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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?


To: shashyazhi who wrote (5941)3/1/1999 1:06:00 PM
From: JustMy2Cents  Respond to of 6464
 
Southern States Power Co. Buys Oil Extraction Plant In
Mexico to Produce Bio-Diesel

PR Newswire - March 01, 1999 11:46

CHULA VISTA, Calif., March 1 /PRNewswire/ -- BAT International (OTC Bulletin Board:
BAAT) today issued the following release:

Southern States Power Company (OTC Bulletin Board: SSPC) has purchased an oil extraction
plant in Mexico to produce bio-diesel for U.S. and Mexican markets in response to new
environmental protection laws. The facility was designed with state of the art equipment. The
plant is in excellent condition and has only been in operation a total of 1000 hours. Production
capacity is approximately 7 million gallons of oil/year, plus feed meal by-product. Details of
location & purchase price remain confidential for competitive reasons.

The plant is located on 3 hectares of land near a major city in Mexico. Equipment in the plant
includes oil extraction machinery, rail siding for transportation, meal and seed/bean unloading and
loading equipment, oil storage tanks, boiler and steam generator equipment and offices and labs.
The plant was purchased in late 1998. Approximately 45 people were hired in early January to
refurbish electrical and mechanical equipment and paint buildings. The plant is now fully
refurbished and ready to enter into agricultural processing in the near future. SSPC has reached
confidential agreements with the farmers in the region to allow purchase of soybeans at a set
price for a 15 year period. This will provide price certainty for raw material supplies that will
help insure plant profitability.

Several laws and air quality management agreements that are just going into effect in 1999 will
sharply impact demand for bio-diesel fuel:

1. The California Air Resources Board recently ruled that small
particulates are a toxic health hazard. New fines for exceeding smoke
limits will go into effect in April, 1999 that will lead to $5,000
fines for trucks on a second violation, and forfeiture of the truck for
failure to pay. Mexican trucks crossing the border to deliver in LA
will be a focus of enforcement actions because engines & fuel are so
dirty.

2. The Transportation Equity Act of the 21st Century allows fleets or
heavy duty equipment affected by alternative fuel mandates to meet
requirements with a diesel engine vehicle operating on 20% bio-diesel,
80% petroleum. Off-road heavy-duty equipment using alternative fuels
will be given bid preferences and equipment operating advantages on
highway construction contracts. Funding is available in the bill for
purchase of bio-diesel fuel and fueling facilities.

3. The Interstate Clean Transportation Corridor consists of interstate
highway systems in four Western states (CA, AZ, NV, UT). The states
are working together to provide alternative fuel stations for trucks in
the ICTC. Many trucks may use bio-diesel, particularly in California
to avoid smoke violation fines.

Bio-diesel fuel can be used in existing diesel engines with little or no modifications as an
alternative fuel. Use of the fuel leads to much lower emissions while also improving engine
lubricity and providing other benefits. The recent change in the alternative fuel requirements that
allows 20% bio-diesel to qualify will create a strong demand among the more than 8 million fleet
vehicles in the U.S. All of these fleet vehicles will be impacted in the near future by alternative
fuel rules. Some fleets such as federal, state and utility fleets must purchase 75-90% alternative
fuel vehicles starting this year. Bio-diesel is the lowest cost alternative fuel option for many
fleets because diesel vehicles can be utilized and fueling infrastructure costs are very low
compared to natural gas, ethanol, methanol or electricity. Over 12 million gallons of diesel fuel is
consumed daily in California alone. Even a very small shift in the consumption of diesel
represents a tremendous market opportunity for bio-diesel.

Southern States Power Company (SSPC) was formed in March, 1998 to provide lower cost
electric utility services to consumers in states that are deregulating gas and electric utilities. SSPC
has subsequently expanded business activities and formed several Divisions and joint ventures to
enter into composite auto manufacturing, "Oxy-Green" fuel production and fuel cell development
and manufacturing (for more information see the SSPC web site at www.sspowerco.com).

This press release contains forward-looking statements that should not be used to make an
investment decision. Please refer to the SSPC web site (www.sspowerco.com) and other sources
for detailed information, or call Michael Sealey at 318-221-5703.

SOURCE Southern States Power Company

/CONTACT: Michael Sealey of Southern States Power Company, 318-221-5703/

/Web site: sspowerco.com



To: shashyazhi who wrote (5941)3/2/1999 3:36:00 PM
From: DonP  Read Replies (1) | Respond to of 6464
 
Don't waste money on BAAT. It's a scam. ZAP Ships $100K in Orders.
If you really want to invest in environmental vehicles, here's a
suggestion. (With all Joe's BS he could provide the world with all the methane it needs. Forget the bio-deisel.)

03/01/1999 - ZAP Names France Agent, Ships $100K in Orders
Sebastopol, Calif. - ZAP Power Systems announced today it has named an
exclusive representative in France for its electric bikes, bike kits and scooters and has already shipped more than $100,000 worth to customers there. The agent, Michel Grunberg of Energecycle, said he believes the zero-emission vehicles will be popular in France because of increasing concerns about air pollution, particularly in a number of areas where city centers are closed to conventional vehicles during smog emergencies. His company has been test-marketing ZAP products there for more than one year. To accommodate France's motor-vehicle standards, ZAP has redesigned its drive system to conform to French requirements. ZAP has already lined up a number of representatives for Europe, including Great Britain, the Netherlands, Belgium, Switzerland and Italy.