An energy company, whose founder claimed he could turn sewage into electricity, has finally met its demise, eight years after it was banned for selling shares without a prospectus.
The liquidation of the company Ira NRG has left everyone involved even the liquidator out of pocket.
Ira NRG was founded in March 2010 by Simon Romana, also known as Hai and Haimana, who claimed he could turn sewage into electricity through a process called gasification.
He had previously fou…
Read the full article at: https://www.stuff.co.nz/business/106897710/banned-sewagetoelectricity-companys-liquidation-ends-after-eight-years