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Tuesday, March 25, 2014 12:06:41 PM
And going by the 3/24/14 PR with the new CEO Partner saying:
Mr. Gaspard stated, "The biochar industry is transitioning from research and development into manufacturing and delivery of product. The legal marijuana growers in Colorado that we are selling biochar to are experiencing tremendous results. However, in order for this industry to grow and keep up with the tremendous demand for biochar worldwide, it is important for individuals with knowledge and expertise in the public markets to get involved. This is why I am excited to work with Mr. Molen and Vega's management team."
It greatly suggests that the next thing this ticker could hear about is an official JV with James Gaspard and Biochar Now - imo
It's a win/win for both sides and the fact that Biochar Now already has an operating plant in CO makes it that much better imo -
Knowing VGPR is no stranger to be setting up JV's currently and Biochar Now CEO James Gaspard mentioning the importance of "public markets", puts the probability of a JV with Biochar Now pretty high since the CEO has already agreed to come on board officially in advisory capacity - espesh when they could otherwise be considered competitors in the same marketplace - imo
NORCROSS, GA / ACCESSWIRE / MARCH 6, 2014 / VEGA BIOFUELS, INC. (Pink Sheets VGPR) announced today it has entered into a Joint Venture Agreement to build and operate a pilot torrefaction facility in South Carolina that will manufacture the Company’s bio-coal and biochar products.
Vega Biofuels (Vega) and its partners, including Agri-Tech Producers, LLC (ATP), are building the state of the art facility in Allendale, SC. The new Joint Venture entity will operate under the name ATP-SC, LLC and will produce various torrefied products. The Joint Venture partners plan to build additional plants around the world and the Allendale pilot plant will be a model for those plants.
Columbia, SC based ATP is in the business of manufacturing and selling cost-effective torrefaction equipment to be used to manufacture torrefied materials and solid fuel. ATP has licensed and commercialized the innovative torrefaction technology originally developed by North Carolina State University.
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