Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company 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).

Biodiesel fuel is a renewable energy source that can be made from soy beans grown for fuel, or from cooking oils recycled from restaurants. This means it is a renewable resource unlike petroleum-based diesel. There is an excess production of soybeans in the United States; therefore biodiesel is an economic way to utilize this surplus. Biodiesel is less polluting than petroleum diesel. Compared to petroleum diesel, biodiesel produces less soot (particulate matter), carbon monoxide, unburned hydrocarbons, and sulfur dioxide.

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