THERMAL, California, January 6, 2016 /PRNewswire/ --
New Global Energy, Inc. (OTCQB: NGEY) ("the Company"), a public company focused on Aquaculture, Agriculture, and Health & Wellness, announced today its new line of Moringa capsules. The Company plans to introduce this specially branded line of Moringa capsules to its line of nutraceutical products, which will include drinks, tea, energy bars and other items to be sold through existing distribution contracts with The International Sustainability Group, Inc. (http://www.isgpglobal.com) OTCBB: ISGP, Shining Sea Imports (http://shiningseasimports.com) and to larger retail markets.
"New Global Energy has been developing nutraceutical products using Moringa, which is considered by many to be 'The Rolls Royce of All Superfoods' offering serious nutrition that radically benefits overall health in literally hundreds of ways. We are confident that bringing this new line of products to market will help accelerate the timing of our revenue growth," said Chief Executive Officer Perry D. West.
New Global Energy has successfully tested Moringa on its own farms, using the superfood as a key component of its proprietary fish feed formula, one of the cornerstones of the company's sustainable fish farming operation. In response to growing consumer demand for healthy seafood, New Global's fish formula is free of GMOs, antibiotics and chemicals and includes an optimized blend of Moringa, nutrient rich algae and a proprietary blend of other ingredients.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Charlotte Luer, Director of Investor Relations
SOURCE New Global Energy, Inc.