CaliPharms Inc (KGET)

[twosecure]

RISING EU WOOD PELLET USE DRIVES SURGE IN IMPORTS

"Overall, EU wood pellet production is not expected to be able to keep up with the demand from both the residential heating market and for power generation."

The rising demand will see imports grow by more than 1.4 million tons to 7.5 million tons this year – quadruple 2009 levels – largely from Canada, Russia and the US.

The US alone, which shipped 2.77 million tons of pellets to the EU last year, worth $374 million, could see the value of its shipments to top $1 billion by 2020, the USDA staff said.

The rise in exports is driving a surge in pellet production capacity in North America, with output tripling in the last three years in the US South, one of the country's two main timber regions.

http://www.agrimoney.com/news/rising-eu-wood-pellet-use-drives-surge-in-imports--7246.html

"KGET" manufactures and sells wood pellets as an alternative to coal and a waste heat to electricity patented technology. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day's subsidiary G-PEL also has pending contracts to sell refuses and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal. Second Cycle Recycling subsidiary of "KGET" creates pellets made from recycled paper to be used for cat litter, animal bedding and a variety of other used to be developed.

"KGET" intends to also expand the types of pellets made at SECOND CYCLE RECYCLING ( SCR) by adding wood pellet and hemp pellet manufacturing. With the research capabilities at SCR, management of "KGET" believes that "KGET" will be at the forefront of new product and technology advancements in the pellet industry.

GLTA the KGET shareholders