The American Stock Exchange lists the common stock of New Generation Biofuels Holdings, Inc. under the ticker symbol GNB.
New Generation Biofuels Holdings, Inc., formerly H2Diesel Holdings, Inc., is a development stage company that holds an exclusive license for North America, Central America and the Caribbean to exploit proprietary technology to manufacture an alternative bio-fuel from vegetable oils and animal fats, referred to as H2Diesel bio-fuel that is intended to be marketed as a new class of bio-fuel or fuel additive for power generation, heavy equipment, marine use and as heating fuel.
"We are pleased to welcome New Generation Biofuels to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO of Amex. "Many energy companies have chosen American Stock Exchange as their home and we look forward to providing New Generation Biofuels with the solid support and services that are essential in today's competitive marketplace."
"We believe that moving to the American Stock Exchange, along with our recent name change, will not only provide more recognition for New Generation Biofuels in the investment community, but also create a more liquid, efficient market in which to trade, reinforcing our objective of maximizing shareholder value," stated David Gillespie, Chief Executive Officer of New Generation. -- www.amex.com
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