- CEO
- Leonard Stella
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- Address
- 2711 Centreville Road Wilmington DE United States of America 19808
- IPO Date
- Aug 20, 2009
- Business
- Purthanol Resources Limited (PURT) operates as a shell company with no current business operations or revenue generation. Previously engaged in the biofuel sector, the company grew sweet sorghum and sweet pearl millet as renewable, sustainable cash crops to produce ethanol fuel alternatives and reduce deforestation; its processes included proprietary know-how and methodology for ethanol module production and related alternative fuel products. It targets markets in renewable energy and sustainable agriculture, with historical activities spanning North America. Purthanol Resources Limited, founded prior to 2009 and headquartered in the United States as a Delaware corporation, maintains minimal operations under the leadership of CEO and Chairman Leonard Stella. Recent developments include an auditor's going concern warning noted in early 2023 and SEC administrative proceedings initiated in October 2024, reflecting ongoing challenges without significant revenue or new strategic initiatives such as partnerships, acquisitions, or product launches in the past 1-2 years.