GREENBELT RESOURCES signs
Letter of Intent With Biofuels and Energy,
LLC
Biofuels & Energy to
develop projects using Greenbelt technology
Paso Robles, CA -- March 15, 2018 -- InvestorsHub
NewsWire -- Greenbelt Resources
Corporation (OTC:
GRCO) (Greenbelt), the developer of a sustainable
ECOsystem
model
that
transforms waste into revenue generating bioproducts, today
announced that it has signed a Letter of Intent (LOI) with Biofuels
and Energy, LLC (B&E), a New Mexico-based
project
development company. B&E plans to utilize
Greenbelt's proprietary ECOsystem
model, which uses a patented
membrane dehydration technology, to convert agricultural
waste into various biobased products such as
bioethanol and high protein animal feed.
"After
extensive research, we found that Greenbelt's technology is the
best on the market for our bioethanol projects," said
Richard
Mason with B&E. "Their
ECOsystem
model enables
us to transform a myriad of local
waste products without having to change or modify technologies, a
unique benefit of Greenbelt's technology, and this gives us endless
opportunities.
We look forward to working with the
Greenbelt team."
"We're
pleased that Greenbelt's technology was selected by B&E as
their technology of choice for their development projects," said
Greenbelt CEO Darren Eng. "We developed our ECOsystem
model to fill a
need community scale projects exactly the types of projects we'll
be working on with B&E. We look forward to a long and rewarding
relationship."
The first
series of B&E projects
utilizing
Greenbelt technology will be located in
Colorado, New
Mexico and Pennsylvania.
# # #
About
Greenbelt Resources
Greenbelt
Resources Corporation is an award-winning provider of sustainable
energy production systems focused on delivering modular solutions
that enable the localized processing of locally generated waste
into locally consumed products. Greenbelt designs, develops and
implements technology that makes the production of advanced biofuel
reliable, practical and efficient. Controlled by proprietary
automated controls, Greenbelt's small-scale, end-to-end modular
systems convert food, beverage and other cellulosic wastes into
commercially viable advanced biofuels (bio-ethanol), animal feed,
fertilizer and filtered water. For more information
visit www.greenbeltresources.com.
Forward-Looking Statements
& Safe Harbor
This document includes certain
statements, predictions and projections that may be considered
forward-looking statements under securities law. These statements
involve a number of important risks and uncertainties that could
cause actual results to differ materially including, but not
limited to, the supply and demand for biofuels, our ability to
remain technologically competitive and other economic, competitive
and technological factors involving the Company's operations,
markets, services, products and prices.
Contact:
Darren Eng, CEO
Greenbelt
Resources Corporation
888-995-GRCO
(4726 x 101)
darren@greenbeltresources.com