09:48 AM EST - New High Ridge Resources Inc. : said Friday that it is proceeding with a proposed new business venture involving the development, processing and marketing of nutraceutical and other food ingredients. The company said it has entered into a letter of intent with BGL, LLC whereby BGL will lease equipment and license certain intellectual property owned by BGL and provide consulting services to the company in order to enable the company to process, extract and market nutritional bio-actives and ingredients from berry and aquaculture feed stock biomasses. New High Ridge Resources Inc.
shares V.NHR are trading even at $0.15.
