MOP Environmental Receives Purchase Order From British Petroleum (BP) to Supply Products for Gulf Oil Spill Clean Up
05 6월 2010 - 5:08AM
Marketwired
MOP Environmental Solutions, Inc. (PINKSHEETS: MOPN) is very
pleased to announce it has received a Purchase Order from BP to
send oil spill absorbent booms to the Gulf of Mexico for the
ongoing oil spill clean up efforts. As per the Purchase Order, MOP
Environmental will provide BP with three tractor trailerloads of
booms to be shipped to the Hope Dale Site staging area in Saint
Bernard, Louisiana.
Upon fulfillment of this order, additional deliveries are
anticipated to continue on a weekly basis. With the present
conditions in the Gulf we believe that BP will be looking to accept
as much as we can provide.
"While we are very excited to have a purchase order from BP, the
challenge of such a purchase order," said Diamond, "is that BP
makes its payment 30 days after delivery. In the meantime we are
hustling to raise additional funds to meet demand for increasing
our supply. At the same time we are also working on raising
additional capital to expand our plant and/or to purchase an
additional facility. We anticipate that we will continue to
experience the challenges of growth in the coming months and
foreseeable future."
To meet the capital requirements, MOP Environmental is currently
reviewing several offers to provide funding for the needed
expansion for additional plant, equipment, labor and floor
space.
ABOUT MOP ENVIRONMENTAL SOLUTIONS, INC.
MOP Environmental Solutions, Inc. (MOPN) is a publicly traded
company. MOP Maximum Oil Pickup is a "cradle-to-cradle" green
product that is arguably the most effective oil spill recovery
system on the market.
BRIEF DESCRIPTION OF THE MOP TECHNOLOGY:
MOP Maximum Oil Pickup is an aggressive oleophyllic and
hydrophobic (oil attracting and water repelling) sorbent made from
recycled and fully biodegradable materials, manufactured using
small-scale hydroelectric green energy. MOP's properties are such
that it can effectively deal with an oil spill the size of the
Exxon Valdez, but is equally effective at cleaning up the oil spill
off a garage floor.
Regarding the gulf oil spill: Our patented product MOP Maximum
Oil Pickup can capture and contain the oil spill at its source and
at all locations out to its furthest perimeter including the
marshlands and beaches. Where the oil has landed on beaches or land
it will separate and remove the oil from the soil or sand on site
quickly. Our oil-only pickup product is called MOP Maximum Oil
Pickup. MOP floats, is all natural, it is safe to the environment,
birds, animals and aquatic life. It is rapidly deployed at over 150
mph using our MOP-Cannon and removed using our MOP-Vac. MOP is
applied above water or below water where it floats up and locks the
oil, completely neutralizing all potential harmful effects of the
spilled oil. This is the only known oil recovery method that will
work under all weather conditions. The oil can be retrieved for
re-use where the resulting profit is greater than the expense of
cleanup.
The MOP website is
www.MOPEnvironmental.com
MOP Environmental Solutions, Inc. manufactures and distributes
MOP® Maximum Oil Pickup. MOP picks up
and recovers oil spilled on land and/or water. This revolutionary,
100% Recyclable, new absorbent material picks up to 30 times its
own weight in oil, without absorbing water, restores traction on
slippery surfaces, and safely restores a clean, natural
environment.
MOP Environmental Solutions, Inc. is a public company traded on
the Pink Sheets under the symbol MOPN. For information see
www.mopenvironmental.com.
Forward-looking statements in this news release are pursuant to
safe harbor provisions of Section 21E of Securities Exchange Act of
1934. Investors are cautioned that statements in this release are
not strictly historical statements, including without limitation,
management's plans and objectives for future operations, assessment
of market factors, statements regarding strategy, company plans and
its strategic partners. These constitute forward-looking
statements, are not guarantees of the company's future performance
and are subject to risks and uncertainties, such as funding for
machinery and materials, success in acquiring customers,
maintaining needed government relationships, and successfully
executing a business plan, which could cause the company's actual
future results to differ materially from the forward-looking
statements. For all such forward-looking statements, we claim the
safe harbor for forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. MOP
Environmental Solutions, Inc. disclaims any obligation to update
any forward-looking statement made herein.
CONTACT: Wayne D. King (603)-786-9378 MOPEnvironmental@gmail.com
MOP Environmental Solutions, Inc.
MOP Environmental Soluti... (CE) (USOTC:MOPN)
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