OriginOil, Inc. Report to Shareholders: TV Interview of First Licensing Customers
Los Angeles, CA (PRWEB) September 24, 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 on the waste oil regulations in Trinidad & Tobago that led to the first sale by an OriginOil licensee.
Bob "Sully" Sullivan of the Big Biz Show interviewed executives of Synergy Resources on the waste oil challenge and their solution. (video)
Also in the letter, Eckelberry reported that the company's frack water cleanup demonstration system has now been moved to West Texas for an upcoming demonstration in the Midland area.
CEO Eckelberry closed by reporting that the company's GEN 2 prototype, which is designed to process up to 3,000 barrels per day of contaminated water per module, is expected to be ready before the end of the month.
The full report is now available on OriginOil.com's website at http://www.originoil.com/ceos-update/trinidads-waste-oil-problem.
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, 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.
Jerry Schranz, Antenna Group – a Beckerman Company, http://www.originoil.com, +1 (201) 465-8020, [email protected]
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