Consolidated Biofuels Announces Letter of Intent with International Bio Fuels Corporation for Equity - 500 Beiträge pro Seite

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Consolidated Biofuels Announces Letter of Intent with International Bio Fuels Corporation for Equity Investment
Tuesday October 17, 5:00 am ET

CHICAGO--(BUSINESS WIRE)--Consolidated Biofuels, Inc. (OTC: CSBF - News), an alternative fuels company, announced today, through its CEO, Daniel Honeycutt, that, "We have recently executed a Letter of Intent with International Bio Fuels Corporation, a private company headquartered in Vancouver, Washington, that will, when formalized, provide a substantial equity investment by International into Consolidated."

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Mr. Honeycutt further stated that, "I am very pleased, for the Company and for its shareholders, that, after many weeks of concentrated review, International has made a positive decision to make this very significant, albeit preliminary, commitment of equity investment into Consolidated."

International's President, Mr. Marty Johnson, stated, "We have looked at almost every public company in the biodiesel industry and believe that Consolidated's business strategy, particularly its feedstock sourcing, technology and international focus, line up very well with our own. I think Daniel is correct when he says that, 'Consolidated is at the right place, at the right time, and with the right team.' We look forward to partnering with Consolidated on many levels within the biofuels industry, and also to supporting their efforts with our financial resources, advanced technology solutions and plant construction expertise."

Further details of this particular transaction will be announced after professional advisors for both companies have completed their productions and a formal Agreement has been executed by both parties.

About International Bio Fuels Corporation

International Bio Fuels Corp. is a leading Biofuels company dealing in both ethanol and biodiesel. IBF was featured at this year's International Biofuels Symposium in Beijing, China. The topic of IBF's invited presentation was Emerging Technologies. To learn more about IBF, go to www.ibfco.com.

About Consolidated Biofuels, Inc.

Consolidated Biofuels, Inc. is a development-stage, alternative fuels company that has aligned its business strategies, research, consulting, alternative fuels solutions and environmental strategies with the needs of the commercial transportation industry, including trucking, railway, and waterway/shipping modalities.

For further information visit our new website: http://www.CBioIntl.com

Investor Relations Contact: InaCord Consulting, LLC
Karen Graham
[phone]
Email: [e-mail]

This press release contains some forward-looking statements. Forward-looking statements involve estimates, projections goals forecasts, assumptions, risk and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements, and are current as of the date on which such statements are made. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.

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Consolidated Biofuels Announces New Funding Source
Tuesday October 24, 5:00 am ET

CHICAGO--(BUSINESS WIRE)--Consolidated Biofuels, Inc. (OTC:CSBF - News), an alternative fuels company, announced today, through its CEO, Daniel Honeycutt, that it has recently entered into a non-exclusive contracted relationship with Pier Strategic Investments, LLC, a Las Vegas, Nevada-based organization, for the fundraising needs necessary to meet the long-term strategic initiatives of Consolidated and its associated partners. Pier is closely associated with high-net worth individual and corporate entities that are overall principally located on the West Coast of the United States and in the Far East (Pacific Rim).

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Mr. Honeycutt further stated that. "Our relationship with Pier has shown a vast improvement in the understanding of our industry, and in the aggressiveness required in fulfilling the needs of Consolidated than we have ever previously experienced with our attempts to educate and positively engage several East Coast-based funding sources. Pier, over a very short period, has already introduced, sourced and assisted in funding a very much needed and very significant portion of our outstanding Reg. D 504 offering. This has been an excellent beginning."

Mr. Turley, of Pier stated, "We see the vision and opportunity that Consolidated represents, and all of my associates understand that the future belongs to alternative fuels. We, our friends, our families, our associates, all of us, for our own good, for the good of the environment, but mostly for the good of this country, need to be very seriously interested and invested in this industry."

About Consolidated Biofuels, Inc.

Consolidated Biofuels, Inc. is a development-stage, alternative fuels company that has aligned its business strategies, research, consulting, alternative fuels solutions and environmental strategies with the needs of the commercial transportation industry, including trucking, railway, and waterway/shipping modalities.

For further information visit our new website: http://www.CBioIntl.com

This press release contains some forward-looking statements. Forward-looking statements involve estimates, projections goals forecasts, assumptions, risk and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements, and are current as of the date on which such statements are made. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.

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Consolidated Biofuels Assumes Lead Position in Regional Joint Venture with International Bio Fuels Corp.
Tuesday November 14, 4:45 am ET

CHICAGO--(BUSINESS WIRE)--Consolidated Biofuels, Inc. (OTC:CSBF - News). Mr. Daniel L. Honeycutt, CEO of Consolidated Biofuels, Inc. recently announced that International Bio Fuels (IBF) and Consolidated Biofuels (C:Bio) have entered into a joint venture agreement in which Consolidated has agreed to take the overall lead in the development and subsequent requirements of all of IBF's planned biodiesel projects that are located principally within the Mississippi Valley Corridor. The terms of the agreement include full continuing project support of the current IBF projects that are already underway in Arkansas and Mississippi.

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In consideration of the full provision of Consolidated's project support, C:Bio will receive a participation interest in each of the completed alternative fuels projects.

Mr. Honeycutt further stated that, "We know this particular region very well, and I am pleased that we have now become a value-added resource and full joint venture participant in moving the IBF/Consolidated regional strategic initiative forward. I am also pleased that the shareholders of Consolidated will soon begin to realize the benefits of several months of effort in building our relationship with IBF and its associated entities."

Mr. Marty Johnson, President of International Biofuels stated, "As JV partners, we have more hard work ahead of us. However, Consolidated has already shown us that it is fully capable of moving our projects in this U.S. region forward to a positive conclusion. This agreement will free us somewhat to concentrate more on our U.S. Coastal, Asia and Africa planning."

About International Bio Fuels Corporation

International Bio Fuels Corp. is a leading Biofuels company dealing in both ethanol and biodiesel. IBF was featured at the 2006 International Biofuels Symposium held recently in Beijing, China. The topic of IBF's presentation was Emerging Technologies. To learn more about IBF, go to www.ibfco.com.

About Consolidated Biofuels, Inc.

Consolidated Biofuels, Inc. is a development-stage, alternative fuels company that has aligned its business strategies, research, consulting, alternative fuels solutions and environmental strategies with the needs of the commercial transportation industry, including trucking, railway, barge and tanker shipping modalities.

For further information visit our new website: http://www.CBioIntl.com

This press release contains some forward-looking statements. Forward-looking statements involve estimates, projections goals forecasts, assumptions, risk and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements, and are current as of the date on which such statements are made. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.

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Consolidated Biofuels Announces Proposed Acquisition of International Bio Fuels Corp.
Thursday February 22, 4:45 am ET

CHICAGO--(BUSINESS WIRE)--Consolidated Biofuels, Inc. (OTC:CSBF - News), an alternative fuels company, announced yesterday, through its CEO, Daniel Honeycutt, that Consolidated Biofuels has recently offered, and IBF has accepted, CSBF's offer to purchase 100% of the assets of privately-held International Bio Fuels Corporation (IBF) headquartered in Vancouver, WA. The parties have executed a Memorandum of Understanding for Merger document, and thereby the parties anticipate a final acquisition of the assets of IBF to be accomplished within 60 days, contingent upon the successful completion of a formalized due diligence process and exchange of appropriate considerations.

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IBF has several active and development-stage projects in the United States, Asia, and Africa. Honeycutt stated, "As previously announced, CSBF and IBF already share significant synergies in vision, business model, and strategic corporate initiatives, which makes for a seamless and swift consolidation." Honeycutt further stated that, "This acquisition represents the first step in our mutual strategic vision with IBF that is designed to move this enterprise into full operational status in the biofuels industry, and we are confident that, over time, this acquisition will deliver considerable value to our shareholders and employees."

IBF brings with it a strong management team and an extensive international reputation in the biofuels industry, as was evidenced by IBF's recent presentation at the International Biofuels Symposium, held in Beijing China, where IBF's spokesman presented on emerging technologies in both ethanol and biodiesel.

IBF's President, Marty Johnson, said, "We are very pleased to join the Consolidated Biofuels team, and together we will continue to build on Consolidated's well-considered current strategic shift toward total Cleantech industry synergies, especially concentrating on new technologies for the treatment of waste water, soil enhancement and increased crop production, which will solidify Consolidated's position relative to sustaining the feedstock that is required to effectively participate in the biofuels industry over the long term. Again, we intend to drive growth and expand our global reach, both of which will provide further opportunities to generate high production volumes and embrace leading-edge technologies."

Johnson continues, "Our goal, since day one, was to find ways to reduce the causes of global warming and work towards solutions that will enable us to position ourselves as true pioneers in the area of biofuels and clean technologies. We believe that clean energy and water best represent those core areas which need to be addressed on a national and international level in order for our children and our grandchildren to enjoy a healthy and prosperous life, and to live in an environment of which they can be proud."

About: To learn more about IBF, go to www.ibfco.com.

About: Consolidated Biofuels, Inc. is a development-stage, alternative fuels company that has aligned its business strategies, research, consulting, alternative fuels solutions and environmental strategies with the needs of the commercial transportation industry, including trucking, railway, and waterway/shipping modalities.

For further information visit our new website: http://www.CBioIntl.com

This press release contains some forward-looking statements. Forward-looking statements involve estimates, projections, goals, forecasts, assumptions, risk and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. Any forward-looking statement is current as of this date and speaks only as of the date such statement is made, and we undertake no such obligation to update any such forward-looking statement or statements to reflect events or circumstances after the date on which such statement or statements are made.


Contact:

InaCord Consulting, LLC
Investor Relations Contact:
Michael Honeycutt, 312-466-5701
President
[e-mail]

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