 SulphCo(R) Raises Approximately $5.0 Million HOUSTON, July 17 /PRNewswire-FirstCall/ -- SulphCo(R), Inc. SUF announced today that it has raised approximately $5.0 million through an exercise of outstanding warrants.
Dr. Larry Ryan, CEO of SulphCo(R) commented, "The exercise of these warrants is in line with our expectations as previously announced. With cash presently on hand and the proceeds resulting from the exercise of these warrants we anticipate that we will be able to fund our cash requirements for the remainder of 2007."
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