Advanced Recycling Sciences, Inc.

[rheddle]

I just spoke to him this afternoon and he had some interesting details of things they are doing:

1. UTEK is no longer a shareholder and ARYC are pursuing their own patents as opposed to having the exclusivity on those acquiried from the Uni of Alabama via UTEK corp. The UTEK patent connection and Uni of Alabama related to the tires2oil process.
2. The patents they are working on are for the liquid rubber technology that the Saudis invested in and also the butyl rubber for the construction industry. The patent is close to an original Goodyear patent that Goodyear did not file because it was too expensive a process. The ARYC patent is a method close to Goodyear's (they are working with one of the Goodyear former technical people) but it is more cost effective and ARYC expect it to be commercially viable. This is ongoing in the lab.
3. Within the next 3 to 4 months, the samples will be ready for submission to the rubber and tyre industry.
4. Within six months, Kieth expects the testing of the rubberised asphalt in Germany (will be five years by the time it is complete) to be complete and for projects to snowball after that.
5. The Al Riyad's have the tire recycling plant in Saudi Arabia, so have a large supply of the raw material required by ARYC's. ARYC's trial plant is in Aneheim to prove commercial viability of processes coming out of the lab. This is one of the milestones that the Al Riyad's are waiting on.
6. ARYC are working hard on getting the filings up-to-date and could do this faster with more cash.

The key for ARYC right now is money and they are trying to secure financing at the moment from the following avenues:

1. Money coming from the Al Riyad's based on milestones in May's PR
2. Private placement being worked on in the US based on the liquid rubber tech in Aneheim.
3. Private placement being worked on in Germany based on work ongoing with the rubberised asphalt test project, on the back of which ARYC's subsidiary will be able to secure projects on the Autobahn and elsewhere in Europe that will be using Germany's (11 kilometre / 7 mile) test area as a green light for projects of their own when given the go-ahead by the Germans.
4. Hedge funds are also interested apparently.

As we expected at the start, this won't be a PR a week pump and dump type play and will instead continue to be a good longer term play.

I can't add right now, but I intend on adding as I can and hope that the impatient sell me their shares ;o)

R