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Eco Allies® Florida Biochar Plant and SuperGreenTree Forest Project Gets Biochar Purchase Letter of Intent from DASCO
Eco Allies® Florida Biochar Plant and SuperGreenTree Forest Project Gets Biochar Purchase Letter of Intent from DASCO.
About this update from Stereo Vision Entertainment, Inc.
[{"type":"text","content":"Eco Allies®, a StereoVision subsidiary announced today that their renewable and sustainable project to be located in Florida on approximately 1,500 acres of farmland has received a biochar purchase Letter of Intent. The planned Eco Allies branded biochar plant income is to be generated from the production of 19,000 Short Tons of Eco Allies’ branded biochar annually. Eco Allies’ Florida biochar facility will produce the only USDA approved biochar livestock feed additive. Eco Allies’ livestock feed additive can reduce the methane in animal excrement by as much 25%. Per the definitive Eco Allies/BioChar Now J/V agreement Eco Allies’ branded biochar plant will operate under BioChar Now’s patents, government approvals, and the industry know-how of Biochar Now’s management http://biocharnow.com. Eco Allies’ biochar plant is designed to operate under BioChar Now’s proven and tested manufacturing procedures. BioChar Now’s top-quality biochar sells for as much as $1.00 per pound. Biochar Now’s visionary CEO, James Gaspard is a member of Eco Allies’ Board of Directors.DASCO Inc., http://dascoinc.com an internationally recognized leader in providing crop nutrients and industrial chemicals has provided a Letter of Intent (LOI) to purchase a considerable percentage of Eco Allies’ anticipated Florida biochar production. DASCO has a vested interest in the product known as “medium” biochar, produced with the proprietary technology of Biochar Now. DASCO, a BioChar Now customer, intends to use the biochar manufactured at Eco Allies’ Florida facility, for clients located in Florida and surrounding states for the removal of nitrates and phosphate in water. DASCO’s anticipated initial demand for \"medium\" biochar exceeds 6000 short tons annually. Additional demand for DASCO’s products with biochar as an ingredient is anticipated.The planned Eco Allies Florida facility will be powered by renewable energy and there is ample acreage available for future expansion of Eco Allies’ scalable solar farm. The anticipated excess energy produced will be sold to the grid. The overall project will be registered with Verra and is expected to create verified carbon and methane offset credits that can be sold as Voluntary Emission Reduction Credits in the International markets. The CAPEX for the project is budgeted at $12 mil and is to be funded through equity from...