BATH, NH, March 1, 2011 (MARKET WIRE) – MOP Environmental Solutions, Inc. (MOPN.PK). has elevated its OTC Tier to “Current Information.” The company’s comprehensive information and current activities are now up to date and available.
What it means to Be Current
“Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information are designated as OTC Pink Current Information” according to OTC Markets. "This is a benefit to the Company and its shareholders since shareholders can now see detailed information on the financial results of the Company’s operations and disclosures relating to its financial policies. Hence, existing and new investors can judge and measure the progress of their investment with greater transparency” said Charles Diamond, Chairman & CEO of MOP Environmental Solutions, Inc. He continued, noting “the Company’s full disclosure year-end financial statements for 2008 and 2009 are now available and we are preparing the 2010 statements to be filed by April 15, 2011.”
Mr. Diamond further continued: “Since I became involved with MOP, my two primary goals were to position the MOPN.PK products at the forefront of the oil spill response and remediation market and to provide an increase in value and transparency for shareholders.”
The OTC Markets, Current Information Tier has over 45 Million in average dollar volume -- 3 times greater than our prior Limited Information Tier. Shareholders will now be able to trade in greater liquidity as they enter a new level of investment possibilities.
This new Tier should open the door for more broker dealers and larger brokerages to further expand trading in the Company's common stock.
Highlights from the Company’s Disclosures
Highlights from the postings include the Company’s CEO’s recent filings for International and Domestic patents on its RESCUE (Rapid Environmental Soil Cleanup Equipment) process for recovering oil from oil contaminated soil. As a result of these filing, an Intellectual Property License, Royalty and Option Agreement was signed between the Company and the CEO which provided an exclusive license to the Company to utilize the CEO’s Technology worldwide until December 31, 2030 and an option for either party to transfer some or all of the Technology at 90% of Market Value, to be determined by an independent appraisal.
The Company also stated it “continues to develop opportunities beyond manufacturing and distribution towards a comprehensive provider of oil spill remediation materials and services. In the 3rd Quarter 2010, the Company entered an agreement with Homeland Environmental Logistical Partners, Ltd., to carry each others’ products and to collaborate on ventures and spill response. In addition, the Company developed competitively priced and environmentally sustainable oil tanker spill kits for compliance with United States federal regulations found at 33 CFR §155. The product line was also expanded to include warehouse spill kits, school spill kits and mobile spill response kits. Additional advancements for the MOP technologies and processes, include MOP RESCUE (Rapid Environmental Soil Clean Up Equipment) and related MOP patent work on an ongoing basis. …
While actively engaged in various aspects of the Gulf Oil Spill, the Company presented “The Case for “MOP Maximum Oil Pickup” as the best option, FIRST RESPONSE” for oil spills in testimony to the United States Senate Committee on Small Business and Entrepreneurship for Gulf Coast Oil Cleanup.”
One current opportunity is Ecuador, where 18 billion gallons of liquid hydrocarbon contaminated land is now in need of remediation and is one of that country’s highest priorities. The photos included below show how the second cargo-container load of MOP, shipped in January, 2011, is already being used there. Discussions are underway with MOP’s Ecuador distributor, APDProyectos
The Ecuadorian photos can be viewed at the following link: www.togo.to/ecuador
ABOUT MOP ENVIRONMENTAL SOLUTIONS, INC. www.mopenvironmental.com
MOP Environmental Solutions, Inc. (MOPN.PK) 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 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, absorbent material, picks up to 30 times its own weight in oil, without absorbing water, restores traction on slippery surfaces, yet is as safe to the environment as a leaf falling from a tree. MOP offers the fastest, safest, lowest cost way to restore a clean, natural environment from any oil spill, indoors, outdoors, on land or water in all weather conditions, and uniquely can pay for itself from the offsetting revenues of its oil recovery option.
MOP Environmental Solutions, Inc. addresses All Oil Spill Needs in Three Multi-Billion Dollar Markets.
- Direct to the Consumer – Ideal for leaks and spills from Auto, RV, Motor-Home Equipment and Used Cooking Oils.
- Commercial Industrial – Every company with machinery has a need for MOP.
- International Spill Response – MOP as the First Response is The Best Option for All Oil Spills on Land or Water.
MOP ENVIRONMENTAL SOLUTIONS, INC., participated in the cleanup effort of the BP Horizon Gulf Oil Spill.
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.
SOURCE: MOP Environmental Solutions, Inc.
Wayne D. King
MOP Environmental Solutions, Inc.