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Sunday, 05/08/2011 11:22:20 AM

Sunday, May 08, 2011 11:22:20 AM

Post# of 136
This is a rag to richest stock point blank. a up and coming bio fuel play that just recently purchased three 7,500-gallon settling tanks and plan to purchase a 10,000-gallon reactor. Once installed and piped in, this new equipment is expected to increase our facility’s annual capacity by as much as 300%. Currently, our facility is utilizing two 3,000 gallon reactors to refine biodiesel.
NABE is engaged in the production and refinement of virgin, agri-based, commercial grade biodiesel at its plant in Lenoir, North Carolina and has a nameplate capacity of approximately five million gallons per year.
On August 23, 2010, we completed an acquisition of NABE pursuant to the Exchange Agreement. The Company acquired NABE for 990,000 Class A shares of common stock and 1,980,000 Class B shares of common stock with a preliminary valuation of $973,382. As a result of the acquisition, our consolidated subsidiaries include NABE, a wholly owned subsidiary formed under the laws of the State of North Carolina. NABE is engaged in the production and refinement of virgin, agri-based, commercial grade biodiesel at its plant in Lenoir, North Carolina and has a nameplate capacity of approximately five million gallons per year.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7894273
1) OTCBB company that has revenues
2) Completed an acquisition of NABE, North American Bio-Energies, LLC
3) Wholly owned subsidiary, NABE, has a commercial grade biodiesel plant in Lenoir, North Carolina, with a nameplate capacity of approximately five million gallons per year
4) ICNN is no longer a shell company as defined in Rule 12b-2 of the Exchange Act
5) Revenue Year over Year increased 61% 2009 to 2010
6) Aaron Gay appointed to Board of Directors
7) Biodiesel and renewable fuels is a huge market, offering countless growth opportunities
8) Chart is near bottom with a lot of upside potential
9) Very tightly held public float. Only 18.5M shares outstanding

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