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Commercial success makes for a crazy schedule

From: Riggs Eckelberry
Los Angeles, April 10, 2013

Good morning!

Jose Sanchez is the General Manager of our Algae Division. A recognized expert in the commercialization of algae, he helped Mexican lawmakers establish the country’s biofuel industry.

Jose’s crazy travel schedule

Jose Sanchez is also a very busy man. The intense commercial interest in our Algae Appliance™ has him shuttling the globe like Henry A. Kissinger.

For starters, you can catch him this weekend at the National Algae Association’s Algae Farming Workshop at the Woodlands in Houston.

He’ll be presenting on something that is creating even more excitement than the harvesting story, if you can believe it.

Let me tell you what happened last month.

The jar that made a sale

Last month in Singapore, my brother Nicholas (our co-founder and chief inventor) showed up at a meeting with a major prospective customer.

He brought with him a small jar of month-old algae. The jar was passed around the table. And right then, he sold an Algae Appliance Model 4.

How did a month-old jar of algae paste sell an Algae Appliance? Simple: THE ALGAE DIDN’T SMELL!

That’s a big deal, because when you concentrate algae, it starts to smell like rotten fish in just a few hours. But not ours!

Keeping algae healthy algae while it is growing, and after it’s harvested? Only OriginOil can do that. It’s all in this video.

What Nicholas will bring next

Now at the end of May, when Jose goes to install that system in Singapore, Nicholas will come back with him. This time, he plans to bring our aquaculture prototype. Do you think he’ll make a sale?

In this photo published today on our Facebook site, he showed us the parts to the prototype he and our Operations Manager, Andrew Davies, are building.

Soon the huge fish farming industry in Southeast Asia will have a way to remove ammonia without chemicals, and destroy bacteria just the same way we do it for algae.

Rapid multi-industry deployment 

You see, we don’t have to invent a whole new technology each time. We just take the same basic technology and engineer it for the new application.

That’s why we know we have a home run for the world’s aquaculture industry, which is worth more than $100 billion per year. But they have a terrible problem with ammonia from urination, and from bacteria and viral invasions.

Asia is really the best place to launch our commercial efforts. According to Food and Agricultural Organization of the United Nations (FAO),

Asia accounted for 89 percent of world aquaculture production by volume in 2010, and this was dominated by the contribution of China, which accounted for more than 60 percent of global aquaculture production volume in 2010.

Other major producers in Asia are India, Viet Nam, Indonesia, Bangladesh, Thailand, Myanmar, the Philippines and Japan.

It’s a very good thing indeed that our Chief Inventor has taken a personal interest in the Asian market…

I’m traveling too!

Next Tuesday the 16th, I’m honored to speak on two panels at the one-day “Pathways to 100% Renewable Energy” Conference in San Francisco, organized by the prestigious Renewables 100 Policy Institute.

Please join me! Here’s the signup page.

These are the panels I’m serving on:

1:45PM – 2:50PM Panel 3:
Integrating 100% Renewable Energy Into the Transportation Sector

2:50PM – 3:55PM Panel 4:
Zero Energy Buildings: Samples and Best Practices from Around the World

Speaking of Zero Energy Buildings, there’s great news on the way from Ennesys, our Paris urban algae joint venture! But I’m out of room for today.

Enjoy the rest of the week!

Riggs and Team

“They gave it to us…we brought out that gunky stuff and they saw dollar signs!”
CEO Riggs Eckelberry on the Voice of America.

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.

 
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