MOP Environmental Solutions (MOPN)

[WOLDUMAR]

MOP Environmental to set up Saudi operations
"old news but still seems releavant"
JEDDAH: MOP Environmental Solutions, Inc. announced Friday the signing of a preliminary agreement to establish operations in Saudi Arabia in order to "facilitate distribution, and/or production, and/or research, and/or development, and/or manufacturing of MOP Environmental Solutions’ products and environmentally sound oil spill cleanup methods and/or contaminated land and water remediation methods in the Middle Eastern region."
MOP Environmental CEO Charles Diamond said: "We have entered a 90 day period of negotiations within which to conclude the terms of a joint venture for MOP Environmental Solutions, Inc., to establish a working presence in Saudi Arabia. The mutually agreed upon name is MOP Environmental Solutions of Saudi Arabia. During the negotiation period of this joint venture, the Saudi Arabian contingent, at their request, wishes to maintain their anonymity."
Diamond added: "With the signing of the agreement, our focus is on the completion of a MOP Saudi Arabia Executive Plan of Action to service all the possible applications, markets and industries throughout Saudi Arabia, Turkey, and the Middle Eastern Region."
– Saudi Gazette/QJM

http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentID=2011032096279