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Last $0.0023 USD
Change Today -0.0006 / -20.69%
Volume 107.7K
VGPR On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

vega biofuels inc (VGPR) Snapshot

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Day High
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52 Week High
01/22/15 - $0.49
52 Week Low
11/25/15 - $0.0020
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for VEGA BIOFUELS INC (VGPR)

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vega biofuels inc (VGPR) Details

Vega Biofuels, Inc. engages in the production and sale of biofuel products. It produces Bio-coal from timber waste using torrefaction technology; and Biochar, an absorbent designed charcoal-type product primarily used as a soil enhancement for the agricultural industry to increase crop yields. The company was formerly known as Vega Promotional Systems, Inc. and changed its name to Vega Biofuels, Inc. in January 2010 to better reflect the business of the company. Vega Biofuels, Inc. was incorporated in 1986 and is based in Norcross, Georgia.

2 Employees
Last Reported Date: 05/2/12
Founded in 1986

vega biofuels inc (VGPR) Top Compensated Officers

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vega biofuels inc (VGPR) Key Developments

Vega Biofuels, Inc. will Change its Ticker to VGPR from VGPRD

Effective November 13, 2015, Vega Biofuels, Inc. will change its Pink Sheets LLC stock ticker symbol to VGPR from VGPRD.

Vega Biofuels, Inc. Enters into Joint Venture Agreement with Laoc, Inc. to Produce Bio Coal

Vega Biofuels, Inc. announced that it has entered into a Joint Venture Agreement to manufacture and market the green-energy product, Bio-Coal. The Joint Venture company includes Vega Biofuels and Laoc, Inc. The Joint Venture will operate under the name of LV, Inc. and will operate from Laoc's facility in Richlands, VA. Vega Biofuels recently entered into an Agreement with Vencor International, Inc. to manufacture the company's Bio-Coal energy product on an exclusive basis. Vencor International has since ceased operations prompting Vega to go directly to Mr. Vance for production of its Bio-Coal product. The two companies have been working together recently to meet the requirements of Vega's clients and testing of the torrefied wood product exceeded the requirements to be called Bio-Coal. Manufactured from timber waste using torrefaction technology, Bio-Coal has a high energy density of up to 13,000 BTUs/Lb and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and Renewable Energy Credits (RECs) in the United States. Both Vega Biofuels and Laoc, Inc. will market products manufactured by the JV. Profits derived from the JV will be shared equally between the parties. Vega will be responsible for all decisions associated with marketing the products of the JV and Laoc, Inc. will be responsible for all decisions associated with production of the JV's products. In order to finance the new venture, Vega Biofuels has undergone a reorganization of its securities and is planning a Private Placement of its common shares.

Vega Biofuels, Inc. will Change its Ticker to VGPRD from VGPR

Effective October 16, 2015, Vega Biofuels, Inc. will change its Pink Sheets LLC stock ticker symbol to VGPRD from VGPR.


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