After “fine tuning” its Helix BioReactor to enhance performance characteristics, OriginOil said it can now commence the design and layout of larger-scale systems, which will help the company identify ways to lower its production expenses.
“Discrete testing of each system component is now being performed to ensure better projection of the performance of larger systems,” senior technical advisor Paul Reep stated in the press release. “These tests have also been helpful in contributing to the ongoing design study to identify low cost Commercial off the Shelf (COTS) components for use in full scale systems.”
Riggs Eckelberry, CEO of OriginOil, said COTS is a preferred standard that offers the company many advantages that simplify in-field operation maintenance.
“We are committed to algae production systems that use simple, commodity materials and construction for maximum adoption worldwide,” Eckelberry stated. “We are extremely pleased with the progress of the technology team as it scales up its prototypes. The growth metrics we are encountering are extremely positive and are being validated by external reviewers. We believe that we are well on our way to achieving a competitive fuel that can truly compete with petroleum.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 500,000+ subscribers that receive The Daily Stock Newsletters.
To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.