Alternative energy dream of one Israeli startup goes up in smoke
Trading of Galten Biodiesel shares halted after 95% crash in two years; company had hawked a Ghana-based plant as the next biofuel.
Entrepreneur Doron Levi had a biofuel dream that went up in smoke Monday, when after chalking up a cumulative loss of $7.2 million, trade in shares of his company, Galten Biodiesel, was stopped. The company announced that after two years of activity it has decided to submit a debt arrangement request to the court..
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