Solucorp Industries Ltd. Stock Analysis SLUP

SOLUCORP Industries Ltd. engages in the development of heavy metal remediation technology. The company is headquartered in Orangeburg, New York and currently employs 23 full-time employees. The company went IPO on 2001-07-11. The company develops and markets solutions for the remediation of hazardous heavy metal and mercury spills. The firm's Molecular Bonding System (MBS) treatment technology permanently solves metals contamination in soils, industrial wastes and liquid wastes. MBS is being used in Integrated Fixation System (IFS) products that can be applied to a multitude of hazardous pollutant sources to render them insoluble and non-hazardous. The firm's principal business is conducted in the United States. Solucorp Industries, Ltd. announced that it has completed due diligence and finalized purchase of WITS, Inc., a privately held Florida-based environmental contractor that holds patents and licenses to provide decontamination of water and wastewater.