Alliance BioEnergy +, Inc. (“ALLM”) (OTCQB: ALLM) is a publicly traded company, operating through various subsidiaries and their affiliates. 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 commercial pilot/demonstration and research facility, Ek Laboratories, LLC (“Ek”), came online in early 2015. Under the direction of CTS™ inventor Dr. Richard Blair this facility is running the CTS process, at a commercial scale, and is providing licensees with real time analytics. Ek is also 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.