Knobias ClipReport (7-23-2007)
Submitted from Small Cap Stocks
Submitted from Knobias ClipReport
Catalyx Fluid Solutions, a division of RG Global Lifestyles, Inc. (RGBL), recently signed a five-year contract with a top 30 U.S. natural gas production company. RG Global will construct and operate a water treatment plant employing RG Global’s proprietary ion exchange technology that will remove contaminants from the produced water associated with coal bed methane production. The project will be implemented in three phases, each phase generating $6.8-7.0 million over five years. The first phase is expected to be operational in seven to eight months, with all three phases expected to be completed within 18 months, resulting in a total revenue stream of $20-22 million over the length of the contract.
