We have discovered a biofuel play that has shown a tendency to move very huge! Also, it is indicating a possible reversal! We believe the timing is very great on our new play for Thursday - VGPR - Vega Promotional Systems.
Vega Promotional SystemsSymbol: VGPRCurrent Price: $0.0139Snapshot - "VGPR was formed to pursue the production and sale of biofuel products throughout the world. The company's current expansion includes building manufacturing plants in various International locations that will produce biomass products and bio-diesel products for power generation units. VGPR is now trading at a market cap of only around $5 million and moved from around the $0.002 level to $0.039 recently and has since corrected to its current price where we could see the stock move again! We believe VGPR might be experiencing a possible reversal now! VGPR announced on December 9th that they entered into a Joint Venture Agreement to build multiple manufacturing plants throughout China to produce alternative energy using torrefaction technology. In addition to China, Vega now has active projects under way in Western Indiana, South Georgia, and Brazil. VGPR could become a very big biofuel play again soon!"According to the December 9th press release, VGPR and its Joint Venture partner, Global Capital Market, LTD (GCM), located in Shenzhen City, China, plan to build up to 10 manufacturing plants throughout the country.The Joint Venture company will utilize special torrefaction technology to produce pellets from organic waste products that will then be sold to power generating companies.VGPR recently issued a Q4 update to shareholders.The company commented that their business is expanding much faster than they ever expected. VGPR has also started the process of moving from the Pinksheets to the OTCBB.VGPR has several projects ongoing: The Green Valley Project - The addition of Robert Chew to assist in redesigning the Green Valley Project has moved that project to the forefront of the Company's plans. Mr. Chew has arranged for a meeting of engineers to take place on December 18, 2009 at the western Indiana production site. The purpose of this meeting is to finalize the specifications for the generator sets to be installed on the land recently leased by the Company directly above the Green Valley Mine. The company's goal is to have the new generator sets in place and operational during the first quarter of 2010.South Georgia Manufacturing Plant - The company recently announced plans to build a manufacturing plant in the State of Georgia to produce biomass products and bio-diesel products for power generation units. The plant will be located in Tifton, Georgia.Brazil Manufacturing Plant - The Joint Venture Project, Biomass of the Americas, LTD will utilize special alternative energy technology called torrefaction. Torrefaction converts most forms of biomass waste into thermally treated biomass powder that is then turned into bio-coal briquettes for shipment to the end user. Members of Vega's management team will be in Brazil during the month of January and we will provide additional information at that time.As mentioned above, the China project is also ongoing with Global Capital Market, LTD. We believe VGPR is at a great point in its chart right now. VGPR is trading right above its 50-day moving average and is indicating a possible reversal from 12/15's trading session!This may turn out to be the perfect time to play VGPR! We believe a lot of investors are watching this stock and they are most likely seeing the same possible reversal that we are! With a confirmed reversal, we could see a big rush for VGPR shares!Keep up to date on VGPR within our Stock Hub and this Stock Newsletter!Take the time to check out VGPR's very nice flash Web site at www.VegaBioFuels.com for more information!
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Russ Urban
Staff
FeaturedProfiles.com
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