Industry Source Consulting Inc (INSO)

[red lexus]

Mansion, you are right. Biocoal could be huge and that's not the only thing we could be involved in with the power companies. There was a recent story in my area about Duke Energy shutting down one of their older coal-fired power plants here because it would be cost prohibitive to bring it up to new standards, and mentioned the fact that Duke would have to maintain the property for years after shutdown because of the toxic coal ash ponds. VGPR and our JV partner have potential solutions for both problems. A university study stated that using biocoal could lengthen the useful life of the old power plants by two decades, while meeting new standards, before the plants would have to be retired. Agri-Tech (JV partner) has a way to deal with the coal ash ponds. It is already a form of biochar and used in agriculture. Problem is it contains toxic heavy metals and can only be used in small amounts so it doesn't leach into plants. Agri-Tech has a way to use the ash to grow a modified sorghum plant that absorbs the toxins to clean the ash for use in agriculture. The toxins are then removed from the sorghum in a separate process and the biomass from the plants is then used to make more biocoal. The biocoal and biochar businesses have a lot of crossover potential. Many potential revenue streams for VGPR.

GLT VGPR investors!