ALLM - Alliance Bioenergy Plus, Inc.

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  • ACCESSWIRE

    Alliance BioEnergy Plus, Inc. Files Chapter 11 Bankruptcy

    WEST PALM BEACH, FL / ACCESSWIRE / October 23, 2018 / Alliance BioEnergy Plus, Inc. (ALLM) announced that the Company has today filed for protection under Chapter 11 of the Federal Bankruptcy Act. The Company's board of directors and recently-appointed management have worked diligently for over 4 months since assuming responsibility from former management in an effort to bring the Company to viability. In conjunction with newly hired President of Alliance Bio-Products, Patrick Simms, at the end of September we completed our due diligence of the Company's previously proposed acquisition of the ethanol plant we were seeking to acquire.

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