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Friday, 08/29/2014 1:24:10 AM

Friday, August 29, 2014 1:24:10 AM

Post# of 76488
Another item from Joseph James Linkedin page....We've been discussing how his page states that funding has been committed for the Allendale pilot plant. Another item caught my eye and I wanted to see if anyone here knows the answer. The previous sentence on his page reads, "ATP-SC has been given the EXCLUSIVE RIGHT TO DEVELOP TORREFACTION PLANTS IN SOUTH CAROLINA and is developing a 3.65M 13,000t.p.y. pilot plant on the grounds of a very large wood processing operation in Allendale, SC. Is that possible?...the JV partners have no possible competition in an entire state? We already know that the PATENTED NC State machine is the best technology available (lower energy usage, able to use undried biomass) etc., and that our JV partner has the EXCLUSIVE LICENSE to use the design. Do we now have the EXCLUSIVE rights to operate plants for the entire state?. Pretty incredible if true...and should keep the price of the wood waste minimal, since they would have to ship it out of state to another operator if not sold to ATP-SC. Probably cost prohibitive. I'm fairly new here, so if someone can fill in the blanks, I'd appreciate it.

GLT VGPR longs