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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