- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
June 3rd, 2007
Verutek Technologies cleans soil. StreamScape Minerals was supposed to dig valuable minerals out of it. But the two didn't come together over their connection to the land.
No, when Glastonbury-based Verutek last month acquired StreamScape, it was digging for something far more valuable than rights to eight unproven Canadian mineral mines: access to the publicly traded market.
StreamScape, a Nevada corporation formed to explore mine holding in British Columbia, had been traded on the Over The Counter Bulletin Board, the so-called "penny stock" market owned by Nasdaq, since 2004. It never turned a profit, but it was publicly traded.
Of course, Verutek has never made a profit either. Filings show the 14-person firm has lost $4.2 million since February 2006. But its co-founders, John Collins and George Hoag, believe they have revolutionary technologies that have a major impact on the ground remediation industry.
|Related News Press|
Forge Nano raises $20 million in Series A Funding: Nano coating technology innovator Forge Nano will use funding to expand manufacturing capacity and grow Lithium-Ion battery opportunities November 3rd, 2016
Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers
UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016
Quantum obstacle course changes material from superconductor to insulator December 1st, 2016
Throwing new light on printed organic solar cells December 1st, 2016