Revolutionizing the Heavy Oil Upgrading Industry: Initiating Coverage with Speculative Buy Rating and 5X Upside

Investment Conclusion: We are initiating coverage of Petrosonic Energy, Inc. with a Speculative Buy Rating and $3.00 target price on 73 million shares fully diluted and 10 X 2016 Free Cash Flow target forecast.

Investment Thesis: Petrosonic Energy Inc. is poised to revolutionize the multi-billion heavy oil refining and de-asphalting industry. The Company’s patent-pending, groundbreaking sonic approach to heavy oil upgrading provides customers with a low-cost, environmentally safe, and significantly economic alternative method for upgrading heavy oil to optimal quality for transport and sale to petroleum refiners.

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Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.

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