ofspring, you do understand forward looking statements right? I have highlighted the key words!
ABOUT OUR COMPANY
NewLead Holdings Ltd. is an international, vertically integrated shipping, logistics and commodity company providing ideal solutions for worldwide seaborne transportation of dry bulk commodities and petroleum products through owned and managed vessels.
NewLead executes an accretive fleet growth strategy to expand its fleet from 10 vessels to a stable, modernized diversified fleet of 30 vessels.
NewLead is a Securities and Exchange Commission (“SEC”) reporting Foreign Private Issuer in compliance with applicable SEC rules and regulations and current in its SEC reporting, utilizing U.S. Generally Accepted Accounting Principles’ financial reporting standards.
NewLead’s common stock trades on the Over-the-Counter (OTC) under the symbol “NEWL”.
NewLead controls a fleet of ten vessels, including five dry-bulk and five tanker vessels and manages one third party tanker vessel.
NewLead provides in-house technical and commercial management through its two in-house management companies, Newlead Bulkers S.A. and Newlead Shipping S.A., which manage dry bulk and tanker vessels, respectively.
NewLead focuses on capturing the appropriate market opportunity to begin excavation of coal and become a coal trader offering ideal logistics solutions through washing, blending and crashing, storing and transporting the coal.
NewLead intends to become an integrated commodity, logistics and shipping company.
