Alliance Bioenergy Plus, Inc. Appoints Anthony E. Santelli II, as Director
May 08, 2018 at 03:12 pm
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On May 4, 2018, the Board of Directors of Alliance Bioenergy Plus, Inc. appointed Anthony E. Santelli II, Ph.D. as a director of the Company, effective immediately, to serve until the next election of directors or appointment of their successors. Dr. Anthony Santelli II has managed money for 18 years and is the Founder and Chief Executive Officer of AES Capital. Dr. Santelli is an entrepreneur who has started or helped finance various private companies and micro-cap publicly traded companies concentrating in the mining and energy fields. Previously, he was on the Board of Directors of American Manganese (AMY.V), and was the CFO of Haber, Inc. From 1987-1990, he was a Senior Management Systems Consultant at Andersen Consulting.
Blue Biofuels, Inc. is a technology company focused on emerging technologies in the renewable energy, biofuels, and bioplastics sectors. The Company has developed a technology system it calls Cellulose-to-Sugar (CTS). The CTS is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. The CTS system converts plant-based feedstock into one primary product, soluble sugars, which can be further processed into cellulosic ethanol and other biofuels like jet fuel, and potentially into bio chemicals. CTS is a sustainable and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material grasses, forestry products, and agricultural waste, such as sugarcane bagasse and wheat straw into sugars and lignin may be further processed into a variety of products. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel.