Wednesday, August 24, 2016 3:47:01 PM
Dan, that's another specific reason why you're full of it!
You're completely contradicting your RRDA press release from last year.
It specifically says that it was supposed to be "up and running" on
a commercial scale (one thousand metric tons / day) three months ago!
<<Alliance BioEnergy Plus, Inc. Enters Into 56 Plant Development Agreement With Renewable Resources Development of America, LLC.
Aug 05, 2015
OTC Disclosure & News Service
-
WEST PALM BEACH, Fla., Aug. 05, 2015 (GLOBE NEWSWIRE) -- Alliance BioEnergy Plus, Inc. (OTCQB: ALLM) (the "Company") announced today that it entered into a non-exclusive development agreement with Renewable Resources Development of America, LLC (“RRDA”) for the construction and operation of up to 56 cellulose conversion plants both domestically and abroad utilizing the Company’s licensed, patented CTS technology.
RRDA is a Delaware limited liability company with a background in construction, finance, municipal solid waste recovery, plastics, metals and papers recycling. The company's background also extends to chemical extraction from or for manufacturing, and cellulose material conversion into sugars for the manufacturing of bio-fuels, bio-plastics and other products. They are also developing business facilities using cellulose conversion technology.
It is anticipated that the first CTS plant, under the agreement, will be located in central Georgia, breaking ground this fall and will process up to one thousand metric tons a day of agriculture and forestry waste. RRDA is in advanced negotiations with local municipalities and expects to be fully operational by the second quarter of 2016.>>
http://www.otcmarkets.com/stock/ALLM/news/Alliance-BioEnergy-Plus--Inc--Enters-Into-56-Plant-Development-Agreement-With-Renewable-Resources-Development-of-America--LLC---nbsp-?id=111412&b=y
As we now know from the small note in your 10-K, RRDA is defunct!!
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