Ophir Resources Co. (SUFF)

[jufel]

Let me re-emphasize my last Post:

INCL last PR: "ENVIROTEK Joint Ventures With California Power Company"
is taking advantage from new legislation:

"California Expands its Rules for Feed-In Tariffs and Net Metering"
http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=15564



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PR:
" ENVIROTEK will have monthly residual income for the same 20 year term of that contract."

Rule:
The new law doubles the maximum system size from the current 1.5 megawatts to 3 megawatts and requires long-term agreements that will be in effect for 10 to 20 years.."

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PR:
Company President Robert Thompson commented, "We are in the process of negotiating additional contracts with this company to secure future long term residual income and a percentage ownership."

Rule
"...Utilities buying power under the feed-in tariff will be able to take credit for the renewable energy under the state's Renewable Portfolio Standard (RPS), which requires utilities to draw on renewable energy for one third of their power needs by 2020 .."