- Discovery Minerals (OTCPK:DSCR) and Syngar Technologies form a joint venture to exploit opportunities in the industrial hemp sector.
- In 2010, Syngar licensed the "Pulsed Wave Ultra Sound Wave" (PLUSWave) technology for use in the development of biofuels. It utilizes pulsed ultrasound waves at specific power levels and set time intervals to stimulate the fermentation activities of microorganisms.
- PLUSWave will enable DSCR to use non-food grade cellulose in the biofuel fermentation process instead of food grade stock such as corn.
- Effective immediately, the JV will sell sub-licenses to Canadian hemp producers waiting to access the U.S. market.