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July 2011
Sterling Research Group Analysis of The KAG’s G2 Diesel Pilot

The fuel economy results from The Kenan Advantage Group’s (The KAG) G2 Diesel pilot program were analyzed by Jack Slingluff, a Senior Analytic Consultant for the Sterling Research Group. The program resulted in a statistically significant fuel economy increase of 7.5% for those trucks fuelled with a 5% G2 Diesel blend. The KAG is the world’s largest distributor of liquid fuels and specialty chemicals, and since the completion of this pilot program has become 11 Good Energy’s largest customer as it increases its G2 Diesel usage throughout more terminals.

View the full presentation.


April 2010
Miller Boat Line Launches “Green” Ferry for 2010 Season

Put-in-Bay, Ohio. Miller Boat Line is taking a bold step toward “greening up” its ferry service to Put-in-Bay this season. The company has begun using a 10-20 percent biofuel mix in one of its passenger vessels, the William Market, and has plans to eventually use it in all four of its vessels. Miller Boat Line is one of the only passenger ferry services in the nation using this type of alternative fuel.

The biofuel, G2 Diesel, provides 15 percent better fuel economy than traditional diesel and leaves a cleaner wake, protecting Lake Erie and generating fewer harmful emissions. Miller Boat Line has long been the most value-friendly way to travel to Put-in-Bay and the only way to bring vehicles to the island. Now, the company has become the only environmentally-friendly option for tourists as well, said Scott Market, vice president of Miller Boat Line.

“As a family-owned business, we think about our kids with everything we do and we thought it was time to do something to protect the environment for future generations,” said Market. “This allows us to shrink our carbon footprint.”

G2 Diesel, is manufactured by a local company named 11 Good Energy, headquartered in Canton, Ohio. G2 Diesel is made primarily from soybean oil and ethanol and has a distinctly different aroma than traditional diesel when burned: some say it smells like French fries or butterscotch.

Using G2 Diesel costs the company more than traditional diesel; however, the ferry service is keeping its fares the same. Miller Boat Line has made a dedicated effort to support Ohio businesses in this effort; 11 Good Energy uses locally-grown soybean oil.

It is 99 percent agricultural in material and manufactured using 70 percent less energy than traditional biodiesel. It has been used in locomotives, trucks, and buses: this is the company’s first demonstration of marine applications.

Using G2 Diesel will not affect the speed of the vessel. The fuel will result in a cleaner burning engine, less pollution, and better lubricity of the internal parts in the engine which, in turn, will provide more engine hours between rebuilds.

Early feedback on the new fuel from tourists has been positive, said Market.

“On behalf of 11 Good Energy, I would like to thank Miller Boat Line for their proactive commitment to environmental consciousness,” said Frederick C. Berndt, CEO of 11 Good Energy. “Miller Boat Line is the first to demonstrate our biofuel in a marine application and prove that there are economical ways to be “green,” he said.


July 2009
Dennis A. Nash Joins 11 Good Energy Board of Directors

11 Good Energy is pleased to announce the addition of Dennis A. Nash to the Board of Directors.

Mr. Dennis A. Nash has been President, Chief executive Officer and a Director of Kenan Advantage Group (KAG) and it predecessors since 1991. As a young teen, he moved from Alma, Michigan to Pittsburg, Pennsylvania where he later began his career in the transportation industry. He then moved to Akron, Ohio to participate in a transportation management program sponsored by Coastal Industries and attended Kent State University.

After spending several years in the petroleum transportation industry with Coastal, he moved ton to Leaseway Transportation, based in Cleveland, Ohio. With Leaseway, Nash spent the next fifteen years holding senior management positions in operations, sales and marketing.

In 1991, Nash made a decision to join entrepreneurial ranks by forming KAG predecessor company, Advantage Tank Lines, Inc. He has served as President and CEO from the beginning and has taken the company (now known as Kenan Advantage Group) from annual revenues of $7 million in 1992 to over $800 million today. The company is North America's largest bulk transportation and logistics provider to the petroleum and specialty products industries. KAG operates from 100 terminals and 98 satellite locations in 38 states, employs approximately 5,000 people, and is the only fuels delivery business with a national presence.

With respect to industry affiliations, for many years Nash has served on various labor and advisory councils and the Board of Directors for National Tank Truck Carriers and the American Trucking Association. He also serves on the Northwestern University Transportation Center Business Advisory Council. Other professional affiliations include the Pro Football Hall of Fame, Stark Development Board, Dedicated Transport and Mercy Medical Center, where he also serves on the Board's Executive Committee.

Nash has been married to his wife Elizabeth for 32 years and has three daughters. Over the past several years he has been instrumental in major fundraising efforts for Pathway Caring for Children, a nonprofit, Ohio-based organization devoted to providing treatment-oriented care for children and their families.


May 2009
Gary Smith and John Lane join Board of Directors

11 Good Energy, Inc. is pleased to announce the addition of Gary Smith and John Lane to its board of directors.

Mr. Gary Smith

Mr. Smith's leadership ability, decision making skills, determination, and strength come largely from his longtime involvement in sports, as both an athlete and an official. Mr. Smith won three NIC Conference Championships and the 1963 and 1964 NAIA Championships. He then placed forth in the 1964 Olympic trials. Mr. Smith's extensive wrestling background steered him to become a wrestling official at the collegiate level. Mr. Smith officiated 9 NCAA finals, 11 NAIA finals, one NCAA division II final and a host of additional major college wrestling meets. In 1977, Mr. Smith joined Cummins Engine Company, managing major accounts for the industrial division. Mr. Smith advanced with Cummins, becoming the executive director of national accounts before leaving Cummins in 1984. Mr. Smith then joined Hercules Engines, Inc. where he gained an extensive knowledge of alternative fuel engines up until Mr. Smith launched has own company, Signa StorTech Systems, Inc. in 1996.

In 1998, Mr. Smith joined High Plains Corporation, an ethanol manufacturer, for the purpose of restructuring the company. Mr. Smith coordinated Abengoa's acquisition of High Plains Corporation and as a result of Mr. Smith's leadership in the deal, per share value of High Plains increased from $.69 to $5, the amount Abengoa offered per share for High Plains Corporation. After the successful restructuring and sale of High Plains, Mr. Smith decided to leave the company and pursue other interests, leaving behind the solid management team that he created. He remains a member of the High Plains-Abengoa Board of Directors and is still under contract to consult for them. Today, Mr. Smith lives in Canton, Ohio, and is Chairman of Signa StorTech Systems, the Company he founded with his son. Mr. Smith is also on the Board of Directors for the National Wresting Hall of Fame and the Professional Football Hall of Fame. Mr. Smith serves as chief advisor/consultant for 11 Good Energy, Inc. As chief consultant, Mr. Smith's duties consist of providing strategic planning advice in the areas including but not limited to marketing strategies; developing strategic alliances with suppliers, affiliations, and end users; assisting in attracting key personnel; and general business consulting.

Mr. John Lane

Mr. Lane entered the securities industry in May 1969 with a bank-trading firm in New Jersey. He formed Lane Capital Markets, LLC in 2001 as an Investment Banking Partnership. Mr. Lane has managed/co-managed over 45 IPO or Secondary transactions and has participated in hundreds of underwriting and selling groups since the early 1990's. Prior to forming Lane Capital Markets, he held the position of Managing Director of Capital Markets at a New York based firm in Fairfield County, Connecticut. He has been associated with several major firms including Boettcher & Co., Advest & Co. and Dain Raucher. Mr. Lane has served as officer, director, owner, trader, department manager, corporate finance director and syndicate manager. He has been active in several Fairfield County organizations.  Mr. Lane has been quoted in Business Week, Barron�s, Forbes, Investment Dealer Digest, The New York Times, The Wall Street Journal, Entrepreneurial Magazine and several other business publications. Mr. Lane served as a director of the National Investment Bankers Association between 1991-1995 and has served as a director and advisor to several other boards. He is active speaking on issues facing the changing securities industry. Having traveled several times to Washington, D.C. he has lobbied on behalf of the securities industry.

Mr. Lane has been an active member of several SIA committees, including the SIA Small Firms Committee, in which he was Chairman in 1994, the SIA Membership Committee, in which he was chairman for several terms, and also served three years on the SIA Syndicate Committee. He is currently serving as District Chairman for the Security Industry association in the New England district. In 1996, John traveled to China with the SIA for 17 days as a guest of the Chinese government to meet with banks, brokerage firms and the government to discuss experiences in the capital-raising arena and several topics regarding the securities business.

Mr. Lane is currently an NASD mediator working to resolve industry disputes. John was appointed to a three-year term and to serve as chairman for 2002 on the NASD District Business Conduct Committee out of Boston, MA. He has recently completed a three year term on the NASD Small Firm Advisory Board, which meets and recommends solutions to industry issues and their impact on regional and small broker/dealers. Mr. Lane is serving his 3rd three year term on the NASD Corporate Finance Committee and has been active in crafting a policy on the hot topic of research analyst payment for deal gathering. Mr. Lane worked for two years toward the restructuring of the recently adopted NASD's Corporate Finance Rules. Mr. Lane has elected to a one year term on the NASD Advisory Board in 2002, meeting on national issues affecting the securities industry. In September 2002 Mr. Lane was appointed to the NASD Nominating committee, and served as Chairman in 2003 representing the Boston District. Mr. Lane was appointed, in January 2003, to serve on the standing NASD consultive committee designed to provide input to NASD staff on the investigations of disciplinary matters involving emerging regulatory issues, standards of practices, or new practices, or market and securities industry issued where industry expertise would be of value.


May 2009
Phil Pearce Joins 11 Good Energy, Inc. Board of Directors

Mr. Pearce is an independent business consultant with Phil E. Pearce & Associates, and a member of the Board of Directors for a number of domestic and internationally headquartered companies. Mr. Pearce was Senior Vice President and a director of E.F. Hutton, Chairman of the Board of Governors of the National Association of Securities Dealers, Governor of the New York Stock Exchange, and a member of the Advisory Council to the United States Securities and Exchange Commission on the Institutional Study of the Stock Markets. Mr. Pearce has been a featured speaker to the European Economic Committee in Belgium representing the United States on a symposium on public disclosures. Mr. Pearce is a graduate of the University of South Carolina and the Wharton School of Investment Banking at the University of Pennsylvania.


January 2008
11 Good Energy, Inc. featured in Equities Magazine

Equities Magazine: The Energy Issue11 Good Energy, Inc. is featured in the Energy Issue of Equities Magazine. Frederick C. Berndt, CEO, discusses the future of the biodiesel industry as well as current concerns. Click the link below for the entire article.

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December 2007
11 Good Energy Presents at Equities Magazine Conference

11 Good Energy CEO, Frederick C. Berndt, addresses the Equities Magazine Winter Discovery Day XV Conference at the Princeton Club in NYC, December 7th 2007. Mr. Berndt discusses issues concerning the state of the biofuel industry. Hear the audio and view the PowerPoint presentation by clicking the link below...

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