John Collier spoke in the afternoon session on "The Biggest Breakthrough in Desalination". John Collier is from Reliable One Resources. Their site is www.reliableoneresources.com. I went to this talk, not because I was interested in investing in this alternative investment, but because I was interested to hear what they were doing.
There are 8 to 9 different processes to treat water and do desalination. By 2035 some two thirds of people will face water scarcity.
There are earth quakes in Oklahoma from 1978 to the current. There have been a 1,000 times more quakes because water is injected into the ground. Oklahoma's water is contaminated and salty. Water produced from Oklahoma's oil fields used to be injected into the earth. It cost $16 a barrel to dispose of water. With Reliable One Resources they can take out minerals etc and sell them and the water and it costs the oil companies $0.
The company is building a new plan in Pennsylvania. They get revenue from cleaning water. Revenue is from the oils, minerals and water resale. They can desalinize water efficiently. Their solutions are very cost effective. This is a win for everyone.
On my other blog I wrote yesterday about Enbridge Income Fund Holdings Inc. (TSX-ENF, OTC-EBGUF)... learn more. Next, I will write about HNZ Group Inc. (TSX-HNZ, OTC- CDHPF)... learn more on Friday, October 13 around 5 pm.
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