Veridium Corporation is an environmental management company that conducts business throughout the northeastern region of the United States. The Company provides transportation, distribution, recycling and disposal services specific to the materials and processes of its clients for a range of industrial wastes. Veridium also provides remedial, industrial cleaning and other related services for its clients at their sites and facilities. As of December 31, 2005, the Company operates out of four service centers: the RCRA Part B permitted treatment, storage and disposal facility (TSDF) in Lowell, Massachusetts; the field service operations in Sandwich and Milford, Massachusetts, and a technical services center in Plainville, Connecticut. The Company provides the services of recycling and managing private and public sector hazardous and other industrial wastes. This takes the form of collection of wastes from the point of generation and shipment to appropriate third-party destinations (disposal and recycling facilities). As of December 31, 2005, Veridium has more than 500 active customers that generate many thousands of different industrial wastes. The Company's customers range from small companies that generate only a container a month to large industrial operations that generate hazardous wastes in bulk quantities on a weekly basis. Wastes of almost all classifications pass through the Company's Lowell, Massachusetts TSDF. Veridium conducts all commercial activities through its subsidiary, Veridium Environmental Corporation (VEC). VEC, in turn, is the sole owner of Environmental Services Division of R.M. Jones & Co., Inc., the sole owner of Jones Environmental Services (North East), Inc., the Massachusetts-based RCRA Part B TSDF and Enviro-Safe Corporation, the Company's field services company. Until September 2005 an additional subsidiary, Veridium Recovery Systems, Inc., carried on business through its two subsidiaries: American Metals Recovery, Corp. (AMRC), the discontinued New Jersey recycling operation, and Metal Recovery Transportation, Corp. (MRTC), the discontinued transportation company. On January 22, 2006, Veridium acquired 100% of the stock of GreenShift Industrial Design Corporation (GIDC) and Tornado Trash Corporation (TTC) from GreenShift Corporation in return for 10% of the fully diluted stock in Veridium. These acquisitions are part of the Company's plans to revitalize its industrial waste recycling business model following the discontinuance during 2005 of the AMRC and MRTC operations. GIDC is a development stage company that focuses on the engineering and marketing of green innovations and processes that enhance manufacturing efficiencies improve resource utilization and minimize waste. GIDC's mission is to deliver consumer orientated Natural Solutions based on an array of green technologies and applied engineering expertise that reduce waste at the source and make it easier for people and businesses to recycle and reuse resources. GIDC expects to leverage its portfolio of new green technologies to generate revenue starting in 2006 from the provision of customized engineering services to third-party clients. TTC is a development stage company formed to deploy commercial applications of GIDC's green technologies with the specific goal of minimizing and eliminating the practice of landfill disposal by converting trash into valuable metals, chemicals, plastics, fuels and energy. TTC plans to focus on centralized applications of its technologies at, for example, landfills and transfer stations, and decentralized applications of its technologies in new green appliances positioned to residential and commercial consumers.

• Download SqueezeTrigger (TM) Report
• Download FrictionFactor Report
• Download Daily Short Volume Report
• Download Real-Time Short Volume Tool
• Download Failures to Deliver

• No BuyIns.Net Alerts Available for VRDM