InvestorsHub Logo
Followers 36
Posts 2648
Boards Moderated 0
Alias Born 10/02/2010

Re: None

Tuesday, 10/24/2017 11:25:46 AM

Tuesday, October 24, 2017 11:25:46 AM

Post# of 437
VLO To License GERS Oil Extraction Patents?

In 2011, VLO purchased the Advanced Oil System (AOS) to extract oil from their plants.
https://www.bizjournals.com/sanantonio/news/2011/09/16/valero-investing-in-extraction-system.html
While Valero was never directly sued by GERS, the company that sold the system to Valero was.
The maker of the AOS was sued by GERS. The parties are now 3 days away from announcing a settlement.
https://drive.google.com/file/d/0B_ch8gAs4lCcS1B3LUc0azZlVTA/view

As of 9/12/17, the Advanced Oil System has been pulled off the market. Could this be settlement related?

www.icminc.com/products/advanced-oil-separation-system.html

The AOS is no longer a product offering.

http://www.icminc.com/products/base-tricanter-system.html

Interestingly, AOS Vanishes From Valero's Website...

All references to the Advanced Oil System have been removed.

http://greenshift-gers.blogspot.com/2011/09/valero-next.html

https://www.valero.com/Pages/PageNotFoundError.aspx?requestUrl=https://www.valero.com/NewsRoom/Pages/PR_20110916_0.aspx

https://www.valero.com/_layouts/15/osssearchresults.aspx?u=https%3A%2F%2Fwww%2Evalero%2Ecom&k=aos#k=icm%20aos

Good Luck To All!$!$!$
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VLO News