11.05.2010 13:25:00
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OriginOil Inc. Secures Breakthrough First Sale of Innovative BioFuel Systems; Spurs Updated Beacon Equity Rating
OriginOil Inc.’s (OTCBB: OOIL) technology leadership, increased visibility, leading position in alternative energy segment and huge market opportunity lead to updated Speculative Buy from Beacon Analyst Victor Sula, Ph.D.
The full report is available at http://www.beaconequity.com
Anyone interested in receiving alerts regarding OOIL research should e-mail members@beaconequity.com with "OOIL” in the subject line.
In the report, the analyst writes:
"OOIL this month announced the signing of MBD Energy as its first algae-producing customer. Anglo American, one of the world’s largest mining companies, is a cornerstone investor in MBD Energy. The parties signed a Memorandum of Understanding, under which OOIL will equip MBD Energy with its Quantum Fracturing and Single Step Extraction systems. … Through this arrangement, OOIL gains a partner and first customer funded to scale up its algae production technology on a commercial scale.
"OOIL recently introduced a new direct-solar growth design that uses growth layers to harness the sun’s energy more effectively than existing pond systems, while greatly reducing the land surface required. The Company simply stacks the algae layers to multiply the benefits of ‘free’ solar energy, thus obtaining an ideal mix of sustainable growth and industrial-grade concentration.”
Other companies in the research services industry include: Nanoforce Inc. (Pink Sheets: NNFC), PetroSun Inc. (Pink Sheets: PSUD), Green Star Products Inc. (Pink Sheets: GSPI) and Valcent Products Inc. (OTCBB: VCTPF).
BeaconEquity Research Disclosure
Analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a Website wholly-owned by BlueWave Advisors, LLC, which has been compensated nine hundred and nine thousand ninety one restricted rule 144 shares for advertising and promotion; BlueWave was also previously compensated a total of eighty thousand dollars directly from OOIL for services that have expired. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Website, BeaconEquity.com, for complete disclosures. CRD number 2207572
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