Vega Biofuels, Inc. 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.
In addition to producing bio-coal, the company recently announced that they are expanding their business model to include production of a product called biochar to be marketed to growers in the legal marijuana and hemp industries. Biochar is a highly absorbent, specially designed charcoal used as a soil amendment for the agricultural industry. It is made under specific conditions with the intent to be applied to soil as a means to increase soil fertility and agricultural yields.
March 7, 2014, 9:25 a.m. EST Vega Biofuels Updates Shareholders on its Bio-coal Product and the Recent Entrance into the Biochar Market for Marijuana and Hemp Growers
March 6, 2014, 9:16 a.m. EST Vega Biofuels and Its Joint Venture Partners Building State of the Art Torrefaction Facility to Produce Bio-coal, Bio-Products and Biochar
March 4, 2014, 9:59 a.m. EST Vega Biofuels Adds Torrefaction Expert to Advisory Committee to Assist in the Manufacturing of It's Bio-coal and Biochar Products
Rumors of significant business updates coming this week! Updates that IMO will send the PPS to new highs!
Pending updates expected: ?? COLORADO Hemp/Marijuana Biochar Order Update ?? Update on order for the products - Biocoal ?? Funding ?? Status of the plant construction
This one is starting to get serious attention folks so act quickly to take a position to maximize gains. The current PPS has been hovering around .01 range.
Expect explosive gains here short, mid and long term.
Short Term Target: .02-.025 Mid Term Target: .025-.04 Long Term Target: .08-.10
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