Cleantech Transit Inc. (CLNO)

Biofuels of many kinds are becoming wide spread. Their use will undoubtedly continue to increase. One major advantage of alcohol in vehicles is that they produce less air pollution. Colorado has tackled its air pollution problems partly by requiring motorists in major cities to use gasohol during winter months when air pollution is the worst. As a result carbon monoxide emissions have been reduced. An even cleaner solution is vehicles powered by electricity from fuel cells that run on methanol.

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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