Financial Snapshot:
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Business:
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| Exchange:
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OTCBB |
| Symbol:
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PURO |
| Current
Price (1/20/09): |
$.095 |
Purio Inc (OTCBB:
PURO)
Detailed
Quote: http://www.otcpicks.com/quotes/PURO.php
Company Profile: http://www.otcpicks.com/green-earth-technologies.htm
PURO News:
January
6 - Purio Invited to UNEP-Sponsored
Conference, Nairobi, Kenya
Purio (OTCBB: PURO) 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."
Company Chart
The company's volume has been up since
the beginning of the year but PURO had been beaten down the with rest
of the market the market's January high on January 7th. We believe
that PURO is oversold like much of the market and is due for a rebound.
Watch PURO closely in the next few days.
Company Overview
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.
Global Water Supply
Fresh water has forever been a wellspring for the human species. The rapid growth that mankind has witnessed over the last 5000 years can almost always be directly linked to our ability to more efficiently tap into the power of water. Industry has in recent times turned its attention to solving the shortage of drinking water to implementing irrigation, and even to meet our increasing demands for electricity. Recent information points to the fact that the growing global water crisis may be reaching critical mass, and again mankind may look to industry for effective, environmentally safe solutions to this problem.
The World Water Commission, working in conjunction with the United Nations and the World Bank recently issued a 33 page report outlining the present world water crisis and its expected future course in grave detail. The report cites chronic issues involving our water supply and highlights growing concern about the quantity and quality of our available drinking water. Water truly is a rare and precious resource as it is believed that only .08 of 1 percent of the world’s total water is available for human use. Furthermore the report indicates that growing awareness of this world wide problem is necessary, as it appears that at least in the near future the issue will worsen. It is estimated that global water use will increase by roughly 40% over the next two decades as the human population is expected to grow exponentially within that time frame. Also, increased demands by industry, agriculture, and urban areas trying to keep up with and provide for the steadily growing population will put even greater strain on this precious resource. It will be vital for government and advanced industry to shift a great deal of focus in the direction of this issue, and solutions to the problem will continue to be extremely profitable in the short term at least.
In March 2003, the third World Water Forum was organized in Kyoto Japan by The World Water Council. Attended by world leaders, government officials, United Nations agencies, scientists, development groups and business representatives, the forum brought forth more ominous numbers. It estimated that at present, 1.1 billion people lack access to safe drinking water, three billion don’t have access to sanitation, and more than 500 million live in 31 countries with barely enough water for their people. Due to these startling figures there has been a minor shift in the governments of many countries to ensure that there is the implementation of higher standards of water and wastewater management, but also the installation of adequate facilities in thousands of communities where, at present, substandard or non-existent facilities are relied upon. Most of this governmental policy change, however, is being seen in first world countries that have the industrial means to face such an issue head on.
Two countries currently face water issues that are nearing epidemic levels, and the issue can be directly contributed to their massive populations and inability to cub pollution affecting their water supply. China and India, the world’s two most heavily populated countries are both facing serious consequences if they are unable to make serious changes to the methods in which they are able to provide water to their citizens. China is a country who is visibly experiencing the effects of pollution as well as the effects of population. China’s rivers are so polluted that many of the countries main rivers and lakes are entirely undrinkable. In fact, China’s source of drinkable water is so polluted with animal and human waste, including feces, that aquatic life can no even be supported. However, this water that is unacceptable for fish is unfortunately the water that is available too much of China’s population. This polluted water is a direct basis of the fact that China has the highest death rates due to stomach and liver cancers in the world. Although China is a prime example of the effects of water shortage, the problem is not limited to one country. Water-Bourne diseases fill almost half of hospital beds worldwide. Unclean water is not to be overlooked; it is killing thousands of people.
In India’s case the situation is much like the one in China. Without intervention, India’s water supply will be depleted in approximately 50 years. India is heavily dependant on ground water resources, which has lead to high pollutant levels of water supplies. As a result, there is an increasing demand for water technology helping to improve the water supply. India’s water needs have established considerable market opportunities for water industry participants in a position to offer viable solutions. China and India are the largest and most attractive water markets in the world. It is still to be seen whether the world leaders in this industry can offer effective solutions and capitalize on a problem that may in the future be the world’s most important industrial sector.
The spread of the world water crisis however isn’t purely limited to the worlds less industrialized nations. Water resources in the United States have already seen a steady depletion. This is no more evident then in the state of California where it has been estimated that 40% of the water is expected to disappear in the next 15 years. If the wealthier nations of the world, who have the industrial ability to address and attempt to fix the water issue and continue to turn a blind eye to it, they may soon suffer the same fate as China, and to a smaller extent India.
The global water issue is again at a crossroads, but within the negative there is a silver lining. The United Nations has set the goal of cutting the number of people without safe drinking water in half by the year 2015 which would require billions of dollars to achieve. Globally the water industry has been estimated as a $400 billion market with signs of long term growth ahead, especially in countries such as China and India. China alone is projected to exceed $125 billion within the next five years in hopes of enhancing their forms of water recycling and treatment methods. These investments however are not limited to a few countries. Most countries have begun to recognize the effects of water shortages and have begun to take charge, making water their top priority. The United States for example, are estimated to designate $1 trillion for water treatment over the next 20 years. As fortune magazine predicted “water promises to be to the 21st century what oil was to the 20th century: the precious commodity that determines the wealth of nations."
Technology
The patented PURIO technology is a continuous-flow water/suspended-solids primary separation system. The process mechanically separates suspended solids from liquids, without the use of membranes or filters To date, R&D expenditures and other expenses have exceeded $7 million CAD.
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. The liquid in turn, can be further refined through bio-filtration or ozonation to reduce biological oxygen demand; and may be economically sanitized by means of Ultra-violet light or ozonation. The resulting product water meets stringent environmental disposal standards and becomes valuable for irrigation or other agricultural applications. The technology has been extensively, independently tested under actual residential wastewater reclamation conditions and has received a provincial approval for such use in Canada.
PURIO is confident that 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. Processors are highly motivated to reduce or eliminate excess water disposal surcharges.
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. Its portability makes it ideal for mobile emergency response situations, such as floods where safe water supplies have been contaminated. Consultation with solar power generation companies has determined that the low power requirements of this technology make it possible for solar-powered operation.
Purio Patented Technology Advantages Modular, Transportable, Variable-capacity
The PURIO technology is an advanced water/suspended solids separation technology for many reasons. It is a pre-engineered modular design offering a wide range of flexibility in its application. It is transportable, thereby offering the advantage of addressing temporary or moveable requirements such as site camps. Among the most important reasons is its variable-flow capability (up to 200,000 liters per day per module) that allows it to accommodate varying flow rates during its quiet operation. It can be stopped and started without loss of efficiency. Its highly reliable mechanical process eliminates any necessity to maintain strictly controlled, delicate biological processes required by various biological systems offered by competitors.
Closed, Odorless, Compact
This technology is closed and odorless allowing it to be located in populated areas. It has a small footprint, about the size of a regular parking space, so it can be located where real estate is valuable or where surrounding terrain prevents larger water/wastewater treatment equipment.
Efficient, Environmentally Friendly, Expandable
It is very energy efficient, in fact its low energy draw makes it ideal for solar power operation. It is environmentally friendly in that it does not introduce chemicals, such as chlorine into its product waters. This separation technology can be coupled with various components in the over-all treatment train. Our filterless separator extends the service interval and reduces maintenance on downstream polishing equipment to more economically produce a choice of water qualities that meet safe usage standards as may be required. By so refining and reclaiming wastewater, residential communities and industries have the opportunity to transform waste into a valuable resource. Beyond the humanitarian benefits, a host of economic benefits created by irrigation and other water-conserving, environmentally conscious uses becomes available. When applied to drinking water production, the improved efficiency of the operation translates into lower production costs, which in turn increases operating profits.
Independant Performance Evaluation Report Exceeded Expectations
At a cost of over $250,000 the performance of the PURIO technology was monitored and evaluated by Canadian Environmental Technology Advancement Corporation-West (CETAC-WEST). The comprehensive evaluation report is similar in most respects to USEPA or ISO 14023 protocol. Operational data from the plant, actually serving the wastewater treatment needs of a community of 120 homes was evaluated over a nine-month period. This report, summarized on Table 1 below, 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. The plant was not designed to address nitrification or nitrogen removal so it did little, as expected, in either.
Coupled with accessory components, the train met the even higher “tertiary” treatment efficiency in terms of BOD and TSS and phosphorus concentrations.
Smaller-scale “Batch” unit developed and Sold
Its technology has been employed in a smaller scale “batch” version of the clarifier and is successfully operating on location. This unit produces clarified water for household use. The unit has now been serving a rural household in Canada for about three years with total success. The batch unit draws water from a lagoon (or dugout as it is sometimes called) that is overgrown by reeds, grasses and contains abundant wildlife. This raw water has a green color and a strong “wild” odor making it unfit for human use.
The water is drawn into the unit, clarified and stored in a cistern. The clarification process removes all color, and nearly all of the suspended solids to produce a clear, clean odorless product. No further treatment is required for its use in laundry, toilets and bath use. For drinking, this clarified water is then polished by means of a Reverse Osmosis system to produce high quality drinking water that is then passed through an Ultra-violet sanitizer to assure sterility.
The capacity of the batch clarifier unit is 1000 gallons (4000 liters) per day. The unit is fully automatic and requires only about $20.00 CDN per month in in-puts.
The product was able to out-compete regular filtration methods proposed by other companies and has proven its effectiveness over several years of trouble-free operation.
Recent PURO News:
January 6 -
Purio Invited to UNEP-Sponsored Conference, Nairobi, Kenya
Purio (OTCBB: PURO) 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."
Purio Inc.
1048-1685 H St
Blaine, WA 98230
Toll Free: 1 (877) 512-1120
Website: http://www.puriowatertech.com/
