Valcent on Algal Oil
It has been pointed out to me that Valcent published a Press Release on March 13th last outlining some production estimates etc. - with the implication that I didn't bother to look it up or read it.
Frankly - I find the "Business Speak and "Legalese" that most of these type of publicity blurbs are published in - to be beyond my linguistic skills. I simply am unable to decode the language properly.
Here is a quote from the press release that caught my eye:
"The research and development team of Valcent Products Inc. has now completed twelve months of the algae vertical bioreactor development program. During a 90-day continual production test, algae was being harvested at an average of one gram (dry weight) per liter. This equates to algae bio mass production of 276 tons of algae per acre per year. Achieving the same biomass production rate with an algal species having 50% lipids (oil) content would therefore deliver approximately 33,000 gallons of algae oil per acre per year."
Now is that saying that they actually bottled 33,000 divided by 4 = 8,250 gallons of oil for each and every acre for the 90 day run?? I think not!!! But I could be wrong!
To be totally clear on the wording used I think you might have to ask a judge or a barrister to decode the language.
Wouldn't it be a great world if everyone would simply use straight talk - and call a spade a spade.