"Carbolosic recently signed a development agreement with Imerys Clays, Inc., a subsidiary of Imerys Performance Minerals, to test the process at a commercial scale and assist in the process design and certification. This multimillion-dollar commitment is expected to last throughout the year and will result in a commercial design that should be ready for licensing and construction throughout the world."
"The entire process converts virtually any cellulose material (yard waste, trees, plants, pulp, fruit peels, etc.) into a fermentable sugar in less than 30 minutes through a mechanical/chemical process at an anticipated cost of less than $ 0.09 a pound, dramatically less than any other process known today."
"Alliance Media Group Holdings, Inc. (OTCQB: ALLM) (the "Company") announced today that through its subsidiary Carbolosic, LLC the Company has entered into an agreement with the United States Regional Economic Development Authority (USREDA) to provide up to $150,000,000 in debt funding for the construction of five (5) Cellulose to Sugar (CTS) plants in South Florida through the South Atlantic Regional Center (SARC)"
"The agreement calls for the construction of five (5) Carblosic plants over the next several years starting with the first plant in rural Palm Beach County. Each plant costs approximately $30,000,000 in Capital Expenses and Licensing Fees and can produce more than $112,000,000 in revenues each year, at full capacity"
"Alliance Media Group Holdings, Inc.(ALLM) (the "Company") announced today that its affiliate Carbolosic, LLC has entered into an agreement with PFL Petroleum Services, LTD to offtake all of the Industrial Grade Concentrated Cellulose Sugar Syrup the Carbolosic plants produce over the next three (3) years, once the plants are operational. "
