To inform a potential investment decision, Isomer was engaged by an investment company to review an existing polystyrene recycling company and the planned scale up of their demonstration-level facility to a commercial scale in Montreal, Canada. Hundreds of business level, project execution and technical documents were reviewed via data room and in person video interviews were held with key company team members to assess the development status of and execution plan for the project. The Red Flags Analysis report presents an overview of discoveries based on the information reviewed and interviews conducted. In general, the report provides a high-level analysis regarding the observed status of the project, an opinion on the likelihood of project success and high-level recommendations to address the identified red flags.