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About Petrosonic Energy, Inc. (OTC: PSON)
The primary focus of Petrosonic Energy is to provide technologies that upgrade heavy oil economically and in an environmentally friendly manner. Petrosonic s patented SonoprocessTM does just that. It uses clean tech sonic energy to de asphalt heavy oil at a much smaller scale, lower capital and operating costs than conventional upgraders and at lower costs than blending operations that use diluent to transport the heavy crude via pipelines. SonoprocessTM eliminates the use of diluent for heavy oil producers thus reducing their production costs considerably and it can decongest the pipeline capacity by / rd by replacing diluent. The processing capacity of the Sonoprocess can be increased modularly, thus, benefiting all heavy oil producers, small and large, as well as, pipeline, storage and refining companies. Petrosonic has developed, tested and validated its core technology through a reputable independent engineering firm. The company also has recently developed a proprietary solution that enables the Sonoprocess to use lpg/propane as solvents which are widely available and much cheaper than other solvents previously used. The new solution de risks the technology further and improves the net returns considerably.
- Art Agolli / CEO, President
- Keith McGee / President, COO
- David Wells / Interim CFO
- Gerald W. Bruce / CTO
- Art Agolli /
- Alfred Fischer /
- Bendis Husi / Director
- Mr. Husi currently serves as President of his consulting company . Before that Mr. Husi served as a senior accounting manager for a resource firm in Calgary and Toronto, Canada, where he was responsible for the company s financial management and other administrative functions. Prior to that Mr. Husi was vice general director of taxation for the government of Albania. Mr. Husi previously has been the CEO of Petrosonic s Albania subsidiary.
- Richard Rutkowski /
Current Share Structure
- Market Cap: $189,955 - 03/16/2018
- Authorized: 843,750,000 - 09/30/2015
- Issue and Outstanding: 90,454,990 - 09/12/2016
- Float: 56,329,178 - 06/30/2015
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The Research: All source information contained in this email is from the public sources mentioned below.
Disclaimer: DD Report publishes reports providing information on selected companies. DD Report is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. DD Report accepts no liability for any loss arising from an investors reliance on or use of this report. An investment in PSON is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. DD Report has received no compensation for the publication and circulation of this report. DD Report does not own any shares of PSON and does not buy, sell, or trade any shares of PSON. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Copyright 2018 by DD Report. All rights reserved. Our Full Disclaimer: https://dd.report/disclaimer/