ORLANDO, Fla., Nov. 5, 2007 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., announced that it has issued an initial research report on Carbon Sciences, Inc. (OTCBB:CABN)
Andre Garnet, MS, MBA, RedChip Research Analyst, wrote in the report:
"Carbon Sciences, Inc. is a development stage company that is developing a technology to convert harmful carbon dioxide (CO2) into a useful form that will not contribute to global warming. This technology is based on a patent filed by the company and developed under the brand name, GreenCarbon(tm) Technology. By eliminating harmful CO2 from human created sources, such as power plants and industrial factories, the technology will provide a partial solution to the problem of global warming. GreenCarbon(tm) Technology is initially targeted at electrical power plants.
"The GreenCarbon technology uses waste mineral products from coal mines and other mining operations as a feedstock for the transformation of CO2 into highly stable products used in building materials, paper, plastics, fertilizers and other industrial applications. Through a proprietary system, the raw materials are processed into extremely fine mineral particulates to optimize the available surface area for reacting with CO2. This method greatly reduces the energy needed to produce fine particulate minerals, which reduces the overall cost of mitigating carbon dioxide emissions.
"Existing strategies deal with CO2 emissions by capturing CO2 and sequestering, or burying, them in underground geological formations and the ocean floor. A carbon transformation technology such as Carbon Sciences' may provide a more practical and less expensive alternative."
To receive a complimentary copy of the RedChip Visibility Initial Research Report for CABN, please visit:
http://www.redchip.com/visibility/investor.asp?symbol=CABN
About RedChip Companies, Inc.
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DISCLOSURE
The analysts contributing to this report do not hold any shares of CABN. Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. RedChip certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analyst in the report. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. Carbon Sciences, Inc. is a client of the RedChip Companies, Inc. and has contracted the RedChip Companies to increase investor awareness of CABN to the small-cap equity community. These services may include investor conferences and digital and print distribution of CABN investor related materials. The RedChip Companies received a fee of $45,000 in cash and 500,000 shares of Rule 144 stock for six months of service. Carbon Sciences, Inc. is a client of the RedChip Companies, Inc. and of RedChip Visibility, a division of RedChip Companies. CABN paid RedChip Visibility $30,000 for the RedChip Visibility Research Program, which includes the RedChip Visibility Research report.