Handels Securities Partner C. Trade Group of Companies and BARD Forms Joint Venture Company

PRLog (Press Release) - Dec. 25, 2012 - November 27, 2012 Newswire: C. Trade Group of Companies and BARD, a commercial scale algae research and production company, have formed a joint venture to be named C. Trade-BARD, Inc. (CTBI) on November 2, 2012. CTBI will be engaged in the research, managing, development and commercialization of algae strains for the production of biofuels, nutraceutical, medicines and cosmetic products utilizing BARD’s patent pending and award-winning algae technology. CTBI will initially be focused in algae technology to produce algae biomass and algae oil which will initially produce enhanced biofuels. Additionally, C. Trade has introduced the Bi-AgraTM plant enhancement product line of the California Company- Green Mountain Development Corp (GMND). Since this proven product is based on live active bacteria which can be manufactured under a license agreement in existing sites of CTBI.  CTBI will be branding and marketing BARD’s various algae based end products under the name of “alZproTM”.  

The CTBI has a unique market position based on its technology leadership coupled with C. Trade’s expertise and investments in the petroleum and pharmaceutical sectors worldwide. CTBI is positioning to give a fast-track roll-out of BARD’s products with the combined CTBI expertise.  

About C. Trade Group

C. Trade Group, Inc. is a privately held international banking and petroleum logistics / trading company, which has many National and International relationships, is part of the C. Trade Group of Companies. The C. Trade Group of Companies has extensive holdings in the United States as well as in China, Latin America, Greece, and Bangladesh. C. Trade’s portfolio of companies specializes in international banking, biotechnology, hydrocarbon remediation, pharmaceutical research and production, water remediation, and automotive consultation services.  

The company will be managed under the direction of Nick Kontonicolas and Surajit Khanna  

Nick Kontonicolas (Director of Handels Securities and Co-CEO of C Trade-BARD, Inc.) is an experienced, well-seasoned professional investor and corporate development Banker. He constantly seeks out new and revolutionary technologies which can be neatly integrated within his network. His involvement with water remediation using ozone, and with hydrocarbon cleanup technology for use in ground water and petroleum spills, both work synergistically with each other. Nick Kontonicolas is an experienced, well-seasoned professional investor and corporate venture capitalist who constantly seeks out new and revolutionary technologies which can be seamlessly integrated within his network. Mr. Kontonicolas’ network includes the marketing and development of automotive and motorcycle technologies, the setup of motorcycle sales distribution points, real estate development and investment, petroleum logistics solutions and trade of products from Canada and the Middle East.

Surajit Khanna (Director and Co-CEO) provides the management experience to oversee both the construction and the management teams. Mr. Khanna has more than 15 years of experience in dealing with international business and global teams. He has both participated and managed construction projects across the globe including four bio-diesel construction projects over the past three years and has participated in the $1.8 billion Festival City construction in Dubai. He also holds a certification for Algae Production from the National Algae Association.