I’m republishing this post. It turns out my controversial blog wasn’t hurting the stock price after all!
We’ve heard a lot lately about the importance of innovation, but innovation is particularly exciting when it involves clean water and potentially, clean energy. This kind of innovation has been taking place at a company I’ve been watching for years, Origin Oil. (OOIL: OTCQB)
The company’s latest 10-Q is prepared on a ‘going concern’ basis. In other words, this is a speculative investment. However, the company announced today that it has licensed technology for hydroponics in East Asia and projects up to $1 million in first year sales and royalties. (http://www.originoil.com/company-news/originoil-licenses-technology-for-hydroponics-in-east-asia-projecting-up-to-1-million-in-first-year-sales-and-royalties)
From the company’s website: (http://originoil.com)
OriginOil has developed a breakthrough water cleanup technology for the oil & gas, algae and other water-intensive industries.
Unlike other technologies, the company’s patent-pending Electro Water Separation™ process rapidly and efficiently removes organic material from large quantities of water without the need for chemicals.
For the oil & gas industry, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and making seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria in water. For a world short on clean water, OriginOil is the lower-cost and cleaner answer.
Read more: http://www.originoil.com/about-us/company#ixzz2ppPBcI8R
For the algae industry, this technology even makes possible the large-scale production of the high-oil type of algae needed to produce bio-fuel.
I own this stock.