China : China Integrated Energy Closing 5 Mln Common Stock Offering.Byline: prashant Prashant is a common Indian name derived from the word Shant which means quiet, or tranquil. Adding "pra" creates a superlative of "shant". The Pacific Ocean is called Prashant Mahasagar in Hindi due to its calm nature. Prashant is also a common masculine Indian name. 03 China Integrated Energy, Inc. (CBEH: News ) said it completed its previously announced public offering of 5 million shares of its common stock. Approximately $26.9 million net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). were received from the offering. The underwriters have been granted an option to purchase up to an additional 750 thousand shares of common stock. The company intends to utilize the net proceeds from the offering for the expansion of its biodiesel production Biodiesel production is the process of synthesizing biodiesel. Biodiesel is a liquid fuel source largely compatible with petroleum based diesel fuel. The most common method for its manufacture is synthesis by reacting a glyceride-containing plant oil with a short chain alcohol such capacity, wholesale distribution and retail gas station businesses and for working capital and general corporate purposes. Copyright : Euclid Euclid, Greek mathematician Euclid (y  `klĭd), fl. 300 B.C., Greek mathematician. Infotech Pvt. Ltd.
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