New Generation Biofuels Holdings, Inc., a Florida corporation, through its wholly owned subsidiary, New Generation Biofuels, Inc., a Delaware corporation, holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology (the "Technology") to manufacture alternative biofuels from vegetable oils and animal fats that the Company intends to market as a new class of renewable fuel for power generation, commercial and industrial heating and marine transportation.
During the period from inception through March 31, 2009, the Company was considered to be a development stage company. In the second and third quarters of 2009, the Company placed in service its first biofuel production plant, a 5 million gallon per year facility located in Baltimore, Maryland, and has generated revenues from planned principal operations. The Company has therefore emerged from the development stage as of December 31, 2009.
QUOTEAs of 11:20PM EDT March 11, 2014
|Today's Low:||0.001||Avg Vol:||0|
|52 Week High:||0.001||Bid (size):||0|
|52 Week Low:||0.001||Ask (size):||0|
|Business Address:||5850 WATERLOO ROAD SUITE 140 COLUMBIA MD 21045|
|Mailing Address:||5850 WATERLOO ROAD SUITE 140 COLUMBIA MD 21045|
New Generation Biofuels Holdings, Inc. (PINK:NGBF) stock has been in a consequent downtrend for the past year, though its share price surprisingly multiplied in the last two trading sessions. There has been no news recently, and from the company's latest announcements it becomes clear that NGBF should have run out of business by now.read more
These days, some ongoing stock promotions dug up from the summer agony the unloaded New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF) stock. After months of strong decline, NGBF stock was finally fueled and emerged from the next in row bottom.read more
On Friday, following the huge investor enthusiasm from the previous day, New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF) stock surged by 3.73% and closed at $0.25. Even the announced by the company cash conserving measures were not able to convince investors and shorters that NGBF stock may close the week above the psychological limit of $0.28 per share.read more
|There are no comments.|