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Last $0.28 USD
Change Today +0.035 / 14.29%
Volume 278.7K
ZERO On Other Exchanges
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

save the world air inc (ZERO) Snapshot

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52 Week High
10/7/14 - $0.74
52 Week Low
07/23/15 - $0.23
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save the world air inc (ZERO) Details

Save the World Air, Inc. develops and commercializes energy efficiency technologies. The company’s energy efficiency technologies assist in meeting energy demands, enhancing the economics of oil extraction and transport, and reducing greenhouse gas emissions. Its intellectual property portfolio includes 47 domestic and international patents and patents pending, which have been developed in conjunction with and licensed from Temple University of Philadelphia, Pennsylvania. The company’s primary technology is Applied Oil Technology, a commercial-grade crude oil pipeline transportation flow-assurance product for the midstream pipeline marketplace. It serves upstream producers, midstream transporters, and downstream refiners. The company was formerly known as Mandalay Capital Corporation and changed its name to Save the World Air, Inc. in February 1999. Save the World Air, Inc. was founded in 1998 and is based in Santa Barbara, California.

6 Employees
Last Reported Date: 03/16/15
Founded in 1998

save the world air inc (ZERO) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

save the world air inc (ZERO) Key Developments

Save the World Air, Inc. Appoints Robert Khami as Vice President of Operations

Save The World Air, Inc. announced the appointment of Robert Khami as Vice President of Operations. As Vice President of Operations, Mr. Khamiwill oversee a variety of sales and engineering initiatives. He will spearhead the company's efforts to enhance STWA's flow assurance solutions, and will guide the business development team as it looks to secure additional deployments of these solutions. Prior to STWA, Mr. Khami was General Manager at Hudson Products Corporation in Houston, Texas, where he increased both domestic and international sales, and created new products that improved operational efficiencies.

Save the World Eyes Acquisitions

Save the World Air, Inc. (OTCPK:ZERO) is looking for acquisition opportunities. Greggory Bigger, STWA Chief Executive Officer and Chairman of Save the World, concluded, "Robert brings with him not only product development expertise, but also established relationships in the energy industry that will lead to enhanced business development initiatives for STWA. His addition to the management team will provide us with operational support so that I can devote more time to pursuing a bifurcated growth strategy to generate substantial shareholder value. Our first priority is organic growth through the commercialization of our current product portfolio, and Robert's appointment as VP of Operations is another critical step forward as we expand our technology offerings and look to global deployment opportunities. We are also working to implement an M&A strategy, whereby we will be pursuing accretive acquisitions of complementary technologies and operational teams, which can result in immediate changes to our balance sheet, thus de-risking the investment proposition. Robert will be a critical addition to our management team as we expand the global reach of our flow assurance technologies, and seek both short- and long-term revenue generation through multiple strategic initiatives."

Save The World Air, Inc. Enters into Strategic Partnership with Norront AS for AOT(TM) Distribution in Norway

Save The World Air, Inc. announced that it has entered into a agreement with Norront AS whereby NAS will have sole distribution rights for the company's Applied Oil Technology(TM) (AOT) to energy infrastructure in Norway. NAS distribution agreement for the Norwegian energy industry provides STWA with comprehensive access to a target market in which its technologies have never before been deployed. NAS is currently engaged in discussions with various midstream entities operating in Norway, and is specifically targeting a new, major pipeline for AOT deployment. STWA and NAS also plan to combine the expertise of their respective engineering teams to modify AOT for subsea implementation. This would be the first time that STWA's technology would be engineered for subsea use, representing an opportunity to penetrate a major segment of the global energy industry.


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