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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Green Energy Resources Inc (CE) | USOTC:GRGR | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00001 | 0.00 | 00:00:00 |
2010 Hurricane Season
7 land falling hurricanes are predicted for 2010 according to the U.S. Storms Prediction Center. Green Energy Resources is making preparations to obtain as much volume of wood as possible from any storms that hit the U.S. mainland. Discussions are currently underway with FEMA contractors. Green Energy Resources is looking to secure upwards of 5 million tons in 2010. The volume would make Green Energy Resources the largest supplier and source of energy feedstock in the United States. The wood will be used for several export markets, the largest of which is India. Green Energy Resources received an LOI for up to 7 million tons, valued at approximately ½ billion dollars annually, from India last fall. Green Energy Resources is waiting on power plant retro fits to begin making shipments which are expected to be completed at any time.
Eco-Green Coal
In 2005, Green Energy Resources developed an exclusive concept and product to promote co-firing, a premixed blend of biomass with coal. The U.S. market was not ready in 2005 to commence co-firing and was scoffed at by one of America's largest coal producers. Finally, in 2010, US trial testings at coal power generators are getting underway. Green Energy Resources has found a European partner to develop and produce the product in the United States. Two locations are being currently considered.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, ship availability, fuel costs and other risks.
CONTACT: Green Energy Resources
Joseph Murray
631-375-7921
joe.murray@greenenergyresources.com
www.greenenergyresources.com
Worldwide Financial Marketing, Inc. USA
Investor Relations
1-954-360-9998
1-866-360-9998
Info @ wwfinancial.com
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