Rival Technologies Inc. (RVTI.OB)

[QualityStocks]

Rival Technologies Inc. is an innovative energy related technology company focused on investing in emerging technologies that display extraordinary market potential. The company has filed several provisional patents and patent applications and is focused on licensing its technology for industry use.

Rival Technologies. Inc. is the parent company of TRU Oiltech Inc. which researches alternative systems and heavy oil upgrading technology to enhance the process of moving oil sands bitumen to processing plants. The subsidiary is expected to provide substantial per barrel cost savings over existing methods.

The company is currently transitioning the TRU process technology from the lab to pilot plant stage. Delivering an ultra-high yield, pipeline grade, premium synthetic crude oil, Rival Technologies expects the TRU process to become the new industry standard for primary upgrading of heavy crude oil.