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The Neck of the Hourglass

From: Riggs Eckelberry
Los Angeles, January 14, 2011

From: Riggs Eckelberry
Los Angeles, January 14, 2011

Good Morning!

In this week's MoneyTV interview, I discuss our new company focus on the midstream, what I call "the neck of the hourglass", for its strategic importance in connecting growers with refiners.

The global scope of the algae business is becoming clear, and it makes sense to specialize now.

In this interview I also reveal what we're doing with all those growth processes and inventions that aren't our focus now.

Answer: help the growers!

Brian Goodall's NAA Presentation

Yesterday, our CTO presented on "2nd Generation Harvesting Second-Generation Dewatering & Extraction Technologies" to the National Algae Association's quarterly forum in The Woodlands, Texas. You can view the presentation here.

In-depth and very well received by the Association members.

Flooding in Queensland? We're fine.

Scott Fraser reports:

"Our existing site is 'dry' at JCU as it is intentionally set up for annual flooding that usually occurs during their monsoon as Queensland is tropical.

"The other proposed sites are at power stations, only one is near area of flooding, but had good planning from the government and utility engineers back in the day – and are thus High and Dry."

Good news for our friends Down Under.

Enjoy your weekend...

Riggs and team

Riggs Eckelberry
President & CEO
OriginOil, Inc. (OOIL)

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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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