This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Daleco Resources Subsidiary Files Patents

Stocks in this article: DLOV

Daleco Resources Corporation (OTCQB: DLOV) announced that its wholly owned subsidiary, Clean Age Minerals, Inc. has filed for patent protection covering certain application aspects of its "CA-Series" technology to treat industrial wastewaters associated with oilfield, mine, and industrial process operations. The applied-for treatment methods provide unique advantages over technologies presently in use. Specifically, during laboratory and field tests, the Company's CA-Series products have proven to be effective in treating contaminants including heavy metals, hydrocarbons, and other hazardous materials that are encountered in wastewater discharges from industrial processes and energy production operations as well as from agricultural run-off.

Michael D. Parrish, CEO of Daleco, commented "Despite the need for significant advances in ‘Clean Technologies’, industries have been unable to fully address the emerging issues of water reuse and conservation. Existing technologies typically employ chemicals and / or require significant energy consumption to process the targeted wastewater streams. While these processes all have merit, they have not been able to provide the ‘Total Solution’ and in fact may result in environmentally sensitive byproducts. We believe that the treatment methods developed by Clean Age Minerals using our naturally occurring non-hazardous materials can provide a potential solution to reach that final wastewater treatment objective. As such, it is our intent to continue to develop practical treatment applications and protect these advances in clean water technologies.”

Robert E. Martin, President of Clean Age Minerals stated “These filings build upon Clean Age Mineral’s original patent and represents the first step in a planned series of filings designed to establish an intellectual property platform to protect our proprietary knowledge and its potential commercial applications which have been developed over the past two decades."

Daleco Resources is a natural resource company with operating subsidiaries active in oil and gas, industrial minerals, and environmental remediation technologies. For further information on Daleco and clean age technologies, please visit www.dalecoresources.com.

Safe harbor for Forward-looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the Company's operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs