Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of OriginOil (OTCBB: OOIL) on their exclusive small cap alerts service. Mr. Dean comments, 'We were not planning to bring you another trade idea until later in the week, but we felt this news today was too important to pass up. We have been closely watching this exciting company ever since they went public last year, and this is just the kind of news we feel could ignite another rally for them. Not many investors know about this company yet, but they are a developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum.'
'According to the Energy Information Association, global oil demand is forecasted to be in excess of 43 billion barrels per year by 2026, far outstripping the predicted petroleum supply. Moreover, many believe that renewable biofuels based crops such as corn, soy and palm are not sustainable due to food supply disruption and the destruction of valuable farmland. Therefore, a sustainable and renewable source of oil must be developed to meet the demands of continued global industrialization.'
Ever heard of Sapphire Energy? They are a startup company that is trying to produce auto fuel from algae. Why should you care? Well, they recently raised $100M from such investors as Bill Gates, so you probably should give this hot sector another look.
Algae, as a natural replacement for petroleum and other biofuels, offers great promise in the never-ending search for a clean, renewable source of oil. And with five patent applications and process innovations for adaptability, cost effectiveness and scalability, we think it is time to reconsider a previous stock idea of ours—OriginOil (OOIL) right away.
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http://www.otcpicks.com/originoil.htm
About OriginOil
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products, such as diesel, gasoline, jet fuel, plastics and solvents, without the global warming effects of petroleum. Other oil-producing feedstock, such as corn and sugarcane, often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. To learn more about OriginOil™, please visit our website at www.originoil.com.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated three thousand dollars for this OOIL adverting and promotional program.
