Advanced Biofuels


Alliance BioEnergy Plus to Hold Annual Shareholder Meeting ... June 15 ... West Palm Beach, FL

Date Posted: May 13, 2016

West Palm Beach, FL - May 13, 2016 - Alliance BioEnergy Plus, Inc. (OTCQB:ALLM) (the "Company") announced today that its annual shareholder meeting will take place June 15, 2016 at the West Palm Beach Marriott located at 1001 Okeechobee Blvd, West Palm Beach, Florida 33401.

The meeting will be held at 2:00pm local time (see hotel meeting list for exact meeting room).

Refreshments provided for registered shareholders, while supplies last.

BOARD OF DIRECTORS

The Company will introduce and Vote on the Board of Directors.

Nominated to the Board for 2016 are current members Daniel de Liege, George Bolton, Charles Sills and newly nominated member Troy Lorenz.

INCREASE IN AUTHORIZED SHARES

The Company is also seeking to increase the amount of shares it has authorized from its current 110 million to 510 million.

The Company has no intention to issue these shares at this time, only to have them available for future merger and acquisition opportunities as well as to position the Company for possible up-listing to the NASDAQ or New York Stock Exchanges, when the time is right.

“This is a move to put the Company in a more mature position so that as we grow over these next couple of years we can take advantage of the opportunities that will undoubtedly come our way and be ready for the eventual up-list to the big boards,” said CEO Daniel de Liege.

Authorized shares of stock refers to the type and number of shares which a company can issue or has the right to issue.

Issued and Outstanding shares of stock, on the other hand, refers to the shares actually issued or distributed to shareholders.

The number of issued shares outstanding determines ownership and voting rights in the company.

Authorized shares do not have any dilutive effect on current shareholders.

Company CEO Daniel de Liege will introduce the nominated Board Members and give a brief update on the Company’s progress and future plans.

The meeting is open to all shareholders as of May 9, 2016.

Non-shareholders will not be permitted to attend the meeting.

Shareholders are responsible for their own travel and expenses.

Proxy statements have been made available to all listed and registered shareholders.

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

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