HotOtc.com Featured Company: Perf Go Green Holdings Inc. (PGOG.OB)
QualityStocks (June 16th, 2008) Writes:
Perf Go Green Holdings Inc. (PGOG.OB) is a New York-based biodegradable plastics company. The company’s focus is on the development and global marketing of 100% eco-friendly, non-toxic, food-contact compliant, 100% bio-degradable plastic products. The company currently offers plastic trash and kitchen bags, dropcloths, and pet pick-up-after bags.
Perf Go Green uses recycled plastic bags combined with an oxy-biodegradable proprietary application method to produce the film for the biodegradable bags. This product, when discarded in soil in the presence of microorganisms, moisture and oxygen, decomposes into simple materials found in nature. PGOG Green Bags will completely breakdown in a landfill environment in 12-24 months, leaving no residue or harmful toxins. This is a vast improvement over traditional plastic bags, which are estimated to take 1,000 years to degrade.
The potential market for PGOG’s Green Bags is enormous. It is estimated that Americans throw away approximately 100 billion plastic bags a year, and globally
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