InvestorsHub Logo
Followers 33
Posts 1023
Boards Moderated 0
Alias Born 04/30/2014

Re: Taemujin post# 60881

Friday, 07/18/2014 3:05:58 PM

Friday, July 18, 2014 3:05:58 PM

Post# of 76488
I can't think of another reason, but I doubt they will just give the money to Biochar Now, LLC for another production line. Right now VGPR is just their distributor. Hard to say, maybe they are looking at some type of joint venture or ownership in Biochar Now? Thats the problem I have with most VGPR press releases, it opens up more questions then answers them. In this case I think they should have not published this press release until they can go into more details. It makes me a bit nervous what people might interpret.

Same goes true for the BioChar press release. I have yet to be able to find anything about with ECEM Salzburg Energy and Environment Consulting GmbH. If they did get a firm detail worth $57 million I would think a bank or lending institution would lend them enough funds and working capital to get their facility in SC up and running asap and they would not need to do any private placements.

Yes I do own a lot of VGPR and want them to succeed. I just feel we need more substantial details as shareholders.