Executive Summary
Executive Summary
Executive Summary
2. It will help meet the growing demand for organic soil enhancers and fertilizers.
The material that will be recycled is human waste sludge.
Mid-Atlantic Recycling is entering a niche market in that human waste sludge has not
been recycled on any sizeable scale in West Virginia or the Mid-Atlantic region. This
is a unique and viable concept that addresses the needs of various customers and
reaches an untapped market with tremendous growth potential.
One of the most attractive aspects is that the business is projected to attain a strong
cash position and achieve profitability in the first year of operation. Due to a large
need for these products and services, and a lack of direct competition, our projection
of quick profitability is attainable.
Our in-depth research pertaining to human waste's positive soil enhancement
characteristics and its many potential uses is well advanced. The concept has been
tested on a small scale and the results, upon analysis, were found to be a high quality
compost. Research will be an ongoing process for the company; one particular area of
interest is the possibility of qualifying the product as a fertilizer. In this case, the
profitability of the product would nearly double. Mid-Atlantic Recycling is working
with the West Virginia University Cooperative Extension Service to investigate the
feasibility of selling the material as fertilizer.
We already have an advance order for 500 tons, and one fertilizer manufacturer and a
large landscaper have committed to purchasing 600 tons of our product annually.
Additionally, various municipalities have expressed keen interest in paying us to
accept their waste.