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rsh

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Alias Born 04/28/2015

rsh

Re: venturecapp post# 5698

Wednesday, 08/24/2016 1:16:13 PM

Wednesday, August 24, 2016 1:16:13 PM

Post# of 10195
They ARE indeed financing themselves from the selling of Convertible Notes which is the selling of shares. One might want to "read" (and that means understand) the Quarterly Report before extolling non-existent virtues of this company.

One might want to understand some science before talking about the technology. The EWS does NOT work everywhere. In fact, if you take that pile of old OOIL equipment to another site, it will not work well or at all. The reason is that the chemistry and salinity varies all over the earth and that is a MAJOR factor in how this technology can or cannot apply. That is one of the major REASONS that this has not sold over the past three years while they have had that same equipment in the ECT video (i.e the P3000). Another major reason that there are no sales is that the CAPEX is huge to have even a demonstration unit built, let alone, any size of production unit(s). That would cost in the millions just to get started and there are NO companies putting out contracts to use their services! OCLN is a very BAD business and technology decision!
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