Natural Fuels Industries, Inc.
Vega Promotional Systems change name to: Natural Fuels Industries, Inc..
Vega Promotional Systems to Become 'Natural Fuels Industries'
LONDON, Feb. 5, 2009 /PRNewswire-FirstCall/ -- Vega Promotional SYSTEMS, INC. (Pink Sheets: VGPR) today announced it has filed an Amendment to the Company's Articles of Incorporation with the State of Delaware to change the name of the Company to Natural Fuels Industries, Inc.
The Company recently announced it had acquired Montana based Natural Fuels Industries, LTD (NFI) and said it would announce certain reorganization plans now that the acquisition was completed.
The management team of NFI, headed by CEO Bill Jacobson, will take over the day to day management of the Company.
Natural Fuels Industries (NFI) manufactures various products including energy efficient pellet fuel made from organic waste bi-products using unique and innovative ideas combined with proven technology.
The Company's current expansion includes building manufacturing plants in various international locations that will produce bio-mass products and bio-diesel products for power generation units. It is estimated that in the next five years the bio mass industry will become a $20 billion industry.