BRKM...These negotiations are consistent with the Company's strategic objectives of expanding its reach in the Biofuels industry. The Company being considered has developed a business model which is built on the successful conversion of used cooking oil. Biodiesel is produced from vegetable oils, yellow grease, and tallow. The production process converts oils and fats into chemicals called long-chain mono alkyl esters, or biodiesel.
Further Details will be forthcoming as negotiation terms are established and solidified.
The Company recently announced that its Proprietary Biodegradable glycerin based form and asphalt release product is successfully concluding its initial real world testing, with positive results.
