PURE Biofuels Corp. (PBOF.OB) is "One to Watch"
PURE Biofuels Corp., a development-stage company engaged in the production, processing and distribution of biodiesel, is poised to become a leader in Latin America's emerging biofuels industry. PURE's flagship project near Lima, Peru – the Callao Port refinery – is complete and will begin production in the first quarter of 2008. Together, the Callao Port and the recently acquired Interpacific Oil facility (12/5/07) will provide a combined biofuel capacity of 62.5 MMgy (million gallons per year) to the marketplace. PURE Biofuels, founded in 2006, has secured written assurances (MOUs) from local fuel distributors for the full Callao Port annual production…