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Re: NetCompliance



Ed,
I bet if SEC environmental compliance accounting was an issue in the stock
market NetCompliance might have more of a chance.

That's what the EPA is pushing for in their national campaign.
See:
October 1, 2001 US EPA alert on SEC disclosure
http://es.epa.gov/oeca/ore/sec.pdf

Notice on Public Company Requirements to Disclose Environmental Legal
Proceedings
http://es.epa.gov/oeca/main/strategy/oppac_notice.html

Cheers,
Donald Sutherland



----- Original Message -----
From: <Weiler.Edward@epamail.epa.gov>
To: <p2tech@great-lakes.net>
Sent: Thursday, June 13, 2002 9:56 AM
Subject: NetCompliance


> NetCompliance Files for Chapter 7 Liquidation...read the caption for a
> brief blurb in Monday's biz section of the Washington Post(June 10,
> 2002).  Yaawwwwnnn.........and so another dot.com crashes and burns.
> But wait: according to the article, this was a dot.com that, "made sense
> and did not need much explaining."   And what was the business model of
> this ill-fated start-up?  Read on:  "Move complicated, paper-heavy
> government regulatory compliance to a Web-based platform.  Sell the
> service to small businesses by staffing experts in various regulatory
> disciplines, especially environmental regulation, and provide a service
> that would eliminate the bewildering paperwork."
>
>
>       The article then goes on to quote NetCompliance's general counsel:
> "The sad part about NetCompliance and what made it different from a lot
> of similar companies is that it was such a brilliant idea."  There's
> lots that could be said about this, of course.  But the first thing that
> came to my mind was that in our market economy, a flash of brilliance
> and a coupla bucks will get you a Mucha Java Fizzy at Starbucks.
>
>
>
>
>
> Edward M. Weiler, Economist
> USEPA  (Mail Stop 7409)
> 1200 Penna.  Ave. NW
> Washington, D.C. 20460
> Phone: 202-564-8836
> Fax: 202-564-8901
>
>
>
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