Assurance Summary

TecEco are a company of the future involved in the business of developing sustainable technologies.

• Attitudes have change remarkably around the world in the last two or three years and the rate of change is accelerating.
• Many commentators believe the next boom will be for sustainable technology companies.
• There is an urgent need for TecEco technology given the the global warming threat.
• TecEco have the world's best practice building technology with very high probability of patent protection.[1]
• The markets are huge and even very small shares would result in substantial revenues. There is considerable margin for error.
• The computer models of future business developed by the company are so conservative that risk in overstatement is virtually non-existent.
• Our accounts show a small development loss and that burn rates have been carefully contained.
• TecEco customers are well defined by product, are intermediaries not end users with consequent low selling costs.
• The environmental movement are ready willing and able to publicise the technology for TecEco for no charge and this will create consumer demand which in turn will create industrial demand.
• The project has a high possible outcomes to cost ratio. Main incomes are through technology transfer the main costs will be related to developing, patenting, marketing and policing.
• The technology can immediately be applied to a number of niche product areas.
• High market penetration is expected as given economies of scale, costs are considerably lower.
• The technology builds on existing cement production and techniques rather than attempting to supplant them.
• There are inexorable forces of considerable magnitude that will drive Eco-Cement technology forward such as CO2 abatement and a need for greater sustainability. There is a likelihood of government support/influence due to environmental benefits and these forces will be transmitted to producers (potential TecEco customers) through devices such as carbon taxes.
• The TecEco Cement technology has been well supported by leading academics [2].

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