Some DD Our Sun - burns 700 million tons of hydrogen in every second, in the process, 5 million tons of pure energy is released.
In 2005, about 50 million tons of hydrogen were produced globally. The economic value of all hydrogen produced is about $135 billion per year. There are two primary uses for hydrogen today. About half is used to produce ammonia (NH3) via the Haber process, which is then primarily used directly or indirectly as fertilizer. The other half of current hydrogen production is used to convert heavy petroleum sources into lighter fractions suitable for use as fuels. Now imagine the dollar values of hydrogen economy if hydrogen replaces oil as the main energy.
More about hydrogen - misconceptions, myths, and the reality:
Most economists and scientists agree that hydrogen will progressively replace oil in the economy of the future. Unfortunately, the biggest issue is the cost to produce it. In most cases, you need consume energy (electricity) to produce hydrogen. The cost of generating hydrogen from clean, renewable electricity is initially in the range of $4.00-5.00 per equivalent gallon of gasoline, it is still more expensive than gasoline.
Currently, hydrogen production is 48% from natural gas, 30% from oil, 18% from coal, and 4% from water electrolysis.
THE ULTIMATE SOLUTION
NanoLogix, formerly Infectech, Inc., is a biotechnology company founded in 1989 for the development of diagnostic kits for infectious human diseases, microbial remediation of toxic materials, and now the development and commercialization of biological-based technologies for the production of alternative sources of fuel, namely hydrogen.
Through the combination of biotechnology and nanotechnology, NNLX is the first company owns a commercially available patented technology to massively produce hydrogen at the least cost without consuming any other kind of energy.
NanoLogix methodology for hydrogen generation is being developed for the limitless production of hydrogen from organic waste and wastewaters. Once fully proven at the large scale Welch production facility, this has the potentiality for solving the world energy crisis from any waste organic byproduct, including sewage, and agricultural and food manufacturing waste. The Welch facility finished contruction and is beginning to generat hydrogen at early April.
Last year NanoLogix announced the results of a study that confirmed laboratory proof that its bioreactor system generates hydrogen in high yields via the use and adaptation of its intellectual property. In this study, the bioreactor produced biogas consisting of 50% hydrogen by volume, without any trace of methane, which eliminates an additional costly step.
Bioreactor is essentially a high-tech fermentation vessel in which microorganisms carry out a biological reaction. In this case production of a hydrogen-rich biogas. The bacterial reaction is self propagating, as the number of bacterias doubles every 24 minutes.
After last year's study results were revealed, the Company signed a feasibility study with the Department of Environmental Science and Engineering of Gannon University in Erie, PA to develop a bioreactor that utilizes NanoLogix's intellectual assets. The project team compromises a distinguished cohort of scientists and university professors who share a common vision.
In July of last year NanoLogix signed an agreement to generate hydrogen from a scale-up bioreactor system installed at Mobilia Fruit Farms in rural Pennsylvania utilizing waste organic matter from the farm Arrowhead Wines unit.
An even bigger scale-up agreement, to install a hydrogen generation system using Welch Food's waste organic matter, followed shortly, the bioreactor is starting to operate as of early April 2008. Welch, of course, is the world's leading producer of grape and other fruit-based food products, giving NanoLogix virtually unlimited scale-up access to the waste-organics.
***** There are already a number of major players are interested the technology, such as BP and Northern Power. *****
***** Bulletin Board application: the financial audit is being completed and it's anticipated that the stock should be traded on OTC BB soon. *****
More info about how Nanologix got into hydrogen and their technology vs traditional technologies to extract hydrogen from a 3rd party report:
Out of a total of 11 patents in existence worldwide covering the production of hydrogen using the clostridia bacteria, NNLX owns 5 of them and has another 22 provisional patents filed covering unique system know-how and features. The newly joined Microbiogist Dr. Sergey Gazenko owns another three patents himself.
********************* OS AND FLOAT *********************
As of 04/18/2006:
48 million shares outstanding and approximitely 20 million shares float.
Dr. Sergey Gazenko is an internationally respected Microbiologist, he owns three patents in this field. He will assist in investigating its experimental parameters in order to maximize its efficiency. more on Dr. Gazenko: http://www.mibitec.com/docs/NW-5%20(4).doc
John S. Wisniewski joined Company's Board of Directors. Mr. Wisniewski brings considerable expertise and guidance to NanoLogix in the implementation of international growth initiatives and technology commercialization in addition to lending his longstanding strategic and international business relationships to better the Company's competitive and marketing position of its nanotechnologies, more specifically its medical diagnostic products and hydrogen generation system technologies.
The Company has completed the construction of its first commercial hydrogen bioreactor facility at a Welch's Food plant in North East, Pennsylvania. The company also announced that the facility will begin hydrogen generation from Welch's waste organic matter on or about the first of April 2006.