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Friday, April 24, 2015 4:23:23 PM
Business Information
Vega was formed to pursue the production and sale of biofuel products
l
thr[ughout the world. With the growing need for clean energy, and the uncertain
costsif fossil fuels, power generating plants around the world are looking at more
useful and economical methods to run their power systems. The Company, along
with its joint venture partners ale curently developing a manufacturing plant in
Allandaie, South Carolina to produce Bio-coal from timber waste.
The Company was organized in 1986 in the State of Delaware' The Company
moved to Wyoming in 2010.
The Company has no primary or secondary SIC Codes
The Company's fiscal year end is December 31'
When completed, the South Carolina manufacturing plant will market Bio-coal
made fromlimber waste using torrefaction technology. The product will be
shipped through the Porl of Savannah to clients around the world.
Facilities
The South carolina facility is being constructed on 15 acres of land in Allandale,
SC. The Company's joint venture is leasing the land'
this is noted at the end of the current vgpr financials - BUT sadly this refers to a FORMER project...that has since been scrapped...but apparently not updated in the filing....
this lack of detail after so much time is tragic....reflects poorly on us as well...sigh...
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