Business
Global Clean Energy Operational Update
Global Clean Energy Operational Update.
About this update from Global Clean Energy, Inc.
[{"type":"text","content":"\n\n\n\nGlobal Clean Energy Operational Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGlobal Clean Energy Operational Update\nPR Newswire\nHOUSTON, July 31, 2019\n\n\n\nHOUSTON, July 31, 2019 /PRNewswire/ -- Global Clean Energy, Inc. (OTC PINK: GCEI). For the last 4 years, the staff at Global Clean has been working to provide the company with operations that will be both profitable and not put the shareholders at risk. The waste to fuels projects have been time consuming and capital intensive to bring to market, yet the company has not given up on making those efforts happen.\nAfter years of research, expense and work, the Algae REIT project is coming to completion. The original research in algae was focused on trying to find the best feedstock for biofuels. Management reviewed numerous types from palm oil to jatropha to animal waste. The company concluded that the profit margins at this point are slim and would require tremendous infrastructure.\nAlgae farming is becoming more efficient, and what the company found, more importantly, is that algae applications and the marketplace for algae is booming. The projection for algae sales in the United States by the year 2023 will be in excess of $5.17 billion, with worldwide sales estimated to reach $45 billion.\nForecasts of population growth into the year 2040 are estimated to reach 10 billion people. This means the world must increase its food production by 70% as well as doubling our energy supplies. Each and every application of algae usage increases food, crop and animal production by 5 fold. We now have new market niches for feeding the world by using the world's oldest living oil source, ALGAE.\nThe company was confronted with two major roadblocks to include the raising capital and operating systems to produce the highest quality and varied algae feedstock applications.  \nThe issue of raising capital was solved by utilizing the REIT (Real Estate Investment Trust) vehicle. Our projections show a 32% return on capital to the Algae REIT v...