Clean Power Concepts Inc. (OTCPK: CPOW) entered into a letter of intent to acquire the assets of Alabama BioEnergy LLC from Fleet Biodiesel, Inc. and others on February 3, 2011. William J. Freeman, founder and Chief Executive Officer of Eagle Bio Diesel, agreed to join the Board of Directors of Clean Power, and become President of the General Bio Health division of Clean Power. The transaction is expected to close on March 15, 2011. Clean Power Concepts Inc. (OTCPK: CPOW) cancelled the acquisition of the assets of Alabama BioEnergy LLC from Fleet Biodiesel, Inc. and others on February 3, 2012.