Dallas, TX / ACCESSWIRE / October 16, 2014 / Algae International Group, Inc. (OTC: ALGA), through its operating subsidiary American Seed & Oil Company, Inc., announced today a new article released by Doug Fine, the author of 'Hemp Bound:'
Hemp is on its Way to Your Car Battery and Many Things You Haven't Yet Imagined
Mr. Fine's article provides a comprehensive and entertaining update on the U.S. hemp industry through the 2014-growing season. He also envisions the coming future of hemp in the digital age reporting on current uses of hemp most people would never imagine, to include nanotechnology applications using hemp in the construction of supercapacitors to replace current battery technology. Fine's article goes on to highlight specific projects in the only three States in the U.S. where hemp was grown in 2015: Colorado; Kentucky, and Vermont. Fine highlights the exceptional economic potential of hemp grown in Vermont and enthusiastically applauds American Seed & Oil Company's campaign to recruit hemp farmers.
American Seed & Oil Company is recognized as the largest legal hemp grower in the State of Vermont.
Share Structure:
As of October 2014, the Company has approximately 31 million common shares issued and outstanding.
About Algae International Group, Inc.
Algae International Group, Inc. (OTC: ALGA), through its operating subsidiary American Seed & Oil Company, Inc., is in the business of hemp production in Vermont to supply seed to the expanding hemp farming market, hemp based consumer products market, and hemp based construction material market. The Company is also piloting a number of other cannabis related products. For more information please visit www.americanseedandoil.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
CONTACT:
Mike Murphree
Phone: 972.528.0162
Email: [email protected]
SOURCE: Algae International Group, Inc.