OriginOil Report to Shareholders: The Horrendous California Drought

California’s drought is extreme, and likely to get much worse. Meanwhile, OriginOil plans to take its demonstration system on the road in September.

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Bakersfield-area frack and produced water purified with the help of OriginOil technology.

This bill launches huge spending on what many call Blue Gold — the water none of us can do without.

Los Angeles, California (PRWEB) August 27, 2014

OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, announced today that in a letter to shareholders, CEO Riggs Eckelberry reported that California's extreme drought could worsen if this year's El Niño weakens or never appears.

The situation spurred bipartisan action in Sacramento, where California Governor Jerry Brown just approved a $7.5 billion dollar bond issue to address water issues.

Eckelberry also reported that OriginOil and its partners are preparing to benefit from portions of this bond issue, with an industrial demonstration system already processing Bakersfield-area frack and produced water.

In response to industry requests, Eckelberry also said that the company plans to take a demonstration system on the road starting as early as September.

The full report is now available on OriginOil.com's website at http://www.originoil.com/ceos-update/the-horrendous-california-drought.

Safe Harbor Statement:

Matters discussed in this update contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.


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