Stratos Renewables Participates at Rohstoffmesse Equity Capital Conference
14 November 2008 - 1:46AM
Business Wire
Stratos Renewables Corporation (OTCBB: SRNW), an emerging company
developing a South American sugarcane ethanol operation, today
announced that its Chief Strategy Officer, Sanjay Pai, presented
the company�s business proposition to members of the investment
community and industry leaders at the Rohstoffmesse Equity Capital
Conference in Frankfurt, Germany. �Stratos is emerging as one of
Latin America�s most promising renewable fuel companies, and the
reception from yesterday�s audience reinforced our contention that
there continues to be strong interest in renewable fuels from Latin
America and other emerging markets,� said Mr. Pai. �Based on the
demonstrated success in their homeland alternative energy
endeavors, Europe offers a sophisticated biofuel and alternative
energy investor market that understands the capital needs of
emerging players in the space, as well as the benefits of sugarcane
ethanol versus other feedstocks. With sugarcane ethanol a unique
biofuel that does not produce net carbon emissions, Stratos is well
positioned to become a major supplier to the US, Europe and other
regions.� Mr. Pai has vast experience with some of Brazil�s top
sugarcane ethanol companies. He is Stratos� chief strategist and
one of Latin America�s leading experts on sugarcane ethanol and
Peru�s potential for becoming a formidable supplier of ethanol to
trading partners in countries including the United States, Asia and
the EU. About Stratos Renewables Stratos Renewables is committed to
becoming a leader in Latin America's rapidly emerging sugarcane
ethanol industry, a growing segment of the larger renewable fuel
industry. The company believes Peru's economic growth and
expansion, illustrated by recent exponential growth in foreign
direct investment, and GDP growth over the last five years, adds to
Peru's promise as an attractive geographical location for the
cultivation, processing, distribution and use of alternative fuels.
In addition, rating agency DBRS has recently assigned
investment-grade credit ratings to Peru's long-term foreign and
local currency debt. For more information about Stratos Renewables,
please visit: www.stratosrenewables.com. About Ethanol Ethanol is a
clean burning, high octane biofuel produced from grain, which is a
renewable source, and can be grown year after year. In its most
basic sense, ethanol is a grain alcohol produced from sources such
as sugar. Pure 100% ethanol is normally not used as a replacement
for gasoline, but the integration of up to 20% ethanol into a
gasoline supply can cut down on not only the amount of oil
consumed, but also on the emissions generated by the burning of
that fuel. Ethanol significantly reduces harmful exhaust emissions,
which contribute to global warming. The United Nations expects all
biofuels to account for a full 25% of world energy needs by 2025.
Notice Regarding Forward-Looking Statements This news release
contains �forward-looking statements,� as that term is defined in
Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange
Act of 1934, as amended. Statements in this press release which are
not purely historical are forward-looking statements and include
any statements regarding beliefs, plans, expectations or intentions
regarding the future. Since the forward-looking statements relate
to future developments, results or events, these statements are
highly speculative and involve risks, uncertainties and assumptions
that are difficult to assess. You should not construe any of these
statements as a definitive or invariable expression of what will
actually occur or result. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release and the Company and Stratos assume no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Although the Company believes that
the beliefs, plans, expectations and intentions contained in this
press release are reasonable, there can be no assurance those
beliefs, plans, expectations, or intentions will prove to be
accurate. Investors should consider all of the information set
forth herein and should also refer to the risk factors disclosed in
the Company's periodic reports filed from time to time with the
Securities and Exchange Commission and available at www.sec.gov.
Stratos Renewables (PK) (USOTC:SRNW)
Historical Stock Chart
From Jun 2024 to Jul 2024
Stratos Renewables (PK) (USOTC:SRNW)
Historical Stock Chart
From Jul 2023 to Jul 2024