Is the Honduras deal dead?
This below announced last summer - what happened?
All of these announcements appear to go by the wayside.
And, true to form, ALLM makes a NEW announcement so
that they can hopefully yank people's chains again
and again.
<<International Interest Continues to Grow in Alliance’s CTS Process as Optimization of Feedstocks Tops 43 Different Varieties
Jul 07, 2016
OTC Disclosure & News Service
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WEST PALM BEACH, Fla., July 07, 2016 (GLOBE NEWSWIRE) -- Alliance BioEnergy Plus, Inc. (OTCQB:ALLM) (the "Company"), is pleased to announce that as the scientific and engineering team at subsidiary Ek Laboratories continues to optimize the CTS process for dry distiller’s grain (DDG) and various other cellulose biomass, interest from groups around the world, with an eye on territory and plant sub-licensing, continues to grow. The latest group from Honduras has met with management on several occasions and has scheduled a visit to the Ek Labs pilot plant for later this month. This is the latest in a series of meetings with potential sub-licensees as the Company expands the list of viable feedstocks the CTS process is able to successfully convert into its base components of sugars and lignin that can then be used to produce biofuels, bioplastics, pharmaceuticals, fine chemicals, carbon fiber and a variety of other high value products.
The team at Ek Laboratories has successfully shown maximum conversion of over 43 different types of cellulose biomass at commercial scale including sugar cane bagasse, corn stover and fiber, agriculture waste, various grasses, most all woods and paper products, hays, algae, bamboo, tobacco and specialty crops such as sorghum, switch grass and sweet grasses. Unlike competing technologies the CTS process is feedstock agnostic and capable of switching between feedstocks throughout the day without loss of efficiency or production output.
Alliance BioEnergy is currently in discussions with several ethanol producers relating to its bolt-on CTS unit capable of processing DDG and other biomass while it continues meeting with potential territory and plant sub-licensees from around the world.>>
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In my view, ALLM did something right here - they spelled Honduras
right. At least they probably learned from their ColUmbia announcement
that the South American country isn't spelled the same as the capital of
South Carolina.
Does anyone know what's going on with the ColUmbia agreement anyway?
Will any of these announcements bear fruit??
What a joke!
