A better biofuel out of Mississippi? Or just a lotta gas?

Does tiny U.S. Sustainable Energy Corp. of Mississippi really have a breakthrough biofuel? Shareholders of this pinksheet-traded company today seemed to think so.

Shares of U.S. Sustainable Energy Corp. (USSEC) (PINKSHEETS: USSE) closed up almost 11% after the company published what appeared to be impressive cold weather, viscosity and energy content properties for its biofuel.

And, it made a startling claim, in its fourth press release in as many business days:

"Where the most efficient processes today create 1.5 gallons of an inferior biodiesel in over 24 hours, our proprietary technology allows us to create 5 gallons of a far superior biofuel in under 9 minutes," said John Rivera, CEO of USSEC.

More than three times the quantity of today's biofuel in a fraction of the time?! Say it's true!

The company also claimed great energy properties of its fuel, calling it higher than traditional biodiesel. The company says that using ASTM D-240-76 testing standards, Summit Environmental Technologies, Inc. of Akron, Ohio independently found the heating value of the USSEC biofuel to be 128,000 BTU/gal, similar to petroleum diesel. Traditional biodiesel typically has a value around 117,000 BTU/gal.

USSEC reported that Summit also found its biofuel to pour easily, with unusually low viscosity and good cold temperature properties. Summit apparently found that the pour point of the USSEC biofuels, an indication of the lowest temperature at which the fuel can be pumped, was typically less than or equal to -90°F. In fact, the USSEC biofuel did not freeze even at -90°F, the limit of the pour point detector, Summit said. The pour point for petroleum-based diesel is around -16°F; the typical pour point for soy bean based bio diesel is 30°F.

Summit also apparently found the USSEC biofuel cloud point to be lower than the end temperature limit of the company's cloud point measurement gear (at low temperatures, paraffin in a fuel oil may appear as a wax and clog fuel filters.) And the USSEC biofuel also apparently has an outstanding flash point, according to Summit, between that of regular gasoline and petroleum diesel. While flash point can affect a fuel's performance in an engine, e.g., too low will cause the fuel to burn prematurely, causing decreased power and lowering fuel economies, higher is better for safer fuel handling. USSEC's biofuel is, like baby bear, apparently just right.

The selected Summit Environmental Technologies findings were published by USSEC. Contacted independently, Summit only verified that it had performed an analysis on behalf of USSEC. "We can't release any information to anybody except our client," said Dr. Mo Osman, owner & president of Summit.

The only other published third party analysis of USSEC's business is a financial analyst-style report by a consultant that begrudgingly disclosed it was compensated in $10,000 in cash and 450,000 shares of stock in the company. Yes, 450,000 shares.

The company says it's in the process of ramping up production at its facility in Natchez, Mississippi, which is forecasted to hit production levels of 24,000 gallons a day starting in 10 weeks.

USSEC's 11% one day share price gain sounds substantive until you note that USSEC shares had fallen dramatically recently, apparently due in part to the issuing of 500 million shares of restricted stock after the completion of the company's recent reverse merger. This may have created concerns that if those shares became unrestricted, massive dilution could follow.

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