Saturday, December 22, 2007 8:36:22 PM
SLRE 10Q filed 12/19/07
AS: 50,000,000
OS: 21,823,309 (09/30/07) 2 mil dilution in 9mo
OS: 19,873,309 (12/31/06)
1:10 RS july 2001
Cash:
$584,735 (09/30/07)
$203,912 (12/31/06)
Revenues: 0
Expenses:
General and administrative
$1,253,332 (3mo ending 09/30/07)
$2,467,172 (9mo ending 09/30/07)
$7,208,623 (since 1994)
Issued stock for cash:
$2,417,264 (9mo ending 09/30/07)
$1,401,556 (9mo ending 09/30/06)
$6,064,733 (since 1994)
http://sec.gov/cgi-bin/browse-edgar?company=&CIK=0001058322&action=getcompany
The Financial Industry Regulatory Authority (“FINRA”) in a letter dated November 20, 2007, notified Planktos that pursuant to NASD Rule 6530(e), it had been delinquent in its reporting obligations under the Securities Exchange Act of 1934 three times during the past 24 months. As a result, Planktos was deemed ineligible for trading on the Over-the-Counter Bulletin Board (the “OTCBB”) for a period of 12 months beginning November 29, 2007. Planktos requested a hearing with FINRA to appeal the determination of delinquency which was held on December 13, 2007. On December 17, 2007, Planktos was advised that its securities would no longer be quoted on the OTCBB as of the open of business on December 19, 2007.
Planktos intends to comply in a timely manner with all Commission reporting obligations over the next 12 months in order to be eligible to reapply for quotation on the OTCBB. During this period Planktos will be quoted on the Pink Sheets LLC.
Description of Business
The Company is a research and development incubator of (a) cost-effective renewable energy sources that do not threaten the environment, and (b) practical solutions to mitigate the effects of traditional energy sources’ unintended consequences concerning global climate change. Since 1997 the Company has focused on innovative solutions for global issues related to water, energy and pollution. Our primary focus was on the development of renewable energy sources that could compete with traditional energy sources. Operations were concentrated on research and development activities involving the utilization of solar and water energy, in addition to increasing engine efficiencies. However, despite the Company’s efforts, we were unable to bring to market any commercial application of this work.
Over the last two years, the Company has concentrated on furthering the science connected to the operations of Planktos, Inc. (“Planktos”) and D2Fusion, Inc. (“D2Fusion”) both of which are involved in developing pioneering technologies. Planktos intends to sequester CO2 from the earth’s marine environment using an “iron fertilization” process and from the growth of new forests. These efforts at sequestration are intended to generate commercial quantities of verifiable carbon credits to meet global requirements made part of international agreements such as the Kyoto Protocol. D2Fusion is developing a mechanism to provide limitless renewable energy through proprietary solid-state fusion, more commonly known as “cold-fusion” aimed at entry level heat and energy applications for homes and industry.
On August 9, 2007, the Company transferred our 100% ownership of Planktos to Planktos Corp. in exchange for 45,000,000 shares of Planktos Corp.’s common stock pursuant to the terms of a securities and exchange agreement and plan of exchange executed on January 12, 2007. The transaction caused us to acquire a controlling interest (53.78%) in the outstanding common shares of Planktos Corp. Since the shares issued in the acquisition changed control of the Planktos Corp., the Company has elected to consolidate Planktos Corp. for financial reporting purposes.
On May 31, 2007, the Company entered into a securities exchange agreement and plan of exchange with Enwin Resources, Inc. (“Enwin”) pursuant to which agreement the Company intends to transfer our 100% ownership of D2Fusion to Enwin in exchange for an aggregate of 30,000,000 shares of Enwin’s common stock, and the fulfillment of certain conditions on or before closing. Those conditions include that Enwin (a) make available working capital of no less than $2,000,000 to D2Fusion on or before the acquisition is completed, (b) cancel 30,000,000 shares of Enwin’s issued and outstanding common share capital on or before the acquisition is completed, and (c) obtain shareholder approval of the transaction. The transaction is pending subject to the fulfillment of these certain conditions.
Forests of the Ocean
Plankton in our oceans is well documented in its utilization of photosynthesis to absorb CO2. Planktos’ near-term commercial objective is to produce CER credits at a cost of less than $1 per ton utilizing proprietary technology designed to stimulate plankton growth in the world’s oceans as a means by which to sequester (isolate from the atmosphere) CO2.
Specifically, Planktos expects to implement its program of sequestration by “iron fertilization” of the ocean, restoring this micronutrient that is vital for ocean plant growth and photosynthesis which is now scarce in marine waters. The iron is similar to that nature has delivered to sustain the oceans throughout history, but that has been on the decline for thirty years owing to changes in land use. The fertilization process is intended to trigger vast plankton blooms which will absorb the carbon in CO2, 30-40% of which sinks deep enough to be verified as sequestered.
Planktos’ initial calculations have determined that the introduction of one ton of iron results in the biological fixation of up to 100,000 tons of CO2. Moreover, this process has three additional benefits that help to restore ecosystems of the open ocean:
§ Support and restore diminished fish populations (additional plankton means more food)
§ Adds to global O2 levels (more plankton results in more oxygen as some 60% of the earth’s O2 is produced by plankton)
§ Preserves coral reefs by reducing the acidity of the oceans.
Our research vessel, the Weatherbird II, is equipped with state of the art research equipment which is available to us from a leading ocean research technology group that routinely equips US research vessels. The ship is fully equipped to embark on ocean ecorestoration and other science missions.
Over the coming years, work aboard the Weatherbird II will provide the critical data and knowledge required by project development documents and methodologies, which is expected to lead to verifiable certifiable climate change projects among those nations who are signatories to the Kyoto Accord. Beginning in 2008, the public will be able to follow the progress of the Weatherbird II’s research via web casts and regular updates on Planktos’ website.
The process of stimulating plankton growth and Planktos’ overall mission can be viewed at Planktos’ website: www.planktosinc.com .
Forests of the Land
A tree is composed of about 50% carbon which is produced by removing CO2 from the air through photosynthesis. KlimaFa is dedicated to afforestation and reforestation projects in Europe and the Americas. Studies are now underway to develop an ecologically sound indigenous species mix and planting model of flora to maximize wildlife habitat and biodiversity in the respective regions. KlimaFa is currently involved in several government-assisted carbon forest projects in Hungary that intend to restore native mixed growth forests in national parks and then afforest vast tracts of retired agricultural lands.
The Kyoto Protocol recognizes a variety of mechanisms to reduce atmospheric CO2 and other greenhouse gases, and has approved carbon sequestration from new forests. The development of forests ultimately produces valuable carbon credits. KlimaFa estimates that carbon credits produced in this manner will cost approximately $4.00 per ton. KlimaFa’s target is to plant up to 100,000 hectares over the next 24 months.
KlimaFa’s first project is near the Bukk National Park in northeastern Hungary. The area is a large tract of environmentally degraded, abandoned land, one of many in former Eastern bloc countries. The land was originally called Forest Island, cleared in the Middle Ages for farming and currently overgrown with weeds. As a forest grows to replace this wasteland, we expect to absorb 10 times the carbon that is currently absorbed.
The science and news surrounding eco-restoration can be viewed on KlimaFa’s website: www.klimafa.com
3 years...
6 months...
http://www.solarenergylimited.com
Phone: (604)669-4771
E-mail: info@SolarEnergyLimited.com
/s/ Andrew Wallace
Andrew Wallace
Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer
AS: 50,000,000
OS: 21,823,309 (09/30/07) 2 mil dilution in 9mo
OS: 19,873,309 (12/31/06)
1:10 RS july 2001
Cash:
$584,735 (09/30/07)
$203,912 (12/31/06)
Revenues: 0
Expenses:
General and administrative
$1,253,332 (3mo ending 09/30/07)
$2,467,172 (9mo ending 09/30/07)
$7,208,623 (since 1994)
Issued stock for cash:
$2,417,264 (9mo ending 09/30/07)
$1,401,556 (9mo ending 09/30/06)
$6,064,733 (since 1994)
http://sec.gov/cgi-bin/browse-edgar?company=&CIK=0001058322&action=getcompany
The Financial Industry Regulatory Authority (“FINRA”) in a letter dated November 20, 2007, notified Planktos that pursuant to NASD Rule 6530(e), it had been delinquent in its reporting obligations under the Securities Exchange Act of 1934 three times during the past 24 months. As a result, Planktos was deemed ineligible for trading on the Over-the-Counter Bulletin Board (the “OTCBB”) for a period of 12 months beginning November 29, 2007. Planktos requested a hearing with FINRA to appeal the determination of delinquency which was held on December 13, 2007. On December 17, 2007, Planktos was advised that its securities would no longer be quoted on the OTCBB as of the open of business on December 19, 2007.
Planktos intends to comply in a timely manner with all Commission reporting obligations over the next 12 months in order to be eligible to reapply for quotation on the OTCBB. During this period Planktos will be quoted on the Pink Sheets LLC.
Description of Business
The Company is a research and development incubator of (a) cost-effective renewable energy sources that do not threaten the environment, and (b) practical solutions to mitigate the effects of traditional energy sources’ unintended consequences concerning global climate change. Since 1997 the Company has focused on innovative solutions for global issues related to water, energy and pollution. Our primary focus was on the development of renewable energy sources that could compete with traditional energy sources. Operations were concentrated on research and development activities involving the utilization of solar and water energy, in addition to increasing engine efficiencies. However, despite the Company’s efforts, we were unable to bring to market any commercial application of this work.
Over the last two years, the Company has concentrated on furthering the science connected to the operations of Planktos, Inc. (“Planktos”) and D2Fusion, Inc. (“D2Fusion”) both of which are involved in developing pioneering technologies. Planktos intends to sequester CO2 from the earth’s marine environment using an “iron fertilization” process and from the growth of new forests. These efforts at sequestration are intended to generate commercial quantities of verifiable carbon credits to meet global requirements made part of international agreements such as the Kyoto Protocol. D2Fusion is developing a mechanism to provide limitless renewable energy through proprietary solid-state fusion, more commonly known as “cold-fusion” aimed at entry level heat and energy applications for homes and industry.
On August 9, 2007, the Company transferred our 100% ownership of Planktos to Planktos Corp. in exchange for 45,000,000 shares of Planktos Corp.’s common stock pursuant to the terms of a securities and exchange agreement and plan of exchange executed on January 12, 2007. The transaction caused us to acquire a controlling interest (53.78%) in the outstanding common shares of Planktos Corp. Since the shares issued in the acquisition changed control of the Planktos Corp., the Company has elected to consolidate Planktos Corp. for financial reporting purposes.
On May 31, 2007, the Company entered into a securities exchange agreement and plan of exchange with Enwin Resources, Inc. (“Enwin”) pursuant to which agreement the Company intends to transfer our 100% ownership of D2Fusion to Enwin in exchange for an aggregate of 30,000,000 shares of Enwin’s common stock, and the fulfillment of certain conditions on or before closing. Those conditions include that Enwin (a) make available working capital of no less than $2,000,000 to D2Fusion on or before the acquisition is completed, (b) cancel 30,000,000 shares of Enwin’s issued and outstanding common share capital on or before the acquisition is completed, and (c) obtain shareholder approval of the transaction. The transaction is pending subject to the fulfillment of these certain conditions.
Forests of the Ocean
Plankton in our oceans is well documented in its utilization of photosynthesis to absorb CO2. Planktos’ near-term commercial objective is to produce CER credits at a cost of less than $1 per ton utilizing proprietary technology designed to stimulate plankton growth in the world’s oceans as a means by which to sequester (isolate from the atmosphere) CO2.
Specifically, Planktos expects to implement its program of sequestration by “iron fertilization” of the ocean, restoring this micronutrient that is vital for ocean plant growth and photosynthesis which is now scarce in marine waters. The iron is similar to that nature has delivered to sustain the oceans throughout history, but that has been on the decline for thirty years owing to changes in land use. The fertilization process is intended to trigger vast plankton blooms which will absorb the carbon in CO2, 30-40% of which sinks deep enough to be verified as sequestered.
Planktos’ initial calculations have determined that the introduction of one ton of iron results in the biological fixation of up to 100,000 tons of CO2. Moreover, this process has three additional benefits that help to restore ecosystems of the open ocean:
§ Support and restore diminished fish populations (additional plankton means more food)
§ Adds to global O2 levels (more plankton results in more oxygen as some 60% of the earth’s O2 is produced by plankton)
§ Preserves coral reefs by reducing the acidity of the oceans.
Our research vessel, the Weatherbird II, is equipped with state of the art research equipment which is available to us from a leading ocean research technology group that routinely equips US research vessels. The ship is fully equipped to embark on ocean ecorestoration and other science missions.
Over the coming years, work aboard the Weatherbird II will provide the critical data and knowledge required by project development documents and methodologies, which is expected to lead to verifiable certifiable climate change projects among those nations who are signatories to the Kyoto Accord. Beginning in 2008, the public will be able to follow the progress of the Weatherbird II’s research via web casts and regular updates on Planktos’ website.
The process of stimulating plankton growth and Planktos’ overall mission can be viewed at Planktos’ website: www.planktosinc.com .
Forests of the Land
A tree is composed of about 50% carbon which is produced by removing CO2 from the air through photosynthesis. KlimaFa is dedicated to afforestation and reforestation projects in Europe and the Americas. Studies are now underway to develop an ecologically sound indigenous species mix and planting model of flora to maximize wildlife habitat and biodiversity in the respective regions. KlimaFa is currently involved in several government-assisted carbon forest projects in Hungary that intend to restore native mixed growth forests in national parks and then afforest vast tracts of retired agricultural lands.
The Kyoto Protocol recognizes a variety of mechanisms to reduce atmospheric CO2 and other greenhouse gases, and has approved carbon sequestration from new forests. The development of forests ultimately produces valuable carbon credits. KlimaFa estimates that carbon credits produced in this manner will cost approximately $4.00 per ton. KlimaFa’s target is to plant up to 100,000 hectares over the next 24 months.
KlimaFa’s first project is near the Bukk National Park in northeastern Hungary. The area is a large tract of environmentally degraded, abandoned land, one of many in former Eastern bloc countries. The land was originally called Forest Island, cleared in the Middle Ages for farming and currently overgrown with weeds. As a forest grows to replace this wasteland, we expect to absorb 10 times the carbon that is currently absorbed.
The science and news surrounding eco-restoration can be viewed on KlimaFa’s website: www.klimafa.com
3 years...
6 months...
http://www.solarenergylimited.com
Phone: (604)669-4771
E-mail: info@SolarEnergyLimited.com
/s/ Andrew Wallace
Andrew Wallace
Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer
Solar Stocks #board-11148
Peak Oil #board-6609
Coal #board-2809
Real Estate Bubble #board-7285
Lender Implosion #board-10076
HomeBuilders #board-1680
Your Economy #board-1948
Global Warming #board-11877
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