• Alibaba and Amazon dominate global e-commerce
• ChineseInvestors.com just successfully launched first hemp-infused skin care products in China
• Company aims to dominate market

When considering e-commerce, Amazon is usually the first name that pops up. However, Alibaba is, by many metrics, both China’s and the world’s largest online e-commerce company. Alibaba commands about 50% market share of business-to-consumer e-commerce in China, while Amazon is the e-commerce elephant in the United States, garnering about 44% of e-commerce sales. To achieve maximum market penetration and global exposure, ChineseInvestors.com, Inc. (OTCQB: CIIX) just successfully launched its OptHemp Product Line on both Amazon and Alibaba.

Initially launched as a specialized investment services company providing real-time commentary, analysis and educational related services in the Chinese language, ChineseInvestors.com’s long-term quest for value-add opportunities led it to stake out a position in the explosive new medical CBD market. With nearly two decades of brand recognition, a 100,000+ user base and a target market of nearly two billion Chinese-speaking people, ChineseInvestors.com launched into the CBD market in 2016. Simultaneously, the company continued to expand its core investor education business, adding a Chinese speakers-targeted daily video telecast on cryptocurrencies, and recently announce a 186 percent jump in sales for 1Q2018 in its investor relations division.

In addition to nurturing its legacy business to record growth, ChineseInvestors.com has established a significant footprint in the global CBD market in only one year. The company’s latest foray into the CBD market may be its boldest and, potentially, most profitable endeavor to date, as it aims to dominate the entire hemp-infused skin care products market throughout China. The company retails its hemp oil-based cannabidiol (CBD) products on Alibaba and Amazon under the “OptHemp” brand through its wholly-owned subsidiaries, CBD Biotechnology Co. Ltd. and ChineseHempOil.com, Inc. As indication of consumer acceptance, the company’s “CBD Magic Hemp Series” generated 40,000 views and registered over 91 units purchased just minutes after launch. Commenting on the overwhelming response to its product launch, ChineseInvestors.com CEO Warren Wang stated that it “solidifies our belief that Chinese consumers recognize that the anti-inflammatory agents and anti-oxidants contained in hemp-extract can have positive effects on the skin.”

In business for nearly two decades and with a track record of stellar revenue growth and strategic diversification, the company is primed to capitalize on its position as the first to market in China with hemp-infused skin care products through its partnerships with global e-commerce behemoths. These factors certainly suggest strong upside potential for ChineseInvestors.com.

For more information, visit the company’s website at www.ChineseInvestors.com

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• Proven patented polymer drug delivery technology
• Global topical drug delivery market set for CAGR of 9.2% over next 7 years
• Strategy to derive revenues from royalties and other licensing fees

Skinvisible, Inc. (OTCQB: SKVI) is set for a business renaissance in the coming years. The Nevada-based Company, which develops topical, transdermal and mucosal polymer-based drug delivery systems and formulations that incorporates its patent-pending technology for combining hydrophilic and hydrophobic polymer, is a player in an industry poised to double in size over the next seven years. A new market research report estimates the global topical drug delivery market will grow at a CAGR of 9.2% from USD 101.7 billion in 2016 to reach USD 205.1 billion by 2024. This is good news for Skinvisible, which derives part of its revenues from royalties and other product licensing fees. The Company is already having success in this area. It has announced a number of licensing agreements. As the global topical market continues its robust growth, Skinvisible’s licensing business appears more than skin deep.

The glowing Global Topical Drug Delivery Market 2017-2024 report by Data Bridge Market Research details some of the factors expected to drive market growth (http://dtn.fm/5Vl4i). In some instances, topical technologies have exhibited superior therapeutic outcomes, by improving the delivery of active ingredients to a targeted site, in responding to inter-and intra-patient differences without fluctuations in drug levels, and in higher levels of patient compliance.

Although the Data Bridge survey covered all skin-administered delivery systems, the term “topical” is also applied more narrowly to a medication intended to have an effect at the site of application. Such topical applications typically do not result in significant drug concentrations in the blood and other tissue and cause fewer adverse reactions. They are contrasted with transdermal medications, which are absorbed through the skin or mucosal membranes, and are intended to have an effect in areas of the body away from the site of application. Transdermal administration is an excellent method to use when a patient is unable to swallow or for medications that are significantly metabolized by the liver, and is frequently utilized for anti-nausea drugs, hormone replacement therapy, and generalized pain. In addition to these technical factors, an increasing aging population and the growing prevalence of skin related ailments will undoubtedly contribute to topical market growth. With such rapid market expansion in the offing, drug marketers will have to rely on R&D companies like Skinvisible and their novel delivery technologies.

The backbone of Skinvisible’s licensing strategy is its Invisicare® technology, which is now truly time-tested after 15 years’ utilization in developing a portfolio of over 40 prescription, over-the-counter (OTC) and cosmeceutical products. Invisicare is a high performance polymer technology that improves how products are delivered to the skin. It improves the release of active ingredients, increases the binding of the product to the skin, improves the stabilization of ingredients and can improve efficacy, safety and consumer satisfaction. Skinvisible’s Invisicare technology enjoys comprehensive patent protection. A prescription dermatology product can generate $100 million or more a year.

For more information, visit the company’s website at www.Skinvisible.com

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• Major interest generated in Lexaria’s technology at MJBizCon
• Patented technology masks bitter taste of edibles, increases bio-absorption and reduces time to effect
• Lexaria’s proprietary tech enables lowest manufacturing cost per serving and best consumer experience

This year’s three-day Marijuana Business Conference & Expo (MJBizCon) was held in Las Vegas in mid-November, with an attendance of over 18,000 people. Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) had a full team at its exhibit, which attracted a lot of attention. The company noticed increased awareness and knowledge among conference-goers about cannabinoids and their potential health benefits. There was also a noticeable demand for improved edible products in the market, with dispensary owners showing a refreshingly new willingness to carry CBD-based edibles on their shelves and manufacturers displaying a keen interest in Lexaria’s patented DehydraTECH™ delivery technology to incorporate in their products. To accommodate all of the interest shown, as well as requests for business discussions, the company intends to expand its sales team and infrastructure.

Lexaria’s proprietary technology has been awarded patents in the U.S. and Australia, and it has patents pending in more than 40 other countries. Furthermore, it is the only company in the world to date that has a patent allowed for the oral delivery of all non-psychoactive cannabinoids, including CBD, as well as for the delivery of THC and other psychoactive cannabinoids. This delivery technology masks the taste of edibles, eliminating the need for unhealthy sugars and sweeteners used in many products to mask bitter flavors. It also increases bio-absorption of cannabinoids and other active compounds by up to 10 times and reduces the time of onset of effects, which were previously typically 60 to 120 minutes, to between 15 and 20 minutes. These capabilities are in marked contrast to other technologies through which active compounds are bad tasting upon oral intake, broken down by the liver, largely destroyed by stomach acid and unable to cross the intestinal wall to any significant degree.

In August 2015, Lexaria initiated an in vitro study which showed an increase of up to 499 percent in CBD bioabsorption in human intestinal tissues using its technology. In February 2017, Lexaria signed a collaboration agreement with Canada’s National Research Council to investigate the bioavailability enhancement of lipophilic active ingredients and to determine the best methods for processing these active compounds within foods. The company’s patents include a wide range of lipophilic active compounds that can be formulated and delivered using the company’s technology, including cannabinoids, vitamins, NSAIDs and nicotine. They also cover numerous product dosage forms, including foods, liquids, emulsions, tablets and capsules.

Lexaria prides itself on being a technology disruptor in the rapidly emerging cannabis market. For manufacturers, it reduces the cannabinoid per serving unit cost, or it can deliver stronger effects in environments where serving levels are regulated. Consumers benefit greatly from the better taste of edibles and the reduced time to effect. Lexaria has developed several CBD-based products for demonstration, testing and sales, including protein energy bars, CBD tablets, exotic teas and TurboCBD™ high absorption hemp oil capsules. To date, the company has signed royalty agreements with several companies in the United States and Canada.

Overall, Lexaria’s technology enables the lowest cost per serving and best consumer experience, which are major benefits for manufacturers of edibles in an increasingly competitive market. Judging by the level of interest in Lexaria’s patented technology generated at MJBizCon, the company is headed for a very bright future.

For more information, visit the company’s website at www.LexariaBioscience.com

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• Carl’s innovative IIoT Big Data platform technology services any industry vertical
• Rapidly expanding Big Data and IIoT market estimated at $14.4 trillion by 2022
• 2016 revenue at $1.08 million with 2018 revenue projection at $3.9 million

Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF), a developer of Big-Data-as-a-Service (“BDaaS”)-based solutions for data integration, business intelligence and Industrial Internet-of-Things (“IIoT”) applications, is headquartered in Vancouver, British Columbia, Canada. The company’s BDaaS enterprise applications platform provides custom cloud-based collection, storage, monitoring and advanced analysis of any data source of any size or complexity.

Carl Data Solutions provides smart, real-time solutions for industries that routinely face an overload of data. The company’s team of dedicated data scientists and application developers build environmental monitoring and modeling technology that collects, connects and manages data to protect industrial and infrastructure assets. As experts in data collection, storage, analytics and reporting, the team is experienced in the complex issues facing governmental and industrial sectors and is well positioned in key IIoT market segments to offer customized solutions.

Among the benefits of CARL’s Big Data solutions: turning vast quantities of information into meaningful, actionable insights for any business; gathering data from multiple sources and monitoring in real-time, allowing for better decision making and forecasting; identifying business performance issues or operational efficiencies quickly and accurately for cost and time savings; and, mitigating risks with predictive analytic capabilities to manage unplanned events.

The company’s most recent acquisitions include:

• FlowWorks, a SaaS-based monitoring, data collection, alarming, modeling and reporting system utilized by major clients across North America.
• abEmbedded Systems Ltd., a Mesh and LoRa advanced telemetry platform using industrial grade custom sensors and data loggers operating in over 250 pump stations across North America.
• Extend to Social (ETS), a social media application that adds a deep analytics layer that provides clients with valuable insights for new marketing campaigns plus behavioral characteristics for customer service, operations and product development.

Carl Data Solutions provides scalable solutions that integrate public data, Smart IIoT and legacy devices that provides real-time alarming and data analysis. Development of a framework that manages large volumes of diverse types of both structured and unstructured data, stored in an unlimited cloud-based platform that offers advanced analytics features for deeper data insights, provides instant analysis of any inbound data. CARL’s applications locate relationships and patterns, which can then predict the probability of specific events, providing valuable insights applicable to any entity dealing with operational issues and regulatory requirements. Both technical and business users are able to quickly and easily understand the impact of environmental events on infrastructure through a comprehensive suite of dashboards, geographic information systems and graphic tools.

The company’s predictive analytics, machine learning, and web-based applications can be utilized for waste and storm water management, in the protection of oil and gas pipeline stream crossings, and by hydro-electric dams and toxic tailing ponds, among other industrial uses. The global industrial IoT market alone is expected to reach USD $933.62 billion by 2025, according to a new report by Grand View Research, Inc. (http://dtn.fm/m8ILh). Businesses are seeking new operating models that will increase overall productivity, enhance operational efficiency, improve visibility and reduce complexities of various processes – all of which are targets of Carl’s Data Solutions.

An expert management team is at the company core with Greg Johnston leading as its president, CEO and director. Johnston is an experienced technology professional with a proven track record of leadership success within both large multinational corporations and small start-up technology ventures.

For more information, visit the company’s website at www.CarlSolutions.com

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• Study: Chinese consumers want to achieve greater social status through established brands, foreign goods and luxury merchandise
• MOXC sells sophisticated data to clients on what and why Chinese consumers are buying, helping translate information into efficient and effective marketing campaigns. The company is perfectly positioned between buyers and sellers
• Research finds that, in fashion, Chinese consumers want green and face-saving products

Moxian, Inc.’s (NASDAQ: MOXC) ability to attract, read, and develop real time analytics on the shopping habits of Chinese consumers in the online-to-offline (O2O) market, then selling that research to its business clients, is a vital part of its growth strategy.

MOXC is a Shenzhen, China-based company with a platform of two paid apps: Moxian+ Business and Moxian+ User. It is an integrated O2O platform operator. Sales come from paid subscriptions to those two apps, and from other related revenue streams. By developing these two apps, MOXC serves consumers and, by reading their buying habits, a growing list of business clients that wish to retail to them. MOXC is perfectly positioned between the two.

Revenue streams include targeted mobile advertising, commissions on payment processing from its China UnionPay processing module, and selling analytics and sophisticated sales data in real time to its business clients based upon the buying patterns of customers. By using the rewards of its own Mo-Points and Mo-Coins, it creates loyalty to Moxian+ User games and its social media network. Through its UnionPay module, it also supports payments from the popular AliPay and WeChat Pay.

A study of Chinese buying habits by MarketingToChina (http://dtn.fm/z8sIs) has shown that, while Chinese consumers have embraced e-commerce and want branded luxury goods, they are unique because they are often mistrustful and feel more secure with third-party payment systems, as offered by MOXC. Social media platforms are important to them, and MOXC offers that too, with Moxian+ User’s social media network and games. There are benefits to the Chinese community’s increased use of the digital market, and MOXC can read their motivations for their Moxian+ Business clients.

An example of the kind of information of value to MOXC clients: In fashion, Chinese consumers want green products and face-saving items, according to a study by The Institute of Textiles and Clothing (http://dtn.fm/QuEo5) in Hong Kong. This reflects their desire to meet social norms in all situations. They are also well aware that some Chinese apparel makers may have in the past abused the environment through water pollution. The Chinese consumer is sophisticated and wants a good public image — and will pay for it.

For more information, visit the company’s website at www.Moxian.com

• GKIT says existing line of alternative fuel trucks and engines will result in more than $1 million of new revenues in 2017 as its disrupts the trucking industry
• Company sees alternative fuel engines for agricultural equipment and stationary machines as growing GKIT’s revenues as well as branding
• GKIT will become more diverse, expand its product lines and applications to “new exciting markets,” says George Gemayel, CEO

Greenkraft, Inc. (OTCQB: GKIT) has its eyes on becoming the number one source for clean energy alternative fuel trucks in North America by disrupting the trucking industry. That would result in cleaner cities from its product line of Clean Energy Natural Gas (“CNG”) and Liquified Petroleum Gas (“LPG”) alternative fuel products in the commercial trucking industry. Key to its growth is diversification with alternative fuel engines for both agricultural equipment and stationary machines.

GKIT is a Santa Ana, California-based company which is a manufacturer and distributor of three lines:  alternative fuel clean trucks, conversion systems and engines. The company manufactures commercial-forward trucks for vehicle classes 4, 5, 6, and 7. They also make and sell alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels. Its trucks are globally sourced and the goal is to produce environmentally-responsible, reliable and cost-effective trucks for the plumbing, food services, vending, pest control, construction and landscaping businesses, and more.

The Southern California Clean Cities Coalition’s research details the savings it has achieved in cutting Greenhouse Gas emissions plus petroleum savings it has earned using alternative fuels (http://dtn.fm/TrhP5). Natural gas companies and natural gas associations are also active in promoting alternative fuel use vs. fossil fuels. The American Gas Association is one gas association targeting the use of  clean, smog-free cities and natural gas vehicles rather than fossil fuels (http://dtn.fm/6iKGt).

George Gemayel, CEO, said that GKIT would be entering “new exciting markets” in the future that will build GKIT’s revenue and brand recognition. He focused on engines for agricultural equipment and stationary machines used in various industries and different fuel options. He had already projected more than $1 million in new revenues in 2017 from its product lines — including agricultural equipment and stationary engines (http://dtn.fm/AudB1).

For more information, visit the company’s website at www.GreenkraftInc.com

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• Owns and operates fleet of tankers moving crude oil, distillates, and refined products
• Profitability increased to 13.14% from prior year’s 3.82%
• Robust global economic growth shoring up crude oil and gas prices
• Plans include moving deeper into growing markets of West Africa, purchase of additional tanker vessels

Petrogress, Inc. (OTC: PGAS), founded in 2009, owns and operates a fleet of tankers from its base in the historic Port of Piraeus, Greece, through a series of Marshall Islands subsidiaries. The company is an international merchant of petroleum products which includes reliably marketing and trading crude oil, distillates, and refined products off the coast of West Africa. The company also operates service and shipping facilities at the Port of Limassol in Cyprus and the Port of Tema, Greater Accra, in Ghana. It is actively seeking expansion opportunities, including in operating and developing natural gas production and transmission facilities along with LNG processing in the U.S., refinery operations in north and west Africa, and the transport and sales of LNG in Europe.

Petrogress has created a diversified revenue stream, giving it a significant advantage over similar companies working in the oil and gas shipping arena. A case in point is the recent formation of “PG Cypyard & Offshore Service Terminal Ltd. (“Cypyard”), through the company’s wholly owned subsidiary, Petrogress Int’l, LLC. Cypyard is concluding negotiations for an operations and management agreement covering ports in Hellenic Cyprus, including the Port of Limassol, directly with the Cyprus Ports Authority. Current plans include a long-term lease with renewal options covering all in-place port facilities, including floating dock and dry dock areas, with cranes and scaffolding, construction and repair workshops and storage, and complete on-site administrative and office space.

“I think the opportunities there are great, and dealing directly with partners in government has numerous benefits,” said Christos P. Traios, president of Petrogress Inc. in a news release announcing the venture. The recent appointment of two industry experts to the Petrogress Advisory Board is expected to help the company capitalize on future growth opportunities while simultaneously developing a comprehensive U.S. and international lobbying and government outreach program to facilitate business plans in the U.S., European Union and Africa.

Additional Petrogress Inc. subsidiaries are:

• Petrogress Co. Ltd., an international merchant of petroleum products that combines regional market knowledge with over 20 years of excellent shipping experience.
• Petronave Carriers LLC, which manages an in-house fleet of crude oil carriers and trades them in West Africa, a country known as a difficult area for navigation and trade.
• Petrogress Oil & Gas Energy Inc., which has expansion plans through a supply of liquified natural gas located in the oil fields of Texas with an eye toward exporting LNG to Mediterranean markets.

Petrogress continues to “adjust its sails” in order to meet new challenges. Opportunities include upstream oil resources and exploration, the addition of more product fleet carriers, downstream movement of petroleum products from refineries to finished sales, and sea transportation of liquified natural gas. A closely followed economist, Jim O’Neill, states that oil prices could spike more than 25% in the next year. O’Neill, now an economics professor at the University of Manchester, says the market is finally waking up to the fact that global economic growth is gaining momentum and likely expanding at 4 percent or higher. That means there will be more demand for oil, the article states, which translates into brighter days ahead for companies like Petrogress.

For more information, visit the company’s website at www.PetrogressInc.com

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App downloads in the two industry-leading stores — Apple’s App Store and Google Play — rose by eight percent year-over-year for the third quarter of 2017 (http://dtn.fm/6PkB5), reaching a total of 26 billion people worldwide with new product downloads alone, according to industry analyst TechCrunch. The report cited data from App Annie showing that revenue from those apps reached a record $17 billion during the same period.

While investment in the pre-IPO game industry is dominated by individuals with large holdings and venture capital firms, SWRM’s focus on small app developer funding and marketing through its incubation and acceleration process establishes a means by which “regular” investors can join the activity.

AppSwarm’s business incubation is one of four revenue streams it identifies, including social game development (it currently lists five games under its banner, such as “Turtles, huh?”), casino- and movie-themed applications and technical expertise contracts. The company expects to report revenues of $6 million to $7 million by the end of 2018 (http://dtn.fm/6uADc).

Its expansion into business utility apps includes a PDF document scanner under its banner, as well as a letter of intent with mobile technology developer SinglePoint, Inc. (OTC: SING), announced in October 2017, by which SWRM intends to roll out cannabis industry-friendly mobile apps (http://dtn.fm/M1Vb8).

The two companies said they expect to have their first product out within the next three months. The service-based app will facilitate business-to-business and business-to-consumer networks under SinglePoint’s subsidiary SingleSeed, which is striving to carve out its own niche in the rapidly expanding cannabis market as legalization efforts continue their march through local and national government halls across the continent.

For more information, visit the company’s website at www.App-Swarm.com

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• Demand for improved body protection for military and civilian applications likely to rise
• HighCom’s patented body armor technology is unique in the industry
• 37% increase in HighCom revenues for H1 2017 over H1 2016

Law enforcement officers are on the frontline of crime fighting efforts throughout the United States, and, with the rise in police fatalities in recent years, body armor has become a critical issue. Fox News reported that, according to a register kept by the National Law Enforcement Officers Memorial Fund, 135 officers were killed in 2016, the highest number of fatalities in five years (http://dtn.fm/7Mchq). For the current year to date, there have been 111 deaths, down by 11 percent from 2016. However, even one firearm-related fatality is too much, and law enforcement agencies are committed to ensuring that their officers are protected at all times. HighCom Global Security, Inc. (OTC: HCGS) is at the forefront of officer protection efforts through its body armor development programs, which involve the design, development, testing and manufacture of protective equipment. The company has developed a range of over 20 NIJ-compliant hard and soft armor products.

On another front, HighCom has GSA approval to supply the U.S. government with protective equipment, and it played a significant role in providing body armor for U.S. troops deployed in Iraq and Afghanistan. Its patented BlastWrap® technology is not designed to entirely resist impacts or blasts, but to reduce the impact significantly.

The product has been engineered to remove most of the energy from an explosion. BlastWrap® products are made from two flexible films of material filled with blast weakening volcanic glass beads or other suitable materials and covered with an extinguishing coating. This design lessens the effect of a blast while eliminating fireballs or flame fronts associated with the blast. All of the company’s products are configured for specific applications, whether for military or civilian use. This innovative material can be used to custom make protective barriers for any application and as a stand-alone material for insulation, ballistic armor or packaging. It can be used to provide fire and blast protection by lining any area on board aircraft, vehicles and ships.

HighCom has an extensive range of body protective equipment in both hard and soft formats. Its Type IIA armor provides body protection against small firearms, while Type II is designed to withstand impacts from larger handguns. Type IIIA body armor is the type normally employed by law enforcement officers, as it provides effective protection against high-powered revolvers. Types III and IV, on the other hand, are used to protect personnel against rifle rounds. The company’s products are designed and manufactured to the highest standards. All of its helmets conform to U.S. military specifications and undergo ballistic testing according to the NIJ 0106.01 standard, enabling HighCom to warrant their reliability in all combat and tactical situations.

Apart from law enforcement agencies, the company also supplies the Departments of Defense and Homeland Security, correctional facilities and municipal authorities. It also sells equipment to other countries in Europe, South America, Asia, Africa and the Middle East.

The company posted excellent financial results for the first six months of 2017, reporting revenues of $2.6 million, an increase of 37 percent over the same period in 2016. With both military and security agencies continually looking to improve the level of protection for their personnel, HighCom is eminently qualified to rise to that challenge and continue its business growth.

For more information, visit the company’s website at www.HighComSecurity.com

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• Patent-pending breakthrough technology to extract oil
• Environmentally-friendly and cost effective process to extract heavy oil
• Owns and operates valuable, producing oil sands resources

For over a century, oil has been the lifeblood of the world economy. Even with the advent of new power sources, oil will continue to be an indispensable resource and remain an essential commodity for decades to come. To meet unquenchable demand, the world extracts unrefined crude oil that ranges in density and consistency from thin and light weight to a thick, semi-solid heavyweight oil. Light crude oil pumped from wells commands a higher price on commodity markets, because it produces a higher percentage of fuels when refined. Heavy crude is more expensive and difficult to produce, since it’s very thick and doesn’t flow easily to production wells. Heavy oil is found predominately in tar sands concentrated in North America.

Squeezing oil out of tar sand is an expensive, laborious process. Between two and four tons of tar sand and two to four barrels of water are used to produce a single barrel of oil. Rather than drilling for oil, enormous shovels carve out open pits in the tar sands, scoop out the greasy sand, then haul it to be processed. Mining tar sands and converting it to gasoline releases three times more carbon dioxide than typical oil production and dirties vast amounts of water. Only unrelenting need drives such an economically and environmentally costly process.

With patent-pending technologies, Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is economically extracting heavy oils from oil sands, oil shale deposits and shallow oil deposits. The environmentally-friendly system is a closed-loop, solvent-based process, which dramatically lowers cost per barrel of production, produces no greenhouse gases, requires no high temperatures, leaves only clean dry sand and can easily be deployed anywhere in the world to unlock heavy oil deposits.

Petroteq has successfully launched its first extraction plant, Asphalt Ridge, in Utah and intends to rapidly scale up capacity throughout the state, which has over 30 billion barrels of previously undeveloped but now economically recoverable oil. Independent engineering estimates project 139,539,001 standard tank barrels (STB) of bitumen in place at the Asphalt Ridge site, which equates to around 87 million barrels of oil equivalent (BOE). Asphalt Ridge is one of Utah’s eight major oil sands deposits.

The price of oil has fluctuated wildly over the last 20 years from around $18 a barrel in 1998 to over $157 in 2008 to about $56 a barrel today. At any price, oil is and will continue to be the lifeblood of the world. Petroteq Energy’s environmentally friendly, cost effective solution looks to be a welcome answer to producing oil in a cheaper and cleaner way.

For more information, visit the company’s website at www.Petroteq.energy

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