On December 17, 2007, USSEC-owned Sustainable Power Corp. filed to protect the trademark Vertroleum in relation to “artificial petroleum”.
In addition to creating some buzz in the investment community, the term Vertroleum appeared on Wikipedia the very same day as the filing. Paraphrased from the Wikipedia entry:
“Vertroleum is a word coined to describe the biocrude oil obtained from all green resources, or biomass. This process yields a biocrude oil that, like petroleum crude, can be refined into a large number of hydrocarbon based products. The term Vertroleum can be used in all the ways the term petroleum is used to facilitate understanding how the next generation of biofuel technology will result in green, environmentally friendly products. Although this is new technology and research continues, it is thought that this next generation of biofuel technology could eventually make current ethanol and biodiesel technologies obsolete.”
For what seems like a comprehensive collection of links, pictures, charts and investment info related to Vertroleum and Sustainable Power Corp, click here: Vertroleum. **
** Mork has no vested interest in this product or company. He is, however, a sucker for sustainable energy news and interesting penny stocks.
