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TMGR

Oct03
2012
Leave a Comment Written by THESTOCK411.COM

Green Processing Technologies, Inc. (TMGR) announced today that its BioGrow division has sold 20 tons of its BioGrow(TM) organic soil amendment and growth accelerator product to Capital Energy Xploration, a Wyoming-based oil and gas exploration and service company.

Capital Energy Xploration will use Green Processing Technologies’ BioGrow(TM) to accelerate vegetation growth on a completed drilling site located in Pennsylvania in order to return the site to its original state. BioGrow(TM) serves to moderate the pH, supply nutrients and organic matter, reduce crusting and lower soil density on contaminated mining sites. BioGrow(TM)’s organic matrix serves a multitude of functions in soil fertility and may be the most significant single mechanism whereby fertility constraints are removed in both commercial and residential applications.

Chairman and CEO of Green Processing Technologies, Stephen D. Cummins, commented, “We are very excited to sell our BioGrow land remediation product to Capital Energy Xploration, which is a forward-thinking oil and gas company with an honest land ethic. The remediation and reclamation of drilling sites and mine tailings is a challenging global environmental issue and BioGrow is one of the most effective solutions to this problem. We believe that Capital Energy’s utilization of BioGrow on completed drilling sites will generate a great deal of interest in the product throughout the Mid-Atlantic region’s oil and gas exploration community and beyond.”

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Posted in Hot Stock Picks, News, Penny Stocks, Pink Sheets, Watchlist - Tagged GAINS, hot stock picks, momentum stocks, news, the stock 411, TMGR, TMGR.QB, watch list
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