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Sustainable Power Corp. Reports That Texas A&M University Confirms Validity of Its Green Energy Technology
Texas A&M Reports Over 50% Yields of Oil From Sustainable Power's Proprietary Process for Producing Transportation Fuel From Biomass .Companies:Sustainable Power Corp..Press Release Source: Sustainable Power Corp. On Monday December 21, 2009, 4:15 pm BAYTOWN, TX--(Marketwire - 12/21/09) - Sustainable Power Corp. (Pinksheets:SSTP - News) is pleased to report that testing conducted at the world-renowned Texas A&M University confirms the validity of its proprietary Green Energy Technology. A team of scientists from Texas A&M have completed their multidisciplinary analysis confirming the company's earlier claims. The Texas A&M report states, "SSTP demonstrated that the oil yields with pyrolysis are much higher than simple mechanical squeezing process of soy seeds." With Sustainable Power's proprietary process involving heating biomass in a reactor vessel with the presence of the Company's proprietary catalyst, Texas A&M reported a yield of 54.4% oil in addition to 25.3% flammable gas and 20.3% biochar. The biochar could be used as a solid fuel or, unburned, it represents a stable, sequestered form of carbon that would qualify for greenhouse gas credits. Among Texas A&M's findings in the Confidential Report was that "Sustainable Power Corp.... invented a proprietary catalytic process which produces bio-fuels from what is essentially a heavy crude and light crude oil by a thermo-chemical pyrolysis... process as opposed to conventional pyrolysis... which typically occurs at... higher pressures." The report added, "The tests conducted with blow torch indicated that oils produced with SSTP's Licensed catalysts readily ignited while oils produced without the catalyst did not ignite easily." Previous independent analysis by AmSpec Services LLC of the oil produced by Sustainable Power's process, called Vertroleum�, shows nearly identical yields to the Texas A&M report. In addition, AmSpec refined the oils into biogasoline, marine fuel and a replacement gasoline for E85 flex fuel. In witnessing the process AmSpec also determined that when using feed stocks of corn, soybeans, wheat, sunflower and other raw agricultural products, the fuels meet the US Energy Policy Act's requirements for cellulosic biomass. A cellulosic biofuel producer that is registered with the Internal Revenue Service may be eligible for a tax incentive in the amount of up to $1.01 per gallon of cellulosic biofuel sold. Sustainable Power Corp.'s President and CEO, M. Richard Cutler, Esq., said, "It has been an arduous process of getting validation of the SSTP technology because the reporting of such high yields of oil and gas really seemed unbelievable. We are excited that one of the finest, most prestigious research universities in the country, Texas A&M, has been able to validate the efficacy of the process and the yields. We look forward to working with them in the future as we now begin commercializing this process that can produce non-polluting, renewable energy from food wastes, crop wastes, forestry waste and municipal solid waste. With its rapid commercialization, this process truly holds the promise of helping to liberate America from its dependence on foreign oil while eliminating the pollution and carbon footprint associated with fossil fuels." |
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SSTP
+ 4.76% RSI LINE @ 64.62 up trend Mac D above the signal ADX @ 38.17 Rising yesterday's sell-offf tested but couldn't break an upward trendline that dates back to 11/18. MACD and RSI remain positive after late day rally. After a push through 0.025 imo,there doesn't appear to be any significant resistance till 0.045 if at all. I believe SSTP will run with news and we will see a big day Keep your eye on it |
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SSTP
...the longer it churns between the support price of 0.02 and resistance at 0.024 imo, shows strength in this stock. today's sell off traded down to 0.02 and rebounded. the stock continues to stay in an uptrend dating back to 11/18. the inability to break this is showing me that if and when it breaks 0.024 it will have a full head of steam with everyone that has been watching for that break finally getting in. and just like 0.02, 0.024 will become the new support level |
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With this awesome pr that came out yesterday and the great volume today this baby is going to run!! All charts are heading north and is showing price apprecation everyday!! slow and steady baby!! Nothing like getting some more oil into the market and with this process that they are getting over 50 percent yeilds of oil and 23 percent yeilds of flamable gas. Nothing but profits on otherwise unusable product!!! Imo were all gonna be makeing money and that whats makes the world go around!! Hope all ur stocks are green and stay that way!!!
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SSTP...afternoon rally leads me to believe that morning sell pressure is from unwinding of positions from the previous day, investors are taking their profits and watching for a dip below 0.02, and when that doesn't happen,yet again, they are getting in to set themselves up for a potential pop through 0.
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SSTP
There is a bull flag forming (an up day followed by sideways trading that doesn't fully retrace the upward move), and the Golden Cross, (when the short term moving average crosses through the long term, in this case the 50 day crossed the 200 day at 0.011 yesterday) these are two positive technical signals. Watch for the break through 0.024 |
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