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Bullboard - Stock Discussion Forum Lignol Energy Corporation V.LEC

TSXV:LEC - Post Discussion

Lignol Energy Corporation > Lignol receives approval of four new key biorefini
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Post by SlumdogMillionaire on Jan 24, 2012 10:40am

Lignol receives approval of four new key biorefini

VANCOUVER, Jan. 24, 2012 /CNW/ - Lignol Energy Corporation (TSXV: LEC), a leading technology company in advanced biofuels and renewable chemicals, today announced that it has received confirmation  that four new patent applications have been approved, bringing the total number of approved patents to seven.

"These approvals demonstrate the strength of our patent portfolio covering not only our unique process and systems but also our unique range of high performance lignins (HP-L lignin)," said Ross MacLachlan, President and CEO. "The combination of our strong patent portfolio, trade secrets and knowhow provides significant barriers to competitors and creates long-term value for shareholders."

The patents titled "Continuous counter-current organosolv processing of lignocellulosic feedstocks", "Concurrent Saccharification and fermentation of fibrous biomass" and "Derivatives of native lignins from hardwood feedstocks", were approved in the United States, while the patent titled "Concurrent anaerobic digestion and fermentation of lignocellulosic feedstocks" was approved in China.

Lignol's rapidly growing intellectual property portfolio currently consists of eight-six patents in various stages of prosecution of which seven have been approved.  The portfolio includes twenty-four patent families relating to processes, systems, the composition of extractives (including lignin derivatives), and their applications. Lignol also owns several trademarks and a significant body of trade secrets.

Comment by willpelly on Jan 24, 2012 5:10pm
.11! It looks like we finally got through that pesky .10 that's been dogging us for three months (aside from that Jan13th 0.105 blip). This is very positive news from a technical perspective.   Next steps are the .135 (another 22% gain) and then the .16. After that, it's game on... ... and that's just the lame technical analysis. The actual valuations are still ridiculously low on ...more  
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