MOP Environmental Solutions (MOPN)

[WOLDUMAR]

Here is just a brief history .. But all of us long's remember what a mess this was.

http://newsblaze.com/story/2008120311321500005.mwir/topstory.html
Silver Star Capital Holdings, Inc. (PINKSHEETS: SSTA) today announced that it has acquired the operations of MOP Environmental Solutions, Inc. ("MOPN"), a Bath, New Hampshire based manufacturer of oil absorbent products.
MOPN, formed in 2007, is the sole provider of oil absorbent products that utilize the patented MOP Maximum Oil Pickup® technology for rehabilitating hydrocarbon contaminated land and water. This hydrophobic sorbent material is made from 100% recycled fibers and other all natural ingredients and can absorb up to 30 times its own weight in oil without absorbing water; restores traction on slippery surfaces; biodegrades oil; and safely restores a clean, natural environment. The company currently has 8 employees and the management of MOPN will continue to operate the acquired MOPN operations as ECO-Science & Technology, Inc., a wholly-owned subsidiary of Silver Star Capital Holdings.
The acquisition closed on November 24, 2008, and was structured as an asset purchase of the operations of MOPN. The purchase price paid consisted of 1,000,000 shares of Silver Star Capital Holdings common stock. Additional purchase consideration of 4,000,000 shares of Silver Star Capital Holdings common stock will be paid to Charles M. Diamond, patent holder of the MOP Maximum Oil Pickup® technology and other members of senior management.
About Silver Star Capital Holdings, Inc.: