decouverte d Elbe
15 years ago
I noticed that you have been a little lonely here-I had the same thing going on with my big investment in another company whose board I moderate. Now I'm up pretty good on that.
Anyways, I have some info that you may find helpful, if it means anything.
Being that I am a stockholder in OOIL and BEHL, two companies that compete with CLTH, I was interested into where Exxon grant money might be going.
I saw an Exxon commercial, and it featured a scientist named Joel Weissman, talking about the potential for algae fuel.
So I googled his name with algae, and it came up that Mr. Weissman works for Aurora Biofuels, which is owned by Cleantech.
Don't know what it means, but it appears to me your company has the inside track for this Exxon investment. Not that I know this to be fact, but I found it very interesting, and I think I need to take a position here. Might be some insiders buying lately.
Good Luck to you.
Crusader
15 years ago
NEWS!! Good news:
http://finance.yahoo.com/news/CleanTech-Biofuels-Fiberight-pz-3403924384.html?x=0&.v=1
ST. LOUIS, July 8, 2009 (GLOBE NEWSWIRE) -- CleanTech Biofuels, Inc. (OTCBB:CLTH - News), an early-stage provider of technology to convert municipal solid waste into sustainable biomass for renewable energy production, has announced a joint research agreement with Fiberight, LLC (Fiberight), to establish the anticipated yields and operating costs from using biomass produced by CleanTech Biofuels (CleanTech) for the production of ethanol using Fiberight's proprietary enzymatic processes. Under the agreement, CleanTech will provide approximately 2000 pounds of biomass feedstock derived from municipal solid waste from the City of Chicago to use in Fiberight's conversion technology.
"This research agreement with Fiberight is another step towards validating the use of our biomass as a feedstock for energy production," said Ed Hennessey, CleanTech CEO. "Our combined technologies are capable of turning the garbage from our communities into clean renewable energy. In a market where energy demand continues to grow and the cost of handling waste continues to increase, CleanTech is ideally situated to bring its technology to municipalities, solid waste haulers, operators of landfills, and materials recovery facilities."
According to Fiberight CEO, Craig Stuart-Paul, preliminary tests using the CleanTech biomass in the Fiberight system have been encouraging, with anticipated ethanol yields in excess of 80 gallons per ton of biomass used. He added, "The success of these initial runs leads us to believe that biomass produced by CleanTech may be an ideal feedstock for our ethanol production technology."
On April 28, 2009, CleanTech announced that an initial test vessel had demonstrated the operational capability of its technology to process municipal solid waste into biomass for renewable energy production. CleanTech is now offering its biomass technologies to cities, solid waste haulers and landfill operators to produce biomass for a wide array of energy production, including electricity generation and biofuel production.
The 2007 Energy Act requires 21 billion gallons per year of biofuel production by 2022. Meeting that mandate will require heavy reliance on cellulosic biomass, according to the U.S. Department of Energy. Biomass is also projected by the Department of Energy to account for about one-half of the projected growth in renewable electricity sources by 2030, exceeding solar, wind and geothermal renewable energy sources combined.
Crusader
16 years ago
Management: 1st step to success:
The Company is currently led by its Chief Executive Officer, Chief Financial Officer, and General Counsel:
Ed Hennessey. Mr. Hennessey is CEO and President of the Company. He also serves as Chairman of the Board of Directors of the Company. He has been President and CEO of CleanTech Biofuels and its predecessor companies, since 2002. He has developed the business strategy, and secured the existing technology licenses and the funding required to date. Prior to becoming involved in the waste-to-energy industry, Mr. Hennessey worked in the securities industry beginning with Shearson Lehman Brothers in 1986 and ultimately opening and managing his own securities brokerage and investment banking firm, which he sold in 1999.
Thomas Jennewein. Mr. Jennewein is Chief Financial Officer of the Company. Previously he served as Manager of Financial Reporting for the Maverick Tube Corporation and prior to that worked in a similar position for the Argosy Gaming Company. Mr. Jennewein began his career in 1985 as a Senior Auditor with Arthur Anderson & Company.
Michael D. Kime. Mr. Kime serves as General Counsel of the Company. Prior to joining the Company in 2007 he was a partner in the law firm of Sauerwein, Simon, Blanchard, & Kime, P.C. Mr. Kime has been a practicing attorney since 1994, focusing on securities law, finance, mergers and acquisitions. Mr. Kime also co-wrote and co-produced the award winning documentary, Can Mr. Smith Get to Washington Anymore?. Mr. Kime attended Louisiana State University Law School where he graduated ranked second in his class and served on the Louisiana Law Review.
Board of Directors
In addition to Mr. Hennessey the Board of Directors includes:
Benton Becker. Mr. Becker is a lawyer in private practice in Miami Dade County. He also teaches constitutional law at St. Thomas University School of Law in Miami, Florida. He has served on the Board of Directors of Tengasco, Inc., an American Exchange public oil and gas company. Mr. Becker began his legal career in Washington D.C. with the United States Department of Justice, eventually rising to serve as legal counsel to President Gerald Ford at the time that President Ford was assuming the Presidency from former President Richard Nixon. He received his J.D. from the American University.
Ira Langenthal. Dr. Langenthal co-founded Signal Analysis Industries Corp. (SA/COR), an instrument manufacturing company that was subsequently acquired by Honeywell. After the acquisition Dr. Langenthal continued to work at Honeywell, where he served as Director of Engineering, Vice President of Operations and Vice President and General Manager of Honeywell’s Test Instruments Division until retiring in 1991. Since his retirement, Dr. Langenthal has been active as a consultant and on several Boards of Directors and has been active in Colorado’s Incubator System. . He received a M.Eng. and a Ph.D. from Yale University in statistical communications/information theory and received the award for distinguished individual performance.
Larry McGee. Since 1998 until his retirement in 2006, Mr. McGee was Senior Vice President and Chief Development Officer of IESI, an environmental services company that collects, transports, and disposes non-hazardous residential, industrial and commercial wastes as well as providing recycling services. IESI was founded in 1995 and purchased by BFI Canada in 2005. Mr. McGee previously held various financial management positions in the waste management business and worked as a Certified Public Accountant. Since his retirement from IESI, Mr. McGee purchased, and now operates, a landfill in Slidell, Louisiana. He is in the process of acquiring additional landfill locations. He has a B.S. in accounting from the University of Tennessee.
Paul Simon, Jr. Mr. Simon is a practicing attorney and partner in the law firm of Sauerwein, Simon, and Blanchard, which he joined in 2006. Prior to that he was a partner in the firm Helfrey, Simon and Jones, P.C. He received his J.D. from the St. Louis University School of Law. Mr. Simon serves as outside legal counsel for numerous corporations and concentrates his practice in the areas of real estate and corporate transactions, construction and business litigation and governmental law and relations.
SEC Filings:
http://cleantechbiofuels.net/investorrelations/SECFilings/tabid/152/Default.aspx
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