Better BioDiesel Inc.— based in Spanish Fork — said Friday it has agreed to acquire GeoAlgae Technologies Inc., a Wyoming company.
According to a December filing with the Securities and Exchange Commission, GeoAlgae will become a wholly owned subsidiary of Better BioDiesel, in exchange for 3.3 million shares of Better BioDiesel's common stock and Better BioDiesel's commitment to make 6.7 million shares available as additional compensation.
GeoAlgae is developing proprietary technology that its management believes will enable the production of biodiesel fuel on a commercial scale using green algae as feed stock, according to the filing.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
5th iPhone app
Clayton Ward, a 10th-grader from West Jordan,has created five apps for the Apple operating systems.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
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