Milianno, Hawaii (PressExposure) June 30, 2011 -- By engineering the System to process an even wider variety of waste inputs, the Company can expand its business beyond landfill clean up and management to an even broader range of commercial industries that also generate and manage high volumes of waste product. TransGlobal Assets can now provide solutions for, and generate clean energy from:
Commercial poultry, swine and livestock production
Wood, plastic, glass, metal and rubber refuse (including tires)
Coal and coal waste byproduct
Textiles and leather manufacturing debris
Yard and garden debris and more.
"Not only has this design enhancement expanded our market exponentially, it has opened up avenues for revenue beyond the already enormous industry of municipal solid waste management," says Paul Thompson, Vice President of Investor Relations for TransGlobal Assets. "In short order, we expect to more than double our original revenue estimates in sales, leasing, and Company managed systems."
As a result of the design enhancements, the Company intends to initially expand into four additional industries beyond Municipal Solid Waste management. The Company conservatively projects a five-fold increase in the number of units sold, leased or operated as a result of the expansion. At present, the Company holds Letters of Intent to purchase eight 1-MW units for MSW processing. The units are expected to generate revenues over $48M USD. Based on its current purchase commitments within one industry, the expansion across five industries could realistically increase revenues from $48M USD to $240M USD.
Furthermore, other commercial and civic entities have expressed interest in purchasing 37 additional biomass systems for MSW processing and landfill clean up. Revenues from those sales could reach $270M USD. Based on current expressed interest and the additional industries which have been made available with this new technology, TransGlobal Assets will establish itself as a leader in this multi-billion dollar renewable energy market and make a significant positive impact on the environment.
About TransGlobal Assets, Inc.: TransGlobal Assets, Inc. is a rapidly evolving global holding corporation strategically poised to build a multi-billion dollar asset base within diverse industries around the world. The Company's initial emphasis is on Renewable Energy Ventures, Resort and Hospitality Properties, Senior-Related Services, Commercial Real Estate, select Manufacturing, and beyond. To learn more about TransGlobal Assets, Inc., please visit: http://www.tmshglobal.com/