Wednesday, March 30, 2011 1:11:37 PM
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=46301
Zero Cash
Only Asset is a $500k Poker Software License
Liabilities $119,640 (Notes Payable)
Zero Revenue
General and administrative expenses YTD $134,940
Common stock, $0.0001 par value; 50,000,000,000 shares authorized,
29,504,522,195 shares issued and outstanding
Item XVI Management’s Discussion and Analysis or Plan of Operation
During the next twelve months, the Company plans to raise the necessary capital to construct a 40,000 square ft. manufacturing facility in South Georgia that when completed, will manufacture bio coal from timber waste using torrefaction technology.
It is anticipated that there will be a significant change in the number of employees.
The following is a brief description of the Company’s Business Plan:
Who We Are: We are a newly formed biomass sales and manufacturing company.
What we do: When the South Georgia facility is completed, we will market the bio coal that we manufacture to power companies around the world.
How we do it: The bio coal that we will manufacture will be made using torrefaction technology.
Source:http://www.otcmarkets.com/stock/VGPR/financials
Andrew C. Kiolbasa
Trading strategies discussed are often high risk and not suitable for all investors. The opinions written and posted are solely of the author. Please do your own due diligence before buying or selling any security in the open market.
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