Monday, October 02, 2006

Vision Energy Group, Inc. Prepares to Purchase Biodiesel ...

Vision Energy Group, Inc. Prepares to Purchase Biodiesel ...
Business Wire (press release) - San Francisco,CA,USA
Vision Energy Group, Inc. (Pink Sheets:VGYI) prepares to purchase biodiesel production unit in Mississippi. Vision Energy Group, Inc. ...


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Vision Energy Group, Inc. (Pink Sheets:VGYI) prepares to purchase biodiesel production unit in Mississippi.

Vision Energy Group, Inc. advises they have retained a leading industry exponent to inspect this biodiesel production facility which has a capacity of 60,000 gallons per day.

The plant has been producing only 20,000 gallons per day but can be increased by applying an increase in working capital.

Subject to their Consultant’s final report being favorable, Vision Energy Group plans to make an offer to purchase and take over this operation as soon as possible.

Investigations carried out over the past six weeks have given positive indications overall.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
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