No. of Recommendations: 3

OriginOil is out fishing hoping to land a big one. Algae based bio-fuel does nor seem to be economically viable specially with fracking dropping the price of fossil fuels. Cleaning up coal fired utility smokestacks does not seem to have paned out I don't know why but it could be tied in the cost of bio-fuel being too high, Maybe buying carbon credits is cheaper. The big push now is cleaning up produced and frack water which could be a sizable business if it is cost effective. There are several minor ongoing project such as green buildings in Paris and algae harvesting for specialty producers.

While water cleanup looks like the biggest potential catch I'd be quite happy with catching anything just now. OriginOil needs revenue to pay for the cash burn. I follow the company with interest but I'm not adding any money to the position I already have, not until I see recurring revenue.

Denny Schlesinger
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