OriginOil Featured by The Wall Street Transcript
- Professional Investors and Money Managers Learn about Breakthrough Technology to Transform Algae into Oil -
Los Angeles, CA – November 12, 2008 – OriginOil, Inc. (OTCBB: OOIL ), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced that OriginOil CEO, Riggs Eckelberry, was the subject of an in-depth interview by The Wall Street Transcript. The interview is part of a special Alternative Energy Report published by The Wall Street Transcript for professional investors and money managers.
Riggs Eckelberry, CEO of OriginOil, commented, “Algae as a renewable feedstock to replace petroleum is quickly gaining global interest as first generation biofuels based on corn and sugarcane are not viable due to economic and environmental side effects. OriginOil is developing an industrialized process to rapidly grow algae for refinement into petroleum-equivalent product such as diesel, gasoline, jet fuel, plastics and solvents. We are delighted to be featured by The Wall Street Transcript and share our story with professional investors and money managers in this prestigious publication. This interview is a testament to the investment community’s interest in algae-to-oil technology.”
The Wall Street Transcript, a paid subscription publication, serves to help investors make better decisions when picking stocks and sectors to invest in. It interviews Wall Street professionals and corporate leaders to bring the views of stock market insiders to its readers. For over 36 years, its question and answer format has allowed readers to understand and interpret the meaning of an analyst or CEO’s comments for themselves.
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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