THERMAL, California, November 12, 2015 /PRNewswire/ --
New Global Energy, Inc. (OTCQB: NGEY) ("the Company"), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, announced today that it has been recognized for listing as an OTCQB company for trading on OTC Markets.
OTC Markets' OTCQB classification is designed for entrepreneurial and development stage U.S. and international companies that have strict compliance standards and meet certain pre-defined criteria. For example, OTCQB companies must be current with reporting and disclosure, undergo an annual verification and management certification process, and have current and complete company information displayed on http://www.otcmarkets.com. In addition, OTCQB companies must submit an OTCQB Annual Certification verifying officers, directors, controlling shareholders, and shares outstanding.
"OTCQB's high standards help to promote transparency and support the technology and regulation needed to improve the information and trading experience for investors. We are pleased that New Global Energy has joined this category on the OTC Markets," said Chief Executive Officer Perry D. West.
About New Global Energy, Inc.
New Global Energy, Inc. (http://www.newglobalenergy.net ) is a public company focused on acquiring high-growth firms, assets and properties in the Aqua-Farming, Agriculture, and Health & Wellness industries. The trading symbol is NGEY traded on the OTCQB. New Global Energy seeks to create sustainable projects and protect the environment.
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.