Sustainable Power Corp Information Review
Sustainable Power Corporation (SSTP) has been making some very impressive claims about a bio-crude oil product they are producing called Vertroleum (virtual petroleum?). Consisting of agricultural "waste" like cotton seed shells, cracked soy beans, milo, rice, and other grains. Founded in 2006 Sustainable Power Corp delivers a patented way to produce their fuel and will assist in the creation of power plants to do so along with planning, engineering, and assembly services. Their website makes the following claim:
"The company offers a significant energy advancement that creates three times more fuel per feedstock unit than any other biofuel or biodiesel production process. The company has engineered the first bio-renewable fuel able to serve as a replacement to petroleum diesel, with superior weather resistance, performance value, and anti-corrosiveness over other green fuels."
Sustainable Power Corp reports that Vertroleum can be refined into gasoline, jet fuels, and nearly any other petrochemical that regular fossil fuels are currently providing. The benefit here is that this product doesn't have to be shipped across the world or come from war torn areas. It also wouldn't release sequestered CO2 from within the earth, but it still would release CO2 as it was burned as opposed to solar or wind power solutions.
In an interview posted by Slashdot the CEO is quoted as saying: 'Our biggest problem is that we are too good to be true. We can literally replace every gallon of gasoline, diesel and jet fuel in the United States using just 12 percent of the waste byproducts in the country.' along with this statement it was said that the Vertroleum product burns at near 100% efficiency.
"The company offers a significant energy advancement that creates three times more fuel per feedstock unit than any other biofuel or biodiesel production process. The company has engineered the first bio-renewable fuel able to serve as a replacement to petroleum diesel, with superior weather resistance, performance value, and anti-corrosiveness over other green fuels."
Sustainable Power Corp reports that Vertroleum can be refined into gasoline, jet fuels, and nearly any other petrochemical that regular fossil fuels are currently providing. The benefit here is that this product doesn't have to be shipped across the world or come from war torn areas. It also wouldn't release sequestered CO2 from within the earth, but it still would release CO2 as it was burned as opposed to solar or wind power solutions.In an interview posted by Slashdot the CEO is quoted as saying: 'Our biggest problem is that we are too good to be true. We can literally replace every gallon of gasoline, diesel and jet fuel in the United States using just 12 percent of the waste byproducts in the country.' along with this statement it was said that the Vertroleum product burns at near 100% efficiency.
Biomass Resources
Biomass Companies
http://www.biodieselmagazine.com/article.jsp?article_id=2608
SEC files complaint against U.S. Sustainable Energy
By Bryan Sims
Web exclusive posted August 6, 2008 at 10:37 a.m. CST
A civil complaint filed in U.S. District Court by the U.S. Securities and Exchange Commission alleges that U.S. Sustainable Energy Corp., a Natchez, Miss.-based biofuels company, used a “pump-and-dump” scheme to illegally make more than $721,000 on its own stock.
According to the filing, U.S. Sustainable Energy allegedly used false misleading statements, press releases and oral statements to inflate its share price between October 2006 and February 2007...