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3/15/2016

PerishableNews.comSeafood

TilapiaProductionFullyUnderwayAtNewGlobalEnergy
byNewGlobalEnergy,Inc.
Posted:2016031115:41:15EST

THERMAL,Calif.NewGlobalEnergy,Inc.,apubliccompanyfocusedonAquaFarming,Agriculture,andHealth&
Wellness,announcedtodaythatitstilapiaseasonisinfullswingandonscheduletoproducerecordbreakingrevenue.
AtAquaFarmingTech,NGE'swhollyownedsubsidiary,therearetwospawningseasonsintheSpringandFallthatproduceone
milliontilapiaeachthatweexpecttobeatotaloftwomillionannually.Thismonth,theFallseason'stilapiaarecomingtofull
maturityatapproximatelyonepoundeachandarepreparingtogotomarketat$3.60perpound(delivered)or$3.00perpound
(pickedupatthefarm)withpriceincreasesexpected.
"WeareverypleasedthatourtilapiafarmoperationintheCoachellaValleyismoreprofitableandsustainablethaneverbefore,"
saidChiefExecutiveOfficerPerryD.West."Assoonasourtilapiareachfullmarketsizewearereadytorampupsalesinorder
tomeetincreasedconsumerdemandforqualityseafood.2016willbearecordyearforourfarms."
NewGlobalEnergy'sfarmsareuniquelysuitedtogrowtilapia,whichisatropicalfish,becauseofthearea'swarmclimateand
theavailabilityofwarmfreshwaterfromgeothermallyheatedwells.Thecompany'sproprietaryfishfeedingmethodology
savesupto70%onoverallfeedcosts.Thefisharefednutrientrichalgaeandotheraquaticplantsfortheirfirstfourmonthsin
growoutpondsthatrepresentanaturalenvironment.
AboutNewGlobalEnergy,Inc.
NewGlobalEnergy,Inc.(www.newglobalenergy.net)isapubliccompanyfocusedonacquiringhighgrowthfirms,assetsand
propertiesintheAquaFarming,Agriculture,andHealth&Wellnessindustries.ThetradingsymbolisNGEYtradedonthe
OTCQB.NewGlobalEnergyseekstocreatesustainableprojectsandprotecttheenvironment.
SafeHarborStatement
Thisreleaseincludes"forwardlookingstatements"withinthemeaningofSection27AoftheSecuritiesActof1933,as
amended,andSection21Eand/or27EoftheSecuritiesExchangeActof1934thatarebaseduponassumptionsthatinthefuture
mayprovenottohavebeenaccurateandaresubjecttosignificantrisksanduncertainties,includingstatementsastothefuture
performanceofthecompanyandtherisksanduncertaintiesdetailedfromtimetotimeinreportsfiledbythecompanywiththe
SecuritiesandExchangeCommission.Statementscontainedinthisreleasethatarenothistoricalfactsmaybedeemedtobe
forwardlookingstatements.Investorsarecautionedthatforwardlookingstatementsareinherentlyuncertain.Althoughthe
companybelievesthattheexpectationsreflectedinitsforwardlookingstatementsarereasonable,itcangivenoassurancethat
suchexpectationsoranyofitsforwardlookingstatementswillprovetobecorrect.Factorsthatcouldcauseresultstodiffer
include,butarenotlimitedto,thecompany'sabilitytoraisenecessaryfinancing,retentionofkeypersonnel,timelydeliveryof
inventoryfromthecompany'ssuppliers,timelyproductdevelopment,productacceptance,andtheimpactofcompetitive
servicesandproducts,inadditiontogeneraleconomicrisksanduncertainties.
Formoreinformationpleasecontact:
CharlotteLuer,DirectorofInvestorRelations
cluer@newglobalenergy.net
+12394046785
Source:NewGlobalEnergy,Inc.

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