Dallas, TX (PRWEB) November 05, 2012
Regus Advisors Inc., (http://www.regusadvisors.com) a private global Investment Banking firm, announced today the completion of a Merger Agreement and Plan of Re-Organization (“Reverse Merger”) between Savanna East Africa, Inc. and Regus client, Algae International Group, Inc. (AIGI) http://www.algaeplanet.com. The public Company will change its name to Algae International Group, Inc., along with a new ticker symbol and cusip number will be forthcoming.
AIGI is dedicated to the development and manufacture of advanced biofuels using algae cultivation adjacent to waste water and fuel cell facilities to capitalize on free methane, carbon dioxide, nitrates and phosphates for the exploitation of advanced alternative fuel energy technologies. AIGI is developing a new generation of biodiesel feedstock that will minimize pressure on food supplies, help reduce greenhouse gas emissions and increase energy efficiency. The company expects to participate in a larger partnership to acquire an initial interest in an intense biofuel manufacturing operation adjacent to a fuel cell and wastewater treatment facility California. AIGI is working to develop an ongoing symbiotic relationship with fuel cell locations across the United States.
Regus Chairman CJ Comu, stated, ”This is a great opportunity for AIGI to gain access to the capital markets and expand their operations both organically and financially. We have a high degree of confidence in this renewable energy space and look forward to assisting the company in further Investment Banking activities to include, mergers, acquisitions, corporate finance and advisory work.”
About Algae International Group Inc.
Algae International Group Inc. (AIGI) is a development stage renewable energy company that is seeking to develop Biofuel from Algae utilizing a Trademark process of “InSym” that combines; CO2 derived from methane fed fuel cells, combined with nitrates, phosphates, sunlight and a specialized press to remove biomass and create HRD and HRJ fuel. For more info visit http://www.algaeplanet.com
About Regus Advisors Inc:
Regus Advisors is a private global Investment Banking firm that provides strategic and financial advisory services to private and public companies to include; structure, documentation, financing and exit strategies as well as listing on domestic or foreign exchanges. Regus Advisors is not a FINRA/FSA licensed broker/dealer and does not buy/sell securities. For More Info: http://www.regusadvisors.com
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