WEST PALM BEACH, FL — (Marketwired) — 10/09/14 — . (OTCQB: ALLM) announced today that at the request of several foreign Governments it is sending CTS inventor Dr. Richard Blair and a group from wholly owned subsidiary AMG Renewables, on a world tour of the near east and far east including Hong Kong, Beijing, and Deli, this coming November. Dr. Blair will be speaking at several energy conferences on the advantages of CTS over other cellulose to sugar technologies and the numerous alternate pathways and fine chemicals the CTS process can produce.
The group being led by AMG Renewables CEO Joe McNaney will also be meeting with business leaders, government officials and university representatives along the way to discuss potential joint ventures, licensing and G2G (government to government) opportunities for territory licensing and CTS plant construction. “We are extremely excited to share this world changing technology with the rest of the planet,” said Joe McNaney. He went on to say, “What CTS can do for a developing nation, from an energy independence stand point, is astonishing, and when you factor in all of the other products and pathways CTS can create then you truly have a disruptive technology.”
Alliance Media Group Holdings, Inc (“AMG”), is a Florida based public holding company (OTCQB: ALLM), focusing on the investments in, and development of, various renewable energy and emerging technologies. AMG currently operates wholly owned subsidiary, AMG Renewables, LLC., which is involved in the “Green” or “Environmental” Energy sectors and controls licenses and patents for several unique and revolutionary bio-fuel and fine chemical technologies. AMG Renewables management team, Board and Senior Advisors is made up of highly experienced professionals from the bio-fuels, petroleum, business, financial and bioscience industries.
CTS was invented by Dr. Richard Blair at the University of Central Florida (“UCF”) and patented by the University in 2012. Carbolosic, LLC was created in 2013 as a joint venture between Thor Renewable Energy Singapore and AMG Energy Group. Carbolosic obtained the exclusive, worldwide license to the patent from UCF, that same year. The patented CTS technology is the only known mechanical/chemical, dry process for converting most all cellulosic material into fermentable sugars for use in the bio- fuels industry as well as other fine chemical manufacturing, without the use of enzymes, bacteria, liquid acids, pressure or applied heat. CTS is poised to become the preferred global method for cellulose conversion due to the absence of: any hazardous acids, applied heat or pressure in its process; any need for enormous capital requirements; or the production of any perilous by-product materials.
Carbolosic–s goal is to develop the CTS technology to a commercial scale, build full scale Cellulose to Sugar plants both domestically and abroad as well as to license the technology to relevant international organizations and governments.
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