vision plasma systems inc (VLNX:OTC US)
vision plasma systems inc (VLNX) Snapshot
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$0.06
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$0.09
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$0.09
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$0.06
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52 Week High
08/16/12 - $39.40
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52 Week Low
04/18/13 - $0.04
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Average Volume 10 Days
11.9K
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0.0
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Related News
vision plasma systems inc (VLNX) Related Businessweek News
No Related Businessweek News Foundvision plasma systems inc (VLNX) Details
Vision Plasma Systems, Inc. designs, develops, and markets its proprietary mobile plasma arc gasification for the remediation of hazardous wastes. It offers Arc Master I mobile unit to corporations, military, government, and municipal clients. The company was formerly known as vLinx Technology Inc. and changed its name to Vision Plasma Systems, Inc. in April 2012. Vision Plasma Systems, Inc. is based in Reno, Nevada.
Last Reported Date: 08/12/12
vision plasma systems inc (VLNX) Key Developments
Vision Plasma Systems, Inc. announced that it has completed engineering feasibility reviews with the engineering leads from Kinectrics Group of Toronto, Canada. This is a key business alignment and planning step that assures, when final contract is awarded, that the design team members from both companies can begin without delay. Kinectrics to join with the scientists from Vision Plasma Systems' design team to complete this final phase, which will be followed by the production of the Arc Master I.
Vision Plasma Systems, Inc. announced it has secured a sales and marketing agreement with Kaes Enterprises to secure federal contracts and management expertise for the deployment of the Arc Master I systems to the Veterans Administration hospitals as well as major western US major military installations for 28 Arc Master I units, representing possible sales of $139 Million. Kaes Enterprises reported it had qualified a need for over 28 Arc Master I systems for both the Veterans Administration and the Department of Defense customers in the western US in an initial deal that is valued in excess of $139 million, upon successful demonstration of the Arc Master 1 Test Unit. The Arc Master I mobile unit was designed to deploy a clean and green remediation solution to various worldwide corporations, military, government, and municipal customers. The unit is capable of converting up to 5 tons per day of hazardous wastes and other matter into syngas, net electricity, recyclable metal ingot, without any air emissions or ash from the gasification process. Built inside two (2) ISO 40' metal containers, The Arc Master I can be easily transported by truck, rail, ship, or plane worldwide to provide an fast and mobile solution to the remediation of all forms of waste. The Arc Master I mobile unit is entirely self-powering, creating its own energy from the waste that it processes, and creating up to 240KW of usable electricity at the site.
Vision Plasma Systems, Inc. announced the appointment of Dr. George E. McClane, M.D., as advisor for Medical Sciences on the Senior Advisory Board. Dr. McClane is a key contributor to the Vision Plasma Systems team in the area of medical hazardous waste for handling, personnel quality of life, environmental safety and the overall medical and pharmaceutical industry best practices within federal and state rules and regulations.
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| Price/Book | 6.7x |
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