Vancouver, British Columbia, September 26, 2013 - Robix Alternative Fuels (CNSX:RZX) is one of the latest new listings on the Canadian National Stock Exchange. Robix was established in 2011 to advance the commercial development of certain patents, and patents pending, particularly in the environmental industry.
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The company offers investors a unique opportunity to participate in the ownership of these patents, and their development from commercialization to worldwide expansion through various business arrangements.
Robix owns a Clean Ocean Vessel ("COV") patent for specially equipped vessels to recover oil spills. This unique product is able to recover oil, even in the roughest waters, and is not impacted by any floating debris.
Through a combination of rotating metal cylinders and flexible skimmers, the oil is removed with the clean water returned to its original environment.
Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements. Robix now seeks to form an alliance with a company that has existing global market access but lacks a truly unique environmental product such as a high volume oil spill recovery vessel in its product line.
The company has approximately 5.95 million shares issued and outstanding, and with its opening trades taking place at the $0.25 level, the company is capitalized at $1.5 million.
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Barry Morgan, CFO
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