This Company is developing a shovel ready Algae-to-Fuel operation that will have four streams of income:
1. The fuel from algae.
2. A tilapia fish farm.
3. A shrimp farm.
4. Algae to be sold as fertilizer and as a pharmaceutical base.
The Company is seeking about $12m for Phase 1 or $46m for the entire project.
The Company has received a $5m grant from the DoE, and are working with the University of Georgia and Puerto Rico. The principals have invested about $1m so far in the Project. The project land and equipment is valued at another $8m.
The Company is represented by a financial sourcing company.