Cleantech Transit Inc originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
With the growth in the green sector as a whole the Company has expanded its focus to invest directly in specific projects that will maximize shareholder value. Recent advances in the technology of converting wood waste into power have so greatly enhanced the economic value of our systems we have launched the biomass division as a separate company, Phoenix Energy, to focus exclusively on generating greater returns for manufacturing clients worldwide.
Products and Services
Gasification Process
Gasification is the process in which a carbon-based, high-caloric material also known as municipal solid waste (MSW) (i.e. anything other than glass, masonry, metals and nuclear waste) goes through a thermal transformation process in an oxygen-deprived environment in which it is converted into a variety of products: an inert ash, various chemicals, synthesis gas (syngas) and is a proven technology currently deployed internationally.
Features and Benefits Include the Following: Depending on operating hours, change filters roughly once a week (15 min), change biochar separation grate once a month (30 min), top end rebuild once per year (8 hours).
Small physical dimensions: While individual setups may vary, the complete installation of a PHX-1000 requires approximately 3/4 - 1 acre.
Keeps you always up and running: Grid parallel operation - pull power from either source seamlessly. The hurricane is over in two days but the power is out for two weeks? Not with a PHX-1000! If you have biomass waste, you have power.
Quick Payback
Our global sourcing ensures best of class price and performance. Depending on renewable energy incentives in your area and your particular power needs, payback in 4 to 5 years. Improve the "green credentials" of your business by helping to: • Combat greenhouse gas emissions • Combat pollution • Improve energy security
Environmental Benefits
The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. At Phoenix Energy we are deeply committed to our customers both in reducing their costs of operation and in helping them be good corporate citizens, having a positive impact on the environment. By installing our wood waste gasification systems our customers help to:
• Reduce greenhouse gas emissions
• Reduce the amount of toxic pollutants in the atmosphere
• Save landfill space from taking up more of our landscape and Reduce groundwater contaminants
• Improve energy security and reduce dependence on foreign sources of energy
Reduce Greenhouse Gas Emissions
Using biomass power replaces the need to burn use coal to generate electricity. Additionally, the use of biomass power also reduces the need for oil to mine and deliver coal to far off power stations, thereby significantly reducing greenhouse gas emissions. Most surprisingly, using wood waste as fuel is actually more beneficial to the environment than allowing it to decompose naturally, because of the elimination of methane during combustion.
As wood starts to decompose it releases roughly equal amounts of methane (CH4) and carbon dioxide (CO2). Both of these gases belong to the group that is commonly referred to as "greenhouse gases." What is surprising about this is that, while we normally hear greenhouse gases expressed in terms of carbon dioxide, methane is a much more powerful gas that causes roughly 25 times the greenhouse impact of CO2. The gasification process virtually eliminates the amount of methane released into the air, relative to decomposition in a landfill or forest. According to the EPA, 250lbs of methane are released per thousand tons of wood while making biomass power v. 430,000lbs per thousand tons as wood rots in a landfill. This impact is summed up in a Department of Energy report: "The only effective means of eliminating CH4 emissions from the disposal of wood residues that would otherwise be buried in a landfill is to use the material as fuel."
Mr. Bosket was with Sprint for 30 years and retired from Sprint in 2004. Mr. Bosket is co-founder of JaHMa, a music company in Las Vegas, Nevada and a former board member and president of Bridge Counseling Associates, a mental health and substance abuse service company. His experience includes implementing appropriate procedures for positioning his organization's goals with successful teaming relationships, marketing and over 30 years of extensive customer service, as well as managing various departments, and being a western division facilitator working directly for a President of Sprint. Mr. Bosket has received numerous awards, such as the Pinnacle Award, for his exceptional service with his former employer combined with his community service involvements. Mr. Bosket earned a Master’s of Business Administration from the University of Phoenix and a Bachelor's of Business Administration from National University. Mr. Bosket brings to the Company extensive experience in managing employees as well as extensive marketing experience which will assist the Company in moving forward with its operations.
KLowell Holden – CFO & Director
Since 1983, Mr. Holden has owned and operating his own consulting firm, LS Enterprises, Inc., which provides business consulting, accounting and other services to businesses. Mr. Holden has a broad range of business experience including managing, securing financing, structuring of transactions, and is experienced and knowledgeable in managing relationships with customers, financing institutions and stockholders. Mr. Holden also has a background in assisting companies in fulfilling their financial auditing and SEC reporting requirements. Mr. Holden also currently serves as CFO and Chief Accounting Officer of Crown Equity Holdings Inc. (OTCBB: CRWE).
Monte Zaman – Secretary & Treasurer
Security Details
Share Structure Market Value1 $9,594,713 a/o Apr 24, 2012 Shares Outstanding 109,905,074 a/o Mar 06, 2012 Authorized Shares 600,000,000 per NV SOS Par Value 0.001
Shareholders Shareholders of Record 34 a/o Feb 14, 2012
Corporate Actions Ex. Date Record Date Pay Date Dividend (0.00) Oct 14, 2010 Oct 13, 2010 Oct 13, 2010 Dividend (0.00) Feb 19, 2008 Feb 15, 2008 Feb 15, 2008
Security Notes Capital Change=shs increased by 25 for 1 split Ex-date=02/19/2008. Rec date=02/15/2008. Pay date=02/15/2008. Capital Change=shs increased by 3 for 1 split. Ex-date=10/14/2010. Rec date=10/13/2010. Pay date=10/13/2010.
Short Selling Data Short Interest 232 (0%) Apr 13, 2012 Significant Failures to Deliver No
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