New Alert Released Breaking News This Morning

AwesomeStocks Hello! CEI, our newest alert, released breaking news this morning that could be another positive growth catalyst for the company. Here is the breaking news announced this morning: “Camber Energy's Licensor of Carbon-Capture Technology Expands One-of-A-Kind IP Portfolio” Here is the highlight from this press release: - “ESG Clean Energy's Technology Designed to make C02-Capture Economically Viable” As the company further explains: “HOUSTON, TX / ACCESSWIRE / August 4, 2023 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") is pleased to announce that new patents were issued and a new patent application was filed with respect to ESG Clean Energy, LLC's ("ESG") intellectual property portfolio.” “ESG, a developer of net zero carbon footprints and clean energy solutions for distributed power generation, has, as previously announced, licensed certain intellectual property and other rights to Camber's wholly-owned subsidiary, Viking Energy Group, Inc. ("Viking"), for exclusive use in all of Canada, and for multiple locations in the U.S.” Importantly: “When capturing CO2 either from the atmosphere or from a combustion process like a gas-fired power plant, a common issue that must be dealt with is the presence of water in the system. Water is always present in relatively large quantities. In the atmosphere water can be as much as 100 times the amount of CO2. In a combustion exhaust stream the water and CO2 are in about equal amounts that make up almost 40% of the total volume.” As the press release further notes: “Water interferes with the capturing of CO2, making it much more difficult to regenerate or purge the medium that is capturing the CO2. Removing water from a gas mixture like the atmosphere or exhaust can be very complicated. In fact, there is a field of engineering called Psychrometrics that studies the physical and thermodynamic properties of similar gas-vapor mixtures. Removing the water from a gas mixture can take a large amount of energy and can require large and expensive equipment.” “However, if the water can be removed without requiring large amounts of cost and energy, then carbon capture would be economically feasible and relatively easy to accomplish. It also can be applied to both large and small systems such as large power facilities or individual buildings.” Here is how the system works: “ESG's system consists of a unique membrane condenser coupled with a hybrid absorption/compression cooling system. The technology involves many complex features including heterogenous nucleation, transport membrane condensers, dew points, saturation level, capillary condensation, and relative humidity.” “Put simply, the technology can be described as a way of getting water to separate from a gas mixture in a similar way that water from the atmosphere forms dew on grass in the morning. The gas is cooled by a rather special heat exchanger that both cools the gas and separates the water by having it pass through a ceramic membrane. The water ends up on one side of the membrane while the rest of the gases remain on the other side. The cooled and dry exhaust then flows to a carbon capture system where the CO2 is captured without the interference of the water previously in the system.” Here are the company’s comments from this press release: "ESG Clean Energy's commitment to expanding and strengthening its IP portfolio further elevates our position in the power solutions and clean energy sectors. Not only can we assist commercial and industrial organizations with their power generation needs, we will also be able to help reduce their carbon footprint in a pragmatic, cost-effective manner," commented James Doris, President & CEO of Camber. We are continuing to monitor CEI for a bounce opportunity. Following yesterday’s alert, CEI opened at 0.90, the high of the day, afterwards closing the day at 0.81. In the event that CEI can rally and close above its 50 day moving average of 0.89, it could present increased upside potential. Two weeks ago, CEI rallied to a high of 1.27, more than 41% from yesterday’s open. CEI is positioning itself for increased growth as they further accomplish their plans. Sources: [SP]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. 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