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OriginOil's (OTC Markets:OOIL) prolific research group has resulted in a large number of potential market opportunities for OriginOil's patented separation systems. Management has decided to focus on the crude oil/water separation market using the "CLEAN-FRAC" system based on its Solids out of Solutions technology. In our opinion this is a very positive move by the company. It has the potential of generating very high profit margins without diluting its major market efforts.
The group will be headed by Alex Leshnick, the current Director of Operations, who is a registered patent agent and has many years of managing a portfolio of over 150 technologies and several hundred patents.
Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social …