Some info about TLBT CEO John King Part 1 of 2
Crivello group did a good job putting someone in charge who actually has experience in Alternative Fuel arena.
NewGen Technologies Broadens Management Team to Drive International Expansion
Business Wire, Sept 15, 2005
CHARLOTTE, N.C. -- NewGen Technologies, Inc. (OTCBB: NWGN) today announced that, effective September 12, 2005, S. Bruce Wunner, chairman, will assume the position of CEO of NewGen Technologies, Inc. John King, previously NewGen's CEO, has been appointed CEO of NewGen Fuel Technologies, the company's newly-formed international subsidiary designed to pursue overseas opportunities, beginning in Europe. By leveraging John King's extensive international experience, NewGen is better equipped to take advantage of demand trends both domestically and abroad.
S. Bruce Wunner, chairman and CEO, stated, "We are pleased to announce John's appointment in this new position, heading up our overseas growth strategy. With funds now in hand, we are in a position to move forward with our development plans to become a leader in the production, processing, and marketing of biofuels. Biofuels are at the cusp of becoming mainstream, commercially-viable alternative energy products due to rising fuel prices and increasing political support. Given such favorable trends, NewGen is in the process of aggressively building a strong foundation for growth within a nascent industry."
John King, CEO of NewGen Fuel Technologies, commented, "I am excited to lead NewGen's international operations at this juncture. The opportunities that exist for NewGen's fuel products overseas, particularly in Europe, are quite attractive given stringent environmental regulations and the impact of the Kyoto Protocol. We view international markets as a key part of NewGen's strategy to provide leading-edge fuel technologies that offer greater efficiency and lower pollutants than gasoline or diesel today."
