The firefighting industry may not always get a lot of attention from investors on a regular basis but it may well be a good time to consider taking a look at the General Environmental Ventures Inc (OTCMKTS:GEVI) stock. The thing that should be of interest to investors is that the company has a fully owned subsidiary unit named Mighty Fire Breaker, which has managed to come up with a fire fighting material named MFB-31 Citrotech, which is regarded as an ‘environmentally safe proactive fire protection process’.
At a time when the world is moving towards environmentally responsible products in every sphere, the product from Mighty Fire Breaker could well be a game changer in the fire fighting industry.
In this regard, it should be noted that the company has also had its product approved by some of the more influential governmental agencies like the Environmental Protection Agency (EPA). As it happens, Mighty Fire Breaker went into a partnership with the EPA by way of which it had been possible for the former to be added to the Safer Choice program that is promoted by the EPA. It was a significant development for the company and one that may well prove to be a long term boost for its fire fighting product as well.
In addition to that, it is necessary to note that the MFB-31 Citrotech is the sole fire chemistry product in the world that has been added to that Safer Choice program of the EPA.
Steve Conboy, who is the president of Mighty Fire Breaker, noted that the EPA accreditation was another feather in the cap for the company and was just as important as the previous ones that the company had managed to receive. It may be a good idea for investors to keep an eye on further developments.
