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SLUP Solucorp Industries Ltd (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Solucorp Industries Ltd (CE) USOTC:SLUP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Solucorp Introduces Environmentally "Helpful" Green Packing Chips as Corporate Emphasis Shifts From R&D to Sales and Marketing

22/09/2008 1:00pm

Business Wire


Solucorp Industries (CE) (USOTC:SLUP)
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From Jul 2019 to Jul 2024

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Solucorp Industries Ltd. (OTC: SLUP) has introduced its third Green product -- environmentally “helpful” packing peanut chips, commonly referred to as “peanuts.” Solucorp’s environmentally “helpful” IFS packing peanuts represent another of the company’s patented Integrated Fixation System (IFS) heavy metals remediation delivery technologies. The IFS “helpful” packing peanuts are made of static-free organic starch and contain the Company’s patented Molecular Bonding System (MBS) heavy metals remediation technology which, when released, will react in the presence of moisture and permanently remediate any hazardous heavy metals that may attempt to leach out. In the past, packing peanuts were made from non-biodegradable petroleum-based products until pressure from environmentalists caused manufacturers to begin using biodegradable starch peanuts, which would disintegrate causing no harm to the environment once the chips are disposed. These peanuts were commonly referred to as environmentally “safe” and often were dyed green. Manufacturers, distributors or any other entity that ships parts or other merchandise to their customers use packing peanuts worldwide. Packing peanuts are used because they are lightweight, surround the entire product and interlock firmly for total protection during shipment or storage, and are cost effective. Solucorp is currently in discussions with Real Time Marketing, LLC to assist in the marketing of the environmentally “helpful” packing chips. Solucorp’s LEAD OUT Paint Stripper sales have begun to gain traction due to marketing via a commercial website (www.leadoutpaintstripper.com) designed and managed by Real Time Marketing. The IFS LEAD OUT product is a soy-based stripper incorporating Solucorp’s patented MBS technology. The MBS technology reacts with lead and other heavy metals to provide a one-step remediation of the metals while stripping the paint. The website has added in excess of 100 new customers for the LEAD OUT product and Solucorp is beginning to experience repeat orders. Solucorp also markets its IFS-2C mercury control technology, targeted to coal burning utilities, under the trade name MetalliFIX through CoaLogix Inc., its exclusive licensee to the coal burning power generation industry. Having passed several tests and demonstration milestones in laboratories and at working power plants, Solucorp is focused on the commercial sales of this product to the power generation industry. “We are pleased with the efforts of Real Time Marketing LLC, and look forward to further improving sales as we expand our sales and marketing relationships. Our environmentally “helpful” peanuts mark another milestone as Solucorp shifts from R&D to sales and marketing.” states Noel E. Spindler, President of Solucorp’s Integrated Fixation System subsidiary. About Solucorp Industries Ltd. Solucorp Industries Ltd., www.solucorpltd.com is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc. The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult-licensed professionals prior to making an investment decision.

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