4G will be playing an exclusive M & A advisory and investment banking role in the execution of EcoVerdance’s business plan to distribute their product that can increase crop yields dramatically and assist in growth in places where plants typically do not grow well.
Dallas,TX May 20, 2009 -- In December 2008, CEO of 4G Companies, Chris Griffin, and President of 4G Global Alternatives, Hani Farid, were invited to meet with EcoVerdance, Inc., creators of a product that can increase crop yields dramatically and assist in growth in places where plants typically do not grow well. They spoke with Chairman Lanier Davenport about a possible partnership between the two companies.
In March of 2009 an agreement was reached - 4G will be playing an exclusive M & A advisory and investment banking role in the execution of EcoVerdance's business plan. This role will include structuring, investing and financing in an effort to increase the use of EcoVerdance's plant growth enhancer.
"EcoVerdance's product solves a number problems," Mr. Griffin says. "It goes without saying that more crops mean more food for more people, but the silver lining is increasing a country's agricultural capabilities and thereby increasing its economic security."
This all natural plant growth enhancer results in sustainable, increased crop yields in a wide variety of environmental circumstances. Treated crops make more efficient use of available water. The yield improvements and profits generated from increased crop performance and nutritional quality can greatly improve farmers' businesses.
The increase in plant life and quality improve biomass production and help reduce carbon dioxide in the air. EcoVerdance has quantified the process in university studies and site testing worldwide and is in the process of validating the net carbon sequestered in order to create carbon credits and offset carbon footprints.
During the fourth quarter of this year, EcoVerdance will begin manufacturing, delivering and selling their product domestically and in developing countries.
"4G's involvement should make this expansion go as smoothly as possible," Mr. Farid commented.
:: About Ecoverdance
EcoVerdance, founded in October of 2007, has set out with the very ambitious goal of ending world hunger and increasing economic security for developing countries.
The organization is made up of people from several different backgrounds including chemistry, management, rental companies, accounting, economics and non-profit work.
They sell and donate their plant growth enhancer to farmers in developing countries with the aid of corporations, governments, charitable organizations and individuals. Currently, their product is being used in eastern and southern African countries with near-future plans to begin providing product to counties in southeastern Asia.
:: About 4G Group
4G is a Dallas-based financial company with a special interest in environmental sciences, including the creation and development of bio fuels and other clean sources of energy. They also specialize in financial services such as mortgages, insurance, property management and venture capital. 4G is looking to change the way businesses run by reinventing finance.
4G Group, LLC
18111 Preston Road, Suite 100
Dallas, Texas 75252
Energy & Environment