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New Generation Biofuels is a development stage renewable fuels provider. We hold an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from vegetable oils and animal fats that we intend to market as a new class of biofuel for power generation, heavy equipment, marine use and as heating fuel. We believe our proprietary biofuel can provide a cheaper, renewable alternative energy source with significantly lower emissions than traditional fuels. Our business model calls for establishing direct sales from manufacturing plants that we may purchase or build and sublicensing our technology to qualified licensees. For more information on New Generation Biofuels, click company logo for Web site and Yahoo! Finance quote above.
| Recent Price: |
$4.74 |
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Fiscal Year End: |
December 31 |
| 52-Week Price Range: |
$7.75–$3.00 |
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Market Cap: |
$87.8 million |
| Shares Out: |
18,525,181 |
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Average Daily Volume: |
44,781 |
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