News out on EFTI: Can anyone interpet this for me? How many deals does EFTI have going right now? Thanks in advance ~1Step
TAMPA, FL--(MARKET WIRE)--Apr 18, 2006 -- U.S. Sustainable Energy Corporation ("U.S. Sustainable" or "the Company") announced today that it is investigating and conducting joint research with Nanobac Pharmaceuticals, Inc. ("Nanobac") (OTC BB:NNBP.OB - News) on a possible connection between nanobacteria, or calcifying nano-particles, and its proprietary process for the production of biofuels from various biomass feedstocks using the Company's technologies.
The Company's technologies will include the rights to the certain patents and intellectual property rights currently contained in EarthFirst Technologies, Inc. (OTC BB:EFTI.OB - News). Under EarthFirst's previously announced planned merger with Cast-Crete Corporation, EarthFirst/Cast-Crete will become the co-proponent of the Plan of Reorganization of CyberCare, Inc. ("CyberCare") (Other OTC:CYBR.PK - News). After the merger with Cast-Crete and CyberCare's emergence from reorganization, EarthFirst/Cast-Crete intend to combine the existing energy technologies with CyberCare's technology assets. The surviving entity will be known as U.S. Sustainable Energy Corporation.
Nanobac has previously announced published research that demonstrated the role nanobacteria play in the production of electricity. A fuel cell was used to enrich a microbial consortium generating electricity. Nanobacteria-like particles were present on the biofilm surface.
John Stanton, Chairman of both Nanobac and U.S. Sustainable, stated that Nanobac's continuing research with the National Aeronantics and Space Administration ("NASA") suggests potential energy, as well as healthcare, implications of nanobacteria. Our goal is to discover, or invent, and then commercialize technologies that enhance our way of life through sustainable energy development that "does no harm" to our health, or environment.
It has been substantiated that calcific diseases propagate in microgravity because nanobacteria growth in that environment is accelerated. We are specifically investigating whether or not the vacuum created in the biofuel production process might accelerate nanobacteria growth, thus enhancing biofuel productivity.
