UPDATE: How Does a Small Company, With an Outstanding Product, and a Unique Opportunity to Expand, Seize the Moment to Effect It
21 7월 2010 - 7:33AM
Marketwired
MOP Environmental Solutions (PINKSHEETS: MOPN), President &
CEO, Charles Diamond, has released excerpts of the text of an open
letter to the Shareholders, Employees and Friends of MOP
Environmental Solutions.
Shareholders, Employees, and Friends:
What we have is seemingly the ultimate
prerequisites for the continued success and growth from a small
company to one of significant size.
Simply put, MOP Environmental Solutions offers
the safest, lowest-cost answer for oil spills. Our product MOP
Maximum Oil Pickup uniquely offers a PROFIT instead of the usual
EXPENSE involved in oil spill clean up by capturing the value of
recovered oil. We are a small company in a unique position with an
unequaled, patented product. The raw material for manufacture is
abundant, the need for the product is virtually unlimited, vis a
vis the billions of gallons of spilled oil all over the globe that
need to be cleaned up and we are the only supplier for this unique
product. What we have is seemingly the ultimate formula for
success.
In the past two weeks we have invoiced over $165,000 in product.
We intend to proceed from here to make this company continue on an
upward spiral. MOP Environmental is grateful to have a product that
is not only assisting in the current cleanup efforts in the Gulf,
but will be there until the end. Our initial order with BP to
supply booms has been fully delivered and invoiced. For future
invoices that are net 30 days we are in the process of setting up
receivables financing to accelerate the receipt of funds and gain
more rapid access to working capital.
Other activities underway to further the expansion of MOP
Environmental Solutions include the signing, on July 19, 2010 of a
Letter of Intent for the forming of a Canadian MOP Manufacturing
and Distribution facility to produce products and services for the
Oil Spill Cleanup Industry. In accordance with the terms of the
signed Letter of Intent, MOP Environmental Solutions would have a
60% controlling interest in the plant and would share 50% of the
net profits. In addition to increasing MOP production capacity in
anticipation of the ability to commit to and service large
accounts, this Canadian operation will be able to take advantage of
Canadian Business Development Programs such as those available
through EDC Export Development Canada.
In an effort to provide financial disclosure to the investing
public, we will be posting our June 30th, 2010 financial statements
with Pink Sheets shortly upon receipt from our accountant. This
should bring us to a "Limited Information" status with Pink Sheets.
In the coming months we will be working to move our status with
Pink Sheets to "Current Information." We intend to maintain prompt
full financial disclosure as we mature the company.
The BP Gulf oil spill is one of the greatest tragedies of our
times. It is more than 10 times the size of the infamous Exxon
Valdez spill whose oil persists in the sands of the beaches 20
years later. MOP holds the exclusive answer to thoroughly and
economically clean up oil spills, like the Exxon Valdez, the Gulf,
and other large oil spills the world over that are not and have not
been contained or resolved by today's expensive yet ineffective
recovery efforts.
The BP oil spill has drawn attention to our small company like
never before. We are in turn, using this opportunity to grow this
company as rapidly as possible. It is a classic case of how a small
company with a great product can seize the moment to effect its
rapid growth in every reasonable way possible.
Let us also look at one of our most valuable resources,
YOU! By the process of self-selection you
are, as a group, as intelligent, motivated, loyal, and enthusiastic
as any group of shareholders and employees of a company could
possibly be. The 500 plus (and growing) members of the MOPN
Community are impressive and gratifying. Investors and friends from
the MOPN Community have stepped forward to promote and demonstrate
our MOP product. We have been receiving offers of help at all
levels, including professional, legal and financial. We are
beginning to realize that the MOPN family is indeed an exceptional
resource that can share in the excitement of our progress in many
possible ways. We intend to explore the possibilities further in
the weeks to come.
The BP oil spill is not forever. To put this in perspective the
estimates are between 100,000,000 and 180,000,000 gallons of oil
have spilled in the Gulf of Mexico. The recovery effort, if
anything like the Exxon Valdez, will likely take years. However it
would take at least one hundred BP Gulf oil spills to equal the
18,000,000,000 gallons of liquid hydrocarbons spilled in Ecuador.
Still other locations such as Baku, Azerbaijan have been leaking
oil on land and in lagoons continuously for over 60 years and are
arguably the largest oil spills on earth. These locations represent
our markets for the future and they are virtually unlimited in
comparison to the Gulf oil spill. We continue to pursue other
global interests and opportunities and are looking forward to
contribute to the enormous clean up effort in Ecuador.
In the meantime, we will do our best to keep you informed of
meaningful developments within the Company. Once again, we thank
you for your support and enthusiasm for MOP Maximum Oil Pickup.
Safe Harbor for Forward Looking Statements: Except for
historical information contained herein, this press release
contains forward-looking statements that involve risks and
uncertainties, including but not limited to economic, competitive,
governmental and technological factors affecting the company's
operations, markets, products and prices as well as other factors
addressed in the company's filings. 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.
Charles Diamond
President and CEO MOP Environmental Solutions, Inc.
For more information about the Company please visit the website:
www.MOPEnvironmental.com
CONTACT: Wayne D. King (603)-786-9378 MOPEnvironmental@gmail.com
MOP Environmental Solutions, Inc.
MOP Environmental Soluti... (CE) (USOTC:MOPN)
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