Imperial Petroleum, Inc. (IPMN.OB) Subsidiary Reports Excellent Data, Fuel Sales up 61%
Imperial Petroleum, www.imperialpetroleuminc.com – wholly-owned subsidiary, e-Biofuels (a biofuel-focused production arm for the Company out of Middletown, Indiana), reported excellent sales data for September today, moving over 1.87M gallons of biodiesel that resulted in revenues of some $5.65M. Compared to an average of monthly revenues from 2009, this data represents a whopping 339% increase, and is a 61% increase over July 2010 figures, clearly demonstrating the massive uptake and success of the venture. President of IMPN, Jeffrey T. Wilson, commended staff and management at the e-biofuels subsidiary for their dedicated efforts to increase sales volume and revenues while holding down…