Amelot Holdings, Inc. On Course to Produce in Excess of 100 Million Gallons of Jatropha Oil Annually
 
Amelot Holdings, Inc. Announces Initial Agreement for 100,000 Hectare Plantation

  
AMHD .0005
Shares Outstanding 2,224,573,155 
Float: N/A
6/19/2008
 

 When it comes to renewable biofuel's the Jatropha plant is the way to go. Goldman Sachs recently cited Jatropha curcas as one of the best candidates for future biodiesel production. Amelot Holdings, Inc., is a diversified holding company ( Amelot Oil and Jatropha Biofuel Technologies) which has identified this as a projected $20 billion industry to manufacture renewable fuels to supply the growing demand and to reduce the dependency upon and environmental impact of fossil fuels. Amelot continues to aggressively build upon the assets already obtained in order to become a world-wide leader in the development of emerging Jatropha technologies and the production of Jatropha oil. The addition of Forrest "Bud" Stacy of Three Rivers Biofuel and former CEO of Oglethorpe power will be significant, Mr. Stacy has a track record of designing, constructing, and operating large scale energy plants. Mr. Stacy took Oglethorpe Power and turned it into a Fortune 500 top 50 utilities company.

  Today Amelot Holdings, Inc. takes great pleasure in announcing that the company has come to an initial agreement with an undisclosed company in Ghana for the development of an initial 100,000 hectare Jatropha plantation. The consulting firm's name was withheld as to help Amelot negotiate a 49-year lease with the land owners, organize local licenses, and provide initial logistics for the project.

The consulting firm will be responsible to ensure Amelot has all of the appropriate permits to form a company and then conduct Jatropha cultivation inside the sovereign country of Ghana. Ghana is considered a prime growing location for Jatropha; additionally, Ghana has access to sea shipping that will allow inexpensive transport of Amelot Jatropha oil around the world. When the plantation reaches maturity, the 200 million Jatropha trees on the plantation will conservatively produce 100 million gallons of Jatropha oil annually. Also, the 100,000 hectare plantation will create at least 2,200 jobs initially for the local community and create a new infrastructure that is desperately needed for the local economy.
 

 About Jatropha Biofuel Technologies

Jatropha Biofuel Technologies, Inc will offer a truly integrated approach, which will include all aspects of Jatropha research, development, and cultivation, including extracting technologies of Jatropha oils and the processing of high grade biodiesel. Through intensive research, JBTI will concentrate on harnessing the potential of high yield Jatropha species

About Jatropha
 
Jatropha is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like Jatropha curcas L.), from the family Euphorbiaceae. The name is derived from (Greek iatros = physician and trophe = nutrition), hence the common name physic nut. Jatropha is native to Central America and has become naturalized in many tropical and subtropical areas, including India, Africa, and North America. Originating in the Caribbean, Jatropha was spread as a valuable hedge plant to Africa and Asia by Portuguese traders.
 
Jatropha is seen by many to be the perfect biodiesel crop. It can be grown in very poor soils actually generating top soil as it goes, is drought and pest resilient, and it has seeds with up to 40% oil content. Currently the oil from Jatropha curcas seeds is used for making biodiesel fuel in Philippines, promoted by a law authored by Philippine senators Miriam Defensor-Santiago and Miguel Zubiri. Likewise, jatropha oil is being promoted as an easily grown biofuel crop in hundreds of projects throughout India and other developing countries. The rail line between Mumbai and Delhi is planted with Jatropha and the train itself runs on 15-20% biodiesel. In Africa, cultivation of Jatropha is being promoted and is grown successfully in countries such as Mali.

Here are some facts and figures about Jatropha relating to its growth as an oil product:

- Jatropha grows well on low fertility soils however increased yields can be obtained using a fertilizer containing small amounts of magnesium, sulphur, and calcium.
- Jatropha can be intercropped with many cash crops such as coffee, sugar, fruits and vegetables with the Jatropha offering both fertilizer and protection against livestock.
- Jatropha needs at least 600mm of rain annually to thrive however it can survive three years of drought by dropping its leaves.
- Jatropha is excellent at preventing soil erosion, and the leaves it drops act as a wonderful soil enriching mulch.
- Jatropha prefers alkaline soils.
- The cost of 1000 jatropha saplings (enough for one acre) in Pakistan is around 5000PKR (equiv to around £50 or just 5p each).
- Jatropha seedlings yield seeds in the first year after plantation.
- After the first five years, the typical annual yield of a jatropha tree is 3.5kg of beans.
- Jatropha trees are productive for up to 30-40 years.
- 2,200 trees can be planted per hectare (approx 1,000 per acre).
- 1 hectare should yield around 7 tonnes of seeds per year.
- The oil pressed from 4kg of seeds is needed to make 1 litre of biodiesel.
- 91%+ of the oil can be extracted with cold pressing.
- 1 hectare should yield around 2.2-2.7 tonnes of oil.

About Biodiesel:

Biodiesel is biodegradable, nontoxic, and essentially free of sulfur and aromatics. It is less toxic than table salt and biodegrades as fast as sugar. Biodiesel reduces emissions of carbon monoxide (CO) by approximately 50% and carbon dioxide (CO2) by 78%. Biodiesel reduces the emission of particulates, small particles of solid combustion products, by as much as 65%. This reduces cancer risks by up to 94% according to testing sponsored by the Department of Energy.
 

 
Amelot Holdings Inc. Signs Letter of Intent to Acquire Three Rivers Biofuel LLC
 
Three Rivers Biofuel, LLC has signed a letter of intent for Amelot Holdings Inc. to acquire TRB. The initial agreement came when Mr. Aziz Hirji, President and CEO of Amelot Holdings Inc. and Mr. Forrest F. ``Bud'' Stacy, President and CEO of TRB, met on March 19th in Atlanta. The acquisition of TRB will allow Amelot to construct a state of the art Jatropha biodiesel facility with a full capacity that will reach 100 million gallons a year when fully upgraded. TRB has the rights to a 20 acre parcel where Construction of Phase I will be a 5 million gallon processing facility which will be built on a 2000 acre industrial park in Burnsville Mississippi; additionally, TRB has the option to acquire an additional 20 acre parcel for future growth and expansion.

 Amelot Oil was formed in order to focus on the biodiesel production aspect of the company's business plan. All worldwide feedstock and fuel production revenues will fall under this newly formed subsidiary, including the recently announced Three Rivers Biofuel acquisition and the Native Sun NRG of the Island of Barbados.

Management

 
Aziz Hirji
President and C.E.O.

Aziz Hirji is the President and Chief Executive Officer of Amelot Holdings Inc. Mr. Hirji possesses a wealth of executive experience in the natural resource and financial services industries. His professional expertise draws on over 27 years of work experience not only as a senior level executive, but also as an entrepreneur and investment banker. During his career, Mr. Hirji was involved in the financing of complex projects including timber harvesting, biomass technology for energy generating, wood processing, prefabricated housing plants and construction. His experience also includes private placements and acquisitions.
 
Prior to founding the company in 1998, he spent a decade developing solutions and strategies to resolve project financing difficulties in the Emerging Markets, including Eastern Europe and Africa by assisting local people in establishing sustainable income sources through innovative business models. In the 1990s, he built a boutique venture capital firm. Mr. Hirji is a graduate of the International Management Institute of Glion-sur-Montreux, Switzerland.
 
Forrest "Bud" Stacy

Mr. Stacy was previously President and Chief Executive Officer of Oglethorpe Power Corporation, a Fortune Top 50 Utility with annual revenues of $1 billion. He also has experience developing merchant power plants and biomass electric generation.
 
Recent Biofuel Developments
 

On October 5, 2007 The Biojet I, an Aero L-29 Delfin aircraft, took off from the Reno-Stead Airport and flew to an altitude of 17,000 feet. While the first tests were done with a mixture of Biodiesel and regular jet fuel, the last flight was done entirely on 100% renewable biodiesel fuel. According to the pilot, there was no reduction in performance compared to conventional jetfuel.
 
Now with ths ground-breaking development from Green Flight International, biodiesel has succesfully been tested for jet usage.
 

Virgin Atlantic carried out the world's first flight of a commercial aircraft powered with biofuel last February in an effort to show it can produce less carbon dioxide than normal jet fuels.
 
"This breakthrough will help Virgin Atlantic to fly its planes using clean fuel sooner than expected," Sir Richard Branson, the airline's president, said before the Boeing 747 flew from London's Heathrow Airport to Amsterdam's Schiphol Airport
 

Contact

 
Amelot Holdings, Inc.
P.O. Box 1616,
New York City, N.Y. 10159
tel: 1(646)-552-4000
Web: http://www.amelotholdings.com