CybeRelease: (OTC: APPI) In Talks to Acquire Clean Coal Technology Firm
(CybeRelease, Decmber 6, 2006) - Lake Harmony, PA - Advanced Plant Pharmaceuticals, Inc. (OTC BB: APPI) announced today that they are in merger negotiations to acquire a clean coal technology company. The proposed agreement will include the merger candidate’s patented coal technology.
The clean coal patented process is designed to increase the BTU of low quality coal which substantially increases the value of low-grade lignite and sub-bituminous coal. The environmentally friendly process captures and removes harmful elements without disintegrating the coal and destroying further processing. Significantly, the patented process requires only 4-18 minutes retention time vs. the industry standard of 2-6 hours. Further development will require limited capital expenditures to be funded via grants from future partners.
APPI recently announced the signing of a Memorandum of Understanding to acquire the Biodiesel company, World Health Energy, Inc., an emerging energy company focusing on biofuels and renewable energy production and distribution. The company plans to produce and market high-quality, low cost B100 Biodiesel to replace traditional fossil fuels.
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To read the complete release, go to http://biz.yahoo.com/pz/061205/109944.html
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