NVAE Merger in The Works!!
Algae International Group, Inc.
http://www.prweb.com/releases/2012/7/prweb9727590.htm
Company Link (Philip Verges Blog Site - Click The NewMarket Technology Logo)
https://philip-verges.squarespace.com
Updated June 30, 2012 Financial Statement (Currently In The Process Of Being Filed With The OTC Pink Market)
http://www.philipverges.com/savanna-updated-financial-report
Blog Entry:
https://www.philipverges.com/greenfield/2012/...n-standard
Share Structure As of June 30, 2012
Common - 2,000,000,000 Authorized
1,247,639,148 Issued
316,337,278 Outstanding
Preferred - 10,000,000 Authorized (0 Issued/0 Outstanding)
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Algae International Group is quickly moving technologies out of the lab and into commercial-scale algae production. Many new algae farms are scaling up to produce algae oil and biomass for co-products. Algae proven technologies are being implemented today in the scale-up of the new algae industry. Enhancements by researchers will surely continue as algaepreneurs move into commercial algae production. We are united in wanting to help the US to get off foreign oil, to create jobs right here in the US and to reduce CO2 emissions. Since our government and corporate America are slow to move into commercial algae production, algaepreneurs are taking on the task of setting up new algae production facilities throughout the US.
  Savanna East Africa Signs LOI to Acquire Algae International Group Savanna East Africa, Inc. announced today it has signed a Letter of Intent (LOI) to acquire Algae International Group, Inc. (AIGI) http://www.algaeplanet.com a private Nevada Corporation that's business plan is to produce high grade Biofuel from Algae. The LOI is a non-binding agreement allocating an exclusive period for the parties to negotiate towards a definitive transaction terms. AIGI has developed a new generation of biodiesel feedstock that will minimize pressure on food supplies, help reduce greenhouse gas emissions and increase energy efficiency. The company expects to participate in a larger partnership to acquire an initial interest in an intense biofuel manufacturing operation adjacent to a fuel cell and wastewater treatment facility California. AIGI is working to develop an ongoing symbiotic relationship with fuel cell locations across California. AIGI is dedicated to the development and manufacture of advanced biofuels using algae cultivation adjacent to waste water and fuel cell facilities to capitalize on free methane, carbon dioxide, nitrates and phosphates for the exploitation of advanced alternative fuel energy technologies. The plan to acquire AIGI is the first step in an overall plan to reposition Savanna East Africa for renewed growth. The Company will release further updates as plans progress. The transaction is represented by Regus Advisors Inc., a private global Investment Banking firm that provides strategic and financial advisory services to private and public companies to include; structure, documentation, financing and exit strategies as well as listing on domestic or foreign exchanges For more information please contact Regus President, Mervyn Price - mprice(at)regusadvisors(dot)com. About Regus Advisors Inc: For More Info: http://www.regusadvisors.com Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. NVAE does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law. |
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| Chairman of NVAE Philip Verges e-mail: smeppp@gmail.com |
| Twitter Link: https://twitter.com/philipverges |
