DD Support Board and Research Team

[Michael-Goode]

PSON - ultrasonic cracking ain't new or revolutionary

http://www.disruptiveoiltech.com/

$2.5m budget disclosed for this pump

The amusing thing is it seems to me to be very similar technology to that of former Amex crap stock SUF (Sulphco). Great technology and it works. The only problem is that it has been tried by everyone and their mother and it is not and never will be a cost-effective means of processing heavy crude. I will hopefully get around to a big article debunking the technology -- I've got a friend in the industry helping me with the details, but I'm a busy bee and may not get around to it.

Sulphco went bankrupt last year and the most recent thing I heard about their IP is that it was for sale here: http://www.pluritas.com/_public/_public_sulphco/SulphCo_Asset_Overview.pdf

Here is the info from the most recent 10Q on PSON
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8783156

Petrosonic Heavy Oil Process Patents

As part of the transaction with Sonoro Energy the company has acquired the following Heavy Oil Process provisional and PCT applications based on the Company’s Sonoprocess™:

· Patent/Application No: WO2009111871. Jurisdiction: WIPO. Title: Method for Treating Heavy Crude Oil. Application Status: Published.

· Patent/Application No: EA201071060. Jurisdiction: Eurasisa. Title: Method for Treating Heavy Crude Oil. Status: Pending.

· Patent/Application No: EP2260089. Jurisdiction: Europe. Title: Method for Treating Heavy Crude Oil. Status: Pending.

· Patent/Application No: 2156/MUMNP/2010. Jurisdiction: India. Title: Method for Treating Heavy Crude Oil. Status: Pending.

· Patent/Application No: US 61/035,690. Jurisdiction: United States. Title: Method for Treating Heavy Crude Oil. Status: Company will appeal the expired priority claim to reinstate the priority claim.


PSON has a pretty crappy patent portfolio compared to Sulphco, which WENT BANKRUPT last year.


(disclosure: no position in PSON.)