What are the opportunities for a new technology, that can reduce electricity costs and improve carbon neutrality? This company's shares are ripping, as it plans to operate a microalgae emulsion plant in North Carolina, has agreements in Pakistan and submit a proposal to the World Bank.
Mountain Top Properties, Inc (OTC PINK: MTPP) announced their Microalgae Emulsion Technology., which will increase interest in the benefits it provides particularly in reducing electricity costs and improving carbon neutrality. The company is currently in negotiations with North Carolina regarding placing a manufacturing and post-process facility.
The company has already entered into a Power Purchase Agreement with a company in Pakistan, to supply an uninterrupted electricity supply for a seven-and-a-half-year term, with a tariff of less than 25% from the local electricity company. Mountain Top also plans to submit an application to the World Bank.
Shares are soaring, up 55% to $0.14 in afternoon trade.
Tech Insider
