Hunt Global Resources Inc. a wholly owned subsidiary of Tombstone Technologies Inc. (OTCBB:TMCI) announced today that its BioSolutions division has exclusively licensed a proprietary process to produce a sustainable domestic renewable fuel from organic non food based feed stocks to create a cleaner burning and price competitive alternative to petroleum based industrial diesel fuels. The fuel will be distributed under the trade name of “Hunt LoNox”.
“With the traditional Biodiesel industry in a virtual shut down mode due to wildly fluctuating feedstock prices and the expiration of government subsidies, we decided to focus our technologies and resources on the Industrial Oil business”, said George T. Sharp, Hunt’s CEO. Our goal was to create a product that would provide a significant reduction in Nitrogen Oxide (NOx), Sulphur Oxide (SOx) and Carbon Dioxide (CO2) emissions that would also be marketed at a price lower than current petroleum based products, which have come under increased scrutiny and regulation by the US Environmental Protection Agency (EPA). This newly developed product would be marketed to industrial consumers of boiler fuel, heating oil, marine fuel and other stationary diesel and off-road users. Some of these industries may also have government compliance mandates for the usage of cleaner burning fuels, specifically biofuels.”
“During the past year we have tested our formulation with a number of organic feed stocks to be marketed both as a stand-alone fuel and as a blend with petroleum based fuels to achieve the desired result”, said Gregg Enders CEO of Hunt BioSolutions Inc., a division of Hunt Global Resources Inc. “Hunt LoNox, is a cleaner burning fuel than traditional fuel oils in use now, continued Mr. Enders. “We plan to make additional announcements in the very near future with regard to our plans to bring this product to the market”.
About Hunt Global Resources, Inc.Hunt Global Resources is a wholly owned subsidiary of Tombstone Technologies, Inc. (OTCBB: TMCI). Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company’s current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company’s holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant’s excess resources and capacity to support a frac sand resin coating operation.