OTCQB listed penny stock to watch Save the World Air, Inc (OTCBB: ZERO), announced today the signing of an Letter of Intent with LG Partners to design to incorporate STWA’s Applied Oil Technology (AOT) oil pipeline efficiency technology into the design and construction of a proposed new non-domestic, multi-national, 900-mile pipeline currently in the planning stage.
The project is a $2.5 billion, 900-mile pipeline to transport medium and heavy crude oil to markets currently experiencing a lack of diverse pipeline suppliers.
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Just two weeks ago, ZERO announced the signing of a new five-year operating agreement with the U.S. Department of Energy’s Rocky Mountain Oilfield Testing Center. This was a monumental signing for ZERO after they designed and retrofitted in 2011 a purpose-built 4.5 mile underground oil pipeline testing facility in order to test the Company’s Applied Oil Technology (AOT) under simulated real-world conditions at the U.S. Department of Energy’s Rocky Mountain Oilfield Testing Center.
ZERO Stock Chart:
RSI, MACD and Stochastics all point to this penny stock being bullish in its current status.
However, judging from today’s press release and the sheer magnitude of the project it involves, it would definitely seem that the extensive testing phase has drawn to a close, and the company has reached the point of being ready and able to commercialize their oil pipeline efficiency product.
To put the size and scope of this project in perspective, imagine this:
The pipeline project that ZERO will be working on is designed to transport as much as 1.2MM barrels of oil every day!
Take a moment and look over today’s press release and do some due diligence on ZERO as we have and then add them to your stock watch list immediately.
Bottom Line: This company is the closest thing I have found to a “sure bet” for both the short-term and long-term trading strategies since a project of this magnitude will not only generate revenues but open doors for their technology to other oil pipeline projects providing long-term residual revenue and growth.
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