August 11 - Purio Inc. Provides Update on Mobile Water Treatment Demonstration and Initial Testing
Purio Inc. (OTCBB: PURO) Purio Inc. is pleased to announce that its drinking water clarification/purification demonstration taking place in the prairie province of Saskatchewan Canada has produced very satisfying in-house product water analysis and that product water samples from a series of test ports strategically positioned on the machine will be obtained during routine operation of the equipment and submitted to an accredited independent lab early in this week.
Leonard Girard, Chief Science Officer for Purio Inc. says, "Purio has operated the down-scaled model of our patented technology using a variety of water samples and that exercise has proven the unit's ability to produce fresh, clear, safe drinking water from contaminated and unsafe sources. Our next step is to prove the results in a recognized and accepted format which is only possible through an independent recognized lab."
"As a further demonstration of the unit's ability, around mid-week, we are preparing to move the unit to a new location at a shallow lake near a recreational resort village to show the transportability of the unit, and its ability to produce safe water from a variety of sources," Girard comments. "We will also be ordering and reporting on a complete battery of lab analysis on that operation as well."
Earl Switenky, spokesman for Purio Inc. says, "Because our technology clarifies water without the use of membranes, we have captured the attention of interested parties from around the world. Some have admitted their skepticism that they don't believe that our claims are possible. Through our operations and testing through this week, and the following accredited lab reports, we intend to make believers out of even the most discriminating observers. The economical processing methods we use may open doors of possibilities for thirsty communities and companies around the world who simply won't accept unsafe drinking water any longer."
July 31 - Purio Inc. Completes Move of Compact Mobile Water Treatment System to Its First Demonstration Location
Purio Inc. (OTCBB: PURO) announced that it has completed the move of its compact mobile water treatment system to its first demonstration location.
"Our preliminary mechanical testing of the new unit was completed to our total satisfaction with all systems functioning superbly," says Earl Switenky, spokesmen for Purio.
"As planned, our first demonstration is designed to produce drinking water. The unit will be drawing water from a stagnant and polluted pond formerly used to water livestock," says Leonard Girard chief science officer for Purio. "This water certainly is unsuitable for human consumption as is, and this demonstration is designed to prove our unit's ability to produce safe drinking water from such sources economically."
Purio will be submitting water samples to recognized testing laboratories and reporting the results.
In the coming weeks the unit will be moved to a municipal location that will provide an ideal demonstration of the unit's capability to clarify and sanitize residential waste water for recycling purposes.
July 17 - Purio Inc. Reiterated 'Speculative Buy,' Target Price $1.10 by Beacon Equity Research
Purio Inc. (OTCBB: PURO) receives reiterated Speculative Buy with a price target of $1.10 by Beacon Analyst, Victor Sula, Ph.D.
The full report is available at http://www.beaconequity.com/adpages/PURO.
In the report, the analyst writes, “PURO has made good progress advancing its technology in recent weeks and has demonstrations planned for the summer. Strong interest from customers in India, Africa and other developing nations evidences the revenue potential of the technology … We anticipate the Company will begin generating revenues in 2008 and look for revenues to reach a $15 million annualized run rate by year-end 2009.”
OTCPicks.com provides stock market coverage of OTC Bulletin
Board, Pink Sheets, small cap, and penny stocks. We provide stock market news,
stock quotes, stock charts, stock research and hot penny stock picks. Investors
can utilize OTCPicks.com services to research a variety of small cap and penny
stocks. OTCPicks also provides investor relations services to emerging micro
and small cap companies; providing investor awareness services, comprehensive
stock coverage, stock news alerts, and client stock newsletter coverage.
OTCPicks.com is the premier provider of stock information for investors looking
to buy the well performing small cap and penny stocks. Best of all OTCPicks.com
membership is completely free.
