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The world has seen the price of food and fuel rise to new heights. Our solution is to commercialize two new agricultural products that will provide a cheaper alternative. With our algal oil and algal meal, we produce more food and fuel on a single hectare than any other traditional crop. Our focus it to oversee the development, construction, and operations of algal growth farms and lipid extraction facilities domestically and abroad.
We are positioned to complete a 250-hectare algae farm and facility in Louisiana by the end of 2008. Furthermore, we have initiated development on an additional 1,000-hectares in Louisiana, and now possess contracts for a Southeast Asian farm and facility.
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