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Forget China:
There are approximately 3.5 million professional truck drivers in the United States
http://truck-driver-salary.org/how-many-truck-drivers-are-there-in-the-united-states/
There are about 5.6 million semi trailers (or tractor trailers) registered for use in the U.S., almost three times the number of semi trucks (that's 1.8 million trucks).
http://www.popularmechanics.com/cars/news/pictures/10-things-you-didnt-know-about-semi-trucks#slide-1
Tuesday, March 4, 2014 8:00 AM ET
COATES INTERNATIONAL, LTD. is in discussions with a number of American heavy truck fleet companies with possible interest in COATES heavy truck CSRV Retrofit Systems.
The Company has already designed and built the COATES CSRV® Retrofit System for certain 18-wheeler heavy duty trucks. Licenses for this application are available to suitable dealerships and other qualified truck engine servicers. The CSRV® system could meet President Obama’s recently announced objectives for new lower emission standards and reduced fuel consumption. Furthermore, the CSRV® system can be adapted to enable the truck engines to operate on alternative fuels and mixtures of fuels.
Phase II of our hydrogen reactor project is progressing well. The second test will take place within approximately two weeks. We have many energy companies interested in this project and a number of new patents will be applied for soon. Only water and/or sea water is needed as the fuel source, which is split into a form of hydrogen gas. The hydrogen gas maybe converted into liquid forms by adding other elements to the mix to produce fuel suitable for other applications.
The Chinese transaction is still progressing. Mr. James Pang is in China negotiating this terms as our representative. A few things that are slowing down the process include: bad weather, the Chinese New Year, and the fact that different regions of China speak different Chinese dialects, complicating translation and communications.
COATES INTERNATIONAL, LTD. Open House meetings had a good two day turnout. Engines and Gen-Sets were demonstrated, including the COATES Hydrogen Reactor. A number of our original investors and stockholders are now involved in assisting the Company to raise new working capital to commence production here in the USA. We welcome their assistance.
There are a number of transactions pending here in the USA for our company and we are diligently working on all of them.
Mr. George Coates our President and CEO comments: The COATES CSRV® Retrofit Systems for heavy duty trucks could answer President Obama’s executive order to lower fuel consumption and reduce harmful emissions from heavy truck engines. We believe this is only possible with incorporating the COATES CSRV® system by retrofitting these trucks. There is no other alternative to achieve his objective for new tough standards to reduce fuel consumption and emissions. To achieve this you must raise engine compression ratios from 14-1 up to 20-1 and increase volumetric efficiency by at least 50% and enable the use of alternative fuel mixtures such as natural gas, CNG-LNG, liquid hydrogen, diesel, and combinations of these fuels. Here at COATES INTERNATIONAL, LTD. we already have these systems in operation. When we retrofit our CSRV® systems to these engines, we eliminate 2,600 moving parts and components from the engine and replace them with only two moving CSRV® shafts that do not require engine oil. Oil change intervals maybe extended to over 50,000 miles. No servicing or maintenance to the COATES CSRV® Retrofit System is required.
There can be no assurance made that the Company will be successful in any of its endeavors.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Our public filings with the SEC may be viewed and printed from the website maintained by the SEC at http://www.sec.gov.
http://www.coatesengine.com/press-releases.html
'nough said, go COTE
Google Trends for HEMP:
Just messin' around, but it sure looks promising as a long:
http://www.google.com/trends/explore#q=hemp%2C%20farm%20bill%2C%20hemp%20stock&date=today%2012-m&cmpt=q
Notice that "hemp stock" searches are up +450%
.024 weekend close?
The Hemp/Marijuana market generally consolidated today. Hopefully everyone who wanted to make money off of the craziness of this week did, and we start this all over again after the Farm Bill goes into effect. Good job on releasing the Hemp to Biofuel PR, good stuff.
Easily hit more volume than yesterday...
Some Hemp fuel facts for the day:
-Farming 6% of the continental U.S. acreage with biomass crops would provide all of America's energy needs.
-Hemp is Earth's number-one biomass resource; it is capable of producing 10 tons per acre in four months.
-Biomass can be converted to methane, methanol, or gasoline at a cost comparable to petroleum, and hemp is much better for the environment. Pyrolysis (charcoalizing), or biochemical composting are two methods of turning hemp into fuel.
-Hemp can produce 10 times more methanol than corn.
-Hemp fuel burns clean. Petroleum causes acid rain due to sulfur pollution.
-The use of hemp fuel does not contribute to global warming.
http://www.hempcar.org/hempfacts.shtml
http://www.jackherer.com/
I'll mark that! I'm blown away at what a good idea Extreme Biodiesel had and when they had it. Cheers!
only a hint: _____ to Biofuel.
I can guess which one :)
Crazy how a smart trade in 20 minutes can be a better move than 6 months combined. Good work. Nerves of steel.
Wow these guys are timely! New Hemp to biofuel unit right before the Farm Bill and a PR to boot? Excellent!
Second. The ticker is X T R M ! And honestly, Hemp for fuel just seems too smart for this world. We'll see!
The Farm Bill is about to be LAW. Guaranteed!
http://msutoday.msu.edu/news/2014/president-obama-to-sign-farm-bill-at-msu-on-friday/
Be in before that happens!
Remember that you own what others want. Don't let them have your shares, don't get ripped off!
Read "The Golden Gate Smuggling Company" by Brett Douglas if you have questions about Bruce Perlowin. Serving your time and then starting a legit business in the same field is absolutely of no concern to me, I think it's great actually.
:)
The feasibility of converting Cannabis sativa L. oil into biodiesel
http://biodiesel.engr.uconn.edu/research.html
Hemp Produces Viable Biodiesel, UConn Study Finds
News by Topic: Environment, Research, Science & Technology
By: Christine Buckley
Of all the various uses for Cannabis plants, add another, “green” one to the mix.
Researchers at UConn have found that the fiber crop Cannabis sativa, known as industrial hemp, has properties that make it viable and even attractive as a raw material, or feedstock, for producing biodiesel – sustainable diesel fuel made from renewable plant sources.
The plant’s ability to grow in infertile soils also reduces the need to grow it on primary croplands, which can then be reserved for growing food, says Richard Parnas, a professor of chemical, materials, and biomolecular engineering who led the study.
“For sustainable fuels, often it comes down to a question of food versus fuel,” says Parnas, noting that major current biodiesel plants include food crops such as soybeans, olives, peanuts, and rapeseed. “It’s equally important to make fuel from plants that are not food, but also won’t need the high-quality land.”
Industrial hemp is grown across the world, in many parts of Europe and Asia. Fiber from the plant’s stalk is strong, and until the development of synthetic fibers in the 1950s, it was a premier product used worldwide in making rope and clothing.
Today, there are still parts of the world that rely on Cannabis stalks as a primary fiber, mainly because of its ability to grow “like a weed,” without requiring lots of water, fertilizers, or high-grade inputs to flourish. But the seeds, which house the plant’s natural oils, are often discarded. Parnas points out that this apparent waste product could be put to good use by turning it into fuel.
Hemp plant.
“If someone is already growing hemp,” he says, “they might be able to produce enough fuel to power their whole farm with the oil from the seeds they produce.” The fact that a hemp industry already exists, he continues, means that a hemp biodiesel industry would need little additional investment.
With his graduate student Si-Yu Li and colleagues James Stuart of the Department of Chemistry and Yi Li of the Department of Plant Sciences, Parnas used virgin hemp seed oil to create biodiesel using a standardized process called transesterification. The group then tested the fuel for a suite of characteristics in the Biofuels Testing Laboratory at UConn’s Center for Environmental Science and Engineering.
The hemp biodiesel showed a high efficiency of conversion – 97 percent of the hemp oil was converted to biodiesel – and it passed all the laboratory’s tests, even showing properties that suggest it could be used at lower temperatures than any biodiesel currently on the market.
Although growing hemp is not legal in the U.S., Parnas hopes that the team’s results will help to spur hemp biodiesel production in other parts of the world. UConn holds a patent on a biodiesel reactor system that could be customized to make biodiesel from a range of sustainable inputs, hemp included.
“Our research data could make buying a reactor system with our technology more attractive,” says Parnas. “If we have data for the production of many different feedstocks, we can tailor the system to meet the company’s needs.”
Parnas, Yi Li, and colleagues Steven Suib of the Department of Chemistry, Fred Carstensen of the Department of Economics, and Harrison Yang of the Department of Natural Resources and the Environment are preparing to build a pilot biodiesel production facility using a two-year, $1.8 million grant from the Department of Energy.
The reactor will be capable of producing up to 200,000 gallons of biodiesel per year, and while this production rate is small in comparison to commercial biodiesel reactors, the main use of the facility will be to test new ways to produce biodiesel, including catalysts and feedstocks. Ultimately, the team will perform economic analyses on commercializing their methods.
As for other industries that utilize Cannabis plants, Parnas makes a clear distinction between industrial hemp, which contains less than 1 percent psychoactive chemicals in its flowers, and some of its cousins, which contain up to 22 percent.
“This stuff,” he points out, “won’t get you high.”
Hemp Energy: Sounds like a joke, but it's not!
http://auto.howstuffworks.com/fuel-efficiency/biofuels/hemp-energy.htm
Among the many uses of hemp: food, textiles, paper and even fuel.
We’re still a ways from a hemp-powered car, but industrial hemp has made a number of headlines in past years, especially as an alternative energy source, as people have begun to take a closer look at the low tetrahydrocannabinol strains of Cannabis sativa. Universities have studied the plant, politicians have explored the subject and at least one government has dived head on.
First, a bit of background on hemp and its biofuel qualities. In a blog post for The Guardian about alternative fuels, Giulio Sica explains the qualities that make hemp a good energy source:
[Hemp] has been successfully used for many years to create bioethanol and biodiesel, is environmentally friendlier to produce than sugar beet, palm oil, corn or any of the crops mentioned in the report and can grow in practically any temperate to hot climate leaving the ground in better condition than when it was planted.
Growing hemp is easier than many other plants. The plant is efficient, bred to improve quality, yield, stress tolerance and decreased cost per ton. Furthermore, hemp grows quickly while also requiring less energy and fertilizer, and doesn’t require chemicals after planting. It can even help the farm by breaking the disease cycle of other crops. Sica considers it "a perfect crop to offset the carbon currently produced by fossil fuels."
Cannabis seeds, often discarded, contain the plant’s oils that can be turned into fuel. At the University of Connecticut, researchers found industrial hemp to contain viable qualities for producing biodiesel. Hemp biodiesel produced by graduate students at the school had a 97 percent conversion efficiency. It will be interesting to see the university’s role in this alternative fuel source, since it owns a patent on a biodiesel reactor system that can make fuel out of various inputs, including hemp.
Why aren’t we driving hemp-powered cars then? Well, sounds like they’re at least working on it. Sica explains:
As far as research and implementation of hemp for biofuel, the US is way ahead of Europe and there are a range of websites dedicated to the use of hemp as a fuel for cars.
Maybe you should inform yourself as to the wonders of Hemp. Here's a start:
http://auto.howstuffworks.com/fuel-efficiency/biofuels/hemp-energy.htm
Wowzer. Greetings all. Got xtrm this morn'. Biofuel + Hemp = No-Brainer!
Holding mine.
Out of ammo. Damn...
ntek why are you staining my green greens red? Bounce coming!
VOLUME. It's going to get crazy in here for the third day in a row!
Precisely, got a bunch myself.
Shakedown before the vote of course!
you mean "smart" hands...
No-one's getting mine for a long time...
.28 hod broken, that is support now...
Looks like...
Nothing.
Senate Voting on the Farm Bill TOMORROW:
http://kios.org/post/senator-mike-johanns-favor-new-farm-bill
6:06 am Mon February 3, 2014
Despite the fact it’s not the exact bill he would’ve drafted, Senator Mike Johanns says the new farm bill looks better than what the Senate has seen so far.
Johanns says the bill takes steps toward reducing government spending.
He says the farm bill is a product of hard-fought compromise and passed the house by a comfortable margin last week.
Johanns says the 5-year bill has merit has brings farmers and ranchers one step closer to much needed updates to farm policy.
"The bill does provide much needed risk management tools for farmers and ranchers. The bill does end direct payments that producers tell me they can live without and I have no disagreement with that. It strengthens crop insurance programs which has been a very successful model in our state.”
The Senate is scheduled to vote on the farm bill tomorrow and Johanns says he is leaning toward supporting it. Johanns comments came during his weekly conference call with Nebraska media.
Having the right ticker would help
So much volume it's like a light show!
This is what I thought 2 or 3 years ago, when it was at .30. GOOD LUCK
Wait, isn't it already 2014? Weren't we told that the WHE would already be commercialized? Ready for prototypes by 2014 and one engine is going out. Just one...
Thanks Niko,
You helped make it happen with that L2 post! Slid in right above that bigger .1261. Thanks!
thanks for the .126 shares!