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Alternative Energy Fund (ALTEX)
started in Nov, '07 by Firsthand Funds, a San Jose, Calif.-based mutual fund company.
stockcharts does not yet cover it.
blsh news, they bought that fuel station in houston with the line of credit...these guys are into biofuel
LLEG - Berlin, NH Planning Board Approves Subdivision of Former Mill Site Paving Way for Laidlaw Biomass Energy Plant
Laidlaw Berlin, LLC, an affiliate of Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), announced today that last evening the city of Berlin, NH Planning Board unanimously approved the subdivision of the former Fraser Paper pulp mill site, significantly boosting the prospects for Laidlaw’s proposed 65 megawatt biomass energy facility which Laidlaw intends to build at the site. The approval, which was a major condition of the closing of the acquisition of the site by Laidlaw from the seller, North American Dismantling Corp (“NADC”), paves the way for Laidlaw and NADC to imminently execute the definitive purchase agreement for the site and the assets and move forward with the transaction.
Commenting on the approval, Laidlaw President & CEO Michael B. Bartoszek stated, “We are pleased with the unanimous decision from the Berlin Planning Board as well as the significant support from the numerous residents and other interested parties that attended the meeting to support the project. We look forward to expeditiously moving forward with this transaction and the project.”
About the Berlin, NH Biomass-Energy Project
The Berlin project involves the conversion of the former Fraser Paper pulp mill site into a highly advanced biomass-to-energy project that is expected to export approximately 60 megawatts of renewable energy to the New England power grid and utilize about 750,000 tons of clean wood biomass chips per annum. The project involves a capital investment of approximately $65 million by Laidlaw and its partners and lenders and is expected to employ 40 directly and create over 500 indirect jobs. Once completed, the plant is expected to be among the largest and most environmentally advanced biomass-energy plants in North America.
About Laidlaw Energy Group
Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through the development of new facilities and acquisition of existing facilities. LLEG is headquartered in New York, New York. For more information on LLEG, please visit our website at www.NYENRG.com.
E&E Communications
Paul Knopick, 949-707-5365
pknopick@eandecommunications.com
Source: Business Wire (January 11, 2008 - 10:06 AM EST)
Check out LLEG as a clean renewable energy play (biomass energy projects)...
Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through the development of new facilities and acquisition of existing facilities. LLEG is headquartered in New York, New York. For more information on LLEG, please visit our website at www.NYENRG.com.
thanks ghost ill check it out tonight just got jhome we still celebrating the giants win,,blsh , rhymes with flush slush, ,, i like it so far thats how im picking them now if they rhyme i have a chance ,, u think will come off alot more then 0.06 ,, whats the os,,, they trade any volume,,, ,, houston hmmmmm ,,, ok now i gotta to take a look,,, dont want to get into another dilution pumping machine,, thats worst then taxation without representation,, ok im on it ghost have great night may the force be with you
I will sure do. Pls feel free to share any DD you got. Thx!
Yes Milo..Today's news is positive in every aspect for ARSC. A nice sized production facility makes a lot of sense considering the orders they have been receiving in recent days! I share some of the information that we have on the i-box here tonight.
STRONGUS, Congratulations on starting this forum. This board should be a great place for alternative fuel ideas.
At this time there's growing interest in
American Security Resources and its subsidiary companies which are developing alternative fuel devices in two important areas - hydrogen fuel cells and wind generated systems.
In their hydrogen fuel cell development they are within days of manufacturing and possibly weeks of mass producing THE most efficient and durable hydrogen fuel cell ever made that will allow the owner to supply electricity to the home during peak load hours and during off peak hours sell electricity back to the grid at margins that might pay for the unit's cost during its life time. The cost of their fuel cells looks to be within a cost range that will allow millions of home owners to purchase the units.
For those interested, ARSC's web site is at
http://www.americansecurityresources.com
milo3
strongus...don't know how hot "blsh" is though...never hurts to to check out companies...go rgno....
pizzabuster101...i've been watching "blsh" as an alt play..they are into biodiesel...they are a wholesaler right now, with 24 million in sales{?} already...they have loi to buy a truckstop in houston...looks like they are intent on becoming synergistic top to bottom..lol...have got a line of credit to do the buying with so maybe no dilution{?} am going to wait this time for the news to hit before buying...found it at .17 went to .24 now @ .06 still watching
**** NEWS OUT****ARSC****
Press Release Source: American Security Resources Corporation
ARSC Acquires Building for American Hydrogen Corp. Development of Ammonia-to-Hydrogen Technology
Monday January 14, 11:20 am ET
HOUSTON--(BUSINESS WIRE)--American Security Resources Corp. (OTCBB:ARSC - News) announced today that it has entered into a lease-purchase agreement on a new industrial facility for the primary use of its subsidiary, American Hydrogen Corp. The new 31,600 square foot building is being acquired from the Meigs County Community Improvement Corporation (www.meigscountyohio.com/spec_building.htm) with a lease-purchase funded by a low interest State of Ohio loan. Meigs County, Ohio is contiguous to Athens County where AHC offices at Ohio University (www.ohio.edu).
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Benjamin Schafer, president of American Hydrogen and CTO of Hydra Fuel Cell, said, “This building gives us the space we need to develop our processes for the large industrial applications we have identified. We will also be assembling and doing systems integration of HydraStax® fuel cells and ACE (ammonia-catalytic-electrolyzer) units.”
Bob Farr, President and COO of ARSC, said, “In addition to this being a terrific deal for us, it gives us more that enough space for American Hydrogen’s needs, room for fuel cell assembly for Hydra and eventually we may even have a wind turbine assembly line here.”
“We are happy to welcome American Security Resources and this exciting technology to our community,” said Paul Reed, President of the Meigs County Community Improvement Corporation. Mick Davenport, President of the Meigs County Board of Commissioners, added, “American Hydrogen will be a wonderful asset to this region and to the entire State of Ohio.”
American Security Resources Corporation
ARSC is a holding company actively seeking to acquire and develop clean energy companies and technologies. ARSC’s Hydra Fuel Cell subsidiary has developed a high volume, mass producible hydrogen fuel cell. Its American Hydrogen Corp. subsidiary is commercializing an inexpensive method to produce hydrogen from ammonia. ARSC’s newly formed American Wind Power Corp. will be developing residential and small commercial vertical axis wind turbines. For more information, please see: www.americansecurityresources.com.
ARSC is a component of the Ludlow Energy SmallCap Index www.ludlowcapital.com/indices.
how about ussu, first good pump of the new year looks like they could get a little ride in next few weeks,,,,, good luck and god bless
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