MOP Environmental Solutions Obtains Vendor Status From Major Oil Company
12 8월 2010 - 10:20PM
Marketwired
MOP Environmental Solutions, Inc. (PINKSHEETS: MOPN) is pleased to
announce that on August 9, 2010, one of the world's largest oil
companies, whose name we are unable to disclose without violation
of their press release disclosure terms, has accepted MOP
Environmental Solutions, as a vendor, with issuance of vendor
number, internal contact hot line, and the confirmation of its
vendor status.
Mr. Charles Diamond, MOP Environmental President and CEO states,
"Achieving vendor status with one of the world's largest oil
companies was difficult to attain, and a major accomplishment that
carries with it, significant long term growth benefits."
"With Bibby Financial Services as our collaborating financial
partner we have begun to re-train our sales staff to educate them
regarding the offering of better terms to capture large orders from
large customer accounts. Our new financial partner, Bibby Financial
Services has deep pockets that can really make a difference when
going after those larger accounts. We can now take on any size
contract since it is unlikely we will outgrow Bibby!" stated
Diamond.
CEO Diamond states, "With our confirmed Official Vendor Status
with one of the world's largest oil companies that just occurred on
August 9th, together with the assurance from our financial partner
Bibby Financial Services, we are prepared to service our new
accounts in order sizes and order frequencies that without Bibby
would be outside the financial scope of MOP Environmental
Solutions. We are grateful to Bibby Financial for their exceptional
support."
Diamond further states, "Just one facet of anticipated orders
are oil cargo vessel spill kits. U.S. Federal Regulation (33CFR
Part 155) requires all oil carrying vessels in U.S. waters to have
oil spill clean up equipment on board for on-deck spills adequate
for a minimum of 7 to 12 barrels of spilled oil. The price of each
spill kit ranges from $3,000 to $6,000 to satisfy the minimum
requirement per vessel. MOP Environmental's competitively priced
oil cargo spill kits offer far superior performance at a lower
competitive price to meet the demands of the U.S. Government
mandated vessel spill kits. There are currently 3,858 U.S. coastal
oil drilling platforms serviced by a far larger number of feeder
oil cargo ships and oil tankers subject to this mandated U.S.
Government requirement. Working with Bibby Financial Services helps
us to capture the business of very large companies since we are
able to satisfy their most preferred 60 day payment terms at a low
financial cost without any delay in our payment."
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. For information see
www.mopenvironmental.com.
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.
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, immediately restores
traction on slippery surfaces, and safely restores a clean, natural
environment.
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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