Before any investment... 44I have copy pasted the text below from: http://algaelink-bioking-scam.blogspot.com/.
It is useful to be read for everybody wants to know more, before any investment.
You will not believe how deep and complex this algae oil scam goes! Is Algae Oil Bio-Diesel the answer to the worlds oil problems... not likely.. Even some of the worlds top companies have just fallen for this mathematical trick.
Companies like AlgaeLink / BioKing, BFS (biopetroleo), [De Beers Fuel] and so many more are selling algae oil production equipment and complete solutions that are simply built around a global misconception of pure fantasy.
Let me tell you right away that there is conclusively no functional industrial sized photo bio-reactor that produces more than a few grams a day in operation anywhere in Europe or Africa.
I know this because I have just physically been to investigate!
ALL the companies involved in algae oil solutions are lying about the production figures to sell demonstration plants simply to cash in on the hype or sucker you into paying millions for a system that will never work. At the end of the day you are just buying into a million $ scam.
They will tell you things about how the demonstration reactor must be used first to test various types of algae and how it takes anything from 6 to 18 months to do this. So you are paying for their research only to discover it will never work anyway. (Long after they have run off with your money)
You will also look at great financial spreadsheets showing 20 to 95% ROI (return on investment) for a few million dollars but you will be forced to pay upfront for the pilot plant with promises of refunds when you buy the full sized plant. (which will never happen and they know it)
It all boils down to a good concept that works in the lab but not in practice. The system struggles to produce the large enough quantities of algae to start with and then you have to convert that to diesel which is very expensive. There are also many many operational costs and inputs like CO2 which sounds simple but you need a tons of it to make this work. Soon you will discover that the biggest problem you are left with is truck loads of algae cake (a pile of algae) that you are lead to believe you can sell for a fortune and actually makes up majority of your profits!
Everything sounds very good and huge figures are flashed around like its chump change but the jokes on you when you discover your demonstration plant is not doing well a few months later.
They will also tell you they have sold hundreds of these trial plants and have a few full blown plants currently going into production with 100+ ton capacities around the world.
Their offices, demonstrations, factory and presentations are all professional quality - it's hard not to believe it will work. However if you have ever been to see a functional demonstration it will be unlikely you will actually see quantities of algae coming out the machine never mind an oil press that works. It all smoke and mirrors.
Next up is a some actual quotes and costs...
All based on the fact that the process actually works and you can put it in a country that has 365days of sunshine because if this has to be powered by conventional lighting you will have the biggest electricity bill in the world.
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