Recent mention ABHD consolidating after yesterdays washout to .50 / snapback...Will start to monitor for a higher low. .60 ......Really think they stand to benefit significantly from their alliance with Waste Management...
| Last Trade: | 0.63 |
|---|---|
| Trade Time: | 11:56AM EDT |
| Change: |  0.02 (3.08%) |
Waste Management has looked at the ENTIRE stormwater industry for years … and has selected AbTech’s Smart Sponge as the solution it will bring to dozens, then hundreds, then THOUSANDS of municipalities throughout the United States.
Recall Comments we shared from Colleagues at NBT.....Going to be interesting in upcoming ABHD earnings to see how the deal will reflect....
Recall Comments we shared from Colleagues at NBT.....Going to be interesting in upcoming ABHD earnings to see how the deal will reflect....
NBT Take: This agreement is a GAME-changer for AbTech. This is consummation of two YEARS of negotiations and planning with WM, according to our interview with CEO Glenn Rink. This agreement looks to scale to a nationwide program of “privatizing” stormwater pollution control.
NBT will work with ABHD to model the revenue and earnings forecast for this contract. But preliminary numbers we are working up indicate $100M+ in ANNUAL revenues as WM becomes the leader in privatized stormwater pollution management…
Congrats to Glenn and his team … it has been a LONG LONG haul to get to this transformative day!
NBT will work with ABHD to model the revenue and earnings forecast for this contract. But preliminary numbers we are working up indicate $100M+ in ANNUAL revenues as WM becomes the leader in privatized stormwater pollution management…
Congrats to Glenn and his team … it has been a LONG LONG haul to get to this transformative day!
