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Re: mr_sano post# 42874

Wednesday, 11/15/2017 4:17:33 PM

Wednesday, November 15, 2017 4:17:33 PM

Post# of 56853
Completely inaccurate and untrue facts here. The CEO and VP of Engineering went on the road to meet with 7-8 prospective customers, NOT to seek investment or to "hock shares." Hilarity is the junk that passes for truth here.

"It’s no wonder they are on the road to hock shares." Nowhere does it say they went to South America to sell shares. That is completely false. What other untrue facts are there that have been put forward lately??

We are encouraged by both domestic and international opportunities. In October, we completed laboratory testing at Temple University on crude oil samples provided by a prospective customer from the Middle East, and are now preparing to run laboratory tests on a crude oil sample recently provided by a U.S. midstream oil company. Shannon Rasmussen, our VP of Engineering, and I will be traveling in early November to meet with 7-8 prospective customers in three South American countries that transport heavy crudes and are highly reliant on naphtha, a very expensive source of diluent. In Peru and Ecuador, we will be visiting two on-site oilfield operations performing feasibility studies. We are also advancing our discussions with companies in Europe and China.




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