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NEWS

They got the building.

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U.S. Sustainable Energy Corp. Acquires 35 Acre 447,800 Square Ft. Natchez, Mississippi Manufacturing Facility

NATCHEZ, MS, Dec 12, 2006 (MARKET WIRE via COMTEX) -- U.S. Sustainable Energy Corp. (PINKSHEETS: USSE) announced today that through its affiliated real estate holding company, it has acquired a 35 acre 447,800 square foot facility located in Natchez, Mississippi. Located at 110 L.E. Berry Road, Natchez, MS, the property was recently appraised at $8.9 million and was acquired in an all-cash transaction. It comprises 35.28 acres of land situated adjacent to the Mississippi River, the largest navigable river in North America. The waterfront docks at the facility are capable of servicing six barges simultaneously for soy and corn feedstock unloading. The facility also includes full rail car infrastructure capable of supporting 100 rail cars a day through 1500 feet of linear rail siding to the building with 17 rail bays each having an 8' x 10' rail door at each level. The building also includes four large truck bays, one truck well and ample office space. The facility is located near electrical substations and has a 115kv transmission line. The facility also has access to existing working liquid loading docks for shipping biofuel via barge and is perfectly suited for delivery of the company's products including organic 7-3-7 fertilizer and other bulk solid products. Finally, the facility is located near US Highway 61 for easy truck access.
Commenting on the facility, John Rivera, CEO, stated, "This is a vastly positive step in our mission statement to bring our Green Power, 100% organic fertilizer and renewable biofuels to the world markets. To our doubters, rest assured that we are taking monumental steps to succeed. I am elated that this critical step in our journey has been accomplished. Furthermore, we have purchased the parts for our revolutionary reactors and will now quickly complete construction of the first four of 200 planned tubes in our new state-of-the-art facility."

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Posts: 5178 | From: Up North | Registered: Dec 2005  |  IP: Logged | 

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Online Sales Strategies, Inc. Announces Significant Addition To Pangea Ultima's Holdings

TAMPA, Fla., Dec 14, 2006 (BUSINESS WIRE) -- Online Sales Strategies, Inc. (Pink Sheets:OSSG) ("Online" or "the Company") today announced that Pangea Ultima's Chairman and CEO, John Stanton will be adding 225,500,000 restricted shares in U.S. Sustainable Energy Corp. (Pink Sheets:USSE) (www.ussec.us) to the Pangea Ultima portfolio of dynamic emerging growth companies.
"I am pleased to be adding my significant position in USSE restricted stock to Pangea's dynamic portfolio. I have been a major supporter and proponent of USSE for many years. USSE has my full and total support," commented John Stanton, Pangea's Chairman and CEO. "We believe that USSE's revolutionary technology in renewable biofuels and cost effective power generation can have a profound impact on mankind. Pangea will continue to provide its full support as needed to insure USSE's ultimate global success."

As previously announced, Online Sales Strategies will merge with Pangea Ultima Corporation ("Pangea"). Pangea is a privately held company that comprises multiple public and private equities. Its portfolio will be combined with the Company's existing portfolio, which includes 120 million EarthFirst Technologies, Inc. (OTCBB:EFTI) common shares, 20 million Nanobac Pharmaceuticals, Inc. (OTCBB:NNBP) common shares, 20 million U.S. Energy Initiatives Corporation (OTCBB:USEI) common shares, and 10 million GIGcom shares. Pangea Ultima will take over management of the combined post merger company.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Online Sales Strategies, Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act").

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Posts: 5178 | From: Up North | Registered: Dec 2005  |  IP: Logged | 

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Alcar Chemicals Group Announces MOU for Completion of Financing for First Plant and US Expansion

MONTREAL, Dec 13, 2006 (MARKET WIRE via COMTEX) -- The following is an announcement from Alexander P. Cavasin, CEO of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG), on the signed MOU for completion of the financing of its first plant in Canada as well as the planned expansion into the US.
With the planned transaction ACMG will secure the financing for the first biomass conversion facility in Quebec, which will operate three reactors to fill the $160M contracts on hand, as well as an accelerated expansion into the US market. As announced last week, Dr. Cavasin, CEO of ACMG, signed a memorandum of understanding outlining an agreement for the acquisition of 60% of ACMG in a transaction with an overall worth in the vicinity of $300M. The closing of a definite agreement is foreseen within the next week and the details of the agreement will be provided once finalized. The agreement will not affect operations as ACMG will remain a separate entity and its stock will remain in effect; it does, however, represent an important milestone by guaranteeing the financing required for the first facility in Canada and for the expansion into the US market with a sizeable facility planned in Natchez, MS.

"The synergy created by combining the complementary technologies would ensure tremendous economical advantages to what could become the most advanced biomass conversion entity on the planet. I am very pleased with this preliminary milestone as a definite agreement will guarantee the financial backup required for the plant in Canada but also an accelerated timetable for our expansion plans in the US, with an initial production facility of 360M Gallons per annum in Natchez, planned to begin operations by the summer of 2008," said Dr. Cavasin. "The amounts of forestry and agricultural waste available in Natchez are simply mind-boggling and the new expansion project will put it to good use. Together, we will change the fuel industry as we know it forever, one waste pile at a time, improving the energy sector worldwide and with it, the environment our children will inherit from us," further added Dr. Cavasin.

"After having spent several weeks working on this agreement, I can only point out that selling controlling interest may be the most important, but also the best possible decision I ever made. This is a first step towards revolutionizing the fuel industry while providing a truly green, zero waste operation, for the benefit of the project, our shareholders and the environment," answered Dr. Cavasin when asked how he felt about handing control of the project.

About Alcar Chemicals Group

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Posts: 5178 | From: Up North | Registered: Dec 2005  |  IP: Logged |