Regus Advisors to advise AIGI’s $2m venture, Algae2BioFuel

April 9, 2012 |

In California, Regus Advisors has completed an agreement to provide advisory services with AIGI, Algae International Group, for their $2m venture in California, Algae2BioFuel. President Mervyn Price, said, “Many companies have explored the opportunity of creating Biofuel from Algae like Bill Gates Foundation, Rockefeller Foundation and the US Government. We feel AIGI has the right team and technology to make this a reality – in a large scale.” Price added, “The necessary ingredients to create a highly successful ‘Algae2Biofuel’ venture requires; CO2, Fuel Cells, Nitrates, Phosphates, Sunlight and Algae. This process combined with a proprietary custom built ‘press’ will allow the venture to produce and deliver high grade HRD and HRJ fuel to the Military and other commercial and industrial buyers. This is one of twelve ventures we are working on in this space”

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