Wednesday, September 17, 2014 9:24:25 AM
Global Clean Energy, Inc. Management Update
Sep 17, 2014
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, September 17, 2014; Global Clean Energy, Inc. (OTC PINK: GCEI) is updating its shareholders as to recent events regarding its Chief Financial Officer and Founder.
On September 16, 2014, Kenneth Adessky, a director and Chief Financial Officer of Global Clean Energy, was notified that a stay of the suspension of his license pending appeal was granted by the Court of Quebec. Mr. Adessky has been reinstated to practice law in Quebec. Global Clean Energy has again amended its’ 2nd Quarter statement to reflect the decision of the Court of Quebec in response to the judgment of a Disciplinary Committee of the Bar of Quebec.
The board of directors of Global Clean Energy has and will continue to support Mr. Adessky and confirms that the claim against him was without merit and his handling of the matter was in the highest regard for his fiduciary responsibility.
Earl Azimov, President and CEO stated, “We are extremely pleased with the judgment and are looking into the damage which certain parties have attempted to inflict on our company. We have never as a board doubted the integrity of Ken or his interests in building value for our shareholders.”
Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.). GCE is the industry's most diversified aggregator and system integrator bringing solutions to the plastics, rubber, anaerobic digestion and platinum group metals recovery industries. GCE focuses on existing technologies with a track record to provide its feedstock network with reliable solutions.
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 Global Clean Energy, Inc. 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. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases
Go GREEN with Global Clean Energy a Enviromentally Friendly Waste 2 Fuel & PGM (Platinum-Groups-Metals) Recovery Co.
http://www.globalcleanenergy.net
GLTA
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