E- Waste Syst Inc. (GREY:EWSID)

From its headquarters in London, where e-waste regulations are the most stringent in the world, E-Waste Systems, Inc. aims to be a leading provider of waste electric and electronic equipment processing services in key jurisdictions around the world. According to Blumberg Associates, the e-waste sector represents a $55 billion industry as environmental legislation mandates that such waste can no longer be sent to landfill. Original equipment manufacturers, retailers and consumers are now responsible for end-of-life management of all e-waste. And, growing Corporate Social Responsibility drives requirements for highly compliant and professional solution providers. Currently, the collection and recovery industry is highly-fragmented and often unprofessional; creating what EWSI believes is an attractive opportunity for a buy, build, and upgrade strategy in the sector.