Started accumulating VYGO.OB at $.06. Currently around $.17 Supposedly PR campaign to start next week. They have 3 facilities for private label oil derived from recycling dirty oil (only 2 have been announced). Facilities are only running at 20% capacity for now, but with 35% margins and production contracts in hand,and minimal labor costs, VYGO should be able to grow revenues very quickly with increased production. Not much info available but have done my digging and I like the model for specialty oils (no dry holes) and the management is top notch. This is a new company where the holdover owner's and IR person's shares have pretty much been absorbed now (around 6mm), and the PP placement at $.10 was the bottom a couple of weeks ago. I think there are about 95mm shares now with a float of around 40mm. May 15th a third party close to the company bought out Cornell and Tre Investments debentures which is always good. PR campaign will be getting more attention in Germany and Sweden than here, but I expect $.60 or more by Christmas with contracts already in place.
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
