Roger Ballentine of China Energy Recovery (US:CGYV)

China Energy Recovery (CER), headquartered in Shanghai, is an international leader in designing, fabricating, implementing and servicing energy recovery systems. CER’s technology captures industrial waste energy to produce low cost electrical power, which enables industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate sellable emissions credits. CER’s systems are effective at reducing sulfur dioxide emissions, which are a leading cause of acid rain. CER has successfully installed over one hundred energy recovery systems both in China and internationally. Please download the latest corporate presentation here for a more detailed overview.

At 12/12/2008:

Market Cap:  $41.3 million (Based on 29.6MM shares outstanding)

Year High and Low:  High - $3.40 / Low - $0.95 (Tradable period since 9/09/08)

Management owns 70%.  Other shares are spread.

Current net income (Quarter ended 9/30/08):  $244,856

Current net income (LTM 9/30/08):  $1,639,956

Current Cash Balance (9/30/08):  $6,368,633

“The Company derives revenues principally from (a) sales of energy recovery systems, (b) provision of design services, and (c) provision of Engineering, Procurement and Construction (”EPC”) services, which are essentially turnkey contracts where the Company provides all services in the whole construction process from design, development, engineering, manufacturing to installation. In providing design services, the Company designs energy recovery systems and other related systems based on a customer’s requirements and the deliverable consists of engineering drawings. The customer may elect to engage the Company to manufacture the designed system or choose to present the Company’s drawings to other manufacturers for manufacturing and installation. In contrast, when providing EPC services, the customer is purchasing a turnkey energy recovery system and the Company is involved throughout the entire process from design to installation.”

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