Investor Relations – September 2015

Shareholder Letter from the Chairman

September 17, 2015

Dear Shareholder,

New Global Energy, Inc. (OTCBB: NGEY), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness.

It has had a busy month since our last shareholder letter. This week we launched a new website ( featuring a bi-monthly Fish & Farm Report that tracks trends in various regions of the world, including the growth of sustainable seafood, consumer health and agriculture.

perry-d-westIn addition to the Fish & Farm Report, the new website features content related to the company’s business activities, management team, and news related to acquisitions that will continue to positively impact the company’s profitability.

New Global Energy’s intent is to increase awareness of the importance of healthy, sustainable fish farming that results in high-quality ‘certified and approved’ seafood. In addition, we will report on timely issues related to agriculture including the health benefits of the superfood Moringa and medical marijuana, which represent two areas of growth for our company this year.

Fast growing global interest in the aquaculture industry supports New Global Energy’s commitment to expanding its sustainable fish farms. Indeed, aquaculture is an integral part of the company’s long-term growth strategy – and for good reason.

This summer, for example, Cargill Inc. agreed to spend $1.49 billion to buy a Norwegian fish-feed producer in a deal that represents its interest in the rapidly growing aquaculture business. The purchase positions Cargill as a leader in supplying food for fish farms as the company steps up activity in the industry.

“Fish is going to be an increasing part of the global provisioning of protein,” Marcel Smits, Cargill’s chief financial officer, said in an interview with the Wall Street Journal. “We have every intention of playing in that domain.” His sentiments were echoed by Cargill President and CEO David MacLennan who said, “The acquisition is a strategic investment in our long-term growth and evidence of our commitment to the growing aquaculture industry.” 1

In 2011, global production of farmed fish outpaced beef for the first time in history, according to the Earth Policy Institute. This is due, in part to concerns about eating red meat, which is often associated with saturated fat and bad cholesterol. Fish, on the other hand, continues to increase in popularity as the healthy protein of choice.

new fish hatcheryEven the World Bank applauds fish farming as a means of feeding an expected global population of 9 billion by 2050. According to a recent report, “… fish can play a major role in satisfying the palates of the world’s growing middle income group while also meeting the food security needs of the poorest. Already, fish represents 16 percent of all animal protein consumed globally, and this proportion of the world’s food basket is likely to increase as consumers with rising incomes seek higher-value seafood and as aquaculture steps up to meet increasing demand.” 2

And according to the NOAA, the need for seafood is critical. “America’s aquaculture industry (both freshwater and marine) meets only five to seven percent of U.S. demand for seafood.” 3

Fortunately, New Global Energy’s Aqua Farming Tech business in California’s Coachella Valley owns three wells that produce all of the water the aquaculture business will likely ever need so California’s well publicized issues related to the drought are not an issue for the company. In addition, the fish on New Global’s farms are fed the superfood Moringa which adds to their nutritional value.

We invite you to view our new website at While there, please be sure to update your contact information so we can deliver important shareholder updates to you in a timely manner.



Perry D. West

Chief Executive Officer


This correspondence contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Accordingly, these statements are only predictions and involve estimates, known and unknown risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed in them. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of many factors.

1 “Cargill Buys Norwegian Fish-Feed Producer EWOS for $1.5 billion,” as reported by the Wall Street Journal, August 17, 2015 and “An Ag Giant Is Spending More Than $1 Billion to Get Into Fish Farming” as reported by Take Part, August 18, 2015.

2  FISH TO 2030: Prospects for Fisheries and Aquaculture, as included in World Bank Report  # 83177-GLB

3 Basic Questions about Aquaculture, as reported in NOAA’s Fisheries Guide