Business Description Momentum Biofuels, Inc., an alternative fuel processing company, produces and markets biodiesel fuel for local distributors, jobbers, and state and local government fleets in the United States. Biodiesel is a renewable fuel for use in diesel engines that is derived from vegetable oils, such as soybean and mustard seed oil and can be mixed with petroleum based diesel fuel for use in existing diesel engines. Momentum Biofuels has strategic relationships with TES Energy Development, LLC; DAK Renewable Energy, Inc.; Green Field Products (Canada), Inc.; and Stewart Environmental Consultants, Inc. The company was founded in 2006 and is headquartered in League City, Texas.
Profits for 2011 projected at $150,000,000+ (Which equates to 4,500,000 for MMBF, just on ROYALTY. Not mentioning managements other "intents" for revenue opportunities)
The Senate recently passed the biodiesel tax credit in which is $1.00 per gallon produced. The plant is thought to be starting up very soon, and the stock is moves incredibly thin...MMs knocked off often with 5k blocks. Great potential for revenue from the company:
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