SamoaFiber Holdings (SFH) consists of a group of executives and scientists who have been working since 2001 on a project to bring to market Gynerium sagittatum, (“Samoa Fiber”) a fiber that is a viable, low-cost and effective non-wood biomass available as raw material for the production of bio oil.

It represents an opportunity to reduce the pressure on wood based products, and the forest resources on which they depend, as well as provides a fossil fuel alternative in the form of bio-oil which can be obtained from a process known as fast pyrolysis. Samoa Fiber has similar energy content to other bio fuel sources (“feed stock” ) but has the advantage of a growth rate the is 3-4 times greater than any other feed stock.

As a result it will produce the lowest cost renewable bio fuel in the world, and that it is potentially competitive with Crude Oil [and Coal] on a cost per MJ.

It also has a number of environmental advantages [including a rate of carbon absorption that is times greater than wood or switch grass] that makes it an ideal candidate for planting in fallow fields, as well as its potential use as animal feed stock. We also envision several potentially beneficial outcomes including: economic support of sustainable forest management practices; renewable, indigenous, carbon-neutral energy supply; creation of jobs and retention of energy money in the regional economies; ability to generate and market electricity at peak demand times; possible spinoff business growth through co-location; combined heat and power applications and derivative products and services.

In its first round of financing, SFH has invested substantial time and money in locating and testing this non-wood substitute, now known as SamoaFiber, as well as working with various political entities where the fiber is located to insure its availability and accessibility.

We will proceed to the second round of financing, said financing to be used to conduct a series of pilot trials as well as commercially-sized trials to further demonstrate and document that SamoaFiber is, in fact, a commercially viable and sustainable world's lowest cost raw material to supply bio fuel requirements on a world wide basis.