CleanTech BioFuels, Inc. (OTCBB:CLTH) announced today that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, Daily Internet broadcast with Cathy Rankin, Vanessa Ramirez and Jenn Hoffman and QualityStocks Daily Blogs and Message Boards. QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 740,000+ subscribers that receive The Daily Stock Newsletter via opt in email.
Ed Hennessey, CEO of CleanTech, has the company focused on developing ground-breaking technologies to convert cellulosic material found in municipal solid waste (MSW) into ethanol. Americans throw away over 250 million tons of garbage every year. Out of all that garbage, approximately 32 percent is recovered and recycled or composted, 14 percent is burned at combustion facilities, and the remaining 54 percent (or 135 million tons of garbage) is disposed of in landfills. The demand for the production of ethanol has grown to incredible levels with the recent volatility in oil prices and recently enacted legislation requiring a production rate of 36 billion gallons of ethanol per year by 2022.
Recently, CleanTech Biofuels acquired the patent crucial to their work in alternative fuels. The patent, which was formerly a sublicense of World Waste Technologies’ patented process, covers the method for transforming diverse pulp and paper products into a homogenous cellulosic feedstock by process of pressurized steam. That feedstock, which is organic waste matter, is then transformed into a clean burning ethanol through a two-step process which CleanTech is perfecting.
Mr. Hennessey stated, “CleanTech has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”
Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have CleanTech as a featured company. The Company is methodically establishing itself as a category leader and the acquisition of their recent patent is proof of this.”
CleanTech BioFuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into ethanol and other renewable energy products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stover.
For more information on CleanTech BioFuels, Inc., visit:
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.