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CYBER ENVIRO-TECH INC. - CETI STOCK NEWS

Welcome to our dedicated page for CYBER ENVIRO-TECH news (Ticker: CETI), a resource for investors and traders seeking the latest updates and insights on CYBER ENVIRO-TECH stock.

Cyber Enviro-Tech Inc. (CETI) is an environmentally driven company specializing in oil/sludge, water, and soil remediation. Their cutting-edge bio-remedial materials and advanced technologies help extract and eliminate hazardous waste materials from oil, industrial wastewater, and soil. CETI focuses on cleaning oil/sludge ponds, storage tanks, oil spills, mining sites, and other contaminated industrial wastewater bodies. With a core business model centered around eco-friendly practices and innovative solutions, CETI is at the forefront of environmental sustainability in the industry.

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Cyber Enviro-Tech Inc. (CETI) has announced a partnership with its shareholder-based subsidiary, CETI Axenic (CAX), to pursue opportunities in the commercial laundry business. The industry consumes over 1.7 trillion gallons of water annually at a cost exceeding $3.5 billion, with only 32% of water currently being recycled. CETI's innovative water remediation systems can increase recycling rates to over 90%, potentially saving more than $1 billion annually.

CETI's technology offers several advantages, including up to 48 hours of residual disinfectant, eco-friendliness, and removal of PFAS by over 85%. The bio-mechanical process eliminates effluent and the need for sewage treatment. Recycling water creates a 50% energy savings and could yield over 20% in cost savings while enhancing cleaning and disinfection efficiency.

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Cyber Enviro-Tech Inc. (CETI) has announced a significant milestone in its operations. The company has acquired a Salt Water Disposal (SWD) facility in southern Oklahoma and has begun deploying its advanced oil reclamation technologies. CETI's innovative process can eliminate Sulphur, Iron Sulfite, and demulsifying agents from contaminated crude oil at any concentration levels, in an environmentally safe manner.

Initial tests have shown promising results, with the technology reducing sulfur to less than 0.2% and iron sulfite to nearly undetectable levels. CETI is preparing to ship its first loads of remediated oil and has secured arrangements to process thousands of barrels of contaminated oil monthly. The company's technology also helps operators meet stringent EPA regulations, including the 2025 NPDES compliance standards.

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Cyber Enviro-Tech (CETI) has announced a collaboration with RIVAMED, a Turkish engineering firm, to create advanced hybrid water treatment systems aimed at addressing Turkey's severe water pollution and drought issues. RIVAMED, with its extensive experience in water treatment systems, will manufacture these innovative solutions. The project targets over 1,100 wastewater plants and industries in Turkey, deploying CETI's proprietary bio-remediation materials and technologies. Turkey faces high contamination levels in its water supply, exacerbated by unregulated industrial activities and drought. CETI's advanced system promises significant reduction in contaminants, employing electrochemical, cavitation, and hyper clarification methods, with catalysts more effective than chlorine. This partnership aims to improve drinking water quality and offers potential expansion into Europe and the Middle East.

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Cyber Enviro-Tech (CETI) has signed a Memorandum of Understanding to acquire a Salt Water Disposal (SWD) facility in the Permian Basin, West Texas. CETI will work with an established SWD and oil field operating company to restore the facility. The aim is to develop a Pilot SWD facility utilizing advanced technologies for desalinization, water remediation, and converting waste into saleable oil. CETI plans to repurpose wastewater for agricultural use or potable drinking water. The definitive agreement is expected by Q3 2024, with production and revenue generation to follow. Texas disposed of 4.4 billion barrels of contaminated oil production wastewater in 2020, highlighting the need for CETI's water remediation solutions.

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Cyber Enviro-Tech (OTCQB: CETI) has announced a significant technological advancement in water treatment, targeting the removal of insecticides, nitrates, phosphates, and cyanides from highly contaminated agricultural, industrial, and mining wastewater. This breakthrough addresses the critical issue of potable water contamination, especially since agriculture accounts for 70% of global water consumption. CETI's proprietary systems use environmentally friendly biologics, eliminating the need for chemical inputs and reducing operational costs. Their approach boasts a 100% removal efficiency, far surpassing traditional methods which achieve only up to 66% removal. Discussions and tests are currently underway with clients in mining, oil and gas, agriculture, and meat processing. The advancement aligns with increasing government regulations on water quality standards, promising a higher standard of safe drinking water.

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Cyber Enviro-Tech (CETI) has signed an agreement with Warrior Operating Group (WOG) to clean contaminated oil production wastewater in Texas. The companies aim to repurpose the wastewater into decontaminated drilling fluid brine, generating 45,000 barrels per month. This effort addresses Texas' urgent need to manage water resources amid ongoing drought conditions. The targeted market price for the brine is $9 to $12 per barrel. CETI's biotechnology offers potential applications beyond the oil industry, including agriculture and drinking water. The partnership marks a significant milestone for CETI's bioremediation efforts, combining innovative and environmentally sound practices.

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Cyber Enviro-Tech, Inc. (CETI) has received approval to upgrade its trading platform from OTC Pink to OTCQB. This move will enhance investor protection through more rigorous reporting requirements, including PCAOB audited financial statements. The company is also progressing with its water remediation system deployment in Oklahoma and Texas.

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Cyber Enviro-Tech, Inc (CETI) is close to finalizing a Letter of Intent with a Salt Water Disposal facility in West Texas to clean contaminated oil production wastewater. The company's biotechnology solution aims to repurpose the water back into the environment, addressing the hazardous pollution caused by hydrocarbons and industrial compounds. The agreement is expected to process 45,000 barrels of brine water monthly, valued at $9 per barrel, benefiting oil operators and communities. CETI's innovative process not only focuses on oil production but also on providing clean water for various applications.

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Cyber Enviro-Tech, Inc. (CETI) announces the filing of an application to upgrade its trading platform from OTC Pink to OTCQB, enhancing reporting standards and financial transparency. The upgrade process includes specific criteria and aims to provide investors with more reliable information. CETI has a proactive approach to regulatory compliance, exceeding Pink's requirements and aligning with OTCQB standards, reflecting the company's commitment to growth and investor confidence.
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Cyber Enviro-Tech, Inc. (CETI) introduces exclusive disinfection biochemicals and processes for the meat and food processing industries, aiming to revolutionize sanitation practices. Collaborating with Texas Tech University, CETI's products show impressive pathogen destruction and sustained residual effects, exceeding industry standards. These biodegradable solutions promise enhanced safety, efficiency, and environmental impact, potentially leading to substantial cost savings.
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FAQ

What is the current stock price of CYBER ENVIRO-TECH (CETI)?

The current stock price of CYBER ENVIRO-TECH (CETI) is $0.3 as of October 15, 2024.

What is the market cap of CYBER ENVIRO-TECH (CETI)?

The market cap of CYBER ENVIRO-TECH (CETI) is approximately 30.1M.

What is Cyber Enviro-Tech Inc. (CETI) known for?

CETI is known for its environmentally driven approach to oil/sludge, water, and soil remediation using bio-remedial materials and advanced technologies.

What are the core business activities of CETI?

CETI's core business activities include cleaning oil/sludge ponds, storage tanks, oil spills, mining sites, and other bodies of contaminated industrial wastewater.

What makes CETI stand out in the industry?

CETI stands out for its focus on eco-friendly practices, innovative solutions, and commitment to environmental sustainability.

CYBER ENVIRO-TECH INC.

OTC:CETI

CETI Rankings

CETI Stock Data

30.12M
72.38M
32.67%
Utilities - Regulated Water
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United States of America
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