As a result of the announced…

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013-3738

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9784

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As a result of the announced policy changes, and the withdrawal of funding from the LCIF, my company will now pursue its efforts to commercialize its renewable energy solution that converts forest waste and residuals into liquid hydrocarbons (that may be used to displace fossil-fuel derived gasoline, diesel, kerosene, home heating oil, aviation fuel and petroleum-derived chemicals such as phenolic compounds) in the United States, and more specifically in the state of Maine where we can address the 350 million gallon per year demand for home heating oil - a half-billion dollar market opportunity.