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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) announces the global expansion of its license rights for seven biotechnology compounds from KAM Biotechnology Ltd, including the acquisition of the patent for Stablex. This strategic move aims to enhance CETI's environmentally sustainable solutions for industrial wastewater remediation. Stablex, a pH-neutral chlorine dioxide solution, improves cleansing properties and system performance while reducing processing time. The partnership with KAM also brings anti-fouling attributes, microbiological oil spill solutions, and enhanced capabilities in sludge oil extraction.
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Cyber Enviro-Tech, Inc. (CETI) announced a strategic development in its share structure, with the top three shareholders collectively canceling fifty million shares of common stock and issuing 16,667 Series 'A' Convertible Preferred Stock shares. This decision maintains equivalent voting power for the affected shareholders and introduces a two-year restriction on converting the preferred shares back into common stock. CEO Kim D. Southworth expressed confidence in the company's future and the positive impact this reduction in outstanding common shares may have on shareholders.
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Cyber Enviro-Tech, Inc. (CETI) made significant strides in developing reservoir enhancement technologies to increase oil production and reduce lift costs in 2023. Their environmentally friendly technologies aim to cleanse water used for fracking and salt water injection, which is critical for the US energy and environmental infrastructure. CETI's unique approach also enables the removal of sellable oil from the water, creating an additional revenue stream for the company. The company's focus on remediating and repurposing oil produced water is especially critical for Texas, given its rapidly decreasing water supply. CETI's proprietary technologies have the potential to lower lift costs, increase oil production, and do so in an economically green and environmentally safe way.
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Cyber Enviro-Tech provides a shareholder update focusing on lift cost reduction, oil/water contamination removal, and 45 million barrels estimated recoverable reserves. The company's proprietary technologies aim to cut lift costs, increase oil production, and repurpose contaminated water in a cost-effective and environmentally friendly manner.
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Cyber Enviro-Tech, Inc. (CETI) announced the resignation of Director Markham Broughton, effective December 18, 2023. CEO Kim D. Southworth acknowledged Mr. Broughton's continued support and desire to see CETI prosper. More details can be found in the Form 8-K to be filed with the SEC.
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Cyber Enviro-Tech, Inc. (CETI) is a water science technology company specializing in reservoir enhancement processes for increased oil production and remediating oil wastewater. Their proprietary neutral pH biocidal CLO2 technology has shown a 20% flow rate increase in West Texas test fields, with potential to reverse air pollution and increase oil extraction from marginal wells. With 92% of wells in Texas classified as stripper wells and around 750,000 wells nationwide, CETI's non-corrosive, bio-enzyme-based treatment aims to address health risks and increase oil productivity while maintaining ecological integrity.
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Cyber Enviro-Tech, Inc (CETI) has developed a water remediation system to reduce seismic activity in the Permian Basin by treating and repurposing oil production wastewater. The company's solution aims to remediate the wastewater, making it environmentally friendly for irrigation and drinking water. This comes in response to the surge in earthquakes caused by the deep underground injection of high-sodium wastewater in Texas. The size of this problem is significant, with a 400% increase in wastewater injections in Texas from 2011 to 2021, leading to a fivefold increase in earthquakes with a magnitude of 4.0 or higher in 2021 compared to 2020. CETI's portable wastewater remediation systems offer a promising solution to this pressing issue, aligning with the company's commitment to creating a Total Waste Solution (TWS) for repurposing industrial wastewater back into the communities.
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CETI (OTC Pink: CETI) announces the deployment of its proprietary Bio Chlorine Dioxide and enzyme technologies in West Texas oil field. The solution is designed to combat bacteria and clogs in water injection wells, enhancing oil production and remediate oil field wastewater. CEO Kim D. Southworth expresses enthusiasm for the potential impact.
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Cyber Enviro-Tech signs service agreement with Crosstex Environmental STX, LLC for biological cleaning of contaminated oil production wastewater
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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%
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United States of America
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