AMERICAN ALTERNATIVE ENERGY SYSTEMS INC. CHANGES NAME TO AMERICAN GREAT LAKES INC.Denton, Texas—May 5, 2009—American Great Lakes Inc. (AATV) (AFP:Frankfurt)-has formally announced that the company has changed its name to American Great Lakes Inc. The name coincides with its recent amalgamation with Great Lakes Biogas Inc.
The company’s new cusip number is now 02639W 10 4 and the stock will trade under the existing AATV symbol. As part of the merger agreement Great Lakes Biogas existing shareholders will receive 1(one common share of American Great Lakes Inc. for every 3(three) common shares of Great Lakes Biogas Inc. held.
Shareholders are asked to surrender their certificates to the company transfer agent:
Knightsbridge Assurance Ltd.
167 Queen St. S.
Unit# 9
Steetsville, ON
Canada
L5M 1L2
Should you have any questions regarding the name change or issuing of new share certificates please contact the company investor relations department at:
ir@greatlakesbiogas.com or call
303-657-2764GREATLAKES BIOGAS TECHNOLOGIES HISTORICAL PRESS RELEASESGreat Lakes Biogas Technologies Inc. Approves Takeover Offer From American Alternative Energy Systems CorporationMARIETTA, GA--(MARKET WIRE)--Dec 18, 2008 -- Great Lakes Biogas Technologies Inc. (Other OTC:GLBS.PK - News) (Frankfurt:CS4.F - News) confirmed today that the Board of Directors of the company has received and approved a takeover offer from American Alternative Energy Systems Corp. of Denton, Texas. American Alternative Energy Systems Inc. has similar projects and objectives relative to the operations of GLBS. Great Lakes Biogas Technology shareholders of record would receive 1 (one) American Alternative Energy Systems share for every 3 (three) GLBS shares held. The amalgamation would bring together two strong companies that are proactive in the renewable energy industry. This takeover comes into effect March 16, 2009. All shareholders of record are asked to surrender their stock certificates to the company's transfer agent on or after the March 16, 2009 closing date. The new AATV shares will be issued and mailed to shareholders. GLBS share certificates that are not returned will be automatically cancelled and a new AATV certificate will be issued.
Please return you certificates to:Knightsbridge Assurance Ltd., 167 Queen Street S. Unit#9, Streetsville, On, Canada. L5M-1L2
Great Lakes Biogas Technologies Inc. Announces Americas License for the Revolution CompactorMARIETTA, GA--(MARKET WIRE)--Dec 1, 2008 -- Mr. Miles Reimersma, President of Great Lakes Biogas Technologies Inc. (Other OTC:GLBS.PK - News) (Frankfurt:CS4.F - News), announced today that his Company has entered into a second agreement with Zero Waste Biogas Systems Inc. to acquire a license to market its UK-based compaction technology, the Revolution compactor, throughout the Americas. The Revolution is a unique densification technology that achieves higher compaction ratios than conventional compactor equipment and it de-waters and compacts waste in a single operation.
The Revolution compacts waste for ease of transportation. With plastics it has an impressive 50 to 1 compaction ratio. Bruce Coxhead, President and CEO of Zero Waste, said, "All waste producers are becoming sensitive to the cost of shipping the liquids that make up the majority of wet wastes, and the air that makes up the majority of dry wastes. They want to find a way to remove both of them before they are loaded onto a truck and disposed of, both at great expense. The Revolution compactor removes both air and liquids, highly reducing the cost of transportation. Some examples of its use is to de-water wood pulp, concentrate packaging waste like soda pop and shampoos, and complete product destruction of electronic and automotive parts."
The technology is also a great fit with Great Lakes' high-efficiency anaerobic digester as it divides waste into two streams. With wet waste, the liquid slurry stream from organic wastes can be used as feed in digesters and will improve the digesters efficiency by not including indigestible non organic waste. Zero Waste has identified several waste streams that can be used in conjunction with the digester and compactor such as animal renderings, vegetable processor wastes, soups and dairy products.
Great Lakes sees lots of potential in this technology. In the UK and France alone it has a base of 320 installed units in many Fortune 500 companies. The Revolution compactor is one of the most efficient compactors on the market, it can offer a ROI in less than a year, and it is a good strategic fit with Great Lakes anaerobic digesters.
Great Lakes Biogas Technologies Inc. Announces New Company Transfer AgencyMARIETTA, GA--(MARKET WIRE)--Nov 28, 2008 -- Great Lakes Biogas Technologies Inc. (Other OTC:GLBS.PK - News) (Frankfurt:CS4.F - News) has appointed Knightsbridge Assurance Inc. as the company's new transfer of record. Any correspondence or business sent to the old transfer will automatically be forwarded to Knightsbridge Assurance for processing. GLBS issued and outstanding shares to date are 20,849,887.
Great Lakes Biogas Technologies Inc. Announces Stock DividendMARIETTA, GA--(MARKET WIRE)--Jul 22, 2008 -- Great Lakes Biogas Technologies Inc. (Other OTC:GLBS.PK - News) (Frankfurt:CS4.F - News) -- Great Lakes Biogas Technologies will be issuing a stock dividend to all shareholders of record date August 4, 2008. GLBS shareholders of record will receive 1 (one) Wolsley Finch Inc. share (restricted) for every 13 Great Lakes Biogas Technologies Inc. shares held. Wolsley Finch Inc. is one of the world's leading art dealers and advisory companies, with offices in London, New York and Toronto. Wolsley Finch Inc., is a company that we believe demonstrates the most potential for future economic growth. The dividends will have a pay date of August 25, 2008. Fractional shares will be rounded up and shareholders will receive their share certificates via mail.
Wolsley Finch Inc. is one of the world's leading art dealers and advisory companies, with offices in London, New York and Toronto. For 6 years we have been advising clients on buying and selling works of fine art at all price levels -- starting from as little as $5,000 and up to millions. The company intention is to develop shareholder value by acquiring, promoting and re-selling original art works from renowned and up and coming artists throughout the world via innovative unique marketing programs.
GREAT LAKES BIOGAS TECHNOLOGIES INC. ANNOUNCES WORLDWIDE LICENSE FOR THE DEVELOPMENT OF MODULAR ANAEROBIC DIGESTION OF FARM AND FOOD WASTE.
Great Lakes Biogas will be the first to bring high-efficiency small-scale biogas systems to agri-business operators.
Mr. Miles Reimersma, President of Great Lakes Biogas Technologies Inc. ( OTC: GLBS, DE: CS4 ) announced today that his Company has reached an agreement in principle with Zero Waste Energy Systems Inc. (ZWES) of Kleinburg, Ontario, to acquire a license to market its high-efficiency, small scale thermophilic systems to farms and agri-businesses throughout North America and Europe.
These systems, developed by EEC Energy Limited (“EEC”) of Thunder Bay, Ontario, and acquired by ZWES under an IP purchase agreement, are designed to scale precisely to virtually any size of operation, and dispose of organic waste streams while generating useable power and heat for the farm or business. Unlike larger and less productive mesophilic (ambient heat) systems the ZWES system adds sufficient system heat to produce a significantly higher volume of methane from the feedstock while destroying 99.99999% of all potentially harmful pathogens. By replacing fossil energy and heat with renewable energy from waste, the EEC system will also generate significant carbon credits, which will be shared with the customer.
Bruce Coxhead, President and Chief Operating Officer of ZWES, said, “with fossil fuel prices hitting record levels and continuing upwards, it is a very exciting time for truly innovative renewable energy solutions – and we believe we have a world beater. We feel fortunate to have teamed up with a visionary company in Great Lakes Biogas Technologies that understands the huge potential of our modular high-efficiency digester to revolutionize the distributed energy sector”. Mr. Coxhead added, “The EEC technology represents a major breakthrough in enabling agri-business to generate their own power and heat, in many cases potentially going off the grid because of the ability of our technology to unlock the tremendous energy reserves stored in waste streams that previously represented a costly disposal expense items that agri-business had to bear. We intend to change all that – one farm and one agri-business at a time”.
A single EEC digester can produce up to 200 kilowatts of clean energy from 18 tonnes per day of animal manure and food waste combined for optimal performance. These waste streams can be blended for use in groupings of up to 50 or more units to produce as much as 10 MW of electricity to replace fossil power and 20 MW of heat energy to replace the use of natural gas.
It is anticipated that the EEC distributed energy solution will be scalable to, and highly cost-effective for, virtually any livestock or food processing operation in North America or Europe. It will extract the maximum amount of electrical and heat energy from the available organic wastes, eliminating harmful pathogens from the digestate with its high operating temperatures.
AMERICAN ALTERNATIVE ENERGY SYSTEMS HISTORICAL PRESS RELEASESAmerican Alternative Energy Systems Corporation Changing Name to American Great Lakes Corporation
DENTON, Texas, Jan. 13, 2009 (GLOBE NEWSWIRE) -- American Alternative Energy Systems Corporation (OTC BB:AATV.OB - News) (Frankfurt:AFP.F - News) company president Jeffrey Kulman announced today that the company will change its business name to American Great Lakes Corporation. The decision was made after the recent amalgamation with Great Lakes Biogas Technologies Inc. The new name identifies the two companies and their synergies. Shareholders are not required to surrender their share certificates. The old company name and cusip will be recognized under the new American Great Lakes Corporation name and cusip number. The corporation will maintain its focus on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy
.
American Alternative Energy Systems Corporation Receives Board Approval From Great Lakes Biogas Technologies Inc. for Takeover OfferDENTON, TX--(MARKET WIRE)--Dec 18, 2008 -- American Alternative Energy Systems Corporation (Other OTC:AATV.PK - News) (Frankfurt:AFP.F - News) received confirmation from the Board of Directors of Great Lakes Biogas Technologies Inc. approving a recent takeover bid proposed by the Board of Directors of AATV that will come into effect March 16, 2009.
Great Lakes Biogas Technologies Inc. shareholders of record will receive 1 (one) American Alternative Energy Systems Corp. shares for every 3 (three) GLBS shares held. Great Lakes Biogas Technologies has similar operations and objectives in alternative renewable energy sectors that will complement and strengthen the current business activity of American Alternative Energy Systems Corporation.
In addition the company has proposed a takeover offer to Companies West Group Inc. of Denver, Colorado. The offer is a 1 (one) for 1 (one) share swap and is currently being considered by the Board of Directors of Companies West Group Inc. A decision on this agreement is expected to be received on or before January 20, 2009.
American Alternative Energy Systems Corp. Now Quoted on the Frankfurt Stock Exchange (Germany)DENTON, TX--(MARKET WIRE)--Sep 5, 2008 -- American Alternative Energy Systems Energy Corp. (Other OTC:AATV.PK - News) (Frankfurt:AFP.F - News) is now accessible and quoted on the Frankfurt Stock Exchange under the trading symbol (AFP).
The Frankfurt Stock Exchange is one of the largest, most efficient stock exchanges in Europe. The listing will offer a more liquid market to existing shareholders and create more exposure for AATV. Having the ability to now be quoted on a European Stock Exchange with such large market visibility will make investing more accessible to new and existing investors.
American Alternative Energy Systems Corp. Announces Waste to Energy Rights AcquisitionProven Gasifier Technology Converts Most Difficult Waste Streams Into Local Renewable Energy
DENTON, TX--(MARKET WIRE)--Aug 25, 2008 -- American Alternative Energy Systems Energy Corp. (Other OTC:AATV.PK - News) company president Jeff Kulman announced today that the Company has reached an agreement in principle with Waste to Energy (Canada) Gasification Systems Inc. of Toronto, Ontario to obtain the distribution rights to the patented Waste to Energy ("WTE") downdraft gasifier technology for the Americas. The system was developed in the mid 90s in the UK, and was originally designed to produce energy from sewage sludge and other toxic organic wastes. Please feel free to visit www.waste-to-energy.co.uk for more details regarding this technology.
Recently the technology has been significantly upgraded so that it can process virtually any type of municipal solid waste stream, plus commercial and industrial wastes.
The WTE system is modular, with the biggest module capable of processing up to one dry tonne per hour of waste. This makes it ideal for processing small local waste streams, and in particular sewage sludge that has already been "digested" to remove most of the volatile organic materials. The WTE gasifier can convert sewage sludge, especially combined with other dry wastes such as municipal solid waste streams, to produce efficient engineered fuels for local power and steam production.
Dr. Wayne Maddever, Chief Executive Officer of Waste to Energy (Canada) Limited, said, "This is an exciting time in the renewable energy business, and we feel fortunate to have teamed up with a visionary company in American Alternative Energy Systems that understands the huge potential of our gasifier to revolutionize the waste to energy sector." Dr. Maddever added, "The WTE technology represents a significant breakthrough in the way we will destroy troublesome waste streams while producing local renewable energy. The focus of the waste to energy sector has evolved over the past few years away from incineration with waste heat recovery towards very efficient, low-emission gasification systems that produce a combustible gas, rather than simply burning the material to generate heat to produce steam." Dr. Maddever emphasized, "This relatively low BTU 'syngas' works extremely well with the new breed of specialized combined heat and power ('CHP') systems and maximizes the overall usage of the stored energy in the waste, while minimizing the huge volumes of NOx (nitrous oxides) produced by incineration of waste streams with free-flowing air."
As a result, Dr. Maddever contemplates a huge market for these small, modular systems, which can be multiplexed to service all but the largest waste processing facilities. "We at WTE Canada see an opportunity to provide a clean, inexpensive way of converting the most difficult and noxious waste streams into the maximum possible amount of energy, with no impact on the environment except a positive one."
American Alternative Energy Systems Corp. Contracts Quality Engineering and Manufacturing Firm to Mass Produce Company's Anaerobic Digester SystemsDENTON, TX--(MARKET WIRE)--Mar 18, 2008 -- American Alternative Energy Systems Corp. (Other OTC:AATV.PK - News) (AAESC), a company focused on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy, has secured the services of a top quality manufacturing and engineering firm that will be responsible for the mass production of the company's Anaerobic Digester Systems. The digesters will be manufactured and designed specifically for easy transportation. The engineering firm will have the anaerobic digesters available in volume to accommodate the demand for the upcoming season. In addition, the firm will also oversee the installation of the digester units to ensure a high level of quality control.
American Alternative Energy Systems Corp. Completes Agreement for Canadian Rights to Company's Anaerobic Digester SystemsDENTON, TX--(MARKET WIRE)--Feb 28, 2008 -- American Alternative Energy Systems Corp. (Other OTC:AATV.PK - News) (AAESC), a company focused on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy, has concluded an agreement to grant the Canadian rights to our Anaerobic Digester Systems to Canadian Alternative Renewable Energy Systems Inc. (CARES).
American Alternative Energy Systems will receive 1 million dollars for the initial rights and 3 percent of all sales generated by the Anaerobic Digester System. Canadian Alternative Energy Systems Inc. expects to have the systems in operation at selective sites throughout Canada by May 1, 2008. AAESC continues to aggressively expose the competitively priced digesters to the virtually untapped North American market. The digester market is small in Canada with an estimated 10 digesters compared to roughly 100 in the US and 2,400 in Europe. AAESC's goal is to become Canada's market leader in digesters.
American Alternative Energy Systems Inc. Signs Marketing Contract With North American Firm to Promote Anaerobic DigestersDENTON, TX--(MARKET WIRE)--Jan 23, 2008 -- American Alternative Energy Systems Inc. (Other OTC:AATV.PK - News) -- American Alternative Energy Systems Corp. (AAESC), a company focused on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy, has enlisted the services of a North American marketing firm to promote the company's Anaerobic Digester Systems. The firm has been contracted to focus its market in the dairy farming industry throughout North America. American Alternative Energy Systems have concluded testing on the prototype digester that has been tailored to meet to the needs of processing bio-waste in the dairy farm industry. The digester will capture the biogas created by heating the manure which in turn will run a cogen unit creating electricity to run the farm. The cogen unit will also produce enough thermal heat to heat the digester and can be used for other on site farm applications. The digestate (finished product) will maintain the nitrogen levels for fertilizer while significantly reducing odor and pathogens. The farm can then sell any of the excess kilowatts to the local hydro grid generating additional income.
"The contract has already generated new orders for our competitively priced digesters. This presents an excellent economic opportunity to expose our systems to a virtually untapped North American market. It is our goal to become the market leader in digesters the U.S and Canada," stated AAESC president, Jefffrey Kulman.
American Alternative Energy Systems Corp. Signs Licensing Agreement With Agents in Norway and Denmark Re: Digesters ProgramDENTON, TX--(MARKET WIRE)--Nov 20, 2007 -- American Alternative Energy Systems Inc. (Other OTC:AATV.PK - News) -- American Alternative Energy Systems Corp. (AAESC), a company focused on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy, announced today that the Company has signed license agreements with agents based in the countries of Denmark and Norway. The licensing agreement includes a hard development plan for our digesters to be implemented in these two countries. AAESC will produce Anaerobic Digesters that will turn manure and other bio-waste into electricity and heat. The digester will solve the manure disposal problems, and will produce electricity, heat, and income for the farms and related properties (the excess electricity can then be sold to the hydro grid).
The digester market is small in Canada with an estimated 10 digesters compared to roughly 100 in the US and 2,400 in Europe. AAESC's goal is to become Canada's market leader in digesters.
American Alternative Energy Systems' strong and experienced team have developed a digester at more than half the cost of the competitors and will continually strive to increase the effectiveness of the digesters, by producing more electricity per ton of biomass.