HOUSTON, Oct. 13 /PRNewswire-FirstCall/ -- SulphCo, Inc. (the "Company" or "SulphCo") (AMEX:SUF) reported that the quarterly investor call held on October 2, 2008 will be available by webcast replay on the Company's web site (http://www.sulphco.com/) until December 30, 2008. Dr. Larry Ryan, SulphCo's CEO, commented, "Given the current state of the markets and the recent volatility in our share price, we would like to reassure our investors that the guidance given during our investor conference call remains valid today." In that call, the Company reported that it: -- has approximately $21.1 million of cash on hand as of September 30, 2008, and is well funded to meet operating needs well into the latter part of 2009; -- has been able to produce consistent, reliable and commercially relevant reductions in sulphur content of up to 50% in our Houston laboratory on a number of prospective customer crude samples; and -- has scheduled field trials within the next few weeks at a prospective customer's site in the Southeastern United States, the purpose of which is to duplicate, on a commercial scale, the positive results produced in its Houston laboratory. Dr. Ryan concluded by saying, "Customer interest in SulphCo's Sonocracking(TM) technology remains high and the Company remains committed to executing its business plan." The complete text of the prepared remarks from the October 2nd investor call were included in a Form 8-K filed by the Company on Friday, October 3, 2008, that can be accessed through the SEC's EDGAR database. About SulphCo, Inc. SulphCo has developed a patented safe and economic process employing ultrasound technology to desulfurize and hydrogenate crude oil and other oil related products. The Company's technology is designed to upgrade sour heavy crude oils into sweeter, lighter crude oils, producing more gallons of usable oil per barrel. From time to time, the Company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly. DATASOURCE: SulphCo, Inc. CONTACT: Adam Mazur, Rubenstein PR, +1-212-843-8073, , or Tim Clemensen, Rubenstein IR, +1-212-843-9337, , both for SulphCo Web Site: http://www.sulphco.com/

Copyright

Sulphco Common Stock (AMEX:SUF)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024 Plus de graphiques de la Bourse Sulphco Common Stock
Sulphco Common Stock (AMEX:SUF)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024 Plus de graphiques de la Bourse Sulphco Common Stock