GROVELAND, Fla., Sept. 18, 2012 /PRNewswire/ -- Eco Ventures
Group, Inc. (OTCBB: EVGI) today reported a successful
National Investment Banking Association (NIBA) Conference in
New York City last week.
Held September
12 – 14, the sold-out conference showcased just 25 high
growth companies to a large number of private equity funds, hedge
funds and investment bankers.
"EVGI President Mark Cox
said. "There are very few developmental stage companies in this
growing sector fully prepared to make the quantum leap to over
$50 million in revenue, with positive
cash flow and a steep upward four-year growth trend, as we expect
to accomplish with the EPS transaction. Understandably, we created
quite a buzz at NIBA."
"And as important as EPS is," Mr. Cox added, "EVGI also
has a number of equally valuable organic Company growth business
initiatives in development that we plan to roll out in the fourth
quarter of this year. So while we are very
excited about the future, we remain focused on the present and
completing our 3.6 million gallon biofuel manufacturing plant in
Groveland, Florida -- where we
recently announced we had applied for, and were granted, local
permits for 20 million to 50 million gallons of annual biofuel
production."
The full Company NIBA investor presentation, and an
accompanying executive summary, is available to the public as an
exhibit to the Form 8-K filed with the SEC September 13.
Randall Lanham, Eco
Ventures Group CEO, said, "With his Wall Street management
background and most recent ten-year focus on the alternative energy
sector, NIBA was the ideal debut for our new president Mark Cox. As expected, he delivered his
presentation flawlessly to a room full of fund managers and
investment bankers generating strong interest with that audience
for participating in our growth. In addition to his presentation,
we had an exhibition booth at this exclusive conference staffed by
EVG management and our senior IR representatives throughout the
week."
About National Investment Banking Association
(NIBA)
NIBA is the only national not-for-profit trade
association of regional and independent brokerages, investment
banking firms, institutional investors and related capital market
service providers. Since its inception, NIBA member firms have
successfully completed over 1,000 equity offerings totaling
approximately $10 billion in new
capital for America's finest emerging growth companies. The member
firms of NIBA represent over 8,000 registered representatives with
an estimated $78 billion in assets
under management, and are responsible for 90% of all Initial Public
Offerings under $20 million. For more
information, please visit
www.nibanet.org. You can also
follow NIBA updates on Twitter @NIBAnet.
About Eco Ventures Group, Inc.
Eco Ventures Group, Inc. ("EVGI") is acquiring
and developing a family of ecologically friendly and economically
sound businesses committed to providing for society's energy and
renewable resource needs
(www.ecoventuresgroup.com).
Safe Harbor Statement
Safe Harbor statement under the Private Securities
Litigation Reform Act of 1995: EVGI encourages
those interested in our Company to rely only on information
included in our filings with the United States Securities and
Exchange Commission which can be found at
www.sec.gov. Statements released
by Eco Ventures Group, Inc. that are not purely historical are
forward-looking within the meaning of the "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995, including
statements regarding the company's expectations, hopes, intentions,
and strategies for the future to include all those of its intended
acquisition of Energiepark Suptitz, GmbH. Investors
are cautioned that forward-looking statements involve risk and
uncertainties that may affect the company's business prospects and
performance. The company's actual results could differ materially
from those in such forward-looking statements. Risk factors include
but are not limited to general economic, competitive, governmental,
and technological factors as discussed in the company's filings
with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not
undertake any responsibility to update the forward-looking
statements contained in this release.
Contact
Eco Ventures Group, Inc.
7432 E. Highway 50, Suite 101
Groveland FL 34736
Phone: (352) 557-4830
Email: info@ecoventuresgroup.com
Investor Contact:
Mirador Consulting
Frank Benedetto
Tel: (561) 989-3600
SOURCE Eco Ventures Group, Inc.