GSPI Algae-To-Biodiesel Phase II Successful
July 09 2007 - 10:15AM
Business Wire
Green Star Products, Inc. (OTC:GSPI) announced today that its Phase
II Algae-To-Biodiesel Demonstration Facility (40,000 liters) has
been successfully completed. GSPI�s May 11, 2007 press release,
titled �Green Star Completes Algae Phase I Demo Facility�,
explained in detail the five most important operating parameters
that need to be controlled. However, management of these parameters
has so far eluded the commercial microalgae industry. These
parameters include daily and seasonal pond temperatures, pH,
evaporation, salinity and invasion by outside organisms. Mr. Joseph
LaStella, President of GSPI, stated, "The GSPI demonstration
facility which is a full-size module of our planned production
facility furnished GSPI with a wealth of field information and
patentable low-cost construction techniques." Phase II testing
included pushing the survival environmental envelope of the
developed algae strain (zx-13) utilized by GSPI. Mr. LaStella
further stated, "The zx-13 strain survived at elevated
temperatures, much higher than any tested in most of the available
literature over the last 50 years. Temperature testing by
Universities usually cuts off at 90 �F, this zx-13 strain
successfully endured peak temperatures of 115 �F for several hours
on successive days." Also tested were salinity levels outside the
normal operating range for saltwater algae and the zx-13 strain
exhibited strong survivability. The zx-13 strain also exhibited
acceptable 21% oil content. The balance of the biomass is being
tested for high-grade protein content to be used as animal feed and
organic fertilizer. The only item that caught GSPI personnel
unprepared was the exponential growth of the algae. Mr. LaStella
stated that "Growth rates of algae are phenomenal, just consider
that many algae, including the zx-13 strain, are capable of
reproducing themselves from 1.5 to 4 times per day depending on
environmental conditions. This means that, even at nominal growth
rates, one cell will grow to one million microalgae cells in 15
days that continue to grow to one trillion cells in the next 15
days if conditions and space for growth are available.� Algae
harvesting occurred sooner than expected and GSPI had not yet
received all harvesting equipment. GSPI harvesting techniques allow
only the algae cells larger than 2 microns to be captured and the
smaller size algae returned to the pond to reproduce. In an effort
to harvest as soon as possible a 1,750 rpm vane pump was used
instead of a slurry pump and resulted in shearing and damaging the
smaller algae cells returning to the pond, which caused a temporary
pond shutdown. Mr. LaStella stated that: �This is not an
operational problem, it's only part of the learning curve.� The
success of the Montana demonstration facility has paved the way for
the next stage, which is a 100-acre production facility. At the
present time GSPI is in negotiations in three states for this
100-acre facility, i.e. California, Missouri and Utah. One of the
major considerations for our next site is the ability to expand to
a much larger facility of 500 to 1,000 acres. Mr. LaStella also
re-stated five important algae factors, which will play a major
role in weaning the U.S. off foreign oil and reduce global warming.
These are: 1) Algae produce 100 times more oil per acre than
traditional food oilseed crops (i.e. corn, soy, etc.) 2) Algae eat
CO2, the major Global Warming Gas, and produce oxygen 3) Algae
require only sunshine and non-drinkable (salt or brackish) water 4)
Algae do not compete with food crops for either agricultural land
or fresh water 5) Algae can reproduce themselves and their oil
every 6 hours, while it takes Mother Nature millions of years to
produce crude oil in the ground GSPI urges everyone who is
interested in Global Warming and the Peak Oil Crisis to view the
two-minute video
(http://video.google.com/googleplayer.swf?docId=595872956429027619&hl=
en)* and listen to the interview
(http://www.wallst.net/audio/audio.asp?ticker=GSPI&id=3382).
Also see GSPI press releases dated May 18 and May 11, 2007. You can
find these links, press releases and more information about algae
biodiesel at GreenStarUSA.com *(Due to its length, this URL may
need to be copied/pasted into your Internet browser's address
field. Remove the extra space if one exists.) Green Star Products,
Inc. (OTC:GSPI) (OTC:GSPI.PK) is an environmentally friendly
company dedicated to creating innovative cost-effective products to
improve the quality of life and clean up the environment. Green
Star Products and its Consortium are involved in the production of
renewable clean-burning biodiesel and other products, including
lubricants, additives and devices that reduce emissions and improve
fuel economy in vehicles, machinery and power plants. For more
information, see Green Star Products' Web site at
http://www.GreenStarUSA.com, or call Investor Relations at
619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com.
Information about trading prices and volume can be obtained at
several Internet sites, including http://www.pinksheets.com,
http://www.bloomberg.com and http://www.bigcharts.com under the
ticker symbol "GSPI". Forward-looking statements in the release are
made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned
that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance
of the company's products, increased levels of competition for the
company, new products and technological changes, the company's
dependence on third-party suppliers, and other risks detailed from
time to time in the company's periodic filings with the Securities
and Exchange Commission.
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