excerpt from the article follows: "A new
environmental technology can prevent toxic metals from batteries
and other products from leaching into soils and water. Solucorp
Industries, Inc. has developed a technology called Integrated
Fixation Systems (IFS) that works with the company's Molecular
Bonding System (MBS) so that chemicals reagents that chemically
bind heavy metals in contaminated soil can now be incorporated into
lead acid and nickel cadmium batteries, as well as other products
at the time they are made."
EMHI has entered into an agreement with Global Technologies
Group (PINKSHEETS: GTGP) Inc. to utilize Global and their partner
companies and licensors, MSE Technology Applications, Inc and M2
Polymer to penetrate the energy markets via the group's broad
contacts in all aspects of the uses for the EMHI patents. Global,
MSE and M2 Polymer have been working with the MBS process and they
are familiar with the MBS viability for use as a heavy metals
treatment. Global will use its best efforts to bring the various
uses to the combined companies and their contacts as well.
EMHI has filed a registration statement for its securities with
the SEC. Upon approval, it will clear the way for fulfillment of
the Company's plan to apply for a listing on a National Stock
Exchange. The Company currently trades on the electronic Pink
Sheets. The Company has identified a prominent Board of Directors
and President, who have accepted their positions upon receipt of an
Officers and Directors Liability Policy and finalization of
impending contracts.
The foregoing discussion contains forward-looking statements,
which are based on current expectations. Actual results, including
the outcome of demonstration results, timing and amount of revenues
recognized, contracts awarded and performed and net income may
differ due to such factors as: delays in payment on contracts due
to dealings with governmental and foreign entities; fluctuations in
operating costs associated with changes in project specifications;
economic and other conditions affecting the ability of prospective
clients to finance projects; and other risks generally affecting
the financing of projects. Investors are cautioned to perform a
proper due diligence and consult-licensed professionals prior to
making an investment decision.
Contact: Rich Runco (954)-380-4600
East Morgan (CE) (USOTC:EMHI)
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