Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focused on using available and developing technologies to recover and/or extract from unconventional industrially abandoned or formerly uneconomic sources to commercially viable Energy Resource Materials (ERM). This process results in two distinct benefits: 1.converting formerly unusable waste into a viable ERM, and 2. restoring formerly environmentally blighted land to a usable form, a process the Company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.).
The Company's strategy is to utilize newly developed and proven conversion and reprocessing technologies to produce clean burning viable energy sources from the ERM. The Company has developed proprietary technologies to focus on two specific niches of the Green Alternative Energy Sector (GAES).First the conversion of slurry pond residues to dry slurry through its' proprietary "Cyclonic Dredging" technology and secondly, the construction of specialized gasification plants using the Company's gasification/pyrolytic steam reforming technology to convert carbon based feedstock into clean usable energy.
Current PPS: 0.115
Market Value1 $6,404,493 a/o Sep 21, 2012
Shares Outstanding: 67,415,720 a/o Jun 30, 2012
Authorized Shares: 500,000,000 a/o Aug 15,2012
Par Value 0.001
GCEI started building their 15-20 Ton per Day Gasification System and then set up a Government Grants Division. This is the same company that cleaned up a huge coal site for one of the U.K. coal sites and were supposedly offered a ridiculous amount from one of their country's top oil companies, actually, one of the biggest in the world.
GCEI’s Airpump™ was used in Pontifract, South Yorkshire, UK, where this lagoon left over from UK Coal was over 200 ft deep with almost 4 million tons of coal slurry.
Once emptied, this site will be redeveloped into a residential, business and commercial park. (UKC News Aug 2008)
Not only can they handle coal, but they just set up the grants division because they can basically turn anything unwanted into fuel.
To read more on the company visit their website at: http://www.globalcleanenergy.net
But wait, there’s more…
AN ACQUSITION IS ON THE HORIZON FOR GCEI
After hours Press Release issued today: September 24, 2012 16:15 ET
Global Clean Energy, Inc. in Final Negotiations to Acquire Material Handling Company.
We think there may be muti-bagger potential here
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