Objective

Many landfills across the country are closing their remaining capacities or are close to exhausting them. However, due to environmental restrictions and zoning laws and other regulatory delays, very few new landfills are being opened to address the space crisis. Despite this, municipal waste continues to grow in volume. The problem of managing the nation’s trash stream is a major concern for many municipalities. National landfills are experiencing a rapid increase in waste and face a crisis of capacity. Landfills are like owning a reverse mine of gold.

Good Earth Resources, Inc., was established to solve the St. Louis, Missouri, municipal waste problem and maximize the lucrative benefits of fully permitted landfills.

Operation

This operation has four components: buy two landfills; sort, recycle and import out-of state waste streams; convert landfill gas into electricity; or use it as a fuel substitute.

GER will buy the two landfills in Eastern Missouri (Martin Creek Landfill), and one in Southern Illinois, (Barton Sanitary Landfill). Both landfills are close to St. Louis, Missouri. The first waste stream for both landfills is expected to originate from the St. Louis vicinity.

All waste will go through both landfills to be sorted and any recyclables removed. The rest will be compacted then baled and buried in the respective landfills. Only 10% of landfills in the country perform this function today. The rest prefer to dump raw waste into landfills and ignore a significant source of income.

GER will accept waste directly from its landfills and dispatch its own road tractors for more distant waste. It will also rail-haul it from New York City or Chicago. Hauling Missouri waste assures GER a steady waste stream, independent of other sources, to meet its income projections in the first month of operations. Initially, GER expects to accept as much as 1,540 tons to its landfills daily.

Unique Features

At the landfills incoming waste will be dumped into receiving facilities designed to contain waste vapors, control vectors, and house machinery. The waste is loaded onto conveyors from which employees sort metals, paper and cardboard. These will be sold at a significant profit and the rest of the waste will be compressed into two-thirds cubic yards bales. Bales will then be stored in a large PVC wrapped cell at the landfill to capture the methane gas. This is not the norm in most landfills.

Baling organic waste and removing recyclable materials adds significant value to GER&#8217’s asset base, which is the permitted property. It reduces the landfill’s volume, increasing the landfill’s life. Recyclable sales also increase gross revenue.

Landfill Valuation

The volume of waste per cubic yard (or ‘#8220’ air yards) that can be placed in a landfill is what determines its value. The volume of waste that can be deposited is five times greater when compacted. Martin Creek permits allow for 3,612,000 cubic yards to be accepted on an area of 42 acres. A landfill could be filled in six years if 2,000 cubic feet of loose waste was buried every day without compaction. Recycling, compacting and baling will reduce the landfill’s volume to 220 cubic meters. This will extend the landfill’s lifespan to 32 years. This increases both income and value.

The current fee per cubic yard of waste is $11.33 ($34.00 per ton) in the St. Louis area. 2,000 cubic yards/day of loose waste for 42 acres generates $35,328,000 in 6+ years. You can reuse the same area for 32 years, generate $176,640,000 per day, or increase your daily volume by compacting, baling, and recycling. These costs are negligible compared to the increase in value. Recycling offsets these expenses.

Company Objectives

Anticipating that waste haulers will agree to take their trash, GER estimates that Barton will receive 940 tonnes per day in its first three months of operations. This generates an additional $5,500,000 per year. Additional 600 tons per day for Martin Creek are transported to Barton during Martin Creek’s construction. This adds $4,000,000. Investors can expect a remarkable annual return and ownership in a profitable company with dividends within the first year.

Principals from GER will find other sources to boost this projected waste stream. They may look into New York City or Chicago as well as other large metropolitan areas. This plan includes rail spurs that, once they are operational, will allow for the easier inflow of waste from distant areas.

Within 12 months of assuming operations, GER collects methane and converts it to sellable energy. This will increase annual revenues.

Management

GER’s principals are experts in all aspects of the business. They founded the company to address the need for landfills in St. Louis and to also make it a profitable operation.

Don Smith, the co-founder of GER has extensive experience in waste collection and landfill operation. During the 1980s, he managed three major Chicago landfills as well as one located in Gary, Indiana. Later he managed a hazardous waste facility in Scott City, Missouri. His experience in working with Department of Natural Resources helped to obtain the landfill permit which the property now owns. He built and operated a municipal refuse transfer station in Wellston Missouri in 1984.

John App, cofounder at GER, is a strong finance and marketing professional. His focus will be on developing the non-state waste stream sources in New York City and Chicago. App has been a founder and member of several businesses, as well as being elected to the Orange County California Board of Education, 1974. He was also a founding member of Orange County California Marine Institute, Dana Point, California.

G. Calvin Rathbone, Esq. G. Calvin Rathbone is the corporate counsel to GER. With a strong sales history, he will also be involved in developing new state waste stream sources. Mr. Rathbone’s previous experience includes manager of sales and marketing for a company providing equipment for the exploration and production of oil and gas.

General Plan of Action

The principals are looking for a $16,469 951 net investment to:

1. Purchase both the Martin Creek and Barton landfills.

2. The hauling of waste will increase the daily stream of waste to Barton landfill.

3. Barton can be equipped with compacting and sorting equipment to increase the landfill’s life expectancy.

4. Complete the construction of Martin Creek landfill.

5. You can lease or buy the machinery and vehicles you need for your operations.

6. To collect trash in Missouri cities you will need to build two transfer points.

7. Utilize methane generated to augment revenues.

1.1 Objectives

1. Six million dollars in sales, with 600 tonnes per day for Martin Creek.

2. Barton will have at least one recycling plant installed, with room for expansion up to two.

3. Construct Martin Creek landfill.

4. To renovate an abandoned rail spur near Barton, you can purchase property. Construction will take approximately ninety minutes.

5. Continue to market Martin Creek/Barton by reaching out to other cities and hauling agencies, including from outside-of-state.

1.2 Mission

GER will collect the waste from certain designated transfer station and deliver it to one of its two landfills. Both parties will be benefited by this arrangement. It will lower the customer’s costs and provide GER with an additional stream of waste through GER’s more efficient transport.

All recyclable materials are to be removed by GER. GER will accept vehicle tires to earn income. This operation increases cash flow and protects the environment in every way possible. The principals at GER will take all necessary steps to make sure that the environment is protected.

1.3 Keys to Success

1. Concentrate on bringing to Martin Creek and Barton as much waste capacity as possible.

2. The waste stream should be processed as efficiently as possible to maximize profits. Strive to reduce down time and stoppages.

3. Operate the waste disposal facility as efficiently and safely possible.

4. Maintain family-like atmosphere for all associated with GER, co-workers and customers alike.