Cleantech Transit Inc. (CLNO)

Most biomass is in solid form, but it can also be a liquid. Biomass usually consists of a complex polymer of carbon, hydrogen and oxygen with small amounts of nitrogen and inorganic elements. Biomass is not fossilized material (like oil, coal and gas) but fresh material that can grow again after having been harvested. Modern biomass is used to produce power and heat in large-scale facilities: solid biomass, biogas, biofuel or biodiesel.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

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