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Where's the news that was supposed to come out about this? What about the name change? Kinda like this stock just fell off the planet!!!!
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To APPI/World Health Energy shareholders and interested investors:
The company has been receiving a number of phone calls and e-mails on the company's progress recently, so we wanted to take this opportunity to provide the following information.
The company anticipates releasing PR in the near future regarding the company's financing for the previously announced two biodiesel plants planned in KY and FLA along with details on the start of construction of the plants.
It is expected to take only about 90-120 days from the start of plant construction to beginning biodiesel production. Shareholders should expect a symbol change announcement to reflect the company's corporate name change to World Health Energy Holdings. The change will be automatic in shareholders' brokerage accounts. The company is pursuing tax advantaged benefits offered to alternative energy producers. Government intervention should play a role in raising biodiesel demand. The energy bill passed in July extended an existing tax incentive for biodiesel. The government currently pays a 99 cents-per-gallon subsidy to biodiesel manufacturers. The Environmental Protection Agency (EPA) will put new rules in place requiring refiners to reduce sulfur content in diesel fuel beginning next year. Biodiesel is nearly sulfur-free, so it might become a standard fuel additive. Why enter the diesel market?
About 62 billion gallons of standard diesel are consumed annually in the U.S. and 85 billion gallons are consumed in Europe. In 2004, only 25 million gallons of biodiesel were produced. In 2005, the figure jumped to 75 million and ballooned to 300 million gallons in 2006. According to one report , analysts are predicting that it will double again in 2007.
Big players are entering the market as it becomes clear that the future of biodiesel is bright. Archer Daniels Midland (NYSE: ADM) is working on a 50 million-gallon facility andt VeraSun (NYSE: VSE) announced last Fall that that company is planning on building a 30 million-gallon facility. This exponential growth is expected to continue as the environmental benefits of biodiesel become better understood, and as General Motors (NYSE: GM), Honda (NYSE: HMC), and DaimlerChrysler (NYSE: DCX) all begin manufacturing automobiles capable of running on diesel in the next few years. All three are expected to have such vehicles on the road by 2009.
According to the Energy Information Administration (EIA), the new emission standards and the number of new diesel-capable vehicles could increase demand to more than 1 billion gallons a year by 2010. Another industry report is even more bullish with a forecast of demand growth up to 2 billion gallons in the U.S and 2.5 billion gallons in Europe by 2010. Regulations reducing greenhouse gases are driving demand in both markets. At the tailpipe, biodiesel emits 43 percent less carbon monoxide and 55 percent fewer particulates.
For you information.
Investor Relations for APPI/World Health Energy IR*advancedplantpharma.com 404-261-1196
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Press Release Source: Advanced Plant Pharmaceuticals, Inc.
CTO of APPI/World Health Energy, a Biodiesel Company, Interviewed by WallSt.net Wednesday April 11, 9:45 am ET
Interview Highlights Plans for Two Biodiesel Plant and Alternative Energy Market Sector Opportunity
NEW YORK, NY--(MARKET WIRE)--Apr 11, 2007 -- Mr. Edwin Zhao, Chief Technology Officer of APPI/World Health Energy (OTC BB:APPI.OB - News), updated the investment community on the company's progress with it biodiesel business plan in an exclusive interview with www.wallst.net. Topics discussed included the pending financing for two biodiesel plants, tax incentives to alternative energy producers and the company's intent to utilize a unique process for biodiesel production. In addition, Mr. Zhao divulged the company's long-term plan to enter the ethanol market. To hear the interview in its entirety, visit www.wallst.net, and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the company's ticker symbol in the Search Archive window.
To receive company press releases and industry updates, investors should please send an e-mail to ir*globalgeneraltechnologies.com
About World Health Energy, Inc. (http://www.worldhealthenergy.com)
World Health Energy, Inc. is a renewable energy company focused on developing and producing alternative fuels. The company plans to use renewable, cost-effective agricultural products domestically and internationally to develop natural alternative fuels.
About Advanced Plant Pharmaceuticals, Inc. (http://www.advancedplantpharm.com)
Advanced Plant Pharmaceuticals, Inc.has focused on the research and development of whole plant-based nutritionals and has recently announced a shift in focus in its business plan to the production of environmentally friendly, alternative fuel production.
"Safe Harbor Statement" Under The Private Securities Litigation Reform Act Of 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause Advanced Plant Pharmaceuticals, Inc.'s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Contact: Contact: Advanced Plant Pharmaceuticals, Inc. Investor Relations LC Group Rick Lutz (404) 261-1196 ir*advancedplantpharm.com
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-------------------------------------------------------------------------------- Source: Advanced Plant Pharmaceuticals, Inc.
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