EVXA .02 found this filing that hit pink sheets today, somewhat interesting....EVXA:Outstanding Shares 20,665,818 as of Jun 30, 2009
Business of Issuer
EnviroXtract, Inc. has acquired exclusive worldwide licenses for environmental
clean-up/mitigation applications. As a technology company, over five years and
several millions of dollars have been invested in the development of the
Company’s base technology.
Its unique extraction process excites the oil sands at the molecular level and has
proven capable of removing greater than 99.9% of oil from sand and soil. No
water is used in processing. No natural gas or any other fossil fuel is necessary to
generate thermal activity used in processing. The electrically generated heat is
environmentally safe, creating no greenhouse gases. The process operates in a
closed vacuum processing system. Soil and sands are clean and dry after
processing, ready for immediate reintroduction into the environment.
The proprietary process is very economical in its electrical energy consumption
and is anticipated to operate at reduced cost when configured for co-generation of
electrical power. Gasification of petroleum-based substances may provide fuel for
generators to produce much of the electrical energy necessary for processing.
Armed with the ability to generate much of its own power, the Company
envisions the technology to be capable of tractor/trailer mobilization directly onto
the affected sites for extraction of oil and chemical substances at most locations.
Technology Summary
The initial Research and Development phase of EnviroXtract’s (“EXI”)
proprietary oil and petroleum extraction technology application has been
completed. Several millions of dollars and over five years of effort have been
contributed to this project to date. The technology utilizes a combination of
several unique components in its processing system, utilizing proprietary thermal
mechanisms coupled to electromagnetic fields operating in a vacuum reactor
vessel. It is the proprietary configuration of these and other components which
creates the unique energy-efficient and environmentally-friendly properties of this
technology, separating it from other current technologies.
EXI has completed initial independent laboratory testing of its oil and petroleum
extraction process. The EXI process utilizes its proprietary technology to extract
oil sands and other chemicals from soil and sands. The proof-of-concept reactor
has successfully extracted oil from various samples of oil sands feedstock from
the western United States and the Athabasca region of Alberta, Canada.
Independent third-party testing has proven the unique abilities of the EXI
extraction technology. Analysis of samples performed by laboratory technicians
revealed that virtually no oil remained in the sands and soil, a feat which we
believe to be unique to this proprietary process.
