NGEY IR e-mail response received this morning by s
Post# of 67
Posted On: 03/03/2016 11:45:19 AM
NGEY IR e-mail response received this morning by shareholder elsewhere:
Dear Mr. xxxx:
Thank you for your inquiry.
First of all, I would like to welcome you aboard as a new shareholder of NGEY.
Please accept my apology of not getting back sooner, but with our Moringa announcement on Monday, we have had an unusual amount of response from both Moringa users, suppliers and shareholders alike.
We have some very exciting and lucrative events taking place.
You are correct in stating that I cannot be specific on a lot of these topics until they have been made public, but to answer your questions briefly.
1) Will NGEY be manufacturing the MorningUP protein bars as well as
distributing them? If so, how soon can we expect updates on the progress?
We are currently in the process of testing our Moringa protein bars with several companies for manufacturing and distribution.
The Moringa needs to be blended with other products and has to contain the required amount of Moringa to receive the nutritional benefits from the product
The taste of the product is of utmost concern for the distributors.
We have commitments from many distributors, including both large and small companies.
We are also almost complete with having our Moringa “Certified Organic” by www.ics-intl.com/index.html.
This is not required, but this will open our distribution to the Premium markets such as Whole Foods and Trader Joes.
The added benefit is that since our fish are fed Organic Certified Feed, we will be able to sell our Tilapia as Non-GMO Certified to those same Premium markets where Non-GMO Tilapia is selling for $14 a pound!
2) It was mentioned in the letter to shareholders that a partnership is being explored with a Cargill subsidiary. Is this a possibility and if so how soon will we hear about it?
We have had the people from EWOS at our farm to monitor our feed process long before Cargill bought them.
See http://www.bloomberg.com/news/articles/2015-0...sh-farming.
They are looking for plant protein substitutes for Soybean. They love the idea of Moringa because it has a higher protein content than Soybeans, doesn’t compete with human food, is not subject to the volatility and speculation of the Commodities markets and can grow in the desert so that it doesn’t compete with existing farmland.
I hope this answers your questions in a general way. Please follow our filings and press releases for more detailed information. We also send out a monthly newsletter as well, so please include a mailing address and an email on our contact page and we will add you to the shareholder list.
Sincerely,
Charlotte Luer
Director of Investor Relations
Dear Mr. xxxx:
Thank you for your inquiry.
First of all, I would like to welcome you aboard as a new shareholder of NGEY.
Please accept my apology of not getting back sooner, but with our Moringa announcement on Monday, we have had an unusual amount of response from both Moringa users, suppliers and shareholders alike.
We have some very exciting and lucrative events taking place.
You are correct in stating that I cannot be specific on a lot of these topics until they have been made public, but to answer your questions briefly.
1) Will NGEY be manufacturing the MorningUP protein bars as well as
distributing them? If so, how soon can we expect updates on the progress?
We are currently in the process of testing our Moringa protein bars with several companies for manufacturing and distribution.
The Moringa needs to be blended with other products and has to contain the required amount of Moringa to receive the nutritional benefits from the product
The taste of the product is of utmost concern for the distributors.
We have commitments from many distributors, including both large and small companies.
We are also almost complete with having our Moringa “Certified Organic” by www.ics-intl.com/index.html.
This is not required, but this will open our distribution to the Premium markets such as Whole Foods and Trader Joes.
The added benefit is that since our fish are fed Organic Certified Feed, we will be able to sell our Tilapia as Non-GMO Certified to those same Premium markets where Non-GMO Tilapia is selling for $14 a pound!
2) It was mentioned in the letter to shareholders that a partnership is being explored with a Cargill subsidiary. Is this a possibility and if so how soon will we hear about it?
We have had the people from EWOS at our farm to monitor our feed process long before Cargill bought them.
See http://www.bloomberg.com/news/articles/2015-0...sh-farming.
They are looking for plant protein substitutes for Soybean. They love the idea of Moringa because it has a higher protein content than Soybeans, doesn’t compete with human food, is not subject to the volatility and speculation of the Commodities markets and can grow in the desert so that it doesn’t compete with existing farmland.
I hope this answers your questions in a general way. Please follow our filings and press releases for more detailed information. We also send out a monthly newsletter as well, so please include a mailing address and an email on our contact page and we will add you to the shareholder list.
Sincerely,
Charlotte Luer
Director of Investor Relations
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A very apposite motto for those who trade successfully in the OTC market..
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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