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Cyber Enviro-Tech Inc (OTCMKTS:CETI) Stock In Focus After Addition to Advisory Staff

Ian Leigh , , , ,

On May 16, publicly-held Cyber Enviro-Tech Inc (OTCMKTS:CETI), announced a vital addition to the advisory staff. The firm from Scottsdale, Arizona had signed a consulting agreement with Dr. Markus Miller. A veteran with three-plus decades of experience in meat packing, cattle, dairy farms, and other industries, Dr. Miller has been Distinguished Chair in Meat Science at Texas Tech. He has received more than $22 million in grants for teaching, research, and scholarships during that time.

Trading Data

On Tuesday, CETI stock ended flat at $0.3750 with 75 shares, compared to volume of 1.03K shares. The stock moved within a range of $0.3750 – 0.3750 after opening trade at $0.3750.

Dr. Miller expressed excitement about working with Cyber Enviro-Tech, as its cutting-edge technology, as well as the cost-effective approach in the meatpacking industry, aligns with his passion for sustainability. Miller added that he is looking forward to collaborating with the team and giving strategic guidance for helping achieve goals including water recycling.

The meatpacking industry, which has been notorious for its negative impact on the environment, uses between 1 million to 2 million gallons daily. With over 2,000 meat packing firms across the country, there is the discharge of contaminated blood, grease, oil, ammonia, fats,dangerous fecal bacteria as well as antibiotic-resistant bacteria.

Kim Southworth, CEO of Cyber Enviro-Tech, Inc said that the early test results of water remediation and reuse are encouraging. Southworth expressed excitement in working with an industry veteran, whose expertise will be valuable in developing and implementing cost-effective solutions for the industry.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.