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Posted by matto on :

Amelot Alternative Energy Inc. Signs Lease Agreement for Their First 10 Million Gallon Bio-Diesel Production Facility

CHEYENNE, Wyo., Aug 11, 2006 (PRIMEZONE via COMTEX) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) today announced that its wholly-owned subsidiary, Amelot Alternative Energy, Inc., has signed a lease agreement for their first Bio-Diesel production facility which will have the capacity to produce ten million gallons per year.
"This is a day Amelot and it shareholders can be proud of. It has been a long due-diligence period to find the right location that fits Amelot's business model. The company has made tremendous progress these first three quarters of 2006," stated, Aziz Hirji, President of Amelot Holdings.

The facility is an 80,000 sq. ft. building located in Nashua, New Hampshire. Amelot will lease 26,713 sq. ft. of manufacturing space and 2,969 sq. ft. of office space.

"We anticipate starting our Bio-Diesel production in our first of fifty planned facilities in the next 30 to 60 days," Aziz Hirji concluded.

Amelot Holdings, Inc. is a diversified holding company focused on Alternative Energy and Bio-Fuels.

They have entered into the Bio-Fuels market through its subsidiary, Amelot Alternative Energy, Inc., Amelot's strategy has been to enter the market place through Bio-Diesel and Ethanol facilities. The Company's business model focuses on the launch of Bio-Diesel facilities first, and then follow with the Ethanol projects.

Amelot has passed its ASTM D6751 quality assurance test results through the use of superior feed supply and technology.

About Amelot Holdings, Inc.

Amelot Holdings, Inc. is a diversified holding company focused on Alternative Energy and Bio-Fuels.

The Amelot Holdings, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2149

[Big Grin]

Posted by Vinnie on :

any word on that, do you guys think it is a good buy?

Posted by matto on :

i do i am in now!!!

Posted by matto on :

We anticipate starting our Bio-Diesel production in our first of fifty planned facilities in the next 30 to 60 days," Aziz Hirji concluded

Posted by djg7 on :

I'm in for a little.

Posted by J_U_ICE on :

I'm in at .023

Posted by matto on :

lets rollllllll

Posted by matto on :

she is heating up noww!!!!!! we cought it 6 min after it came out.

Posted by J_U_ICE on :

I'm ready

Posted by tompom on :

in at .22

Posted by matto on :

tom thats my sell point lol

Posted by Grico on :

lol

Posted by tompom on :

lol
now you know how fat fingers happen...
thank god i´m better at trading than writing...

Posted by maxdog on :

In at .023 also.

Posted by maxdog on :

I thought that news would see se us headed up