Last $0.45 USD
Change Today -0.0375 / -7.65%
Volume 34.2K
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As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

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11/22/13 - $1.14
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save the world air inc (ZERO) Details

Save The World Air, Inc., a development stage company, focuses on designing, developing, manufacturing, and commercializing energy efficiency technologies. Its 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 includes 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.

9 Employees
Last Reported Date: 03/17/14
Founded in 1998

save the world air inc (ZERO) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $290.0K
Compensation as of Fiscal Year 2013.

save the world air inc (ZERO) Key Developments

Ryan Zinke to Resign from the Board of Directors of Save the World Air, Inc., Effective January 1, 2015

On November 6, 2014, Ryan Zinke informed to Save The World Air, Inc.'s Board of Directors that on November 4, 2014, he was elected to the United States House of Representatives, representing the state of Montana. Mr. Zinke then announced that as a result of his election he could no longer serve on company's Board. Mr. Zinke then tendered his resignation from the Board, effective January 1, 2015, advising that the date of his swearing in as a member of Congress is set for January 6, 2015.

Save The World Air Deleted From OTCBB

Save The World Air, Inc.’s common stock has been deleted from OTC Bulletin Board (OTCBB) effective November 12, 2014 on account of its ineligibility for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.

STWA Partners with Haven Technology Solutions in Joint Development of Next Generation Pipeline Flow Management Technology

Save The World Air, Inc. announced that it has entered into a joint development agreement with Haven Technology Solutions. Testing to be conducted at the Haven flow-loop research facility in Magnolia, Texas, will incorporate Haven's patented Flow Regime Management systems (FRMs(TM)) as an advanced separation solution in conjunction with STWA's AOT(TM) Viscosity Reduction System and STWA Joule Heat pipeline flow assurance equipment. Executives of both companies say they expect the project to yield a hybrid system optimized to separate commingled fluids under full flow and multiphase conditions, a capability with widespread commercial applications due to historic levels of upstream condensate production. Lighter than crude but heavier than liquid natural gas, condensates or ultra-light oils are one of the industry's fast growing segments as a result of enhanced oil and gas recovery techniques used to extract previously unrecoverable resources from shale formations. Haven's technology, FRM Two-Phase Full Flow system for the separation of gas and liquids, are currently in use in the maritime market providing an innovative solution for gas void fraction elimination. Flow Regime Management technologies can provide numerous benefits for a variety of applications and industries. In partnering with STWA, intends to pursue commercial applications of its multiphase separation and metering solutions in the upstream and downstream sectors of the oil and gas industry. STWA Joule Heat is a compact and highly efficient non-resistive core heating solution for pipelines designed to deliver optimal heat conductivity and performance with less power and in a smaller form factor than other less energy efficient systems in use. AOT(TM) Viscosity Reduction System lowers the viscosity of crude oil for less drag resistance, speeding the flow of oil and achieving greater operational efficiencies. Once deployed on pipeline pumping stations, oil production and transportation companies benefit from the safer, more cost-effective delivery of greater volumes of oil while reducing energy consumption at pumping stations and lowering CO2 emissions.


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