EcoloClean Industries (ECCI)

[Waverider110]

ESPH is behind the power curve,

it does not even have any units built for the pilot project.

Here is the 05/15/08 SEC 10Q filed by ESPH:

Does this sound below like a company that is ready to go and any real competition for ECCI which has two completed units ready for action in the USA if a hurricane strike per the old ECCI PR*? It does not look like ESPH is ready. And it is not any better than the distillation process being used by DEVON over the last year or two. ECCI is the answer for both high volume production of recycled water and much lower cost per gallon than distilling.
* http://biz.yahoo.com/iw/070911/0300595.html?printer=1

"...Subsequent to March 31, 2008, the Company executed a letter of intent for a 90 day Pilot Program with an oil and gas drilling company in the Barnett Shale area of Texas. Under the letter of intent, the Company is to provide a water filtration unit, which includes the Ecosphere Ozonix™ process to recycle frac flowback water at a water recycling center in Texas operated by the oil and gas drilling company. The Pilot Program is to start on July 1, 2008. During the 90 day test period, the Company will be paid a prescribed fee for each barrel of frac flowback water processed.

The Company is focusing on raising the necessary capital to produce the unit for the Pilot Program. Currently, the Company has two financing solutions available. The first solution is with Bledsoe Capital Group as described in the paragraphs below...."


http://biz.yahoo.com/e/080515/esph.ob10-q.html

http://biz.yahoo.com/e/080515/esph.ob10-q.html

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