Laserfiche WebLink
MOWS UY"RONMENTAL INC. . Tradiing Symbol: NY11S (HASAAQ, OTC111118) <br /> Suite 900 10900 N.E. 8 Avenue,Bellevue, :'Ua5hiugcon 98W4,Toll Free,Telephone(888) 874-1133 apse r�rcyc� II <br /> THE BUSINESS- <br /> Novus Environmental's primary business is to provide a desperately needed solution to the U.S. Government to <br /> economically dispose of billions and billions of scrap vehicle tires in a manner that is not harmful to the <br /> environment. <br /> Novus Environmental's recycling services may be expanded to other parts of North America, Europe and the nest of <br /> the world where tire recycling opportunities exist. Novus Environmental Inc_ expects ultimately to have hundreds of <br /> employees and revenues in excess of 700 million US$- <br /> THE SITUATION: <br /> Presently, there are over 3 billion scrap tires stored or dumped In above ground piles across the United States. <br /> Some of the stockpiles are of gigantic proportions. In addition, the U.S. generates approximately 260 million scrap <br /> tires each year. The stockpiles are constantly gnawing. Current scrap tire cdlectlon and disposal practices <br /> (stockpiles, burying, burning) present a substantial threat to human health and the environment New solutions are <br /> required if any progress is to be expected in eliminating the problem. <br /> U.S. GOVERNMENT LEGISLATION: <br /> On March 14,1997 the "1Natrite Tire Recycling, Abatement, and Disposal Act of 1997 'was introduced in the <br /> U.S. Senate_ Some of the important provisions of the Act are: <br /> • All waste tire dumps in the United States are closed and abated not later than 4 years after the date <br /> of enactment of the Act. <br /> All waste fire stockpiles are abated by not later than December 31, 2005. <br /> • Federal and State programs to finance activities that implement the Act <br /> Federal enforcement of the Act if States flail to implement Its provisions. <br /> On March 12,1997 the "Tire Pile Improvement and Remediation Effectiveness Act" was introduced in The <br /> House Of Representatives, The Act provides for Tire Grants for purposes of constructing fire lanes in, and <br /> removing tire piles containing 1 million or more tires. <br /> THE COMPANY: <br /> Novus Environmental Inc. principal asset is the unique technical knowledge concerning the conversion of scrap <br /> tires into commercially beneficial and profitable end use products. The technical knowledge centres on: <br /> 1_ The ability to shred entire scrap tires into small pieces by applying relatively uncomplicated, but <br /> unique, shredding methodologies. <br /> 2. Unique adhesive materials that will bind the shredded tire and other raw materials into a strong <br /> and durable finished product <br /> 3_ A proprietary formula of raw material inputs that will produce the desired end use product. <br /> THE PRODUCTS: <br /> Novus Environmental Inc. plans to offer four key entry-level products. <br /> • Erosion Control Block (ECB 1) 1'6"X 8" X 12" <br /> • Erosian Control Block (ECB 2) 1'8"X I'S'X 3' <br /> • Freeway Sign Posts 6°X 6"X 10' <br /> Type C Traffic Curb <br /> Product benefits include extreme strength, corrosion resistance, unlimited life, <br /> environmentally non-threatening and recyclable at a cost comparable to altemative products_ <br /> Incorporated in the State of Dclnwwce,USA_ Transfer Agent:Signature Stock Transfer Inc. 75,400,000 Common Shares Authorized <br /> 20,480,000 Common Shares issued 15,000,000 Bear Restr'iceive Legwds under ruic 144 5,480,000 No Restrictive Legends <br /> ?WcIni2 <br /> All Rights Rcxrvcd <br />