Watch List for Thursday 3-11-2010
My new big pick is
VGPR.
Make sure
VGPR is on your watch list, since it has an explosive history. A move over 2,000% in the past is no joke.
Catching a run this big is like seeing Halley`s comet which only comes around every 75 years!
If you missed the chart in my last email here it is again: http://bigcharts..marketwatch.com/quickchart/quickchart.aspsymb=vgpr&sid=0&o_symb=vgpr&freq=1&time=7
I don`t know if
VGRP is going to ever move 2,000% again but even a move half that size would be incredible!!
Everyone needs power, and alternative power is becoming the norm.
VGPR has developed various biofuel technologies and products with joint ventures around the world.
VGPR plans to build a biomass production facility in Georgia are also moving forward. The proposed 40,000 square foot manufacturing facility will be located in Tifton, Georgia, and will manufacture energy efficient pellet fuel from organic waste bi-products located within Georgia`s Bioenergy Corridor.
The new facility will have the capacity to produce several hundred thousand metric tons of biomass fuel pellets annually. The Company recently announced it is seeking financial assistance from the State of Georgia to build its manufacturing plant. The project is moving forward and will be funded by the Company in the event it fails to receive a grant from the State.
VGPR has 3 main products: Biomass, Pellets, and firelogs.
Biomass or biofuel is material derived from recently living organisms. It is a renewable energy source based on carbon cycles unlike other resources such petroleum. The use of biomass fuels can therefore contribute to the management of waste.
Aside from selling energy,
VGPR will produce 2 consumer products; fuel pellets and fire logs. The products will be generated from organic raw materials.
80% of saw dust from the milling industry cannot be reused,
VGPR can use this waste to their pellets.
Fuel pellets are a type of fuel, generally made from compacted sawdust or other organic waste products. The pellets are extremely dense and can be produced with a low humidity content that allows them to be burned with a very high combustion efficiency.
They can produce energy by being fed into a burner by auger feeding or by pneumatic conveying.
The pellets are produced by compressing the biomass material which has first passed through a hammer mill to provide a uniform dough-like mass. This mass is fed to a press where it is squeezed through a die having holes of the size required. The high pressure of the press causes the temperature of the wood to increase greatly, and the lignin plastifies slightly forming a natural glue that holds the pellet together as it cools.
Currently the demand for pellet fuel is approximately 20 million metric tons per year and increasing. Wholesale market value this year is estimated to be $90 per metric ton. This equates to over $1.8 billion per year. There are simply not enough manufacturing plants to meet this demand.
If you read over some of the recent PR from
VGPR you will see that they have numerous power plants planned around the world.
Here are the headlines, make sure you read over them:
-Vega to Focus on Clean Energy Services in South America
-Vega Updates Site to Include Information on Green Valley Project
-Vega`s Green Valley Project to Restart Power Production
-In A New Audio Interview at SmallCapVoice.com, Michael K. Molen, Chairman of Vega Promotional Systems, Inc., Updates Shareholders and Provides a Company Progress Report
-Vega`s China Venture to Use Special Torrefaction Technology in Ten Manufacturing Plants
-Vega Signs Large Torrefaction Agreement With Hong Kong Firm
Always do your own research and consult with your own financial professional.
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