2012: The Year of Algae
From: Riggs Eckelberry
Los Angeles, December 27, 2011
I trust that you are enjoying the holiday break, and that you are getting ready for a great year ahead.
The Top 100 People in Bioenergy, 2011-12
Once again you named me to this list, and I’m honored and thankful.
With several high-profile IPOs last year, Bioenergy is becoming Big Business. Which makes it all the more amazing that I’m even on this list.
OriginOil isn’t a big company. But we are working hard to make algae into Big Business in 2012!
Why 2012 will be the Year of Algae
In the closing months of 2011, we’ve seen these game-changing events:
- commercial flights fueled by an algae blend.
- a record purchase of algae-based fuel for the Navy’s Green Fleet.
- the funding of a joint venture to help build bio-refineries using algae blends.
- a research program to blend algae with many other potential fuels.
Blending algae with other feedstocks is jump-starting it into a major role in creating biocrude.
From there, you get gasoline, diesel, jet fuel, plastics… anything you can get from petroleum.
The game is changing, fast.
Accelerating Pace in 2012
After such a hot end of 2011, do you think things will slow down in 2012?
On the contrary, I am sure that things will speed up.
Do you think that we will play a part in this speedup? I will let you draw your own conclusions!
May you and yours have a safe and successful 2012.
Riggs and team
President & CEO
OriginOil, Inc. (OOIL)
Read about The US Navy’s Amazing Biofuels Program
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.