(a) The commercialisation of the Biosphere Process System,
(b) The acquisition and development for sale of oil and gas reserves and other energy related products.
These segments are more particularly described as follows:
I. Biosphere Process System.
• General Background
The Company enjoys a licensing agreement with McCormack Consulting, the inventors, developers and owners of the Biosphere Process System and all rights and title thereto. The Biosphere Process System provides for the conversion of waste materials (which includes municipal solid waste, agricultural or forestry surpluses or wastes, industrial or medical waste materials or traditional fossil fuels) in a process that includes, initially, the automatic separation of metals and plastics, the formation of organic compost and the heating of the organic residue left from the separation process to very high temperatures in a separate chamber, which is deprived of oxygen. The heating of the organic waste in this manner (i.e. in an oxygen deprived environment) prevents combustion, smoke and odour, and transforms the waste into steam and other gasses, which then run a turbine to produce electricity. The remaining solid waste then becomes a pulverized powder, which can be sold as a by-product for use in the building industry.
The Biosphere Process System heats and converts solid waste in an atmosphere that does not produce smoke or odour and therefore is capable of being placed directly in the centre of a town with no pollution to the atmosphere. The System can also be used specifically for the purpose of producing electricity for local use - ability in great demand in developing countries. Additionally, the Biosphere Process System is effective for the elimination of infectious medical and toxic waste.
When the Company's operating plans are fully implemented, the Biosphere Process System is expected to produce revenues from garbage tipping fees, recycling of metals, the sale of building products, papers and plastics, and the sale of electrical power and steam.
• The Functioning of the Biosphere Process System
The Biosphere Process is most easily described in a format where it is operated using Municipal SolidWaste (MSW) as a feedstock - although the Biosphere Process System operates equally well as a micro power generation system consuming any waste material, including agricultural or forestry surpluses or wastes, industrial or medical waste materials or traditional fossil fuels.
The Biosphere Process System when operated on MSW takes place in five distinct stages:
Stage One: MSW is collected and brought to a centralized Biosphere Process facility. Each facility is designed as a "one stop shop" providing for up to 100% recycling of the total tonnage of MSW collected. The Biosphere Process facilities are economically viable at as little as 5-8 Tons/hr and can be constructed in closed facilities of as little as 3000 square ft. Each Biosphere Process facility is designed to be a stand-alone facility, with internal positive air control ensuring that the facility does not emit any non-permit able emissions to the atmosphere.
Stage Two: The MSW is sorted to provide separation for compost production, plastics and rubber recovery, metals, glass and aggregate recovery, and finally, electrical power generation. Typically operating at a rate of 30 tons/hour, each receiving line separates MSW into two feedstock streams comprising putrescible (organic) and non-putrescible (non-organic) materials.
Putrescible materials usually comprise around 20% by volume are rapidly composted and recycled into high nutrient value soil additives and fertilizers using a proprietary vertical accelerated composter. Non-putrescible materials are further sorted to allow plastics and rubber recovery at around 10% of volume before being shredded in advance of valuable metals recovery. All of the recoverable aluminum and ferrous metals are removed from the waste stream, using rotating trammels equipped with band magnets, and hand picking stations designed to achieve the maximum possible percentage recovery of these materials. Finally glass, aggregates, concrete products and sand are removed using a Biosphere Separator2 which achieves the following separation percentages; metals, 3.1%, glass 5.2%, aggregates, concrete, dirt and sand 8.0% and finally residual materials suitable for power generation equal to not more than 53.7% by volume of the initial MSW.
Stage Three: In stage three of the process, all other material in the waste stream is forced through a Biosphere Densifier3, which compacts the MSW into 20g flakes with 15-20% moisture termed Biosphere Flakes4 at the rate of 30Tons/hour, these flakes drive the Biosphere Process.
Stage Four: The Biosphere Flakes are converted into a 1000(degree)C - 1800(degree)C flux using a Biosphere Venturi5. The process is designed to produce a high value inert pozzolanic material, which is then recycled into concrete products for the building industry, thus ensuring up to 100% recycling of all MSW handled through the Biosphere Process completely replacing traditional land filling as a method of waste disposal.
Stage Five: The 1000(degree)C - 1800(degree)C flux produced in stage four is used to power a turbine for micro power generation, a by-product of which is electricity and steam which can be used to power local industry including desalination facilities.
• Economic Need for the Biosphere Process
Every man, woman and child, the population of the developed world, produces up to one-half ton of MSW per annum; the vast majority of which is, at present, simply land filled and allowed to decay. Not only is such a practice outdated, having changed little in hundreds of years, but also it is costly and wasteful of what have for some time been recognized as finite natural resources. The Biosphere Process developed by GLOBAL is a new development that allows for up to 100% recycling of the resource that MSW represents.
The Biosphere Process in addition to consuming MSW as a feedstock is an "omnivorous" micro power generation system. The Biosphere Process will operate and generate electricity using MSW, traditional fossil fuels, agricultural wastes or surpluses, forestry wastes or surpluses, industrial waste streams, cellulose or hemicelluloses biomass waste streams, lignin, or any manner of waste material.
Such energy credits, form the basis of the greenhouse-gas trade, and are expected to be the backbone of a trillion-dollar industry by 2010. This expected trade will provide a further impetus for multinational companies, national governments and member states in both the European Union and elsewhere to champion the commercial use of MSW and waste materials and importantly the remediation of existing landfills, which conversely are fast becoming a natural resource. Not only are landfills a rich source of metals, 8-10% high grade aluminium and ferrous metals, and of silicates, sands and building aggregates, but they also contain significant volumes of combustible fuel material with an exceptionally high calorific content, highly suitable for power generation. The Biosphere Process System can also be fuelled by traditional fossil fuels, oil, and natural gas.
• Manufacture
The Company and its subsidiaries subcontract all of their manufacturing requirements. The Company has also sub-licensed Biosphere Asia Pacific to manufacture, sell and operate Biosphere Process Systems. These agreements will provide for turnkey manufacturing, installation and maintenance for the Biosphere Process Systems.
• Marketing Plan
Biosphere Development Corp (Bahamas) is a Bahamian Corporation established in December of 2004, as an operating subsidiary of the Company for the purpose of pursuing overseas opportunities for the Biosphere Process System. At present, management relies upon agreements with independent sales agents to secure contracts for its Biosphere Process Systems. To date, such efforts have resulted in commitments to purchase and or lease Biosphere Process Systems from a number of parties.
In September 2005 Biosphere Development Corp. signed and exchanged an Agreement of Intent with the Shenzhen Branch of Yankuang Group Co., Ltd., and the Shenzhen Rayes Group Co. Ltd., to provide for the formation of two new joint venture companies, Biosphere Asia Pacific and International Environmental Energy Company. Biosphere Asia Pacific and International Environmental Energy Corp have entered into contracts to establish local operating companies in and sell Biosphere Process Systems to the City's of An Ji, Sui Zhou, Guang Chang, Rizhao, Sheng Zhou, Jing De Zhen, Dong Xiang and Shaoxing.
II. Oil and Gas Development.
Sahara Petroleum Exploration Corp (Bahamas) is a Bahamian Corporation established on December 17, 2004, as an operating subsidiary of the Company for the purpose of exploring for and developing oil projects, primarily in Africa.
Sahara Petroleum Exploration Corp (Bahamas) is an independent oil and gas company formed to build upon build upon our established talents, relationships and strengths to become a fully integrated energy company a widely recognized and respected producer of quality energy resources with a primary focus on North Africa. Sahara has been in negotiation for to complete the acquisition of two oil exploration blocks in North Africa.
Facilities and Proposed New Facilities
The Company, Biosphere Development Corp (Bahamas) and Sahara Petroleum Exploration Corp (Bahamas) have offices in New Providence in the Commonwealth of the Bahamas. Biosphere Asia Pacific and International Environmental Energy Corp are located in Hong Kong.
