Alliance BioEnergy +, Inc. (“ALLMQ”) (PINK: ALLMQ) is a publicly traded company, emerging from Chapter 11 bankruptcy. ALLM’s subsidiary, AMG Energy Group, LLC (“AMG”), owns 50% of Carbolosic, LLC (in a joint venture with Thor Renewable Energy Singapore) and exclusively the territories of North America and Africa. Carbolosic, LLC holds the exclusive worldwide license for the patented CTS™ process, developed and owned by the University of Central Florida, which converts cellulose into commercial grade sugars, fine chemicals and other highly valuable products. ALLM intends to focus on the production of these commercial products through company-owned and licensed facilities.
Our business strategy is to joint venture, sell multiple license territories, single plant licenses, as well as own and operate company-owned facilities. In addition, ALLM is actively exploring other “green” or renewable technologies that are beyond the development stage and already commercialized for possible acquisition or strategic partnerships.
ALLM’s research facility, Ek Laboratories, LLC (“Ek”), came online in early 2015. Ek is expanding the Company’s current portfolio of patents while exploring alternate pathways and new technologies. The goal is to create a family of patents owned by ALLM and its affiliates.