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CYBER ENVIRO-TECH INC. - $CETI STOCK NEWS

Welcome to our dedicated page for CYBER ENVIRO-TECH news (Ticker: $CETI), a resource for investors and traders seeking the latest updates and insights on CYBER ENVIRO-TECH stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CYBER ENVIRO-TECH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CYBER ENVIRO-TECH's position in the market.

Rhea-AI Summary

Cyber Enviro-Tech, Inc. (CETI) has received approval to upgrade its trading platform from OTC Pink to OTCQB. This move will enhance investor protection through more rigorous reporting requirements, including PCAOB audited financial statements. The company is also progressing with its water remediation system deployment in Oklahoma and Texas.

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Cyber Enviro-Tech, Inc (CETI) is close to finalizing a Letter of Intent with a Salt Water Disposal facility in West Texas to clean contaminated oil production wastewater. The company's biotechnology solution aims to repurpose the water back into the environment, addressing the hazardous pollution caused by hydrocarbons and industrial compounds. The agreement is expected to process 45,000 barrels of brine water monthly, valued at $9 per barrel, benefiting oil operators and communities. CETI's innovative process not only focuses on oil production but also on providing clean water for various applications.

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7.14%
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Rhea-AI Summary
Cyber Enviro-Tech, Inc. (CETI) announces the filing of an application to upgrade its trading platform from OTC Pink to OTCQB, enhancing reporting standards and financial transparency. The upgrade process includes specific criteria and aims to provide investors with more reliable information. CETI has a proactive approach to regulatory compliance, exceeding Pink's requirements and aligning with OTCQB standards, reflecting the company's commitment to growth and investor confidence.
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-7.34%
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Cyber Enviro-Tech, Inc. (CETI) introduces exclusive disinfection biochemicals and processes for the meat and food processing industries, aiming to revolutionize sanitation practices. Collaborating with Texas Tech University, CETI's products show impressive pathogen destruction and sustained residual effects, exceeding industry standards. These biodegradable solutions promise enhanced safety, efficiency, and environmental impact, potentially leading to substantial cost savings.
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-17.35%
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Cyber Enviro-Tech, Inc. (CETI) announces the global expansion of its license rights for seven biotechnology compounds from KAM Biotechnology Ltd, including the acquisition of the patent for Stablex. This strategic move aims to enhance CETI's environmentally sustainable solutions for industrial wastewater remediation. Stablex, a pH-neutral chlorine dioxide solution, improves cleansing properties and system performance while reducing processing time. The partnership with KAM also brings anti-fouling attributes, microbiological oil spill solutions, and enhanced capabilities in sludge oil extraction.
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-26.67%
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Cyber Enviro-Tech, Inc. (CETI) announced a strategic development in its share structure, with the top three shareholders collectively canceling fifty million shares of common stock and issuing 16,667 Series 'A' Convertible Preferred Stock shares. This decision maintains equivalent voting power for the affected shareholders and introduces a two-year restriction on converting the preferred shares back into common stock. CEO Kim D. Southworth expressed confidence in the company's future and the positive impact this reduction in outstanding common shares may have on shareholders.
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-12.97%
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Cyber Enviro-Tech, Inc. (CETI) made significant strides in developing reservoir enhancement technologies to increase oil production and reduce lift costs in 2023. Their environmentally friendly technologies aim to cleanse water used for fracking and salt water injection, which is critical for the US energy and environmental infrastructure. CETI's unique approach also enables the removal of sellable oil from the water, creating an additional revenue stream for the company. The company's focus on remediating and repurposing oil produced water is especially critical for Texas, given its rapidly decreasing water supply. CETI's proprietary technologies have the potential to lower lift costs, increase oil production, and do so in an economically green and environmentally safe way.
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Cyber Enviro-Tech provides a shareholder update focusing on lift cost reduction, oil/water contamination removal, and 45 million barrels estimated recoverable reserves. The company's proprietary technologies aim to cut lift costs, increase oil production, and repurpose contaminated water in a cost-effective and environmentally friendly manner.
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Cyber Enviro-Tech, Inc. (CETI) announced the resignation of Director Markham Broughton, effective December 18, 2023. CEO Kim D. Southworth acknowledged Mr. Broughton's continued support and desire to see CETI prosper. More details can be found in the Form 8-K to be filed with the SEC.
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3.03%
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Rhea-AI Summary
Cyber Enviro-Tech, Inc. (CETI) is a water science technology company specializing in reservoir enhancement processes for increased oil production and remediating oil wastewater. Their proprietary neutral pH biocidal CLO2 technology has shown a 20% flow rate increase in West Texas test fields, with potential to reverse air pollution and increase oil extraction from marginal wells. With 92% of wells in Texas classified as stripper wells and around 750,000 wells nationwide, CETI's non-corrosive, bio-enzyme-based treatment aims to address health risks and increase oil productivity while maintaining ecological integrity.
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CYBER ENVIRO-TECH INC.

OTC:CETI

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13.92M
48.07M
32.16%
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Administrative and Support and Waste Management and Remediation Services
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