Over the past two weeks, a significant amount of negative press has been generated around the signing of a memorandum of understanding between our company, Natural Globe Resource Guyana Inc. and the Ministry of Local Government. Subsequent speculation and misinformation by certain members of the fifth estate in this country has resulted in the Ministry retracting this Memorandum.
At the outset, it must be understood that this was exactly as stated, a Memorandum of Understanding, and as such contained no contractual commitment on the part of either of the parties. Rather it was a document clearly stating the terms and conditions necessary to affect a mutual agreement between the two parties and the time line to complete an end agreement.
Natural Globe, along with eight other entities, was asked to submit proposals for consideration to mitigate what is universally accepted as a serious waste disposal issue. All the proposals were duly investigated and our proposal was chosen based entirely on its merit, and, presumably, by the fact that the Natural Globe proposal was the only one studied that had no financial impact on the taxpayers. The proposal is predicated on the ability to be entirely self-sufficient.
At no time during this process was any value received by neither any of the officials of the Ministry nor any political party members to assure an advantage or acceptance of our proposal.
With reference with newspapers publications that have sought to make allegations that the Minister of Human Services and Social Security, Jennifer Webster, was somehow involved with Natural Globe and had a hand in the acceptance of our proposal. By her own admission and her statement to the press, this is clearly not the case.
Her daughter, Andriana Webster, currently working in Canada, has worked with us in her capacity of an IT specialist. Ms. Webster is exceptionally good at what she does and as such, is a valued associate. Ms. Webster was a director of Natural Globe Guyana Inc. but was not a shareholder nor had she any financial involvement in the company. Ms. Webster has subsequently resigned from the company. The speculation that her involvement had any impact on the granting of the Memorandum or that she had access to the kind of investment needed is absurd.
By virtue of the emerging technologies around waste disposal and the conversion of such to saleable product, would dictate that any proposal of this nature must include a non-disclosure agreement between the parties involved. The competitive nature of the industry is such that any agreement and disclosure of the technology be available only to those parties to this non-disclosure agreement. This is only sound business practise.
It is reasonable to assume that one entity does not have the needed resources to complete a project of this magnitude on their own. Natural Globe indeed has assembled this proposal based upon the collaborative efforts of many; some of which are coming to the table with proprietary technologies. Over the past few days, we have been given permission to publically disclose who these partners are.
It should be mentioned at this juncture that we take keen exception to the perceived need to take this action. We were asked to submit a proposal, through normal channels, and have done so lawfully with no malice of intent nor expectation of unlawful gain. Additionally, we have provided the Government Agencies with everything they have asked for to allow them to do their due diligence around full disclosure under the umbrella of a non-disclosure agreement. In other words, we have followed the rules and still we are in the position of justifying our proposal, and our integrity, in a public forum. We are of firm view that it is absolutely necessary to put an end to the rampant and predatory speculation that is currently being published.
For any endeavour to succeed, the public’s support and assistance is required in remedying an intractable issue around waste management. It must be a collaborative effort with input from all who are affected. It is our intention to involve the public at all stages in this project. Any waste management project, regardless of the methodology utilized, is predicated on public support or it is doomed to failure. We truly believe we have a solution to the seemingly insurmountable problems surrounding this issue and we are doing it in an environmentally responsible manner and with no direct financial input from the taxpayer.
This project is entirely self-sufficient and will derive revenue from the recycling of waste into saleable products. Not only does the project create jobs directly, but additional employment will be created through local manufacturing facilities set up to process this recycled material. The project will be financed internally through a private equity investment program. We are not asking, nor do we expect, any contributions from the public purse. This is purely a business opportunity with normal expectations of profitability.
The following companies and individuals will partner directly with Natural Globe Resource Guyana Inc. on this project:
The Anavitas Group Inc.: An innovative company dedicated to Energy Conservation and Alternative Energy technologies. Anavitas is heavily involved in research and development around environmentally responsible “Waste to By-Product” and “Waste to Energy” technologies with collaborations with the University of Guelph and Sir Wilfred Laurier University.
Seberras Engineering Inc.: A Canadian engineering firm with solid experience in large industrial applications and innovative production facility designs.
Mogford Enterprises Inc.: A Canadian business consultancy company that has experience in Tire recycling operations and establishing business operating systems.
Dan Dorey: A former Managing Partner for Envirotherm Manufacturing that built and installed separating systems for waste streams. The waste was processed through fiberizers, pelletizers and a working model for a pyrolysis energy from waste system was also developed.
In addition to the above, we have established working relationships and affiliations with the following:
Tadger Group International Inc
Innovation Brant Corporation
Anavitas Brant Inc
