Big Brother
10 years ago
Agreed, not sure what price it's going to start out trading at but once the plant is complete this could be a $100M+ revenue generating company I'd imagine.
http://www.independent.com.mt/articles/2011-04-03/news/biomass-company-aims-to-invest-1026-million-in-malta-facility-290240/
http://www.bloomberg.com/news/2011-04-05/genesyst-plans-618-million-investment-in-ethanol-plants-on-malta-islands.html
Item 1. Description Of Business
Business Overview
The Company intends to enter into an agreement with Applied Biofuels (Malta) Limited whereby all assets of Applied Buiels (Malta) Limited shall be transferred to a new subsidiary (“Newco”), to be incorporated in Malta, which will be a wholly owned subsidiary of the Company. The Company is a project and plant development company in the business of producing and selling ethanol and butanol made from municipal solid waste and other cellulosic fiber. Bio-En and BHC are referred to in this section collectively as “we,” “us” and the “Company” unless the context indicates otherwise, in which case such terms refer just to Bio-En or BHC.
We have planned, designed, engineered and prepared agreements to build and operate a facility using Gravity Pressure Vessel Technology in Weak Acid Hydrolysis to convert Biomass to Ethanol (the “Facility”). The Facility will be built on the Island of Malta and is anticipated to be fully operational by the end of the 4th quarter of 2016.
The Facility will combine technologies from the waste management industry and integrate the recycling of waste, control of carbon dioxide and other emissions, with the profitable production of fuel grade Ethanol.
Our Corporate History and Background
Bio-En Corp. was incorporated under the laws of the State of Delaware on January 6, 2014. The Company, through its merger with Bio-En, is in the development stage and is devoting substantially all of its efforts to the development of its business plan. The Company intends to be a world leader of setting the standard for waste to bio-fuel technologies. The Company intends to plan, design, and execute agreements to build, operate and maintain a bio-mass to energy facility on the island of Malta, which is contingent on sufficient capital funding. The Company’s fiscal year-end is March 31.