AE Biofuels, Inc. is an international biofuels company focused on the development, acquisition, construction and operation of fuel grade ethanol and biodiesel facilities, and the distribution, storage, and marketing of biofuels. The Company is engaged in raising funds through the sale of stock and the issuance of debt; purchasing land and land options for the development of ethanol plants in the United States through American Ethanol, its wholly owned subsidiary; selling an ethanol plant site in Wahoo, Nebraska; developing, drafting, and submitting three patents on patent-pending enzyme technology; constructing and operating a biodiesel manufacturing facility with a nameplate capacity of 50 million gallons per year (MGY) in Kakinada, India; starting groundwork for an ethanol facility in Sutton, Nebraska; constructing a glycerin refining and vegetable oil pretreatment facility at the Kakinada plant, and commercializing its patent-pending enzyme technology.