Make sure you have VGPR on your watch list. It has already started to trend up the last few weeks and could accelerate if it break outs big.
VGPR definitely looks cheap enough where there's room for big move!! A 2,000% rally just a few months already says this one has huge potential.
VGPR could become a serious giant in the biofuels sector.
It is estimated that over the next five years, the use of biomass products as an alternative energy source could reach $10 billion per year!
It will be amazing to see how fast this industry could grow in the next few years.
The World Bank has reported once that biofuel industries require about 100 times more workers per unit of energy produced than the fossil fuel industry.
The ethanol industry is credited with providing more than 200,000 jobs in the United States and half a million direct jobs in Brazil.
VGPR is involved in an industry that could not only save our planet but boost employment and save consumers and power plants a considerable amount of money.
You think our cars emit a lot of pollution? It's nothing compared to the power plants in this world.
Fossil fuel-fired electric power plants constitute the largest source of air pollution in the U.S. This kind of pollution is what speeds up global warming!
VGPR has a product that can be used in existing coal power generating plants to reduce emissions.
Fuel pellets represent a huge profit opportunity for VGPR!
Emissions from pellet burning equipment are in general very low in comparison to other forms of combustion heating.
They are used by power companies as a clean, efficient alternative to fuel their power plants and generate electricity. More and more power generation plants in Europe are being converted from using diesel to pellet fuel use.
The market is wide for VGPR as pellet fuel has grown in demand over the past decade.
It's been said that you can save 40% off your home heating bills by using wood fuel pellets instead of heating oil!
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 which equates to over $1.8 billion per year!
But there are simply not enough manufacturing plants to meet this demand.
With VGPR's technology and expertise, they can install 50 machines that will have the production capacity of between 4 and 5 tons per hour, per machine!
This equates to approximately 1 million metric tons of product per year, creating annual revenue of approximately $90 million per year, with a gross profit of 45%!!
VGPR has projects already in Indiana, Georgia, and China and are focusing on South America.
VGPR's focus on Asia could also be a huge factor in future growth.
VGPR and its Joint Venture partner, Global Capital Market, LTD (GCM), located in Shenzhen City, China, recently announced plans to build multiple manufacturing plants throughout Asia!
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.
Torrefaction is a partial carbonization process that takes place at temperatures between 475-575 degrees in a low temperature environment which makes the physical and energetic properties of the biomass much more comparable to traditional coal.
The biomass is then compress into briquettes to be sold to the end user.
VGPR has developed a new formula that binds saw dust and/or agricultural waste together to form briquettes.
Emissions from these briquettes are very low with very little residue. Existing coal power generating plants can use this product to reduce their emissions!
President Barack Obama wants the US to produce 36 billion gallons of ethanol and other biofuels per year by 2022!
Government support like this could establish a serious demand for companies like VGPR.
Imagine if all the power plants in the world started doing business with VGPR!
VGPR Chairman Michael K. Molen commented, "Even though we are a small company operating in a very large industry, the opportunities are vast and the rewards are high. This is a very exciting time for the Company and we want to thank our shareholders for their continued patience as we move forward."
For more information on VGPR visit their website at: www.vegabiofuels.com Always consult with your own financial professional.
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