ALL Fuels & Energy to Pursue Development of Second Line of Enzymes.DES MOINES, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, -- ALL Fuels & Energy (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AFSE AfSE Association for Supported Employment (UK) AFSE Association Française de Sciences Économiques AFSE Association Franco-Slave des Etudiants AFSE Association Française du Syndrome d’Evans AFSE Angel Flight Southeast, Inc. ) announced that its subsidiary, AFSE Enzyme, has entered into negotiations to acquire the rights to a second line of related enzymes that have boosted ethanol production by nearly 10% in field tests. Following the first round of negotiations, AFSE Enzyme is optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op that its efforts will be successful. With the enzyme cocktail AFSE Enzyme expects to increase the ethanol yield per bushel bushel: see English units of measurement. of corn processed. The complement of the 'super enzyme' patented enzyme production process and the yield increase expected of the enzyme cocktail; we attack the most expensive operating cost of any ethanol plant, feedstock. With this synergy, we expect to use less feedstock and have dramatic reduction of enzyme operating cost in the ethanol plants. "We are excited to have begun the process of obtaining the rights to an enzyme cocktail that has yielded nearly a 10% increase in ethanol production testing at more than one commercial ethanol plant," said Dean Sukowatey, AFSE President. "We believe this enzyme cocktail will serve as an effective complement to the patented process of our 'super enzyme'." About ALL Fuels & Energy Company Visit the company online at: www.allfuelsandenergy.com. ALL Fuels & Energy Company is a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. To date, AFSE has: obtained $2.3 million in private equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. ; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa Manchester is a city in Delaware County, Iowa, United States. The population was 5,257 at the 2000 census. As of the 2005 population estimates, Manchester's population was 5,052. It is the county seat of Delaware CountyGR6. ; and investigated and become involved in the potential acquisition of one or more existing ethanol production facilities, as well begun testing on "super" enzymes for use in ethanol production. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire one or more ethanol production facilities. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about ALL Fuels & Energy's future business and financial results, refer to ALL Fuels & Energy's Annual Report on Form 10-KSB for the year ended December 31, 2007. ALL Fuels & Energy undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise. |
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