AlgoDyne Ethanol Signs Non Disclosure Agreement with Asian Investors
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Press release – AlgoDyne Ethanol Signs Non Disclosure Agreement with Asian Investors
LAS VEGAS–(BUSINESS WIRE)–AlgoDyne Ethanol Energy Inc. (‘AlgoDyne’ or the ‘Company’) (OTCBB:ADYN) is pleased to announce that it has been contacted by a consortium of Asian investors who have shown a strong interest in the Company’s proprietary mico-algae-based (phytoplankton) process. AlgoDyne’s technology provides a powerful means to produce clean, renewable energy from the continual harvest of bio-mass from Photo-Bioreactors. The end result is the production of ethanol from the fermentation of the algae, methanol from the anaerobic digestion of the algae, biodiesel from the extraction and transesterification of the algae, high-quality coal from hydrothermal carbonization of the algae residue, electricity by converting ethanol and methanol to electrical energy, coal from hydrothermal carbonization and animal feed from the remaining protein residue – all in a carbon dioxide neutral way.
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