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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Green Star Products Inc (PK) | USOTC:GSPI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0001 | -8.33% | 0.0011 | 0.0011 | 0.0016 | 0.0011 | 0.0011 | 0.0011 | 205,000 | 21:01:35 |
Test data included 249,564 baseline miles and 13,863 additive test miles on a Euro 4, 2009, 500 HP Volvo VNL780 Truck. Fuel efficiency increase was 10.03% from 6.18 mpg to 6.8 mpg. The test also included TVT Engine Oil Energizer oil additive at 5% and TVT Diesel Fuel Additive (DFE) at a ratio of 1,500 to 1 for a total cost of $60.38 for both additives (for the test period of 13,863 miles).
Fuel savings were estimated to reduce fuel costs by $613.50 over the 13,863 miles which resulted in a Return on Investment (ROI) of 1,016% ($613.50 divided by $60.38).
Joseph LaStella, President of Green Star Products, stated, "This type of 'on-road' testing, taken over thousands of miles, removes short term 'anomalies' such as weather conditions and road conditions that may be a significant source of errors in short term testing."
This test further confirms previous testing on fuel savings and its associated decrease of the CO2 footprint to help reduce Climate Change. See press release titled "Green Star Decreases the Fuel Consumption on a Greek Maritime Cruise Vessel by Diesel Fuel Energizer (DFE) of Advanced Technology" dated January 29, 2010, http://www.greenstarusa.com/news/10-01-29.html
Mr. LaStella further stated, "Further testing is continuing on this vehicle and many other engines including power generation, maritime and utility vehicles."
Testing has also confirmed substantial reduction in engine wear verified by trace metal analysis including iron, copper, lead, tin, and 20 other elements.
Since engine design differs greatly from engine to engine, we would expect variable results from each group test. However, most engines tested have shown good ROIs with CO2 reductions and extended engine life as additional benefits.
For complete report see http://www.GreenStarUSA.com/reports/04-21-10TVTFuelReduction.pdf
About Green Star Products Green Star Products, Inc. (PINKSHEETS: GSPI) is an environmentally friendly public company dedicated to creating innovative, cost-effective products to improve the quality of life and clean up the environment. GSPI and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other green products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information visit http://www.GreenStarUSA.com, or call 1-800-741-7648 and 1-800-340-9784, fax 619-789-4743, or email info@GreenStarUSA.com.
Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings.
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CONTACT: Joseph LaStella, President Green Star Products, Inc. 800-741-7648 800-340-9784 619-864-4010 619-789-4743 (fax) info@GreenStarUSA.com
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