Is COGO considered an ESG or environmentally responsible company?
Yes for the following reasons:
(i) COGO eliminates the need for new landfills,
(ii) COGO mitigates almost entirely the various harmful emissions into the atmosphere,
(iii) COGO eliminates the polluting of water,
(iv) COGO increases greatly the rate of recycling,
(v) COGO creates renewable and more environmentally friendly fuel sources and
(vi) in some applications, COGO can sequester carbon for hundreds of years by mixing with concrete.
How long does it take for COGO to build and deploy a complete waste processing to energy unit?
Most all projects will take an average of 90 days to be full operational. This impressive time frame is due to COGO’s design, build and manufacturing process.
Is it customary for all projects to be backed by long term purchase agreements?
Yes, long term purchasing or managed service agreements are common for both the waste processing and the conversion to energy components of our solution. There would likely be a ”concession agreement” between COGO and the municipality to process the MSW and then a second “purchase” or “offtake” agreement with a local industrial or utility to purchase all of the energy created/produced by COGO.
What is the nature of the client agreements in place today by COGO?
To date, each of the concession agreements already awarded to COGO and those forecasted in the form of binding letters of intent are for 25 years in term duration.
Is COGO raising capital or does it have future plans to raise capital in support of its growth?
Yes, COGO is currently in discussion with various forms of financing options, including equity dedicated to and tied to specific projects/clients, traditional equity into the
parent company and strategic debt facility to support the implementation of new projects in the current pipeline.
Does COGO have plans for an initial public offering?
No, there are no immediate plans for any public offering, however, it would be entertained as a strategy 2 to 4 years from today.
Does the COGO solution create tradable Renewable Energy Credits (“RECs”)?
Yes, depending on the application, COGO’s solution can create certifiable RECs that can be purchased and sold in the respective involuntary markets.
