MIRAMAR BEACH, Fla., June 18 /PRNewswire-FirstCall/ -- NuEarth Corporation (Pink Sheets: NUEC) ("NuEarth"), a US based manufacturer and marketer of "Clean & Green" products and technology, announced today that Mr. Levi Modelevi, the new President and Chief Executive Officer has completed his first media interview on the Company's focus and future. Modelevi will focus on new product development and manufacturing as NuEarth Corporation rapidly approaches US market introduction of its revolutionary AquaSolv and AB Tech Cleaners and Strippers.
1. Can you give us a brief overview of the Company, what you do, and your target markets?
Modelevi: "Sure, as a Company we have developed three main product lines. NuSoil-a very unique organic fertilizer; AquaSolv-a completely biodegradable and unique family of PAM's; and our new biodegradable cleaners and Stripers.
Our AquaSolv product line is our main market penetration target with its AquaSolv-water retention product; DustBlock-dust inhibitor; RoadBinder-soil stabilizer; AquaCarrier-pesticide and herbicide carrier; and our new AquaFrac-environmentally safe and completely biodegradable drilling and fracturing solution."
2. Is the Company currently capitalized to achieve its strategic objectives through the next 12 months?
Modelevi: "We are financially sound and very well supported by our largest shareholder the Avalon Group Ltd. The Company has a very aggressive growth strategy that I have been tasked to implement and we our focused on developing the needed structure to be successful."
3. What are some trends in the market that you think bolster the Company's prospects for near-term growth? (6-12 months) And has the Company laid the groundwork for long-term growth?
Modelevi: "The world markets are definitely moving strongly toward environmentally safer products. We are positioned with all three-product lines to take advantage of this environmentally sensitive move toward "Cleaner and Greener" products. Our NuSoil fertilizer is 100% organic; AquaSolv is the ONLY non-petroleum based PAM in production; and our new cleaners and paint strippers are truly 100% biodegradable and environmentally safe.
Our target markets are dominated by smaller, under capitalized competitors – NuEarth has developed superior products and is financially stronger and very well supported. These facts should allow us to gain market share and ultimately dominate these niche markets."
4. Do you believe your current stock price accurately reflects your company's investment potential over the next 12 months?
Modelevi: "Our current stock price of $0.08 per share is considerably under valued and well below our calculated EPS. With our current net earnings, our EPS is in excess of $0.21 per share. This gives the investment community a unique opportunity to evaluate and study our Company and potentially benefit from their efforts."
5. In your opinion, what are the 3 reasons why investors should own your stock?
Modelevi: "Our product, staff and market potential. Our products are environmentally safe and superior to what is currently on the market in their targeted areas. Our staff is growing, professional and well supported. Finally, the market potential for the product groups represent more than $980 billion. A small market penetration will yield large financial returns for the company."
6. Tell us about the Company's management team.
Modelevi: "The team has more than 90 years of research and development experience in PAM's, organic chemistry and computer modeling for the agricultural and environmental industries. We have 9 PhD's on staff with TerraSolv our laboratory business division and we are continually researching different uses and industries that our product can make a difference.
An example of this is the recent development and launch of the AquaFrac product for the emerging oil and natural gas shale drilling and exploration industry. This product brings to the industry the first 100% environmentally safe and biodegradable fracturing solution."
7. What are some milestones over the next 12-18 months that investors should watch for?
Modelevi: "We are growing fast, and the milestones set by the Company are strategic in scope. The relocation from Italy of our laboratory service division - TerraSolv; The development of a US based manufacturing facility; development of a retail market for our products; and finally the expansion of our marketing and sales staff."
8. Do you have any additional closing comments for potential investors?
Modelevi: "I am thrilled to be joining NuEarth at such an exciting and critical phase of the company's development, NuEarth's AquaSolv technology has the potential to revolutionize the water retention, dust control and drilling markets, and the AB Tech Cleaners and Strippers will bring a "Clean & Green" technology that will replace more hazardous solutions in various industry cleaning applications. I'm looking forward to taking NuEarth into the next phase of its development."
9. Does the Company have a website where investors can get more information?
10. What is the key message you would like to send to the investment community?
Modelevi: "NuEarth is US based manufacturer and marketer of "Clean & Green" products and technology with a very aggressive growth strategy over the next 18 months.
Our products are uniquely positioned to take advantage of the move toward environmentally sensitive products worldwide. Our target markets are dominated by smaller, under capitalized competitors – while NuEarth has developed superior products and is financially stronger and very well supported. These facts should allow us to gain market share and ultimately dominate these niche markets."
"Our current stock price is considerably under valued giving the investment community a unique opportunity to benefit from their efforts. The management team has more than 90 years of research and development experience with 9 PhD's on staff. I am thrilled to be joining NuEarth at such an exciting time, and I'm looking forward to taking NuEarth into the next phase of its development."
NuEarth is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about NuEarth and its product offerings visit us on the web at www.nuearthcorp.com
This press release contains forward-looking statements regarding NuEarth within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting NuEarth. Forward-looking statements speak only as of the date on which they are made and NuEarth undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.
SOURCE NuEarth Corporation