Early last week Amelot Holdings, Inc. announced that its wholly owned subsidiary, Amelot Oil Inc., has retained the legal services of C.A. Serrano & Co, Attorneys-at-Law, to begin the formation of a new subsidiary to be located in Trinidad and Tobago. An upcoming trip to Europe to meet with a major eqipment manufacturer is scheduled for early February. The purpose of this trip is to set up a fully automated large scale biodiesel production facility in Trinidad and Tobago.
"Our aim is to launch our activities in Trinidad and Tobago by using European technology in the production of biodiesel, for which there is increasing demand among the consumers in the Caribbean. We will be releasing further updates as events unfold. These are exciting times for all of us at Amelot and we again thank you for your continued support and patience," said Fred Guarnieri, President and CEO.
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About Amelot Holdings, Inc.:
Amelot Holdings, Inc. , a publicly traded company, is a diversified holding company that has identified Biodiesel as a multi-billion emerging Biofuel market. Amelot plans to have a significant market share in growing low cost feedstocks to supply the growing demand for biodiesel, to reduce energy dependency of fossil fuels, to help reduce the U.S. dependency on foreign oil supplies and reduce the impact of energy on our environment.
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