GROVELAND, Fla., Nov. 15, 2012 — /PRNewswire/ -- Eco Ventures Group, Inc. (OTCBB: EVGI)
An emerging producer of diversified sustainable alternative energy and resources, today announced the Company was featured, favorably, in a recent research report on the biofuel industry.
That report, titled, "What Happened to Biofuel 1.0?" is available at http://seekingalpha.com/article/939371-what-happened-to-biofuel-1-0. Solaris Certification
The research report is written by Randy Lewis, MBA, CFA, AVA, founder of The GSL Group (www.thegslgroupllc.com Sun Solaris
Mr. Lewis is a highly accredited securities analyst with 13 years experience, and GSL specializes in valuation and business planning services. Excerpts from the report include:
"Earlier this summer, EVGI signed a definitive agreement to acquire Energiepark Suptitz GmbH, a German rapeseed oil producer ('EPS'). EPS is also involved in brokering rapeseed oil and has some interests in solar and wood chips as well. What was 75% ownership, will now be 100%."
"Regarding revenue, management is talking some big numbers, which include primarily EPS. FY 2013 revenue will be derived from:
EPS operations which include the aforementioned
A 3.6 million gallon biofuel facility to begin operations Q1 2013
Another five million gallon facility to begin operations around the beginning of Q4 2013."
Read More: heraldonline.com
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