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PetroAlgae Inc. announced Dec. 22 that it has retained Los Angeles-based Investor Relations International to develop and lead its shareholder communications program. “Our company is at a pivotal point in its history as we move out of the R&D phase, and into the widespread production and marketing of our biodiesel products,” said John Scott, PetroAlgae director.
PetroAlgae anticipates raising investor awareness of its algae biodiesel technology via IRI’s “proprietary investor relations model,” which leverages “the distribution of new media technologies and traditional direct communications with its network of institutional and retail money managers,” PetroAlgae said.
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