Virtual Sourcing, Inc. (OTC Pink: PGCX) (PINKSHEETS: PGCX) subsidiary Allied Recycling Corp (ARC), has been advised that the trademark on our wholesale oil/water product has been filed as Kruud Kleen™. The product is currently being tested, by our supplier, for use in down-hole applications to clean out oil and gas wells, and assisting in improving pressure and production from the wells. During August we expect other tests from potential customers to be completed. All of these tests relate to the oil industry, oil transportation in trucks, ships, train cars or barges, and the cleaning out and sludge/mud separation from wells.
The oil production industry has historically had substantial difficulty controlling costs related to recycling the water from all production facilities, as well as other costs from cleanup and sludge removal. Our product substantially reduces the cost of products used and shortens the time for completion of each action. Our product supplier claims that it saves the end user thousands of dollars per action at each facility, or in each treatment, when compared with or added to the current methods they use.
We are seeking customers in Kansas, Oklahoma, Texas, Louisiana, Ohio, West Virginia and Pennsylvania. The training of our sales force will begin immediately after Labor Day 2014. Company representatives will be visiting Texas next week to improve their knowledge of the needs of potential customers and the solutions they require. They will also be reviewing additional products that the company may sell to enhance the use of our current chemicals.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management and information currently available to management. The use of words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "should," "likely" or similar expressions, indicates a forward-looking statement.
The identification in this press release of factors that may affect the Company's future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.
Virtual Sourcing, Inc.
Investor relations @ 877-291-0053
SOURCE: Virtual Sourcing, Inc.