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Government Operations committee Well, it wouldn't be—
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee They may come back and ask for a finder's fee, or whatever they call it. They never mentioned that to me going in. You know, in the business there's a finder's fee anywhere from 2% to 10%. That's normal in the business, but they never mentioned that. There was never a percentage mentioned, or anything to do with that.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee I have a question for all you guys.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee Why were we rejected? I can tell you, there's nothing greener than what we do. If you could tell me something greener, I'd like to see it.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee Mr. Gillani had that, but as I said, he wouldn't be the only one with it. That's a package we'd put together. We've put that together for many people. As I said, we see lots of people coming and going. I'm going back many years, where I've had guys who were going to take this thing public, and then venture capital guys come in and they have a great story.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee I didn't say anything to them, really, because I hadn't been talking to them for a while, you know. And then—
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee We did that.... I believe Gillani got it first—
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee He had it. He got it from one of my associates.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee I have five partners in Green Right. Green Rite Solutions has five partners. As you can see here, Wright Tech is me. The invention is me. The technology is me. But the other is a financial, as we said here, arm to go and find money and own and operate facilities. Say we go to a corporation or a municipality.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee We say we have a solution to your problem and we have the money to pay for it, and they like that. So we come in, and what we do is we put together an unsolicited proposal to build the facility with our money and charge them a tipping fee, usually the same as they are currently paying or less for a straight-line twenty years, best date and time, and that's what we do.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee No, no, that's not correct.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee They were cities that required attention. They had a waste problem with bio-solids, and we could go in and do this, and we had funding. That's what it was.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee We weren't that far advanced.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee No, definitely not.
May 26th, 2010Committee meeting
Jim Wright
Government Operations committee That question was asked. He did ask that of someone. He did get it from one of our engineers.
May 26th, 2010Committee meeting
Jim Wright