Las Vegas, NV -- (SBWIRE) -- 01/14/2013 -- BioNitrogen Corp (PINK:BION) has recently announced that initial feasibility study for its first plant in Hardee County, Florida has been completed by Granherne, Inc and PRM Energy Systems Inc.
Bio Nitrogen Corporation specializes in cleantech technology to build environment friendly plants for the conversion of biomass into urea fertilizer. The proposed plant in Hardee County includes PRME gasification systems. The company’s management is excited about the completion of initial feasibility study which allows them to move into next critical level of plant construction.
Earlier the company also acquired about 600 acres of land in Hardee County, Florida for $9.7 million for the construction of their first plant. Construction of their plant is expected to start in start of the current year. It is projected that the proposed plant will have the capacity to produce 15 tons of urea per hour resulting into 360 tons per day and 124,200 tons per annum.
The company’s market valuation stands at $35 million from which it can be established that the stock is backed by strong fundamentals.
To find out what OTCMAGIC projects for Bio Nitrogen Corporation for both short term and long term please click here: BION
OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Penny Stocks!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)