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Sunday, September 25, 2022

Cyber Enviro Tech (OTCMKTS: CETI) Powerful Run Northbound as Water Purification Innovator Puts Out Big News, the First in 7 Years

Cyber Enviro Tech (OTCMKTS: CETI) skyrocketed northbound on Tuesday after the Company reported it has deployed its first downhole pump and related oil production and water filtration technologies on a 500-acre mineral lease in the Permian Basin, Texas. CETI is formally the operator of record with the Railroad Commission of Texas. Based on an independent geological study, the mineral lease has an estimated 45MM barrels of oil reserves (…over $4 Billion at current market price). The news has propelled CETI into the spotlight which now has plenty of liquidity trading over $2 million in dollar volume on Tuesday alone, momentum and legions of new shareholders buying up the limited float. 

This is big news for CETI, the first in 7 years for the Company which recently went “pink current” having submitted its attorney letter to OTC Markets earlier this month. Currently trading at a $38 million market valuation CETI has just 2,724,506 free trading shares as evidenced by the powerful run the stock made on Tuesday opening at $0.42 and hitting a high of $2.05 before closing in the $1.20s. The Company has little debt as just over $2 million and there are no convertible notes until summer 2023 so currently there is no dilution. The timing for CETI seems to be perfect with OIL continuing to move higher recently clipping $95 a barrel, the highest since 2014 before coming down some on fears of a Russian attack. 

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Cyber Enviro Tech (OTCMKTS: CETI) operating out of Scottsdale, Arizona is a publicly traded water science technology company designing water purification solutions for commercial applications and industries. The Company’s core model is structured to reduce capital costs, energy overhead for operations, peak efficiencies for extended warranties, and creative in line monitoring to insure and maintain water quality in real-time. Cyber Enviro uses the world’s best water filtration processes and technologies from global industry leaders combined in a unique patent pending process to make water usage and consumption safer, more efficient and less expensive. CETI has developed proprietary high volume modular, mobile waste water purification systems for industrial and commercial applications, the SmartFlow System™. The System creates more efficient and effective water filtration in the following ways:  

  • PRESSURIZED COMPONENTS: CETI uses injection to pressurize components which allows us to exponentially increase extraction of contaminants at low energy bandwidths with lower total operating costs. For hydrocarbon contaminants, this means we can actually run the spectrum of diatomic carbon emissions, creating microscopic flames in cold liquids. 
  • OREGANO-METALLICS REMOVAL: The pressurization removes other contaminating compounds that contain metal-carbon bonds, called organo-metallics which are used in plastic production, microelectronics, synthesis of pharmaceuticals, and herbicide-pesticide compilations. 
  • DIVIDED TASK, MODULAR DESIGN: One phase of our divided task, modular design isolates these contaminants with cavitation implosions in conjunction with electrodialysis to trap them as they are suspended in water. 
  • SUSPENDED CLUSTER COMPOUNDS: Rather than pressurize the contaminants into a membrane, our technology yields unusual cluster compounds that become suspended [without chemicals] to trap and strip them from the water. A similar phase irradiation is used to create water and oil separation in high industrial runoff areas.

CETI took off on February 15 after the Company reported it has deployed its first downhole pump and related oil production and water filtration technologies on a 500-acre mineral lease in the Permian Basin, Texas. CETI is formally the operator of record with the Railroad Commission of Texas. Based on an independent geological study, the mineral lease has an estimated 45MM barrels of oil reserves (…over $4 Billion at current market price). 

The following is a summary of the economic and environmental impact to the oil industry by using CETI’s revolutionary oil production technologies. It removes the need for the 100-year-old pump jack and sucker-rod technology which has many moving parts that must continuously be repaired, rebuilt or replaced. In contrast, the technology we are using has only one moving part, uses “green technology”, lasts between six to eight years before needing replacement, and reduces power costs by over 40%.  Additionally, it will deliver increased productivity, less equipment replacement and repair expenses, minimal field operator involvement, easier regulatory compliance, improved safety, and numerous environmental benefits. These improved efficiencies will reduce operating costs by over 60%. 

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The Permian Basin in Texas and New Mexico contains one of the largest oil reserves in the world. In the state of Texas alone, there are 500,000 abandoned or shut-in wells. Starting in 2021, to operate in the Permian Basin well water needs to be EPA irrigation level compliant. For every barrel of oil pumped out of the ground an oil well can produce between 3 to 7 barrels of water. EPA regulations will not allow oil companies to inject this contaminated, radioactive and high salinized water back into the ground. Other means of disposal can be very expensive and reduces profitability to an oil company. CETI’s water filtration, oil/water separation and desalination technology can completely eliminate this problem at a savings of over 20% vs other current solutions.   

cyber-enviro-tech-announces-launch-090000198 Lastly, CETI’s new Smartflow water filtration technology remediates onsite the significant amount of contaminated water produced during oil production (up to eight barrels of water to one barrel of oil). This replaces the expensive alternative of trucking contaminated water out of the field and trucking clean water back into the field. CETI’s Smartflow water filtration technology meets or exceeds EPA standards which is not only environmentally sound but also eliminates costly fines for oil field operators who don’t adhere to EPA regulations. “Cost savings of this magnitude and the positive environmental impact to the industry are far too significant to be overlooked by any oil field Operator” says Kim D. Southworth, CEO of CETI. 

Revenue and Regulatory Compliance – Cyber Enviro-Tech is in the oil production stage of its business model and generating revenue. The Company is currently in discussions with other oil field operators to convert their oil fields to CETI’s new technologies. Such agreements will be based on a revenue-sharing model to refurbish their existing wells and increase production. CETI is currently in the process of completing its PCAOB audit in anticipation of filing an S-1 Registration Statement with the SEC in March of 2022 to become a fully-reporting public company.  

CETI is at the right place at the right time; in a report on Tuesday from Dow Jones Newswires oil prices finished 3.6% lower at $92.07 a barrel after Russia reduced the number of troops at Ukraine’s border, a move many investors took to mean there won’t be any near-term invasion of Ukraine. WTI crude climbed yesterday to its highest since 2014 on fears a Russian attack was imminent, with the front-month contract closing at $95.46. Investors now await a weekly API report on US oil inventories due at 4:30pm ET that analysts say could be price-supportive as inventories are likely to fall to multi-year lows and fuel demand begins to pick up now that winter weather is less of an issue. 

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CETI skyrocketed northbound on Tuesday after the Company reported it has deployed its first downhole pump and related oil production and water filtration technologies on a 500-acre mineral lease in the Permian Basin, Texas. CETI is formally the operator of record with the Railroad Commission of Texas. Based on an independent geological study, the mineral lease has an estimated 45MM barrels of oil reserves (…over $4 Billion at current market price). The news has propelled CETI into the spotlight which now has plenty of liquidity trading over $2 million in dollar volume on Tuesday alone, momentum and legions of new shareholders buying up the limited float. This is big news for CETI, the first in 7 years for the Company which recently went “pink current” having submitted its attorney letter to OTC Markets earlier this month. Currently trading at a $38 million market valuation CETI has just 2,724,506 free trading shares as evidenced by the powerful run the stock made on Tuesday opening at $0.42 and hitting a high of $2.05 before closing in the $1.20s. The Company has little debt as just over $2 million and there are no convertible notes until summer 2023 so currently there is no dilution. The timing for CETI seems to be perfect with OIL continuing to move higher recently clipping $95 a barrel, the highest since 2014 before coming down some on fears of a Russian attack. We will be updating on CETI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CETI.

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Disclosure: we hold no position in CETI either long or short and we have not been compensated for this article.

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