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Forum - Wall Street Pit    Stock Due Diligence for All

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From: RockyRollin (Rep: 3)Date: 05/23/2010 04:44
Forum: Wall Street Pit - Msg #1947250Thread #672993963 (Rec: 0)
Breaking Technology to Clean and Recycle Oil Spill

http://www.prnewswire.com/news-releases/breaking-technology-to-clean-and-recycle-oil-spill-94617714.html

Environmentally-Friendly Solution Discovered to Clean Gulf Oil Spill Which has Dumped at Least 4 Million Gallons of Crude

SAN DIEGO, May 21 /PRNewswire/ -- While lawmakers are working to leverage the BP crisis into billions of dollars more from Big Oil, and BP is testing an invention to clean the ocean (less than 100%), scientists for Safe and Bound have been working around the clock inventing a new environmentally friendly technology to clean and recycle the spilled crude.

"We have tested a breaking technology that has proven to be successful in absorbing the oil; turning it into a buoyant oil cake that could then be harvested from the sea," says CEO Darren Meade. "Once the material is harvested, we can then reverse the process and free the oil."

The technology that has proven successful in laboratory tests using sea water and crude, soon to be tested in the Gulf of Mexico, is called Floatable Porosive Particulate Matter [for Treatment of Oil Spills]. This Floatable Porosive Particulate Matter maintains perpetual buoyancy of crude oil on the surface of water using hydrophobic and porosive materials, which prevents settling to the bottom of the ocean, that allow for control of the oil spill for harvesting.

As an environmentally friendly method of cleaning up the oil spill without damaging the marine eco-system, the reclamation of oil would prove to be a savior of Big Oil in protecting against the loss and additional spending in filtering the would be contaminated crude.

Safe and Bound's Lead Scientist, Dr. Provonost, stated, "As a company that strives to provide natural, environmentally safe methods to solve chemical problems, we also have the ability to alter the composition of the matrix of materials to control the properties of the agglomerated clusters, depending upon the application. In simpler terms, we can apply this technology to open water, and subsurface oil as well as shorelines - something that would have prevented the blackening of the 1500 miles of Alaskan coastline from the 1989 Exxon Valdez oil spill."

Safe and Bound will be holding a press conference at 1:00 P.M. pacific time on June 3rd, 2010 at an address to be announced in San Diego, California to demonstrate the new technology which they are calling SeaClean.

PR Liaison for the company, Joe Perez, added, "I am eager to see the live demonstration on June 3rd as it will be conducted in the same lab where the technology was invented, utilizing crude and sea water, and will be streamed live via UStream - thus allowing for all interested parties to witness the demonstration online."




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