Looking Ahead to 2010
From: Riggs Eckelberry
Los Angeles, December 31, 2009
I hope that you’re enjoying a good break before jumping into a year that promises to be exciting for all of us.
A reporter recently asked me what our goals are for 2010. Here’s what I said:
- Early in the new year, we will unveil OriginOil’s complete working algae-to-oil pilot system.
- We plan to launch several commercial relationships.
- We expect to develop at least one integrated industry application.
- We will keep advocating for energy production at all levels of business, and society in general.
- We will do everything in our power to help algae become a proven successor to petroleum.
Big goals… but I know our team can deliver. We’re making progress on a daily basis and it’s a fine sight to see. Expect big things from us starting in early in 2010!
Thanks for your strong support in 2009 as we helped lead the algae industry from promise to actuality. This is indeed an exciting time and we couldn’t ever do it without you.
All the best to you and yours in the next year – onward!
Riggs and team
President & CEO
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.