Consolidated Biofuels Announces Corporate Actions.DALLAS -- Consolidated Biofuels, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CBIO CBIO Counterbattery Intelligence Officer ), an alternative fuel company, announced today that on January 25, 2006, the Board unanimously voted, and obtained the written consents from the requisite number of shareholders, to approve the appointment of Jim Blair and Kara Kara (kär`ə), river, c.140 mi (230 km) long, NE European and NW Siberian Russia. It flows N from the N Urals into the Kara Sea, forming part of the traditional border between European and Asian Russia. It is navigable in its lower course. Greuel as directors to serve until the next annual meeting of shareholders; to approve a resolution permitting the Board to implement a 1 for 15 reverse stock split to be effective February 6, 2006; to approve a resolution adopting the 2006 Stock Incentive Plan and reserving 666,667 shares pursuant thereto (post-split); and to ratify ratify v. to confirm and adopt the act of another even though it was not approved beforehand. Example: An employee for Holsinger's Hardware orders carpentry equipment from Phillips Screws and Nails although the employee was not authorized to buy anything. the selection of Sutton Robinson Freeman & Co., P.C. as independent auditors Independent Auditor An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report. Notes: These auditors aren't affiliated with the company being audited. for the fiscal year ending December 31, 2005 and 2006. About Consolidated Biofuels Consolidated Biofuels is planning to construct and operate six 30 million gallon production facilities and is dedicated to a cleaner America by increasing the availability of biodiesel fuel nationwide and expanding the effort to reduce pollution caused by petroleum diesel fuels. Through tactical relationships and experienced management, Consolidated plans to amalgamate its resources to greatly enhance the facilities' capabilities, allowing the Company to realize economies of scale advantages. Additional advantages encompass improved management systems and advanced technical solutions. For further information visit: http://www.consolidatedbiofuels.com. |
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