James Hodgins
RDX Technologies Corp
RDX-X
BUY
Oct 20, 2011
Provide services into fracing for natural gas horizontal drilling. Even with low natural gas prices, the economics of the space are still quite favourable. This company has done a really nice job of growing your business.
Has developed a technology that has mobile water purification plants. Specifically targeting the fracing industry as well as the SAGD operations in the oil sands. ( A key concern over fracing operations is the chemical waste water that they pump through could leak into general water supply.) Expects real exponential growth.
History of cleaning water from the Fracing industry. He just got a call today from a research company who believes this company has got something going very well with one of their processes and moving through to a more profitable level. He still has to research it himself.
Unique water treatment processing onsite for fracking operations. He was interested a few years ago. Structural issues within the company caused him to sell.
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