Deliver Your News to the World

CybeRelease: (OTC BB: APPI) Sign Letter of Intent for $1.2 Million Financing


WEBWIRE

(CybeRelease, December 19, 2006) - Lake Harmony, PA – Advanced Plant Pharmaceuticals, Inc. (OTC BB:APPI.OB - News) announced today the signing of a Letter of Intent (LOI) agreement with H & H Equipment Company, Inc. (HHE), a division of Hannah Industries, for the necessary financing to construct two biodiesel plants.

HHE, a Kentucky corporation engaged in coal mining, loading and blending, washing and marketing and brokering of coal for utilities and other large industrial users, is a privately held company. According to the terms of the LOI, HHE will provide $1.2 million in funding to APPI in exchange for a minority interest in APPI in the form of preferred convertible stock. The funds will primarily be used to construct two biodiesel plants, with one plant to be constructed in eastern Kentucky and one in Palm Beach County, Florida.

As previously announced, the biodiesel plant in Kentucky is for a coal mine which will require 4-5 thousand gallons a day. Revenue for the first full quarter of operation is projected at $1 million, or $4 million annually.
Separately, APPI has announced merger negotiations with an undisclosed clean coal technology company. 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.

To be added to APPI’s corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@advancedplantpharm.com.

For more information, go to http://biz.yahoo.com/iw/061219/0196798.html

For a Free Newsletter, go to http://www.OTCReporter.com

CybeRelease Gainers are Escala Group, Inc. (Nasdaq: ESCL), Gemstar-TV Guide International Inc. (Nasdaq: GMST), Syntroleum Corporation (Nasdaq: SYNM), GenVec, Inc. (Nasdaq: GNVC), Green Mountain Coffee Roasters, Inc. (Nasdaq: GMCR), Tom Online Inc. (Nasdaq: TOMO), TRM Corporation (Nasdaq: TRMM) and S1 Corporation (Nasdaq: SONE).

CybeRelease Decliners are PMC - Sierra, Inc. (Nasdaq: PMCS), Skyworks Solutions, Inc. (Nasdaq: SWKS), Sonus Networks, Inc. (Nasdaq: SONS), Northfield Laboratories Inc. (Nasdaq: NFLD), PSS World Medical Inc. (Nasdaq: PSSI), Syntax-Brillian Corporation (Nasdaq: BRLC), FuelCell Energy, Inc. (Nasdaq: FCEL) and ASML Holding N.V. (Nasdaq: ASML).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $500.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation, do no trading of any kind and send No Faxes or Emails.



WebWireID25369





This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.