The Stock Wizards Reviews Ecosphere Technologies (ESPH)
The Stock Wizards Reviews Ecosphere Technologies (ESPH)
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ESPH (OTC) Sector: Water Treatment System (OIL SPILL PLAY)
ESPH Ecosphere Technologies, Inc.
The company's most recent eco-technology breakthrough is Ecosphere Ozonix, a water recovery and recycling process that helps energy companies recycle water resources. ESPH is developing technologies and services to ensure that clean water is available in emergency disaster situations. TSW is watching the stock very closely as it is being heavily promoted by Ex- Dallas Cowboy Quarterbacks Troy Aikmanand Drew Bledsoe.They are the spokes persons for this company.
Here is a press release that was dated on June 12, 2010
IRVING, Jun 12, 2010 (The Dallas Morning News Former Cowboys quarterbacks Drew Bledsoe and Troy Aikman are investors in a group offering a solution to clean the water in the Gulf of Mexico as oil continues to spill from the BP well.
Ecosphere Technologies' Ozonix water treatment system separates oil from water and would replenish the gulf and allow BP to reuse the oil.
Ecosphere has had meetings recently with BP, and Aikman and Bledsoe were part of a news conference this week in Louisiana with ocean explorer Jean-Michel Cousteau.
"We can be on site within 72 hours, cleaning water," Bledsoe said.
Technical Outlook
TSW is watching for a breakout over the 2.00 level on any positive news from the company regarding the Gulf of Mexico Oil Spill.
Ecosphere Technologies (ESPH) provides clean technologies and services for use in various applications in the industrial waste market in the United States. The company designs and builds mobile water filtration equipment to treat energy exploration related wastewaters; provides water recycling services to energy exploration companies; and develops Ecosphere Ozonix, an oxidation process to treat industrial wastewater. It offers its patented Ecosphere Ozonix technology to assist oil and gas companies in treating water used to fracture natural gas wells in eliminating the use of chemicals to treat bacteria and reduce scaling in the fracturing process, in eliminating the need to dispose of contaminated water, which flows back after fracturing wells, and in improving the productivity of natural gas wells.
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Full Discloser, Disclaimers
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
TSW has not been compensated to profile Ecosphere Technologies, Inc. (ESPH).
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