This company was first brought to light by Ray or Just Sirius, or someone else.
But heres some news on it.
W2 Energy Begins Negotiations to put Algae Oil Plants in the Caribbean
2009-10-08 11:21 ET - News Release
TORONTO, Oct. 8 /PRNewswire-FirstCall/ - W2 Energy Inc. (PINKSHEETS: WTWO), a developer of green energy, is pleased to announce its marketing arm has begun negotiating with several organizations and governments in the Caribbean to build commercial scale Algae bioreactor to produce biofuel. The company's Sunfilter Bioreactor is a low cost, low energy consuming bioreactor capable of producing biodiesel.
The algae for fuel market is a quickly growing market. Recently Exxon announced on CNN and through commercials that it is beginning to develop algae production for the production of fuel in the US. W2 Energy has already developed the technology and expects to have several production units in the Caribbean by the middle of 2010.
The significant number of sun hours in the Caribbean are ideal for the production of biofuel using the the W2 Energy Sunfilter bioreactor. The Company expects that the algae to biofuel program in the Caribbean will be a great success.
With the W2 Energy plant garbage becomes a renewable resource.
W2 Energy trades in the United States on the Pink Sheets under the symbol "WTWO". For further information, please contact Mike McLaren at (519) 341 3185 or www.w2energy.com.