Man World
Janel World Trade Ltd (OTCBB: JLWT) 9M $ (marketcap) sits with WMM
Janel World Trade offers comprehensive cargo management service logistics, including shipping – by air, sea and land – customs brokerage, and storage and distribution. The company has a second section, much smaller than software sales, support and maintenance. Janel provide value-added logistics services, as well as transfer agent traditionally has been conducting business through a network of services in charge of the company and agent relations independent countries in the shopping center.
I have previously written two articles Janel two exciting pieces of news hit the child with back to back, starting with the company announced it had completed a comprehensive and effective test of the efficacy and safety Light Blue ™ 104 as an effective bactericide and algaecide in the state live in the lake during the year 2009. Blue Project clear is that he has been in research and development over the past two years, in particular the effects of Tai Lake, a water supply in Shanghai than in water drinking in the country has recently experienced an explosion of algae harmful residue was born out by the man who made the devil green fluorescent Lake.
While solutions to the rampant pollution in China will be observable and ultimately political, Janel has worked had to provide a concrete changes final destination of this ancient source of water main season, a basic need and human resources. The solutions are available, but the government is not going to get behind them because that is shaking around 'social' culture – the activities of environmental intervention and containing the current conditions of social change will be processed by step on the toes of local officials.
I talked to Paul McCreary, is chairman of the Division of Products of environmental Janel able to clarify the history of the project and some updates. First, I asked how a transport system of the United States and logistics are involved in the cleanup of lakes China contaminated.
Janel had been approached two years ago, an environmental group that wanted to move 600 containers of cleaning solution Lake Tai Paul and asked for help in acquiring a necessary piece of equipment and manpower for the project, a service value of the company is happy to provide. Have knowledge of Chinese customs and nature of its operation, the management team Janel began to notice the environmental group is not progressing as it should be because not recognize what they were false – in particular, to address the central and bypassing local officials who are really in control of the municipalities the region during communications. When the company lost the contract to license the blue solution, Janel had the opportunity to use their accumulated knowledge the project and political work plan to dive and take the course from there.
This is exactly what they did. Janel has become the distributor of the 104 anti-blue Algicide, the same solution you've been in the 600 containers were paid to send to China for two years earlier, and he completed two series of tests on The state of the lake live in the area of the business had paid the bill. They partner with many international environmental consultants in China and San Diego, Hard Hat Services, environment construction company, and attend a technology partner that offers the web to monitor the water table. The next step was to address the United States Department of Commerce ( URS ) in a grant application that could test the effectiveness clear solution of Blue and other resources of America in a draft environmental remediation and most with considerable assistance from the World Bank that committed 150 million dollars to clean up Lake Tai, is reached. The Chinese have pledged to clean up the lake, but had the technology to do, and that is where URS comes in. The current U.S. administration has made no secret of their position in foreign trade – export as much as possible to compete with other countries – to develop and launch support for the environment abroad is a foot of Nice.
"The political climate is good for us, we received a overwhelming support in the Wuxi municipal government, which is the largest city in Lake Tai, with a population of around five million dollars. Therefore, our support municipalities the Water Resources Bureau and analysis service of the environment with the mayor's office are great, "said McCreary.
How will we know that this pilot project is a success? The two most important attributes that must be made consistent here is the scalability and the ability to reproduce what has been on the lake Janel Tai in other provinces in China and around the world. This pilot project should begin in the late summer than local, state and federal central United States and China will invited to attend and process technology Janel has worked so hard. strong support came from here at home: Mr. McCreary has done with and received support from two members of the House and two Senators from New York, New Jersey, on efforts of the society in China during a time when the political administration in the office who was more committed open economic flexibility and the promotion of trade with foreigners than any other time in history.
You can read my original Janel Hence follows the story of the company announcing that it had received a grant to continue the test blue URS in Lake Tai, published in May Following this article a week later, I wrote about second-quarter results were released, revenue increased 12% a record for Janel and net income was 0.006 U.S. $ per share compared to a net loss for the previous year. Janel also reported that Mr. Ray had rented Tobia Air Transmission del Mar, Inc., which would raise about $ 1.5 premium of $ 2M revenue growth for the rest of this year.
Finally, I wanted to emphasize price / sales. Total sales in 2009 82.746.806 $ and weighted shares outstanding now stands at 18,381,082, ie earnings per share is $ 4.50. The stock price today is for Janel $ 50 per share, bringing the price / sales of 0.10 x – a very small proportion compared with their peers.
To read this article in the World Market for Media, click the link below: http://www.worldmarketmedia.com/779/section.aspx/1926/post/janel-world-trade-ltd-otcbb- jlwt-9M-marketcap – SITS-down-to-WMM
Disclosure: no positions
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