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Message to Big Oil: Stop Killing Clean Tech!

From: Riggs Eckelberry
Los Angeles, July 1, 2010

From: Riggs Eckelberry
Los Angeles, July 1, 2010

Hi again,

I wrote a piece for the op-ed page in the Los Angeles Daily News today. You can read it here.

In short, “two Texas oil companies are spending millions on a ballot measure for November that will overturn California’s clean energy and clean air standards.” I strongly oppose that. I hope you will too.

I appreciate that Big Oil is heavily committed to industrializing algae, as the next big source of liquid fuels. This is a fantastic development.

But without support for clean energy in our home state, we will tend to do business elsewhere. As I said in the piece, “My own company, OriginOil, has found its first major customer … in Australia! So they get the jobs and the cleaner air. That sends a message.”

Meanwhile, our new CTO Brian Goodall is settling in and is proving to be a dynamic member of the team. We are now building both our technology and commercialization teams to respond to very strong market demand. Thanks for all the strong messages of support!

Riggs and team

Riggs Eckelberry
President & CEO
OriginOil, Inc. (OOIL)

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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.

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