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October 28, 2008
Penny Stock Alert: CleanTech Biofuels Finalizes Transaction With World Waste Technologies! - (MobiWire)
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There is additional important news coming from CleanTech Biofuels, Inc. (OTCBB: CLTH), and investors are urged to continue to watch this stock closely. Yesterday after the markets closed, the company, formerly a sublicensee of World Waste Technologies' patent (U.S. Patent No. 6,306,248 and Patent Cooperation Treaty, International Application No. PCT/US01/50049, Method for Transforming Diverse Pulp and Paper Products into a Homogenous Cellulosic Feedstock), issued a press release announcing that it has acquired that patent.
This is great news as the press release states that CleanTech Biofuels is now able to file new United States and international patents based on the combined technologies described in the patent and those of Biomass North America Licensing! CleanTech CEO, Ed Hennessey, noted, "We are very excited to have completed this transaction, as this acquisition creates many new opportunities for our company."
The newly acquired patent relates to the proprietary Pressurized Steam Classification process that CleanTech uses for cleaning and separating municipal solid waste into its component parts. This process creates a homogenous biomass that can be used as a renewable feedstock for the production of alternative energy in a variety of different applications. CleanTech is implementing its technology at a commercial site in Chicago, Illinois and is evaluating a number of additional sites for commercial development.
Investors are urged to continue to monitor the progress of the company!
Disclaimer:
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for CleanTech Biofuels, Inc. (OTCBB: CLTH), WSCF has been compensated Two Hundred Thousand shares, by a third party, Bright Star, who is non-affiliated and may hold a significant position in the stock. WSCF holds One Hundred and Forty Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF was previously compensated Seventy Five Thousand Dollars for coverage of CleanTech Biofuels, Inc. (OTCBB: CLTH), by third party, Five Sigma Limited, who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF’s services for a company may cause the company’s stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF’s selling of a company’s stock may have a negative effect on the market price of the stock.
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