MOP Environmental CEO Presents the Case for "MOP(TM) Maximum Oil Pickup" as the Best Option, First Response to the United States
July 09 2010 - 2:07PM
Marketwired
MOP Environmental Solutions (PINKSHEETS: MOPN) President & CEO,
Charles Diamond, has released the text of his testimony submitted
to the Congressional Committee on Small Business and
Entrepreneurship regarding the Gulf Oil Spill, Chaired by Senator
Mary Landrieu of Louisiana. The complete testimony can be viewed on
the Company's website at www.MOPEnvironmental.com. In his testimony
Mr. Diamond states his case as to why MOP Environmental's patented
oil pickup product, "MOP," should be considered as the "
best option FIRST RESPONSE for oil recovery in the Gulf Oil
Spill."
Mr. Diamond stated in his testimony that, "I
contend that the use of MOP Bulk Sorbent as the FIRST RESPONSE to an oil spill is the
best option you have to neutralize all the potential harmful
effects, both environmental and economic, of an oil spill such as
you now have in the Gulf." Mr. Diamond went on to say, "Had
our absorbent and method of deployment been used within the first
48 hours... we would not be sitting here discussing a spill that
would have otherwise been contained from the beginning." This
comment is followed by the benefits and economics of MOP that he
illustrated by saying, "MOP captures and recovers up to 100,000
barrels (i.e. much higher than the estimated Gulf discharge rate)
of spilled oil a day using a capital expense of merely $100,000 for
deployment equipment, with under $3,000,000 in product. Add to this
approximately $50,000 a day for cost of retrieval of oil valued at
$5,000,000 based on $50 per barrel... for an overall profit of up
to $2,000,000 or more a day, and the value of this approach becomes
distinctly apparent... instead of the billions of dollars that have
already been spent and untold extensive damage that could have been
prevented."
Mr. Diamond also went into great detail discussing the
Environmental benefits to using MOP and how it naturally
biodegrades oil, and alternatively, through application of a Carbon
Negative Bio-Char process advocated by Interior Secretary Ken
Salazar, produces a soil amendment that boosts agricultural yields
200% to 400% while reducing Global Warming. Mr. Diamond stated,
"This process is notable as the only known natural process that
once started continues to grow and to further help reverse Global
Warming, while boosting agricultural yields (equivalent to making
more land)." As Mr. Diamond clearly states, "MOP bulk sorbent is
the ultimate, 100 percent natural sorbent product that is As Safe
to The Environment as a Leaf Falling Into Water."
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.
Regarding the Gulf Oil Spill, MOP Environmental's patented
product, MOP Maximum Oil Pickup, has the ability to capture and
contain the Gulf Oil Spill at its source and all locations out to
its furthest perimeter including the marshlands and beaches. Where
the oil has landed on beaches or land, it will separate and remove
the oil from the soil or sand on site quickly. MOP Environmental's
oil-only pickup product is called MOP Maximum Oil Pickup. MOP
floats, is all-natural, and it is safe to the environment, birds,
animals, and aquatic life. It is rapidly deployed at over 150 mph
using MOP Environmental's MOP-Cannon and removed using their
MOP-Vac. MOP can be applied above water or below water where it
floats up and locks in oil, completely neutralizing all potential
harmful effects of the spilled oil. It is the only known oil
recovery method that will work under all weather conditions. The
oil can be retrieved for re-use where the resulting profit is
greater than the expense of cleanup.
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, 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.
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