Redwood was also involved with Rivera of USSE / SSTP:
(USSE is now ZEON)
IR: Talk to Jens at (415) 884-0348 .....btw, his name is pronounced 'hens', and he's more than happy to talk to any investors, it's his job after all........ z
LOTS of people talked with JR. YOU can talk to him if you want....his number is right there on their web page. You can also talk to Jens at the IR outfit......JR might have let the beans spill a bit much, but he's an inventor not a stock savvy CEO....lol........z
A Message to EarthFirst Shareholders Monday February 12, 11:29 am ET
TAMPA, Fla.--(BUSINESS WIRE)--The following is a message to EarthFirst Shareholders: On December 15, 2006 EarthFirst Technologies, Inc. ("EarthFirst", or "the Company") (OTCBB:EFTI - News) announced that it had canceled its planned 60-1 reverse stock split because of progress in the development of its technologies. We chose not to communicate this information prematurely, piecemeal or to allow the rumor mill to overtake corporate communications.
Since then, your executive team has made significant progress in proving the technologies in which we have invested so heavily and that we believe will ultimately bring value to our shareholders. Because value realization involves negotiations with recognizable industry leaders it is essential that we not breach the spirit of these negotiations until contracts are concluded. I am going to summarize where we are today. In the coming days, details and contracts will be announced.
Scientifically, there is no longer a question about global warnings' impact on our world and our lives. Governments are and will continue to require further reductions in carbon dioxide and other lethal greenhouse gas emissions. The United States Environmental Protection Agency recently announced rules to reduce toxic emissions of benzene and other pollutants from vehicles by 80%. The United States government is also establishing a program of carbon credits, monetizing benefits that green companies generate. Replacing petroleum diesel is a number one priority.
Mandates to reduce carbon dioxide and other harmful fossil fuel emissions are environmental necessities that your Company recognized years ago when it made the decision to invest in and develop our core technologies that include alternative fuels, waste-to-energy, and waste disposal.
You will soon hear more about our biodiesel initiative. We have sold more than 1,000,000 gallons of palm oil based biodiesel (trade named "SolarDiesel"). Diesel emissions put billions of tons of carbon dioxide, carcinogenic PAH/benzene chain pollutants and other volatile organic compounds (VOC's) into the atmosphere. Diesel particulate filters required on new diesel vehicles are good, but will barely make a dent in diesel emissions in the next decade. However, just one heavy diesel truck running on a 20% SolarDiesel blend could eliminate approximately 100,000 pounds of carbon dioxide emissions per year. SolarDiesel's customers are not insignificant. Royal Caribbean, after testing our fuel with GE oversight and consent, burned hundreds of thousands of gallons in their cruise ship turbines. Our fuel runs ground vehicles at Cape Canaveral. Caterpillar has approved it for use at all blend levels in their diesel engines. Global Petroleum has successfully blended it to create a green heating oil for the New England states. In the end, we could have sold substantially more fuel, but wanted to carefully test our product by long term use and storage, in a wide range of specific applications and with a variety of customers.
We have developed palm-based biodiesel because it (without the addition of chemical stabilizers) meets military biodiesel specifications and the stability requirements of the major oil companies. The fastest way to reduce net carbon dioxide emissions is the use of biodiesel, because on a life cycle basis biodiesel has zero carbon dioxide emissions and a substantial positive energy balance. The United States' National Renewable Energy Lab has found that palm-based biodiesel has the highest positive energy balance of all biofuels, generating six times (600%) more energy than it takes to make it, "more than any other known fuel". In comparison, petroleum diesel only generates 20% more energy than it takes to make it.
Contact: For EarthFirst Technologies, Tampa Redwood Consultants, LLC Jens Dalsgaard, 415-884-0348
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