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The claim is that 5gal of liquid fuel (About 30- 35 lb) can be made from 60lb of soy seed and this fuel is useable in both petrol and diesel engines.
There is a Discussion here on the Biodiesel Now forum
A similar demonstration Here shows an unbelievably amateurish demonstration of Nothing. Not one claim made is verified or validated. The only proof that the liquid he is using is his special magic fuel is that he says it is and he allows several people to smell that it smells bad. During the demonstration he starts a stationary diesel, touches the valve cover and then comments on how cool the manifold is. At the end of the "deomonstration" he tells a fellow that "Oakwood National Labrotories" have been trying to unravel his "Secrets" for 5 years
My recommendation, don't hold your breath and keep your money in your pocket.
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