Replies to post #551 on Geobio Energy (fka GBOE)

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roger_wilco, a couple of questions if you have the time

I finally started to do some DD on the company, and I‘m hoping you might be able to shed some light on a couple of things.

1. FDA APPROVAL

From your post #551: ”Eco2 Plastics has been seeking a FDA approval so that they can convert plastic recycled wastes into food grade containers. The FDA approval process is what has held up Eco2 plastics all along."

Can you tell me if the FDA approval that Eco2 announced last November is something different from the FDA approval you are speaking about here? In other words, do they now have the approval they needed?

http://www.bio-medicine.org/medicine-news-1/ECO2-Plastics--Inc--Receives-Favorable-FDA-Opinion-Letter-Approving-the-Use-of-Its-Recycled-Plastic-Flake-in-Food-Packaging-Applications-30593-1/

2. PATENTS

I find that all of Mr. De Laurentiis' patents in the iBox were assigned to Honeywell, and I believe ECO2 has an exclusive license from Honeywell for these processes.

Do you know if GBOE is going to be able to use any of this technology? I do note that the GBOE press releases speak about a “patent-pending” technology that they are planning to use, but it sounds like the non-water processes that ECO2 has licensed are the underpinning of the whole thing. Perhaps that is not correct. Could you provide any clarity on this?

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Overall, I find that Mr. De Laurentiis is well-respected, but so far I haven't been able to figure out some of these details.

Thanks very much.