I think a little patience might pay off. This is Phase 3 of 4 of the Strategic Development Plan that CPCO issued on their 9/28/06 Information Statement found on Pinksheets.com. It looks like they will be up and running by April 2007, which is six months from now if all goes as planned.
Phase III
Obtain funding through sale of public shares to finance the business model.
· Build ten ton/day sorbent manufacturing facility in USA, disassemble, ship
and re-assemble in Baku, Azerbaijan.
· Purchase sorbent from EnviroMop, LLC and ship to Azerbaijan to commence
operations while waiting upon delivery of manufacturing plant.
· Survey work sites.
· Set up office in Baku. Hire personnel as required.
· Hire and train site supervisors and R2 teams.
· Purchase small equipment and lease large equipment as required.
· Begin oil production with USA manufactured sorbent.
· Upon assembly of the manufacturing plant, train supervisors and operating
team.
· Begin production of sorbent in Baku, April 1st, 2007.
· Add field staff and work teams to increase oil production to capacity.
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