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ABTECH Holdings - Something worth watching


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2013 Jul 2, 6:00am   1,687 views  2 comments

by AverageBear   ➕follow (1)   💰tip   ignore  

Google 'Abtech SmartSponge'... They have developed this 'material' that can remove 99+% of hydrocarbons from water runoff, 'fracked' water... Partnered w/ Waste Management for their cozy relationship w/ municipalities, trying to win contracts for the upcoming Federal water mandates that towns/cities will, or are facing... Just won their first contract for $12 million... Hopefully has 'broken the seal' for more deals coming in the near future... I'm about to break even, and looking forward to a possible 'multi-bagger'.....

http://finance.yahoo.com/news/abtech-holdings-awarded-stormwater-system-180343486.html

http://seekingalpha.com/article/1029641-fracked-water-meet-smartsponge

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1   New Renter   2013 Jul 2, 7:10am  

I'd verify this filtering method to be substantially superior to existing methods:

Activated carbon filters
Particulate filters
Evaporation pools
Bioremediation
Flocculation

If Abtech can filter polluted water better/faster/cheaper then great.

2   AverageBear   2013 Jul 2, 10:36am  

We'll know soon enough if their patent portfolio and the razor/razor-blade business model works out for them or not.

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