THERMAL, Calif.--(BUSINESS WIRE)--New Global Energy, Inc. (OTCBB: NGEY), a public company focused on Aqua-Farming, Agriculture, and Renewable Energy, announced today that it is expanding production of Moringa, the superfood known as the “Tree of Life” or the “Miracle Tree.”
New Global Energy (NGE) already has 6,000 Moringa trees on its sustainable farm in Thermal, CA and 11,000 trees are scheduled to be planted on its Mecca, CA farm. In addition, the company is evaluating a 100-acre parcel in Costa Rica for Moringa development. Overall, NGE projects that with these acquisitions of additional Moringa properties and developing them to full maturity, it could realistically expect to yield annual revenues of $15 million or more from the production of Moringa.
”The Coachella Valley in California and Costa Rica are both ideal locations for this fast growing, climate tolerable tree,” said Chief Executive Officer Perry D. West. “New Global’s Moringa expanding crop is an important feature of our company’s move to diversify its agricultural business while maintaining our commitment to sustainable, healthy offerings.”
The Moringa tree is known for its vast range of nutritional and medicinal properties, which improve energy level and overall health. Since virtually every part of the Moringa tree can be harvested for human use it is considered a critical benefit to the fight against world hunger.
“The leaves of the Moringa plant are overflowing with vitamins and minerals and have twice the protein of yogurt, three times more potassium than bananas, four times more calcium than milk, four times more vitamin A than carrots, seven times more vitamin C than oranges and 25 times the iron of spinach. In addition, Moringa leaves are packed with antioxidants and contain all the amino acids of meat, making the plant an excellent dietary supplement,” said West.
The Moringa tree also has many medicinal properties: the bark contains a gum that can be used for stomachaches; fresh leaves can help breastfeeding mothers by increasing milk production; and as a tea, it is known to help stabilize blood pressure and assist diabetes patients by managing glucose levels. The tea is also a natural energy booster without the side effects of caffeine and helps lower bad cholesterol. The seed oil can be used as an antiseptic for minor burns, cuts, rashes and insect bites and the remaining material is as an excellent water purifier.
About New Global Energy, Inc.: New Global Energy, Inc. is a public company focused on acquiring high-growth firms, assets and properties in the Green & Renewable Energy industry. The trading symbol is NGEY traded on the OTCBB. New Global Energy seeks to provide consumers with solutions that lower energy costs, create sustainable projects and protect the environment. NGE seeks to consolidate this highly fragmented industry that grosses in excess of $5 trillion per year. New Global’s goals are to research, acquire and develop affordable technologies and properties that significantly reduce our country's dependency on foreign oil with renewable energy and create sustainable projects in four technologies of focus: Aquaculture, Solar, Agriculture, and Biofuels.
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