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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 difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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