NetCo Acquires Innovative Technology to Produce Ethanol

NetCo Investments Inc. (OTCBB: NIVS) today announced that it has signed a definitive purchase agreement to acquire all the assets, including patents of Syntec Biofuel Inc. (“Syntec”), a Canadian, scientific research company, located in British Columbia, who has developed and patented a Catalyst to convert Syngas into Ethanol.

Syntec technology focuses on an entirely different Ethanol production process by using a Gasification-Catalytic Synthesis, which is a thermo-chemical process that converts Syngas into Ethanol. Unlike the current fermentation processes, Syntec’s catalysts will produce Ethanol from unlimited sources of feedstock using waste gas, such as biogas from landfills, sewage, manure, wood waste, and producer gas (thermal gasification of biomass or other carbonaceous material such as municipal solid waste). This process will also create far greater green house gas (GHG) reductions and carbon credits than the fermentation process.

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