>> Investment in ZeroPoint Clean Tech, Inc. In August 2006, the Company
made a strategic investment in the development stage company ZeroPoint
Clean Tech, Inc., which is developing for commercialization a range of
technologies related to biomass gasification, gas-to-liquid, and water
evaporation among others.
>> Distribution Agreement with ZeroPoint Clean Tech, Inc. In conjunction
with the investment in ZeroPoint, the Company entered into a
reciprocal sales and marketing agreement whereby ZeroPoint acquired
the worldwide, non-exclusive rights to market and sell certain of our
technologies, and GS AgriFuels acquired the exclusive use and
marketing rights for ZeroPoint's patent pending gasification and
gas-to-liquids technology in the North American ethanol industry.
sec.edgar-online.com/2007/11/14/...9127-07-000230/Section9.asp
Biomass Gasification - Minority Investment
We hold a minority stake in ZeroPoint Clean Tech, Inc. ZeroPoint is
commercializing patent pending and proprietary gasification, gas to liquids and
fuel reforming technology that ZeroPoint management believes is the most
effective technology available for use in gasifying a wider range of various
biomass materials to create carbon-neutral energy (gas, electricity, ethanol,
diesel substitutes and hydrogen), clean water and other valuable products.
ZeroPoint's technology is well suited for distributed deployments, making it
highly applicable to the localized nature of many global sources of biomass
feedstock. GS AgriFuels holds the exclusive distribution rights to this
technology in the North American Ethanol Production Industry.
made a strategic investment in the development stage company ZeroPoint
Clean Tech, Inc., which is developing for commercialization a range of
technologies related to biomass gasification, gas-to-liquid, and water
evaporation among others.
>> Distribution Agreement with ZeroPoint Clean Tech, Inc. In conjunction
with the investment in ZeroPoint, the Company entered into a
reciprocal sales and marketing agreement whereby ZeroPoint acquired
the worldwide, non-exclusive rights to market and sell certain of our
technologies, and GS AgriFuels acquired the exclusive use and
marketing rights for ZeroPoint's patent pending gasification and
gas-to-liquids technology in the North American ethanol industry.
sec.edgar-online.com/2007/11/14/...9127-07-000230/Section9.asp
Biomass Gasification - Minority Investment
We hold a minority stake in ZeroPoint Clean Tech, Inc. ZeroPoint is
commercializing patent pending and proprietary gasification, gas to liquids and
fuel reforming technology that ZeroPoint management believes is the most
effective technology available for use in gasifying a wider range of various
biomass materials to create carbon-neutral energy (gas, electricity, ethanol,
diesel substitutes and hydrogen), clean water and other valuable products.
ZeroPoint's technology is well suited for distributed deployments, making it
highly applicable to the localized nature of many global sources of biomass
feedstock. GS AgriFuels holds the exclusive distribution rights to this
technology in the North American Ethanol Production Industry.
