Share Name Share Symbol Market Type Share ISIN Share Description
Vert-Eco LSE:VRT London Ordinary Share GB00B02FJF09 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0.00

Vert-Eco Share Discussion Threads

Showing 1 to 16 of 25 messages
Chat Pages: 1
DateSubjectAuthorDiscuss
17/12/2004
16:25
foots, only 14 posts to read m8. Refer to VTI thread 4 more info.
scaleyman
17/12/2004
15:37
Does someone know what's going on here?
fromoutoftheshadows
01/12/2004
21:23
No, but your the only one talking m8. The rest of us just lurking! :-) R u running VTD & VTI in tandem?
scaleyman
01/12/2004
19:47
Am I the only one on this post
sagem
01/12/2004
06:33
HYDRODEC NOW OWNED BY VERT-ECO ABOUT THE TECHNOLOGY The HydroDec Technology has a number of key advantages; in particular, it is able to: > Recycle and re-refine used and contaminated transformer oils; and > Destroy a wide range of POPs (e.g. PCB, DDT, PCP, HCB and dioxins) which are considered to be hazardous. A significant benefit of the process is that it makes the formation of dioxins totally impossible and there is virtually no consequential environmental damage as the POPs are harmlessly dissipated. To date, the HydroDec Technology has been used principally to treat contaminated transformer oil, but Virotec considers that there are many wide reaching further applications. BACKGROUND TO HYDRODEC HydroDec was incorporated in 2000 as a wholly owned subsidiary of Virotec International Ltd upon the Directors decision to commercialise the HydroDec Technology, which is an oil re-refining process designed to remove harmful contaminants, such as PCBs. The HydroDec Technology is based on intellectual property comprising protected patents in Australia and certain other jurisdictions, and was developed by the Commonwealth Scientific and Industrial Research Organisation of Australia. HydroDec has entered into an exclusive global licence with CSIRO for the marketing and distribution of the HydroDec Technology. At the current time, HydroDec operates one small plant in Australia under the Joint Venture Agreement with Oil Treatment Services Pty Ltd. ABOUT THE HYDRODEC SALE On 25 November 2004, Virotec announced that the Company had entered into an Agreement for the sale of its HydroDec Technology. The agreement is conditional on the purchaser, Vert-Eco Group plc ("VRT" London Stock Exchange), receiving shareholder approval for the purchase. The key aspects of the agreement are: Consideration of approximately $18 Million (£7.0 Million) to be satisfied by: (a) The issue of 60,000,000 shares in VRT to Virotec at 10 pence per share, (which will represent approximately 38% of the expanded capital of VRT). The shares will be issued upon completion of the Transaction (b) The payment of $1.26 Million (£0.5 Million) in cash to Virotec,and (c) The payment of $1.26 Million (£0.5Million) in cash to Virotec for the monies invested to date in HydroDec technology, which is the current book value of the asset
sagem
28/11/2004
06:21
But the news on HydroDec, its new product that cleans polluted oil, is encouraging. Tests suggest that cleaned-up lubricants can be reused up to five times - just the job with crude oil prices above $40. Giant BP Castrol is taking a look at the process. That should help Virotec but is even better news for Vert-Eco (10¼p), the shell company floated by ex-moneybroker John Gunn and serial investor Nigel Wray. Vert-Eco has agreed to buy HydroDec for £7m, made up of an issue of new shares to Virotec plus a dash of cash. HydroDec is talking confidently of a major expansion of its manufacturing plant
sagem
27/11/2004
20:09
B.P have shown interest in this technology and would create a huge increase in the share price when this is announced. Buying now is at the most bottom of the price.........expect some large increases over the next few weeks.
sagem
25/11/2004
07:20
MORE INFORMATION, THIS COMPANY HAS HUGE POTENTIAL Notes on the HydroDecTM Technology: HydroDecTM technology was developed over 12 years by Australia's Commonwealth Scientific and Industrial Research Organization ('CSIRO'). The fundamental key to HydroDec's success is the HydroDec hydrogenation reactor (a patented modification of known oil refining technology). Essentially, 'dirty' feed oil is passed through the HydroDec reactor under controlled conditions, contaminants are destroyed, and a 'clean' feed oil is produced. The reactor can be used as an oil re-refining system and/or a hazardous waste treatment system to destroy Persistant Organic Pollutants 'POPS' (PCB, DDT, PCP, HCB and dioxins). When used to re-refine transformer oils, the re-refined HydroDec Superfine oil meets 'as new' specifications. When used to destroy POP's, all POP's can be treated and virtually all the POP contaminant is destroyed. In operation, there are no chlorinated or halogenated products or noxious by products from the process. The primary reactions occur in a closed loop. There are no combustion processes and no potential hazardous emission points from the process. Unlike incineration, the HydroDec process prevents the formation of dioxins or other hazardous by products. Being based upon standard oil refinery hydrotreatment processes and engineering, HydroDec's process parameters are proven, reliable and scalable. HydroDec Development Corporation Pty Ltd is the holder of a world wide exclusive licence for marketing and distribution of the HydroDecTM Technology.
sagem
24/11/2004
14:53
RESPONSIBLE....WHY on earth did you sell...this company has huge potential.
sagem
24/11/2004
13:05
Just sold all mine at a loss, but got 12.5 and 12.62p today.
responsible lad
24/11/2004
08:45
LEVEL2 UPDATE 3 on BID and 1 on the ASK. Looks like we have a cotinual rising trend here.
responsible lad
23/11/2004
10:48
VTI get a 5% royalty. perhaps VRT should buy the rest of VTI. They may be better at comercialising the technology and not just paying themselves wedge like VTI's directors do. from RNS... " Following completion, a 5% royalty will be paid to Virotec on turnover derived by Vert-eco from the HydroDecTM technology and a further 5% will be paid to CSIRO (Commonwealth Scientific & Industrial Research Organisation, Australia)."
eibbor
23/11/2004
10:26
my question is, the deal was announced some time ago (1st Oct ) and it looks like it coud be finalised now, why is Virotec selling this if it has this potential??.. or are VTI getting royalties??
guppyworld
23/11/2004
10:10
Sagem, has the HydroDeck deal been done then, leaked?? VTI up too this morning.
scaleyman
23/11/2004
09:45
Sagem... got some yesterday at just under 11p. If you're interested in what VRT do, take a look at Compact Power (CPO). Well worth watching IMO. If they secure funding, 2005 should be a good year.
jdhurry
22/11/2004
11:10
This company is buying the technology to convert dirty used oil into fresh clean oil........the technology can do this at least 5 times. Consider the potential now that oil is 54 dollers per barrel and rising, apart from oil being in very short supply and the World is running out of oil.
sagem
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