Vega Biofuels Analyst Coverage Initiated by Small Cap Street and BrokerBank Securities
NEW YORK, Sept. 16, 2014 /PRNewswire/ -- Vega Biofuels, Inc. (OTCBB: VGPR) is in the process of building a manufacturing plant that when finished will manufacture Bio-coal and Biochar from timber waste using unique technology called torrefaction. Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions. Vega's Biochar is a highly absorbent specially designed charcoal-type product that can be used as a soil enhancement for the agricultural industry to significantly increase crop yields. The Company recently announced that it is expanding into marketing to growers in the burgeoning legal Marijuana and Hemp industries.
The company was formerly known as Vega Promotional Systems, Inc. and changed its name to Vega Biofuels, Inc. in January 2010 to better reflect the business of the company. Vega Biofuels, Inc. was incorporated in 1986 and has been through a number of iterations and changes in the underlying business model over the years.
Prior to April of this year the stock traded in miniscule amounts. After a sharp initial rally to highs in may up near $0.012 the stock has been persistently sliding.
An analyst report which details the current situation, an overview of the company and analyst comments can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:
http://bit.ly/-VGPR-AnalystReport
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