- Previous symbol CBMG (pre 8-1 F/S)
NOTE: This is NOT NWRT nor is it related in any way.
As of Holladay Stock on December 22, 2006
A/S 500 mil
* Holiday is no longer the TA for CLME. Those are the last #'s that they had on record.
CBEC MISSION STATEMENT:
"THINK GREENER. DRIVE CLEANER. COLUSA ETHANOL."
Colusa Biomass Energy Corporation is dedicated to converting biomass to energy for the transportation sector of the US economy. By using waste biomass as the source for conversion to energy the population benefits two fold immediately: the ethanol distilled from the waste biomass causes the unleaded gasoline to burn cleaner with less tailpipe emissions; and as the waste biomass does not break down releasing into the atmosphere methane and carbon dioxide which are key components of the greenhouse gases. Colusa Biomass will continue to pioneer uses of waste biomass to the benefit of our shareholders and the population in general.
Introduction & US Patent:
CBMG Colusa Biomass Energy Corporation Signs Consulting Agreement With Yet2.com
PR Newswire - January 18, 2006 9:01 AM (EDT)
Jan 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Colusa Biomass Energy Corporation (Pink Sheets: CBMG), the Colusa County, California based biomass-to-ethanol company, announced today that they have engaged global technology exchange and consultancy Yet2.com of Needham, Massachusetts to partner with them in marketing their patented process of converting rice straw to ethanol.
Commenting on this strategic alliance, Tom Bowers, CEO of CBMG, stated, "We are pleased to establish a strategic alliance with Yet2.com. Yet2.com has a proven track record of helping companies identify licensing opportunities, helping them facilitate their business plans, and ultimately providing enhanced shareholder value. Our patented process of converting rice straw (rice hulls) to ethanol now has the opportunity to receive global awareness as Yet2.com is known worldwide, and we are elated about having a strategic partner with their experience. I think that our shareholders are going to be quite pleased when they see the benefits that a growth oriented company like ours will receive from working with a well established, respected group like Yet2.com."
Ben DuPont, President and Founder of Yet2.com, added, "We are very excited to have the opportunity to work with Mr. Bowers and his staff at Colusa Biomass. They have worked diligently toward providing a solution for California in converting the rice straw and rice hulls into a bona fide commodity (ethanol) -- their patented process can prevent additional pollution from impacting the environment. At the same time, they'll be able to help our economy, which is paying record prices for fuel. We have done extensive due diligence on Colusa Biomass, and we are convinced that there is a growing market, and need, for the conversion of biomass to ethanol. We are looking forward to guiding Colusa as they introduce their patented process to the global marketplace. During the course of our due diligence, we were not able to find another company that was able to provide the same technology that Colusa has created. Mr. Bowers has shown that he is committed to his shareholders, and as his newest equity partner, we will work with Colusa to attain the greatest value we possibly can."
Mr. DuPont is a founding member of Yet2.com. He brings 14 years' experience at DuPont in a variety of product development, manufacturing, and sales positions to his role at Yet2.com, where he focuses particularly on Sales and Operations, recruiting initial key corporate customers, service partners, and users.
Ethanol Price Graph
- compliments H-C