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OCLN Originclear Inc (PK)

0.0068
-0.0002 (-2.86%)
Last Updated: 18:56:34
Delayed by 15 minutes
Share Name Share Symbol Market Type
Originclear Inc (PK) USOTC:OCLN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0002 -2.86% 0.0068 0.0066 0.007 0.0071 0.0068 0.0069 275,001 18:56:34

OriginOil ships first production unit: - Analyst Blog

13/07/2012 10:30am

Zacks


OriginOil ships first production unit:

Ian Gilson, CFA

OriginOil (OOIL) has shipped the first production unit of its Model 4 Algae Appliance harvester to its JV Ennesys, Paris, France, to be used for water management in the La Defense complex.

The unit will be installed at a site designed by Ennesys to test the suitability of algae production in helping large commercial buildings achieve a positive energy balance.  

The model 4 sells for about $35,000 as a test unit. Revenue recognition by OriginOil is when the unit is delivered to the site. This will be this month, July, 2012.
 

Please visit scr.zacks.com to access a free copy of the full OOIL research report.


 
ORIGINOIL NEW (OOIL): Free Stock Analysis Report
 
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