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GCEI Global Clean Energy Inc (PK)

0.0484
0.0004 (0.83%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Global Clean Energy Inc (PK) USOTC:GCEI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0004 0.83% 0.0484 0.0401 0.0484 0.0485 0.04205 0.04495 397,839 20:57:11

Global Clean Energy, Inc. Forms Joint Venture with Full Circle Renewables, LLC, to Complete Waste to Fuels Projects Under Dev...

29/07/2013 2:08pm

OTC Markets


HOUSTON,
TX - Global Clean Energy, Inc. (OTC PINK: GCEI) (the "Company"), an
alternative fuels development company Global Clean Energy, Inc. (GCEI)
announces a joint venture with Full Circle Renewables, LLC (FCR), Fresno,
California to jointly develop a number of waste to fuels projects including the
utilization of FCR?s anaerobic digestion technology, funding support and
methane off-take agreements for multiple sites controlled by GCEI.



 



Additional
projects will consist of plastics to fuels projects on sites controlled by FCR.
?The symmetry to which this JV works, benefits both companies as each provides
the missing pieces to successfully complete GCEI?s waste to fuels projects
under development in North America.? Says Steven Mann, Chief Development
Officer for Global Clean Energy, Inc.



 



Full
Circle Renewables LLC, is a turn-key energy project
development company that focuses on medium to large utility scale projects with
developmental experience in both solar PV and biogas and other waste to energy
projects. ?FCR is pleased to be working with GCEI?s development team to expand
and supplement FCR?s current developments in North America.? Says Jim Quan, CEO
of Full Circle Renewables, LLC. 



 



Further, GCEI
will contract and assign project engineering management to its technology partners
and global EPC firms. GCE will no longer have to absorb project engineering
overhead for its rubber, plastics, wood and automobile recycling recovery
technologies. Therefore, the previously announced appointment of Louis-Philippe
Sen?cal, as chief project engineer is no longer necessary and will be contracted
to GCE?s system integrators and independent EPC firms.   



Statements in this release may be
regarded, in certain instances, as "forward-looking statements"
pursuant to certain sections of the Securities Act 1933 and the Securities
Exchange Act 1934, respectively. "Forward-looking statements" are
based on expectations, estimates and projections at the time the statements are
made, and involve risks and uncertainties, which could cause actual results or
events to differ materially from those currently anticipated, including, but
not limited to delays, difficulties, changed strategies, or unanticipated
factors or circumstances affecting GCEI and its business. There can be no
assurance that such forward-looking statements will ever prove to be accurate
and readers should not place undue reliance on any such forward-looking
statements contained herein. GCEI will not republish revised forward-looking
statements to reflect events or circumstances after the date hereof to reflect
the occurrence of unanticipated events.



Contact:



GLOBAL CLEAN ENERGY, INC.

www.globalcleanenergy.net

Investor Relations



713-852-7474


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