Advanced Biofuels


Alliance BioEnergy Plus Announces to Shareholders That CTS Process Nears Commercialization

Date Posted: July 21, 2016

West Palm Beach, FL - July 21, 2016 - Alliance BioEnergy Plus, Inc. (OTCQB:ALLM) (the "Company"), is pleased to announce to its Shareholders that in addition to the near term commercialization of the CTS process, the opportunity to enhance Shareholder Value (by doubling the revenue potential) pre-CTS commercialization made itself available.

The Alliance Management Team secured (on behalf of the shareholders) 100% of the Revenue-Stream from Licensing-&-Sales related to the CTS process that is derived in the geographical regions of North America (Canada, U.S. & Mexico) as well as Africa, going forward.

These regions represent the largest markets worldwide for processing of cellulose in its many forms of biofuels, fine chemicals, bioplastics, industrial sugars and other valuable products, at the present time and the near-term foreseeable future.

The Company originally purchased 51% of AMG Energy Group in December 2013 and on July 21, 2016 Alliance completed the Acquisition of the remaining 49% ownership of the AMG Energy Group, making it a wholly owned subsidiary of the Company.

- AMG owns 100% of EK Laboratories and the CTS Pilot Plant.

- AMG owns 50% of Carbolosic, LLC which holds the master license to the patented CTS process from the University of Central Florida.

- AMG Energy Group exclusively owns the North American (including Canada, U.S. and Mexico) and African territories.

The transaction occurred via a non-cash, 100% stock swap where the shareholders of AMG Energy Solutions, Inc. (“Solutions”), a privately held company, received 8,700,000 restricted ALLM share(s) in exchange for 100% of the shares of Solutions.

Additionally, Solutions merged with its wholly owned subsidiary AMG Renewables, LLC (“Renewables”) such that Renewables is the surviving entity.

In a separate but simultaneous transaction, the remaining minority owners of AMG Energy Group (Wellington Assets 5% and CTWC 1%) will receive a total of 1,300,000 restricted shares of ALLM in exchange for their ownership interest in AMG Energy Group while Renewables and AMG Energy Group merge leaving AMG Energy Group as the surviving wholly owned subsidiary.

For more information, please contact 702-333-4886.

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