|
Get Financial Filings and Annual Reports for Companies featured on TWST from EasyReports.net
TWST: May we begin with a brief overview of Startech and a brief history
of the company?
Mr. Longo: Startech Environmental Corporation is a publicly traded
company, whose symbol is STHK, currently on the bulletin board and it's
a company now commercializing its proprietary plasma processing
technology, we call the Plasma Converter. TWST: Which you are the co-developer?
Mr. Longo: Yes, I am the co-developer. It is important to note that
while this system has many patentable innovations, there is not just one
overall innovation embodied in a single patent. It's the sort of
technology that is a bit like the airplane, most of the innovations
developed empirically over the years to bring us to the robust system we
now call the Plasma Converter. TWST: Can you explain to our readers exactly what a Plasma Converter
system is? Actually, what is plasma, because everyone thinks of blood
when you think of plasma, right?
Mr. Longo: Yes, there was a time when people thought Startech, because
of plasma, must have something to do with blood research. We had a
writer one time that added to the confusion by saying that plasma is the
life blood of the universe. 99 percent of all the material in the
universe is in fact, comprised of plasma. Plasmas are gaseous materials
that are excellent conductors of electricity. Lightening is a good
example of a plasma. Essentially, we produce a lightening like arc of
electricity in the Plasma Converter's vessel. We do that by running air
past electrodes that cause the electrons to be stripped off the air.
This allows the air to become a conductor of electricity. That's the
plasma. By the insertion of electricity into that plasma air conductor,
we produce an arc that exists at extremely high temperatures, three
times hotter than the surface temperature of the sun in fact. The
transfer of that radiant energy to the materials in the vessel destroys
the molecular constructions of those materials. It doesn't matter is
that material is vanilla ice cream or cyanide, they are coming apart at
the molecular level. Basically, what we do is destroy troublesome
materials safely and irreversibly and at a very low cost.
Tickers included in this excerpt:
For more information call (212) 952 7400. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
|
|
 |
