American BioDiesel Fuels Corp fka ABDL

[BayTrader280]

318.0

[jimmybob]

Hmm.. its a a FOOKING $1.15... up from when i got it at .03! WHat is that!

[minof14]

Is it time to SELL????????

[Stock Stallion]

NEWS:

ABDL American Biodiesel Fuels Corp. and Planet Resource Recovery, Inc. Complete Acquisition
Monday February 26, 9:00 am ET

HOUSTON--(BUSINESS WIRE)--American Biodiesel Fuels Corp. (PINK SHEETS:ABDL - News) and Planet Resource Recovery, Inc. have completed the acquisition through the execution of a share exchange agreement as announced on February 12, 2007.

Planet Resource Recovery, Inc. management has assumed control of company. The company submitted and has received the new required CUSIP number from Standard and Poor's CUSIP Service Bureau. Planet Resource Recovery Inc.'s new CUSIP number is 72705J 105.

Having procured the new CUSIP number, Planet Resource Recovery has completed the last component of all required documentation for the submission to the NASD for a name change and request a new trading symbol. Management anticipates becoming effective during the first half of March 2007.

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is a PetroChemical/Oil Services company that has developed a proprietary, environmentally-friendly chemical that dislodges hydrocarbons in practically all natural and man-made environments. The company's flagship product, PetroLuxus(TM), and its derivative product lines have a strong affinity and rapid dispersement qualities to break hydrocarbon chains on a molecular level for cost-effective remediation and recovery of petroleum products. The company's prospective markets for remediation and recovery include: oil tank farm cleaning, marine ship cleaning, oil sludge pits, contaminated soil/oil spills, biodiesel, waste oil segregation, heavy oil, tar sands, and Enhanced Oil Recovery, to name a few. Planet Resource Recovery's pilot manufacturing plant is fully operational with PetroLuxus(TM) ready for commercialization.

For an audio/visual demonstration of PetroLuxus(TM), go to the link below. http://www.planetresource.net/test76u31b.htm

For more information please visit www.planetresource.net

"Safe Harbor" Statement: Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital.


Contact:

Planet Resource Recovery, Inc.
Enrique Salinas, 281-996-5315
[e-mail]

[MWM]

Nope

[EricVan]

Ahhh I meant , are u in AUZR ;)

[MWM]

What? post 10, I sold out way too early...

[EricVan]

Hmm..yea true, I guess u dont the float, I thought u were talking about AUZR too.. ;/

[MWM]

Did you read the post you replied to...

[EricVan]

LOL do u mind if i ask y? ;)

[MWM]

No I sure don't.. I don't even want to look...

[EricVan]

Any idea as to what the O/S is on ABDL? im trying to compare it with AUZR ...ur in this monster btw? ;) Thanks for sharing !

[MWM]

Damn! I sold my lillte share total for 3 two weeks ago, Why did I do that.... I'm even the mod on this board! Stupid...

[jimmybob]

woops. .50 now. from .03... Woot!

[jimmybob]

.45 now. Glad i listened to you!

[jimmybob]

nows it up to .18. Pretty nice... bought in at .03 last week.

[jimmybob]

Thanks for the info. I am still up 200%, so right now this news doesnt matter unless i hold long. Thanks anyway!

[minof14]

consider yourself warned about this "new" company--

This company, American Biodiesel(abdl), has been identified on Yahoo Finance as the former IBD (Interactive Business Development)(ibvp), as a subsidiary of Amerivestors. Kurt Neubauer, David Northcutt and Aimee Cade are listed as management for Amerivestors, who now claim to have focused their entire energies on "Justice by the People" legal processing service. David Northcutt should be thoroughly researched prior to any involvment, due to his past and pending civil judgments and liens throughout the states of Texas, Florida and Tennessee(in excess of $1,000,000). This company (ibd) is in legal trouble, as can be researched on the internet by googling their name. The individuals behind this company tend to basically recreate themselves over and over again, using different names for their new companies. The latest "reinvention" is this company (American Biodiesel) which is associated with the same individuals as a company named "Planet Resources", which was a "incubator" company of Amerivestors at some point. Planet Resources sounds identical to "Sequoia Interests" (sqnc), which is apparently in the business of a biodegradable chemical formulation (same as Planet Resources, according to their own business description). In other words, you should research this thoroughly because the same individuals "pop up" again and again under a different name. It appears that when there is no activity or negative activity surrounding one, they resurface under a different name with a different agenda. Consider yourself warned.

[jimmybob]

Moving fast! .055 x.06!

[jimmybob]

News out! LOOKS GOOD!

Feb 12, 2007 09:00:23 (ET)


HOUSTON, Feb 12, 2007 (BUSINESS WIRE) -- American Biodiesel Fuels Corp. (Pink Sheets:ABDL) announced today that the company has entered into a Letter of Intent to acquire Houston-based Planet Resource Recovery, Inc. The transaction is through a share exchange agreement on a basis of one share of American Biodiesel Fuels Corp. for one share of Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is a PetroChemical/Oil Services company that has developed a proprietary, environmentally friendly chemical that dislodges hydrocarbons in practically all natural and man-made environments. The company's flagship product, PetroLuxus(TM), and its derivative product lines have a strong affinity and rapid dispersement qualities to break hydrocarbon chains on a molecular level for cost-effective remediation and recovery of petroleum products. The company's prospective markets for remediation and recovery include: oil tank farm cleaning, marine ship cleaning, oil sludge pits, contaminated soil/oil spills, biodiesel, waste oil segregation, heavy oil, tar sands, and Enhanced Oil Recovery, to name a few. Planet Resource Recovery's pilot manufacturing plant is fully operational with PetroLuxus(TM) ready for commercialization.

For an audio/visual demonstration of PetroLuxus(TM) in action, click on the link for a 3 minute video of an oil sands capture lab test. http://www.planetresource.net/test76u31b.htm .

Pending the completion of full due diligence by both entities, the transaction is anticipated to be completed during the first half of March 2007. Planet Resource Recovery, Inc. will be the surviving company.

For more information please visit www.planetresource.net or www.petroluxus.com .

"Safe Harbor" Statement: Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital.

SOURCE: Planet Resource Recovery, Inc.


Planet Resource Recovery, Inc., Houston
Enrique Salinas, 281-996-5315
[e-mail]

[minof14]

They are "formerly" Interactive Business Development (IBVP). Interesting reading on the net about them and their past business ventures. Nevada Secretary of State records show the name "American Biodiesel Fuels, Corp." was reserved by David Northcutt 6/22/2006. You may want to check him out thoroughly before investing.

[RayDaddy]

knock knock anybody home

[RayDaddy]

is this brand new? I am very interested in alternative fuels. any info would help.