Cleantech Transit Inc. (CLNO)

Biomass can be used as a real fuel, or converted into liquid or gaseous forms, for the production of electric power, heat, chemicals, or fuels. By integrating a variety of biomass conversion processes, all of these products can be made in one facility, called a bio-refinery. The bio-refinery concept is analogous to today's petroleum refineries, which produce multiple fuels and products from petroleum.

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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