U.S. Sustainable Energy Corp. Announces Stock Symbol Change to "USSE"
NATCHEZ, MS, Nov 01, 2006 (MARKET WIRE via COMTEX) -- U.S. Sustainable Energy Corp. (PINKSHEETS: LFZA) (PINKSHEETS: USSE) announced today that its stock symbol has changed to USSE effective immediately. Furthermore, the company announced its name has officially been changed to U.S. Sustainable Energy Corp. with the State of Nevada.
John Rivera, CEO of USSEC stated, "After completing our recently announced entry into the public marketplace through our reverse merger with Laforza Automobiles, we immediately filed the necessary paperwork with the State of Nevada and the NASDAQ to change our name and symbol. We are extremely pleased to announce this development which is reflective of our business and corporate strategy."
About U.S. Sustainable Energy
USSEC holds patent pending technology for a new breakthrough biofuel and carbon based fertilizer. USSEC has successfully demonstrated the most cost effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered. |
