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Posted: Tue Jan 6th, 2009 09:49 pm |
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Purio Invited to UNEP-Sponsored Conference, Nairobi, Kenya
Tuesday January 6, 2009, 4:35 pm EST
BLAINE, WA--(MARKET WIRE)--Jan 6, 2009 -- Purio (OTC BB URO.OB - News) today confirmed that it has received an invitation to present and demonstrate its patented technology and related equipment at an upcoming world conference to be held in Nairobi, Kenya in February of 2009, sponsored by the United Nations Environment Program.
"Purio has obviously attracted the attention of UNEP in that the invitation extended to Purio was unsolicited and limited to 25 companies worldwide," said Daryl English, President of Purio, who went on to say, "I thoroughly considered the benefits of our attendance at the program with the offsetting considerations related to pressing and more immediate development of commerce in closer locations."
"It is well known that the Continent of Africa is experiencing a water crisis in some regions and we will make ourselves available to address the outcries of those regions as soon as we are able to as a company. We are already engaged in discussions regarding our entry into West Africa and, as expected, we are finding that much coordination is required between the receiving nations, sponsoring agencies from which most or all of the money is to come, and our company," explains Mr. English.
"Purio is already receiving a steady inflow of inquiries from around the world and each situation presents us with an economic opportunity. Our focus at this time is to develop cash flow at the least expense and we feel that the company is in a position to first capitalize on the need for our equipment here in North America. Recent meetings with developers and utility companies in British Columbia and Alberta have made us aware of not only a huge demand for our technology, but a willingness by land developers and other parties to consider the Purio technology as their technology of first choice. Our job now is to provide the equipment in a form that is able to satisfy the need," continues English.
"These challenging economic times are placing demands on the management of Purio to make tough choices both in the best interest of our stockholders and in the economic interests of the company. We have decided to focus our attention on the most immediate avenues to commerce and to respectfully decline the invitation to Nairobi at this time. We would welcome the opportunity to consider a similar invitation at a future date if that might come to pass."
About Purio Inc.
Purio owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to apply its technology initially to industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. Purio will commercialize its technology via a number of channels, namely licensing strategic partners to build and sell &/or operate units outside of North America, outright sale of their second generation (patent pending) units to end users and will build, own and operate on a fee for service basis their larger permanent installation units in North America. Website: http://www.puriowatertech.com/.
Forward-Looking Statements
This press release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, that the company will receive future invitations from UNEP or attend any conferences
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the Company's ability to obtain and maintain adequate working capital requirements to operate Purio's business; (ii) the Company's ability to obtain necessary permits and approvals to operate Purio's business; (iii) the Company's ability to market and sell clarified water; and (iv) the Company's ability to negotiate and consummate license agreements for its water purification equipment. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at http://www.sec.gov/.
Contact:
Contact:
Shawn Van Damme
Investor Relations
1-877-512-1120
e-mail: svd@puriowatertech.com
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Posted: Fri Dec 12th, 2008 04:26 pm |
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Good Morning,
PURO
We are holding up nicely and building support..
However, now that we have moved from a R&D to a marketing and potentially as from recent releases, a stream of revenue is around the bend and first call can come any day.
As with a few of you that have provided a disclaimer on the participation of Market Awareness Program for PURO, the program goes well beyond just this board..This fantastic run was a culmination of many such awareness programs that started in October..This effort resulted in huge gains for which has now begun the process for weeding out and must be taken out for the next level and MMs play within these parameters.
Generally MMs don't inventory and when occasions occur these usually show up after hours like T-trades and just large volume when their books need to balance out at the end of a trading session.
Manipulation by Market Makers is an really an overstated term that carries feelings of exploitation and down right fraud, but in reality, Market Makers are not companies that appear like one night stands and then disappear, quite the contrary.. Market Makers are responsible to make a market and to meet the needs of those they are responsible for, companies, shareholders and institutions and it is to these entities where they may try to influence the best market executions.
If the Market Maker was to keep the price steady on the release of news they would find themselves with lots of buys or sells which they had no choice but to fill at the screen price (what you go by and this is their obligation, but before they could find matching orders (for every buyer has to be a seller and visa verse) they would have to change the price and they would then loose money through market exposure. This is bad for them and for us.
This happens if there are all sells and the price is going up? The explanation is that the Market Maker had an order to fill and no stock to fill it with (this trade would not have shown up on your screen until somewhat later, which are referred to as delayed trades in after hours or a strange order going through mid-day that totally screws with the charts..). Under their obligations to create liquidity in the share, the Market Maker is obliged to gather an inventory (Stock holding), but only until they can meet the above obligation. This is only possible if they can encourage people to sell, which can be achieved by raising the price...The order is likely to have been large enough allowing the Market Maker to gather a decent premium on the price. So once the order is filled and the market volume returns to their normal levels, so does the share price. You can see this through the daily highs and lows along with the volume at these particular trades in time or in sequence.
Two attractions that make this an interesting play regardless of the shenanigans that is so prevalent in this arcade,their business model and their share structure .The business model has a worldwide purpose and demand..It's patented technology with proven compliancy field tests..You will find this info in previous PR and website.Their share structure is extremely attractive and this of course can always change and must be watched.
The interest from the Awareness Program by many and Beacon Research has set the stage and now the company needs to step up and continue with Releases and positive announcements.
This trading has been tagged for PURO and the low share structure makes this for daily swings all on low volume..No concerns..
Yesterday's .14 was short lived and between .14 and .16 was much discussed gab that also needed to be filled for reason if only to take out the profit-takers and establish a new support bench...All this was done on low volume and wide spreads for the interest of MMs and how they manipulate a daily trading session..For what it's worth, gaps fill or "backfill" happens for a number of reasons and represents to me a breather to rest under such gains.Not all gaps fill,but it's always interesting to work within that sentiment..
Our market cap with the current O/S of 55 million x .16$ prs = $8.8 million..
For us to maintain this level or share price,the current market cap of $8.8m, needs substance or real value..Real value is Intellectual properties (patents), can justify a .10 prs and on intellectual content alone, would give the company a market cap of $5 million...
Once the company releases actual contracts and this will probably come in the very near future and new partnerships can easily justify a market cap of $10 -$15 million under the same share structure,thus give us a .20 - .25 prs respectively.
This is an exciting issue and by watching the share structure for any sudden changes, the next quarter (09) will give us much more insight what shareholders can expect on their ROI..
Have a good day
Varok
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Posted: Wed Dec 10th, 2008 02:53 pm |
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Purio to Assess Marketing and Manufacturing Facilities in British Columbia
Dec 10, 2008 9:30:00 AM
BLAINE, WA -- (MARKET WIRE) -- 12/10/08 -- Purio (OTCBB: PURO) executives Joseph Swanson and Earl Switenky have accepted the invitation of a British Columbia manufacturing firm to visit its facilities on Vancouver Island during the week of December 15th, 2008.
"The purpose of the visit is threefold," says Mr. Swanson. "We know that there is an immediate demand for our equipment throughout British Columbia. The region is experiencing an increasing demand for real estate development and many of the most desirable areas are not serviced with water and wastewater infrastructure. This area boasts some of the most beautiful alpine and ocean side real estate in North America and the difficulty of servicing these new developments with conventional treatment systems is severe. Numerous development proposals are for island settings where each location is a stand-alone project. A number of developments are being held up by regulatory bodies simply because they are not able to provide water and wastewater services. We feel that the Purio technology is ideal in addressing the needs of these developers. One of our objectives in the tour is to determine the ways in which Purio equipment may be deployed to service these developments."
"Second on our list of goals is to select a suitable location at which to set up our treatment system in order to demonstrate it and gather performance data in order to obtain the permits required to operate our wastewater treatment equipment in British Columbia," continues Mr. Swanson. "This process will be valuable to us in that it will give us first-hand information that we require in order to custom design our equipment to best serve that market."
"Our third objective in the tour is to determine the suitability of a proposed manufacturing facility in the region," says Earl Switenky. "We've found experienced entrepreneurs in that region who have proposed to both market our technology and manufacture our products. They are intimately familiar with different aspects of real estate development and are already involved in manufacturing to serve that industry. One advantage of the location of this market is that it's really just out our back door."
About Purio Inc.
Purio owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to apply its technology initially to industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. Purio will commercialize its technology via a number of channels, namely licensing strategic partners to build and sell &/or operate units outside of North America, outright sale of their second generation (patent pending) units to end users and will build, own and operate on a fee for service basis their larger permanent installation units in North America. Website: http://www.puriowatertech.com.
Forward-Looking Statements
This press release "contains forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, that the company will reach any manufacturing arrangement with proposed facility in British Columbia
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the Company's ability to obtain and maintain adequate working capital requirements to operate Purio's business; (ii) the Company's ability to obtain necessary permits and approvals to operate Purio's business; (iii) the Company's ability to market and sell clarified water; and (iv) the Company's ability to negotiate and consummate license agreements for its water purification equipment. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at http://www.sec.gov.
Contact:
Shawn Van Damme
Investor Relations
1-877-512-1120
e-mail: svd@puriowatertech.com
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Posted: Mon Dec 8th, 2008 02:42 pm |
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Purio / Malaysian Company Discuss Marketing and Manufacturing Arrangement
Dec 8, 2008 9:30:00 AM
BLAINE, WA -- (MARKET WIRE) -- 12/08/08 -- Purio (OTCBB: PURO) is pleased to report that it is engaged in discussions regarding the marketing and manufacturing of its products in Malaysia. The Malaysian company states that the portability of the Purio equipment makes it ideal for the oil and gas exploration industry in that region because drilling rig personnel are housed in portable camps. The transportability of Purio equipment, whether the application be for drinking water purification, or wastewater treatment appears to be very suitable for this type of application.
Malaysia is strategically located to potentially supply to a broad market in Southeast Asia. The country's historical roots go back to its formation from the union of a group of British colonies therefore its government is modeled after the British Parliamentary system. This Southeast Asian nation experienced an economic boom and underwent rapid development during the late 20th century with rapid growth averaging 8% from 1991 to 1997. Malaysia is strategically positioned as one of three countries that control the Strait of Malacca, therefore international trade plays a large role in its economy. It is a world-class producer of tin, rubber and palm-oil. Malaysia has a well developed manufacturing industry which has a significant influence in the country's economy.
About Purio Inc.
Purio owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to apply its technology initially to industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. Purio will commercialize its technology via a number of channels, namely licensing strategic partners to build and sell &/or operate units outside of North America, outright sale of their second generation (patent pending) units to end users and will build, own and operate on a fee for service basis their larger permanent installation units in North America. Website: http://www.puriowatertech.com.
Forward-Looking Statements
This press release "contains forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, that the company will meet with Malaysian Company or that the company will develop any ongoing relationships with such company for the application of the company's water treatment technology.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the Company's ability to obtain and maintain adequate working capital requirements to operate Purio's business; (ii) the Company's ability to obtain necessary permits and approvals to operate Purio's business; (iii) the Company's ability to market and sell clarified water; and (iv) the Company's ability to negotiate and consummate license agreements for its water purification equipment. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at http://www.sec.gov.
Contact:
Shawn Van Damme
Investor Relations
1-877-512-1120
e-mail: svd@puriowatertech.com
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Posted: Thu Dec 4th, 2008 03:59 pm |
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- PURO -
Trading 12/4 .18
Purio Environmental Water Source Inc.
Address:
1048-1685 H St
Blaine, WA 98230
Investor Relations
Shawn Van Damme -
1-877-512-1120
svd@puriowatertech.com
http://www.puriowatertech.com
Website: http://www.puriowatertech.com/
Authorized: 375,000,000
Outstanding: 55,234,603
Free Trading: 27,500,000
Restricted: 27,734,603
EMPIRE STOCK TRANSFER INC.
2470 Saint Rose Pkwy, Suite 304
Henderson, NV 89074
Phone: (702) 818-5898
Fax: (702) 974-1444
Email: mjb@empirestock.com
Web: http://www.empirestock.com
About The Company:
Purio Environmental Water Source Inc.
Purio operates to provide practical solutions to the growing global water crisis. The World Water Commission recently released startling facts in its recent 33 page report to further concern about the worlds growing water shortage. The report states that an estimated 1.1 billion people lack access to safe drinking water, three billion don’t have the means to access sanitized water, and another 500 million live in countries with barely enough water for their people. Furthermore the recent report indicates that world water consumption will increase by 40% over the course of the next twenty years as demand for personal, industrial and agricultural uses increase worldwide. When linked together the figures surrounding this crisis are staggering.
Purio’s first order of business was the acquisition of patented water treatment technology that has the potential to satisfy a significant demand for clean water suitable for human consumption, agricultural, industrial, domestic and recreational uses. The patented technology has a wide range of applicable capabilities including wastewater treatment, process water re-cycling, and drinking water production. The technology works as a continuous-flow water/suspended-solids primary separation system. The process mechanically separates suspended solids from liquids, without the use of membranes or filters. When the process is applied to residential wastewater, the solids can be further processed through various forms of bio-reduction technology including composting thereby creating a value-added by-product suitable for uses in agriculture, horticulture, or landscaping. It is believed the same clarification equipment; because of its versatility has similar potential for the economical reclamation of process water normally disposed of in industrial and agricultural applications such as food processing. Ever-rising energy prices are providing an increasing economic incentive to processors to re-cycle water whenever possible. Lastly, the technology is also capable of primary clarification of dirty surface water from ponds/rivers as a first stage in providing safe drinking water. Clarified water may be further sanitized by ozonation and polished by such means as Reverse Osmosis to become high-quality potable water.
With the technology in place Purio has positioned itself to substantially benefit from the growing world water market. Globally the water market is an estimated $400 billion dollars with indications that it will continue to grow in the long term. The industry supported by this water crisis is expected to grow exponentially in countries such as China and India specifically, because of their naturally high population, and higher then average pollution.
The Purio technology was independently tested by Canadian Environmental Technology Advancement Corporation-West (CETAC-WEST). Operational data from the test facility, a wastewater treatment plant serving a community of 120 homes over a nine month period and exceeded initial expectations. The evaluation confirmed the unit’s ability, alone, to meet “enhanced primary” treatment objectives in terms of BOD (biological oxygen demand) and TSS (total suspended solids). It exceeded expectations by reaching “tertiary” standards in phosphorus removal.
Purio Environmental Water Source Inc. appears poised to continue to grow its share in the market in the near future. With a strong corporate management team, lead by executives with vast experience in this cutting edge industry, Purio continues to grow its operations. The company has continued research to develop a second generation separator which utilizes the latest digital technology in its control system as well as other design modification to demonstrate improvements in cost of manufacturing, economy of operation, space-efficiency and simplicity. The company continues to strive in advancing its product development in an effort to improve the efficiency of its operations and its ability to deliver a strong product to the global market. With world wide awareness of the global water shortage growing exponentially it will be interesting to see the impact that Purio can make in its industry and the world.
Management Team:
Earl M. Switenky, Chairman
As Chairman of Purio Incorporated Earl M. Switenky brings a strong educational background and impressive experience in several capacities throughout the business world to his position. Furthermore, Mr. Switenky has nearly three decades of executive management experience, and nearly a decade of expertise in the water industry as a base of knowledge.
Upon graduating with a degree in Education from the University of Saskatchewan, Switenky demonstrated his strong entrepreneurial spirit by establishing and developing a successful full service landscaping/irrigation design and installation company for 14 years. Mr. Switenky then propelled himself in another direction, as an Instructor at Northwest Regional College (1985-1993).
In 1993 he made another foray into the business world as President of a private, international marketing company contracted to the fine jewelry and precious metals industry. Mr. Switenky developed successful market distributors in several countries including, Canada, the continental USA, as well as Hawaii, Australia, New Zealand and the United Kingdom.
Mr. Switenky, began his next venture - Purio, Inc. in 1999 and the company has flourished as a technology acquisition and R&D development firm specializing in drinking water production and wastewater reclamation technology. Mr. Switenky is founder of Purio, as well as co-founder of UltraSafe Water Source which specializes in manufacturing, marketing and servicing water purification equipment.
Daryl R. English, President
Daryl R. English brings both a strong educational and business background to his position. Mr. English graduated with an MBA from Queen’s University in Kingston, Ontario in 1996.
After a successful career in commercial banking, Mr. English, joined a publicly-traded energy service company as V.P. and CFO. Mr. English continued to diversify his business knowledge in 1994 when he founded a communications and international business consulting company.
Demonstrating a growing penchant for strong leadership and business development Mr. English, acted as Senior Business Consultant for a prominent international business consulting firm, where he specialized in organizational development and financial turn-around situations.
Joseph A.M. Swanson, Vice President & Chief Operating Officer
As VP of Marketing and Corporate Development for Purio, Inc. Joseph Swanson draws upon a deep well of business knowledge and experience from a variety of industries. Mr. Swanson began his professional experience with Canag instrumental promoter of soil and water conservation, agricultural methodology and equipment. Mr. Swanson personally sat on Soil Conservati Strategies Committee in Canada. From 1980 to 1990 while employed with Canag R&D, Swanson was also the owner of Nastec Developments Ltd. a company which was contracted with macMillan Bloedel offering several forestry-related services, specifically in environmental compliance issues. In 1990 he took over as Marketing manager for C.Brothers Ltd. At C.Brothers Ltd. Swanson was responsible for the development of the companies marketing throughout the provinces of BC, Alberta, Saskatchewan and Manitoba. C.Brothers Ltd. is a company acting in the metal re-cycling industry, adding even moreso to the wealth of knowledge Swanson has in being involved with companies that have an eco-conscious business model.
Technical Team:
Natvarlal (Nat) Mistry B.Sc Hons, Chief Technical Officer
Mr. Nat Mistry is a graduate of University of London (UK) – Queen Mary College Nat Mistry brings to Purio a wealth of technical expertise and experience in controls systems design and wireless communications. Nat spent 18 years with British Airways as an I.T. Consultant for planning, designing and integrating the company’s computerization of its international airline reservations system. Upon immigrating to Canada he was employed by Motorola until his retirement in 2007. At Motorola he was engaged in various capacities including systems design, Technical Support of wireless data networks, support for GPRS Systems, System Engineering Support for Motorola Soft Switch (MSS), and System Engineering design for IMS related products. Mr. Mistry is head of technical development and leads Purio in developing state-of-the-art control systems with remote control capability.
Leonard Girard B.Sc, Chief Science Officer
Mr. Girard is a graduate of Concordia University in Montreal with a major in Chemistry and a minor in Biology. His career has included a Quality Control position with a major pharmaceuticals company, a management position in the water bottling industry, as well as a management position in a Canadian ozone equipment manufacturing company. His experience in the ozone industry has included product testing, applications research, budget development and performance consulting. Mr. Girard leads Purio in its quest for safe, economical and environmentally friendly water purification systems and methods.
Filings: http://www.nasdaq.com/asp/quotes_sec.asp?symbol=PURO&selected=PURO
Press Releases: http://www.nasdaq.com/aspxcontent/newsheadlines.aspx?symbol=PURO&selected=PURO&SourceCode=PMZ
My Comments:
This is an exciting company with a great business model that certainly needs to be on the world stage and most urgently on the African Continent and Middle East,but I could go on..The Use is infinite..The need for portable water and new innovations to extract from waste and other sources has a viable need for our very existence..Now with our Green caps on and here to stay, the environmentally correct approach in finding new ways to keep our most treasured resource,water has now evolved into a marketable product..
PURO has the patented technology and a proven compliancy field tests..You will find this info in previous PR and website.
There is plenty of upside for this company and go back and read their PRs, you will see that the company has come a long way from R&D to actually having a marketable product..Contracts and the latest from California is just the start for this much needed resource and I feel confidant others will only want to provided internal means for drinkable water from nonconventional extracts..
I have a position and have not received any compensation to profile or conduct a market awareness program to introduce PURO.
I recommend PURO as a speculative buy and feel a range of .14 to .17 as a decent entry,but watching this issue for a lower entry may be short lived..I see a gap that needs to be filled in this range and whether it will, or not, depends on impatient holders and No PR or announcements from the company..The issue did have a nice continuous run for the last few sessions and a pullback is probably in order..However,the last PR of Nov 19th,was a nice release and appears one should be in the making and from this point going forward, the releases should be of great interest judging from the timelines..In other words,we are moving into revenue stage.So expect new contracts and prospects in the coming future.
Do your DD and invest smartly.
Have a good day
Varok
http://www.stockmarketquarterly.com
Where investors build their portfolio one stock at a time.
- PURO -
Purio Environmental Water Source Inc.
Address:
1048-1685 H St
Blaine, WA 98230
Investor Relations
Shawn Van Damme -
1-877-512-1120
svd@puriowatertech.com
http://www.puriowatertech.com
Website: http://www.puriowatertech.com/
Authorized: 375,000,000
Outstanding: 55,234,603
Free Trading: 27,500,000
Restricted: 27,734,603
EMPIRE STOCK TRANSFER INC.
2470 Saint Rose Pkwy, Suite 304
Henderson, NV 89074
Phone: (702) 818-5898
Fax: (702) 974-1444
Email: mjb@empirestock.com
Web: http://www.empirestock.com
About The Company:
Purio Environmental Water Source Inc.
Purio operates to provide practical solutions to the growing global water crisis. The World Water Commission recently released startling facts in its recent 33 page report to further concern about the worlds growing water shortage. The report states that an estimated 1.1 billion people lack access to safe drinking water, three billion don’t have the means to access sanitized water, and another 500 million live in countries with barely enough water for their people. Furthermore the recent report indicates that world water consumption will increase by 40% over the course of the next twenty years as demand for personal, industrial and agricultural uses increase worldwide. When linked together the figures surrounding this crisis are staggering.
Purio’s first order of business was the acquisition of patented water treatment technology that has the potential to satisfy a significant demand for clean water suitable for human consumption, agricultural, industrial, domestic and recreational uses. The patented technology has a wide range of applicable capabilities including wastewater treatment, process water re-cycling, and drinking water production. The technology works as a continuous-flow water/suspended-solids primary separation system. The process mechanically separates suspended solids from liquids, without the use of membranes or filters. When the process is applied to residential wastewater, the solids can be further processed through various forms of bio-reduction technology including composting thereby creating a value-added by-product suitable for uses in agriculture, horticulture, or landscaping. It is believed the same clarification equipment; because of its versatility has similar potential for the economical reclamation of process water normally disposed of in industrial and agricultural applications such as food processing. Ever-rising energy prices are providing an increasing economic incentive to processors to re-cycle water whenever possible. Lastly, the technology is also capable of primary clarification of dirty surface water from ponds/rivers as a first stage in providing safe drinking water. Clarified water may be further sanitized by ozonation and polished by such means as Reverse Osmosis to become high-quality potable water.
With the technology in place Purio has positioned itself to substantially benefit from the growing world water market. Globally the water market is an estimated $400 billion dollars with indications that it will continue to grow in the long term. The industry supported by this water crisis is expected to grow exponentially in countries such as China and India specifically, because of their naturally high population, and higher then average pollution.
The Purio technology was independently tested by Canadian Environmental Technology Advancement Corporation-West (CETAC-WEST). Operational data from the test facility, a wastewater treatment plant serving a community of 120 homes over a nine month period and exceeded initial expectations. The evaluation confirmed the unit’s ability, alone, to meet “enhanced primary” treatment objectives in terms of BOD (biological oxygen demand) and TSS (total suspended solids). It exceeded expectations by reaching “tertiary” standards in phosphorus removal.
Purio Environmental Water Source Inc. appears poised to continue to grow its share in the market in the near future. With a strong corporate management team, lead by executives with vast experience in this cutting edge industry, Purio continues to grow its operations. The company has continued research to develop a second generation separator which utilizes the latest digital technology in its control system as well as other design modification to demonstrate improvements in cost of manufacturing, economy of operation, space-efficiency and simplicity. The company continues to strive in advancing its product development in an effort to improve the efficiency of its operations and its ability to deliver a strong product to the global market. With world wide awareness of the global water shortage growing exponentially it will be interesting to see the impact that Purio can make in its industry and the world.
Management Team:
Earl M. Switenky, Chairman
As Chairman of Purio Incorporated Earl M. Switenky brings a strong educational background and impressive experience in several capacities throughout the business world to his position. Furthermore, Mr. Switenky has nearly three decades of executive management experience, and nearly a decade of expertise in the water industry as a base of knowledge.
Upon graduating with a degree in Education from the University of Saskatchewan, Switenky demonstrated his strong entrepreneurial spirit by establishing and developing a successful full service landscaping/irrigation design and installation company for 14 years. Mr. Switenky then propelled himself in another direction, as an Instructor at Northwest Regional College (1985-1993).
In 1993 he made another foray into the business world as President of a private, international marketing company contracted to the fine jewelry and precious metals industry. Mr. Switenky developed successful market distributors in several countries including, Canada, the continental USA, as well as Hawaii, Australia, New Zealand and the United Kingdom.
Mr. Switenky, began his next venture - Purio, Inc. in 1999 and the company has flourished as a technology acquisition and R&D development firm specializing in drinking water production and wastewater reclamation technology. Mr. Switenky is founder of Purio, as well as co-founder of UltraSafe Water Source which specializes in manufacturing, marketing and servicing water purification equipment.
Daryl R. English, President
Daryl R. English brings both a strong educational and business background to his position. Mr. English graduated with an MBA from Queen’s University in Kingston, Ontario in 1996.
After a successful career in commercial banking, Mr. English, joined a publicly-traded energy service company as V.P. and CFO. Mr. English continued to diversify his business knowledge in 1994 when he founded a communications and international business consulting company.
Demonstrating a growing penchant for strong leadership and business development Mr. English, acted as Senior Business Consultant for a prominent international business consulting firm, where he specialized in organizational development and financial turn-around situations.
Joseph A.M. Swanson, Vice President & Chief Operating Officer
As VP of Marketing and Corporate Development for Purio, Inc. Joseph Swanson draws upon a deep well of business knowledge and experience from a variety of industries. Mr. Swanson began his professional experience with Canag instrumental promoter of soil and water conservation, agricultural methodology and equipment. Mr. Swanson personally sat on Soil Conservati Strategies Committee in Canada. From 1980 to 1990 while employed with Canag R&D, Swanson was also the owner of Nastec Developments Ltd. a company which was contracted with macMillan Bloedel offering several forestry-related services, specifically in environmental compliance issues. In 1990 he took over as Marketing manager for C.Brothers Ltd. At C.Brothers Ltd. Swanson was responsible for the development of the companies marketing throughout the provinces of BC, Alberta, Saskatchewan and Manitoba. C.Brothers Ltd. is a company acting in the metal re-cycling industry, adding even moreso to the wealth of knowledge Swanson has in being involved with companies that have an eco-conscious business model.
Technical Team:
Natvarlal (Nat) Mistry B.Sc Hons, Chief Technical Officer
Mr. Nat Mistry is a graduate of University of London (UK) – Queen Mary College Nat Mistry brings to Purio a wealth of technical expertise and experience in controls systems design and wireless communications. Nat spent 18 years with British Airways as an I.T. Consultant for planning, designing and integrating the company’s computerization of its international airline reservations system. Upon immigrating to Canada he was employed by Motorola until his retirement in 2007. At Motorola he was engaged in various capacities including systems design, Technical Support of wireless data networks, support for GPRS Systems, System Engineering Support for Motorola Soft Switch (MSS), and System Engineering design for IMS related products. Mr. Mistry is head of technical development and leads Purio in developing state-of-the-art control systems with remote control capability.
Leonard Girard B.Sc, Chief Science Officer
Mr. Girard is a graduate of Concordia University in Montreal with a major in Chemistry and a minor in Biology. His career has included a Quality Control position with a major pharmaceuticals company, a management position in the water bottling industry, as well as a management position in a Canadian ozone equipment manufacturing company. His experience in the ozone industry has included product testing, applications research, budget development and performance consulting. Mr. Girard leads Purio in its quest for safe, economical and environmentally friendly water purification systems and methods.
Filings: http://www.nasdaq.com/asp/quotes_sec.asp?symbol=PURO&selected=PURO
Press Releases: http://www.nasdaq.com/aspxcontent/newsheadlines.aspx?symbol=PURO&selected=PURO&SourceCode=PMZ
My Comments:
This is an exciting company with a great business model that certainly needs to be on the world stage and most urgently on the African Continent and Middle East,but I could go on..The Use is infinite..The need for portable water and new innovations to extract from waste and other sources has a viable need for our very existence..Now with our Green caps on and here to stay, the environmentally correct approach in finding new ways to keep our most treasured resource,water has now evolved into a marketable product..
PURO has the patented technology and a proven compliancy field tests..You will find this info in previous PR and website.
There is plenty of upside for this company and go back and read their PRs, you will see that the company has come a long way from R&D to actually having a marketable product..Contracts and the latest from California is just the start for this much needed resource and I feel confidant others will only want to provided internal means for drinkable water from nonconventional extracts..
I have a position and have not received any compensation to profile or conduct a market awareness program to introduce PURO.
I recommend PURO as a speculative buy and feel a range of .14 to .17 as a decent entry,but watching this issue for a lower entry may be short lived..I see a gap that needs to be filled in this range and whether it will, or not, depends on impatient holders and No PR or announcements from the company..The issue did have a nice continuous run for the last few sessions and a pullback is probably in order..However,the last PR of Nov 19th,was a nice release and appears one should be in the making and from this point going forward, the releases should be of great interest judging from the timelines..In other words,we are moving into revenue stage.So expect new contracts and prospects in the coming future.
Do your DD and invest smartly.
Have a good day
Varok
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Last edited on Thu Dec 4th, 2008 04:03 pm by Admin
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