OTCPicks Featured Company: Amelot Holdings, Inc. (AMHD.PK) Forms New Subsidiary
Amelot Holdings, Inc. (OTC: AMHD) recently announced the formation of its new subsidiary, Jatropha Biofuel Technologies, Inc. (JBTI). The company saw a rise of 100.00% on Tuesday after the announcement. Amelot Holdings, Inc. is a publicly traded diversified holding company. The company has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand of fossil fuels, as well as reduce the dependency and provide innovative environmental ideas. The subsidiary was created to offer a new integrated approach to the development, research, and cultivation, which includes extracting technologies of Jatropha oils and the processing of high…