OriginOil To Launch Product Line To Treat Frack Water


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OTC:BB:OOIL / OTC:BB:AXPW / OTC:BB:BBLU / OTC:BB:RNBI
05/15/2014 [ACCESSWIRE]

OriginOil, Inc. (OTCQB: OOIL) saw its share volume skyrocket on May 14th with 2,018,779 shares exchanging hands, more than five times higher than its three month daily average volume of 368,884 shares.

This surge in volume comes after OriginOil developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, announced plans to launch a product line that can treat frack water from end to end. This product, CLEAN-FRAC™, is based on OriginOil’s P1000 platform, which is designed to process 1000 barrels per day of frac flowback and produced water.

"Until now, we have only offered our core water cleanup system to licensees, so that they could add their own modules to treat water to the stage their customers need," said Riggs Eckelberry, OriginOil CEO. "Now that we plan to acquire companies with strong capabilities, we intend to make CLEAN-FRAC the complete solution they can offer service companies and operators."

OOIL closed at $.188 on May 14th, 14.63% higher than its previous close of $.164.

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Axion Power Received Purchase Order For More PowerCube Energy Storage Systems

Axion Power International, Inc. (OTCQB: AXPW) saw its share volume rise on May 14th with 1,846,681 shares exchanging hands, slightly higher than its three month daily average volume of 1,301,028 shares. 

This uptick in volume comes after Axion Power International the developer of advanced lead-carbon PbC® batteries and energy storage systems, announced that it has received a follow-on purchase order for four more PowerCube™ energy storage systems from its strategic partner, a NJ-based solar installer for commercial and residential markets. The Cubes will provide storage for energy created by a commercial solar panel system and service the frequency regulation market on the PJM grid.

The purchase order - valued at just north of $1,100,000. - includes batteries, racks, wiring, a data communication system and the electronics coordination needed to outfit and install the PowerCubes. Each of the PowerCubes will be tied to solar arrays that produce between 500kw and 700kw of power and the PowerCubes will each provide 500kw (both 500kw up and 500kw down) for frequency regulation.

AXPW closed the day at $.1755 May 14th, 26.26% higher than its previous close of $.139.

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Blue Earth Releases First Quarter Results

Blue Earth, Inc. (OTCQB: BBLU) saw its share volume jump on May 14th with 172,490 shares exchanging hands, significantly higher than its three month daily average volume of 111,876 shares.

This uptick in volume comes after Blue Earth, an alternative/renewable energy and energy efficiency services company, announced its results for the first quarter of 2014. 

Total consolidated revenue for the first quarter of 2014 was $3,234,217, an increase of $1,070,887 or 49.5%, when compared with consolidated revenue of $2,163,330 for the first quarter of 2013. The current revenues represent sales from the Company's divisions, Blue Earth Solar ($1,826,309) Blue Earth Energy Management Services ($1,355,049) and Blue Earth Energy Power Solutions of ($52,859).

"The increase in our revenue for our energy efficiency, solar construction and maintenance operating segments was approximately as expected for the quarter. It is anticipated that most of our increased revenue forecast for 2014 will occur in the last two quarters of the year, with the fourth quarter expected to be the highest revenue quarter by a substantial amount. We are pleased to see the increase in consolidated gross profit. It is anticipated that there will be less non-cash expenses associated with employee compensation as we move forward, although amortization and depreciation expenses should increase as we build, operate and own the CHP power plants that are expected to make us a significant independent power producer," stated Johnny R. Thomas, CEO of Blue Earth, Inc.

BBLU closed at $2.85 on May 14th, 2.4% lower than its previous close of $2.92.

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Rainbow International Corp. Sees Share Volume Surge

Rainbow International Corp. (OTCQB: RNBI) saw its share volume skyrocket on May 14th with 8,523,378 shares exchanging hands, almost ten times higher than its three month average share volume of 869,775 shares.

With no new news on the company, one can only speculate why this uptick in volume occurred, but here is what we do know:

Rainbow International is a development stage company, acquires and explores mining properties in Turkey. The company primarily explores for lead, zinc, copper, silver, and gold. Its projects include the Kayseri Field covering an area of 144,39 hectares in the Kayseri province; Artvin comprising 1969.2 hectares; Gumushane covering an area of 218,83 hectares; and Corum.

RNBI closed at $.1845 on May 14th, 36.67% higher than its previous close of $.135.

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