Consolidated Biofuels Announces New Funding Source
24 October 2006 - 7:00PM
Business Wire
Consolidated Biofuels, Inc. (OTC:CSBF), an alternative fuels
company, announced today, through its CEO, Daniel Honeycutt, that
it has recently entered into a non-exclusive contracted
relationship with Pier Strategic Investments, LLC, a Las Vegas,
Nevada-based organization, for the fundraising needs necessary to
meet the long-term strategic initiatives of Consolidated and its
associated partners. Pier is closely associated with high-net worth
individual and corporate entities that are overall principally
located on the West Coast of the United States and in the Far East
(Pacific Rim). Mr. Honeycutt further stated that. �Our relationship
with Pier has shown a vast improvement in the understanding of our
industry, and in the aggressiveness required in fulfilling the
needs of Consolidated than we have ever previously experienced with
our attempts to educate and positively engage several East
Coast-based funding sources. Pier, over a very short period, has
already introduced, sourced and assisted in funding a very much
needed and very significant portion of our outstanding Reg. D 504
offering. This has been an excellent beginning.� Mr. Turley, of
Pier stated, �We see the vision and opportunity that Consolidated
represents, and all of my associates understand that the future
belongs to alternative fuels. We, our friends, our families, our
associates, all of us, for our own good, for the good of the
environment, but mostly for the good of this country, need to be
very seriously interested and invested in this industry.� About
Consolidated Biofuels, Inc. Consolidated Biofuels, Inc. is a
development-stage, alternative fuels company that has aligned its
business strategies, research, consulting, alternative fuels
solutions and environmental strategies with the needs of the
commercial transportation industry, including trucking, railway,
and waterway/shipping modalities. For further information visit our
new website: http://www.CBioIntl.com This press release contains
some forward-looking statements. Forward-looking statements involve
estimates, projections goals forecasts, assumptions, risk and
uncertainties that could cause actual results or outcomes to differ
materially from those expressed in the forward-looking statements,
and are current as of the date on which such statements are made.
We undertake no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events,
or otherwise. Forward-looking statements in this document should be
evaluated together with the many uncertainties that affect our
business. Consolidated Biofuels, Inc. (OTC:CSBF), an alternative
fuels company, announced today, through its CEO, Daniel Honeycutt,
that it has recently entered into a non-exclusive contracted
relationship with Pier Strategic Investments, LLC, a Las Vegas,
Nevada-based organization, for the fundraising needs necessary to
meet the long-term strategic initiatives of Consolidated and its
associated partners. Pier is closely associated with high-net worth
individual and corporate entities that are overall principally
located on the West Coast of the United States and in the Far East
(Pacific Rim). Mr. Honeycutt further stated that. "Our relationship
with Pier has shown a vast improvement in the understanding of our
industry, and in the aggressiveness required in fulfilling the
needs of Consolidated than we have ever previously experienced with
our attempts to educate and positively engage several East
Coast-based funding sources. Pier, over a very short period, has
already introduced, sourced and assisted in funding a very much
needed and very significant portion of our outstanding Reg. D 504
offering. This has been an excellent beginning." Mr. Turley, of
Pier stated, "We see the vision and opportunity that Consolidated
represents, and all of my associates understand that the future
belongs to alternative fuels. We, our friends, our families, our
associates, all of us, for our own good, for the good of the
environment, but mostly for the good of this country, need to be
very seriously interested and invested in this industry." About
Consolidated Biofuels, Inc. Consolidated Biofuels, Inc. is a
development-stage, alternative fuels company that has aligned its
business strategies, research, consulting, alternative fuels
solutions and environmental strategies with the needs of the
commercial transportation industry, including trucking, railway,
and waterway/shipping modalities. For further information visit our
new website: http://www.CBioIntl.com This press release contains
some forward-looking statements. Forward-looking statements involve
estimates, projections goals forecasts, assumptions, risk and
uncertainties that could cause actual results or outcomes to differ
materially from those expressed in the forward-looking statements,
and are current as of the date on which such statements are made.
We undertake no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events,
or otherwise. Forward-looking statements in this document should be
evaluated together with the many uncertainties that affect our
business.
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