Net Cert, Inc. Announces Resource Recovery Program
29 June 2006 - 1:09AM
Business Wire
Net Cert, Inc. (OTC:NTCI) announced today that it is developing a
program for its resource recovery division to promote various
technologies for the maximum recovery of oil from existing wells
and from currently discarded waste products and slop oil from the
refinery process. We will not be joining with World First Oil
Recovery Corp. in a previously announced agreement in principal. We
are negotiating separately for inclusion in various oil recovery
projects and will immediately undertake to do an offering for the
required financing for our costs of operation and equipment. All
the technologies that are being reviewed are well known and
combined with other proven technologies offer solutions to several
industries. The contracts that we expected to be completed in June
have been further delayed by the oil companies at their request.
Additional testing has been completed by the equipment developers
and manufacturers and has been a success with the various
interested users giving resounding approval of the results. We
await the mechanism via contract for our inclusion in the oil
recovery portion of these projects during July. With the success of
the past test we expect a surge in projects and negotiations during
July and August. The world market for these technologies is in the
tens of billions of dollars per year and we will add the required
personnel from the target industries to facilitate growth as
rapidly as financing permits to reap a share of these markets. A
committee will be formed in July to select an auditing firm and to
seek relations with an investment banking firm to prepare the
offering and from its work product the audits required for filing a
registration statement as the first step to becoming a reporting
company with the ultimate goal of moving the company to an American
Stock Exchange listing with the initial successes of our business
model. About Net Cert Net Cert, Inc., a Nevada corporation, is a
holding company with specializes in investments from the Consumer
Goods, Commodities, Entertainment and Technology sectors. "Safe
Harbor Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained in this release that are not
historical, are forward-looking statements that are subject to
risks and uncertainties that could cause results to differ
materially from those expressed in the forward-looking statements,
including but not limited to, certain delays and risks detailed
from time to time in the company's filings with the Securities and
Exchange Commission."
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