Aquaculture Showcase Update, New Analyst Coverage
From: Riggs Eckelberry
Los Angeles, August 27, 2013
Back on August 8th, our Bill Charneski met with Aqua Farming Tech’s Dave Knight at one of their two farm sites. Here they are inspecting one of the fish ponds.
We expect the Showcase to be up and running in September. We’re organizing major industry events — more soon on this!
(And, if there’s a West Coast Showcase, you can be assured that there will be an East Coast Showcase soon. More on that shortly…)
Showcase Machinery: Phase One
Here you see Andrew Davies putting the final touches to our Aquaculture Model Q60, already mounted on its pallet and trailer and due to go to the Showcase within the next week.
This unit will purify the water in the farm’s hatchery, the young fish being the most sensitive to ammonia contamination.
We will also deliver a companion Algae Model A12 to harvest algae for economical fish feed.
(Did you know that algae for feed is about one-third the cost of fish meal, and it’s healthier too?)
Showcase Machinery: Phase Two
The equipment built by Andrew and team will provide a fine interim system while our contract manufacturer completes the fully engineered product (check out the animation here).
I’m very proud of the quality of the work being done simultaneously by our in-house team and by our contract manufacturer.
Merriman Capital Initiates Coverage
Many thanks to Andrew D’Silva, Analyst at Merriman Capital, for his comprehensive coverage, initiated yesterday.
You can read the full report here.
20,000+ Facebook Likes
I’m proud to announce that we just passed 20,000 Likes on our Facebook page… Did you know that we have a Photo Stream for “behind the scenes” visuals?
Be sure to “Like” our page, too, to stay up to date!
Here’s to a great week.
Riggs and Team
President & CEO
OriginOil, Inc. (OOIL)
PS: remember to schedule Jose Sanchez for your installation this year. Just email firstname.lastname@example.org…
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.