Vega Biofuels Adds Biochar Expert to Advisory Board
March 24 2014 - 9:00AM
Access Wire
NORCROSS, GA / ACCESSWIRE / MARCH 24, 2014 / VEGA BIOFUELS, INC.
(Pink Sheets VGPR) announced today it has added a leading biochar
expert to the Company’s Advisory Board.
Biochar Now, LLC Co-Founder, James Gaspard has accepted a
position on Vega’s Advisory Board. Mr. Gaspard is an expert
in the field of biochar. His industry accomplishments include
co-founding one of the largest manufacturers of “high-quality”
biochar in the industry today. Biochar Now, LLC has been
producing biochar commercially for several years and is currently
selling biochar to legal marijuana growers in Colorado and has
completed required multi-year tests to successfully demonstrate the
benefits and capabilities of biochar to large corporate end-users
across many diverse industries and applications.
Vega recently announced that it has entered into a Joint Venture
to build a state of the art torrefaction facility in Allendale, SC
called ATP-SC, LLC that will produce various torrefied products,
including bio-coal.
In addition to producing bio-coal, the Company recently
announced it is expanding its business model to include the
production of biochar to be marketed to growers in the burgeoning
legal Marijuana and Hemp industries. Biochar is a highly
absorbent, specially designed charcoal used as a soil amendment for
the agricultural industry. It is made under specific
conditions with the intent to be applied to soil as a means to
increase soil fertility and agricultural yields.
“As we expand our business to include the production and
marketing of biochar, we felt that it was important to surround
ourselves with individuals that have the background and knowledge
to help guide our efforts moving forward,” stated Michael K. Molen,
Chairman/CEO of Vega Biofuels. “Our search lead us directly
to James Gaspard and we are excited that he will be joining our
Advisory Board. We are very serious about this part of our
business and the knowledge of the biochar industry that James
brings to our Company is enormous. He is currently
manufacturing and selling biochar to legal marijuana growers in
Colorado. I’ve had the pleasure to spend time with James and
I can’t think of anyone that is a better fit for our Company.
We will have additional announcements concerning our entry into the
biochar industry in the coming days.”
Mr. Gaspard joins torrefaction expert, Joseph J. James on the
Company’s Advisory Board.
Mr. Gaspard stated, “The biochar industry is transitioning from
research and development into manufacturing and delivery of
product. The legal marijuana growers in Colorado that we are
selling biochar to are experiencing tremendous results.
However, in order for this industry to grow and keep up with the
tremendous demand for biochar worldwide, it is important for
individuals with knowledge and expertise in the public markets to
get involved. This is why I am excited to work with Mr. Molen
and Vega’s management team.”
Vega Biofuels has developed a renewable energy product known as
“bio-coal”. Bio-coal is manufactured from organic waste
products, primarily timber waste, using special torrefaction
technology. The bio-coal will be shipped to European power
generating companies from the Port of Savannah.
Certain statements in this release constitute
forward-looking statements or statements which may be deemed or
construed to be forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The words
"forecast,” “plan,” "project," "intend," "expect," "should,"
"would," and similar expressions and all statements, which are not
historical facts, are intended to identify forward-looking
statements. These forward-looking statements involve and are
subject to known and unknown risks, uncertainties and other factors
which could cause the Company's actual results, performance
(finance or operating) or achievements to differ from future
results, performance (financing and operating) or achievements
expressed or implied by such forward-looking statements.
CONTACT:
Vega Biofuels, Inc.: 800-481-0186
info@vegabiofuels.com
vegabiofuels.com
SOURCE: Vega Biofuels, Inc.