AlgoDyne Ethanol Energy Inc. (OTCBB:ADYN) announced that it is currently negotiating partnerships in the Direct-Alcohol-Fuel-Cell (DAFC) field to provide a cutting-edge system.
In order to produce electricity from ethanol directly, AlgoDyne has devoted substantial development resources to DAFC research. DAFCs generate power through the direct oxidation of alcohol in conjunction with the reduction of oxygen. AlgoDyne’s dedicated team of scientists have achieved significant efficiency compared to existing DAFC designs and anticipate completing a prototype very soon.
AlgoDyne’s proprietary mico-algae-based (phytoplankton) technology provides a powerful means to produce clean, renewable energy from the continual harvest of bio-mass from Photo-Bioreactors. The end result is the production of ethanol, methanol, biodiesel, electricity, coal and animal feed – all in a carbon dioxide neutral way.
AlgoDyne, probably through a marketing rep, has engaged in spamming my mailbox. I have attempted to contact the company to request that my name be removed from their solicitations and can not find the proper channel to get this changed. Therefore it raises questions, in my mind, about the ethics of a company who will spam endlessly and not provide a method of contact.
Posted by: Steve Mankin | December 27, 2006 at 12:30 PM
Hmm. Looking over the ADYN Yahoo! Finance page linked to in this article doesn't exactly inspire a lot of investor confidence in this company. Their main line of business appears to be collecting old clothing and toys from charities for resale. Or perhaps that was simply a shell company that has nothing to do with their business.
A lone 26-year-old holds all executive titles: CEO, CFO, treasurer, accountant, secretary (or is that the shell company again?).
A google search doesn't turn up much more than a report that their stock is being promoted by spam. No discussion of patents that I could find, other than some medical products from an Israeli company with the same name (any relationsip?). No analyst estimates.
$100M market cap for that?
Posted by: John F. | December 27, 2006 at 12:50 PM
I would be willing to bet there is fraud going on with this company.
Posted by: Luigi Aronson | December 27, 2006 at 07:17 PM
Its a very good website about Energy. People should be aware about different types of energy and their source. We can share our opinions about energy.
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Harry
California DUI
Posted by: HarryHarry | September 16, 2008 at 05:34 AM
Phycotech's VSA photobioreactor is a technological breakthrough of photobioreactor design. The patent pending Vertical Serpentine Airlift photobioreactor incorporates positive features from each of the traditional photobioreactor designs such as tubular, flat panel and bubble column while leaving behind the negative aspects.
Posted by: photobioreactor | October 07, 2011 at 11:41 AM