Vega Biofuels, Inc. (OTCPINK: VGPR) saw its share volume skyrocket on June 24th with 258,928,290 shares exchanging hands, more than five times higher its three month daily average volume of 45,695,326 shares.
Just this morning, Vega Biofuels announced that it has received an order to ship its Bio-Coal product to European Power Companies.
The Company has entered into an Agreement with Austrian based, ECEM Salzburg Energy and Environment Consulting GmbH to sell 50,000 tons of Bio-Coal each year for the next five years. The five year deal will generate approximately $57 million in revenue to Vega.
Vega recently announced it has entered into a Joint Venture to build and operate a manufacturing plant in Allandale, SC to produce Bio-Coal. When completed, the manufacturing plant will use special torrefaction technology to produce the Company's green-energy Bio-Coal product from timber waste that will then be sold to power companies around the world. Bio-Coal has a high energy density of up to 13,000 BTUs/Lb and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and Renewable Energy Credits (RECs) in the United States.
"We've been working with ECEM for a long time and have sent samples of our Bio-Coal to them for testing. We are pleased that the samples were acceptable and that this deal is now coming to fruition," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "Our client has been very patient and supportive during our developmental stage and we look forward to start shipping product to the European trading hub of Amsterdam, Rotterdam and Antwerp once the plant is completed. At a price of $230/mt, this project will generate approximately $11 million in revenue to Vega each year for the next five years."
VGPR closed the day at $.004, 11.11% higher than its previous close of $.0036.
FoxPennyStocks.com is one of the most talked about stock newsletters in the world. To receive 100% FREE stock alerts that have incredible potential, sign up here:
IDGlobal Corp. Sees Share Volume Soar
IDGlobal Corp. (OTCPINK: IDGC) saw its share volume explode on June 24th with 311,236,958 shares exchanging hands, four times higher than its three month daily average volume of 71,947,412 shares.
Last week, IDGlobal Corp. announced that it obtained the exclusive worldwide licensing and distribution agreement from Corr Brands, Inc. (CBI) for GREEN RUSH(TM) Products. A new brand development division will be started by IDGC as the products are packaged for sale and IDGC will invoice all sales for GREEN RUSH(TM) Products in the marketplace.
Sebastien DuFort, president and CEO stated, "This is a significant step for IDGC to enter the medical marijuana market with an established and trusted group. We have been in discussions with other strategic partners and affiliates to ensure we execute and take full advantage of this opportunity. More details about the partnerships and roll out plans will follow."
IDGC closed the day at $.0009, 28.57% higher than its previous close of $.0007.
mCig, Inc. Announces New Ambassador Rick Ross
mCig, Inc. (OTCQB: MCIG) saw its share volume slide on June 24th with 1,508,942 shares exchanging hands, slightly lower than its three month daily average volume of 2,596,811 shares.
Just this morning, mCig announced its third and most exciting brand ambassador: William Leonard Roberts II AKA "Rick Ross". Heralded as one of music's biggest and most influential marketers, his alignment with mCig promises to introduce the brand to his millions of fans worldwide.
Having joined mCig, Inc. as a business partner, Ross will initiate national product endorsements by means of his social media platforms and through various media distribution channels. Additionally, Ross and mCig will be launching a co-branded mCig device codenamed "Mastermind" by winter of 2015. The co-branded mCig is expected to retail for $20 each at point of sale.
"At this stage in my life, I've worked hard and make it a practice to only enjoy the finer things in life. From dining at my favorite Wingstop, listening to "Mastermind", now available in stores, to sipping Belaire Rose while traveling the world; I take pride in dealing with only the best, which is why the mCig collaboration makes the most sense for me and my brand. I've been using the mCig for several months and most definitely enjoy the smoking experience. Thanks to my Crossfit workout regimen, I'm also the healthiest I've ever been and none of that is compromised by using the mCig. The mCig gives me the cleanest experience possible, and as an avid smoker, that's what I depend on. It's sleek, small and affordable, making it accessible to all of my fans. I'm excited to be teaming up with Paul, DJ Swivel and the rest of the mCig team, and even more excited to be designing and launching my own mCig over the next few months," said Rick Ross.
"I couldn't be happier to bring Rick Ross onboard with us here at mCig. For many years Rick has been at the pulse of what's happening in urban music and it was very important for us to be able to bridge the gap and reach those audiences. Rick has shown a remarkable ability to mobilize fans, and promote products that both he and his fan base genuinely like. For us to be able to partner with Rick and introduce new products alongside him is an incredible honor and we're very excited about our upcoming co-branded device," said Jordan "DJ Swivel" Young, mCig's first brand ambassador.
"Rick is the perfect brand ambassador and we are extremely excited to have him on board. Rick has been using our product for several months and has even supported our product before becoming an ambassador. I am honored to have him join the team and am eagerly anticipating the design of our co-branded device, currently codenamed 'Mastermind' which has the potential to more rapidly disrupt our target markets. I want to formally thank Jordan Young AKA 'Dj Swivel' who made this momentous transaction a reality," said Paul Rosenberg, Chairman and CEO of mCig, Inc.
MCIG closed the day at $.491, 6.13% higher than its previous close of $.4669.
FoxPennyStocks.com issues momentum alerts on stocks that can provide gains to day traders.
FoxPennyStocks.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more.
FoxPennyStocks.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals FoxPennyStocks.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading penny stocks. Gain an edge by joining the FoxPennyStocks.com newsletter and receiving alerts from a Pro-Active team of researchers. FoxPennyStocks.com believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe here: http://www.FoxPennyStocks.com
FoxPennyStocks.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always own due diligence with any potential investment.