IPO FILING: Changing World Technologies

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By Douglas A. McIntyre Published

Changing World Technologies Inc. filed yesterday for an initial public offering.  While a share count and price range are not indicated, the filing is for up to $100 million in securities. 

A ticker signal was not shown, but the company does plan to list on the NYSE Arca.  This is also listed under the OpenIPO process with WR Hambrecht & Co. acting as the sole manager.

The company lists "general corporate and working capital as the use of proceeds from the IPO.

This is a renewable diesel fuel oil and organic fertilizer companybased in West Hempstead, N.Y.  While the company does list itsrevenues, it only posted $589,000 in 2007 revenues and $93,000 inQ1-2008 revenues.

Jon C. Ogg
August 13, 2008

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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