Gold Hill Resources Inc. (fka GULD)

[Brigham Youngster]

Green Star PR Not Quite What It Looks Like

Dow Jones story yesterday by Carol Remond.

All 3 of you paid promoters are mentioned. I surmise one of you is ethical enough to clip/paste that article for your investors unless of course you don't want them to hear what GE and Gamesa have to say about all the PR's issued without their authorization.

FD: don't trade micro-caps long or short

[Rhubarb]

GSAE Transfer Agent - Share structure confirmed unchanged

Still 26,250.000 OS

As of Tuesday, May 26, 2009

Interwest Transfer Company, Inc.
1981 East Murray Holladay Road, Suite 100
P.O. Box 17136
Salt Lake City, Ut 84117

Phone: [phone]
Fax: [phone]

[Rhubarb]

Interesting News

Not reguarding GSAE exactly, but as a American based public trading company it is nice to see the US Vice president touring
the region.

"Vice President Biden offers Serbia 'new' relations
Vice President of the United States, Joe Biden

http://www.newsobserver.com/1635/story/1535022.html

"I came to Serbia on behalf of the Obama-Biden administration with a clear message: the United States wants to, likes to, deepen its relations with Serbia," Biden said."

"Serbia is central to the southeast European future," he said. "The region cannot fully succeed without Serbia playing a constructively leading role."

Tadic said Biden's visit "could set the stage for the formulation of a new American policy toward Serbia and the Balkans."

Unprecedented security measures were in place in the Serbian capital for the visit by the highest-ranking U.S. official to visit since former President Jimmy Carter was here in 1980.

[Rhubarb]

Thats what we are hopeing

Oddly the first question i asked myself was "why Serbia"

Now, i allmost recommend googling exactly that.

[sweet crude]

interesting project

Love wind energy and seen what these guys seem to be putting together. Looks like they have some good connections in Serbia to grab the market share for wind, and real potential for growth in eastern europe.

Would like to hear more information, and better yet some audited financials. Until they file audits they may not really be able to take that next step. Any idea on when they may have audited financials available?

[Rhubarb]

Another Lil Goodie

Bled Strategic Forum on "Energy and Climate Change: Si.nergy
for the Future" held in Slovenia on August 31st and September 1st.

"The third annual Bled Strategic Forum addressed soaring oil and gas prices, public concern
over growing dependence on imports of energy resources, and the mounting evidence of global
warming. The summit was attended by approximately 400 participants from more than 50
countries. Its objective was to bring together world leaders to develop and commit to solutions
and stimulate public-private sector cooperation."
"The Green Star and Notos team had strategic meetings with key officials including the Prime
Ministers of Slovenia, Latvia and the Czech Republic, Minister of Environmental Protection for
the Republic of Serbia, Minister of Economy for Slovenia, Deputy State Secretary of Denmark's
Ministry of Climate and Energy and the Minister in Shadow for Energy, Industry and Postal
affairs of the United Kingdom of Great Britain and Northern Ireland. The team also met with high
level representatives from Mitsubishi Heavy Industries, Columbia University, the Business
Advisory Council for South Eastern Europe and the World Renewable Council. "

http://www.bledstrategicforum.org/index.php?id=6&lang=en

http://thenewssvc.atapps.com/GaskinGSAEreport.pdf

[Rhubarb]

Interesting lil Image here for GSAE
A very hard to find tidbit !



EIC codes

In order to control the energy exchange balance, European system operators have to exchange market participants' data. This requires a uniform identification system.

To this purpose ETSO has developed a code system named EIC (ETSO Identification Code). Each market participant has to have such a code which is valid across Europe.

http://www.etso-net.org/activities/edi/eic/cds/area.htm

[janice shell]

In what way is this an "independent" research report, when:

In Compliance with SEC Rule 17B Ludlow Capital Group was compensated eight thousand five hundred dollars for this research report and distribution, and should be considered a possible conflict of interest when reviewing this report and information.

http://www.ludlowenergy.com/reports/gsae.html

[Rhubarb]

Good job posting that PR, but the Link, you've added a period to the link causing it to be non functional. Try this one

http://www.ludlowenergy.com/reports/gsae.html

RESEARCH OPINION

--------------------------------------------------------------------------------



Ludlow Energy Ventures Issues Research Opinion on Green Star Alternative Energy Corp. (GSAE), Price Target of $8.00 per share
Last Updated: May 01, 2009 - 7:24pm EST

NEW YORK-- Ludlow Energy Ventures, Inc. upgrades its research rating on Green Star Alternative Energy Corp. (OTC BB: GSAE), a developer and operator of wind farm projects in Eastern Europe, with a 'speculative' A- rating, and price target of $8.00 per share.

Summary

Green Star Alternative Energy is working to develop more than 300 MW (megawatts) of clean electricity through wind energy, and currently looks to be establish their foothold in Eastern Europe with their new 60 MW wind project in the nation of Serbia. Talks have also begun about developing a wind mill manufacturing production project as well. The Company has been moving ahead with not only in executing their business plan, but also in establishing strong retail and price support, and bringing the Green Star into compliance as a fully reporting company. Upon potential acquisitions and capital infusions, the company may now have a window of opportunity to file and list upon a larger and marginable exchange like the AMEX or NASDAQ Small Cap.

About the Company

Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighboring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models. www.greenstarae.com

Share Structure

As of May 01, 2009, the Company current had 100,000,000 authorized, with $25 million issued and outstanding.

Green Star/Notos Joint Venture

Green Star Alternative Energy Corporation is the US side in a joint venture with Notos, Ltd., a company based in the European Republic of Serbia. From our understanding, this venture if 51% owned by GSAE, and is their formed project to position themselves in the Eastern European market. The goal of this joint venture is to develop and generate 300 MW of wind power in the Eastern European nation of Serbia, with an open potential for further projects in the region down the road.

Eastern European Wind Projects


Project Revenues

Below is projected guidance from the Company regarding future revenue projections for their wind farm projects in Eastern Europe.

2009 2010 2011 2012 2013
Revenues $392,646 $10.8 mill $38.3 mill $86.9 mill $156 mill
Net Income ($576,000) $3.6 mill $17.2 mill $54 mill $100 mill


SEC Filings and Compliance

The Company is currently considered non-reporting under the Securities Exchange Act of 1934, but has filed their Form 10 with the SEC to elect to begin reporting as a fully reporting company. GSAE common stock is currently traded on the pink sheet exchange, with anticipated goal of listing on a larger and possibly a marginable exchange.

Technical Analysis

Pending further review

Risk Factors

Some risk factors that may effect the valuation calculations in this report are the companies inability to meet fiscal 2009/2010 revenue projections, an increase in shares issued and outstanding, decrease in interest or price/sales ratios of wind power stocks, industry competition, government regulations in the US and Europe, technological advances, patent and copyright litigation, decrease in energy prices, geopolitical events, accounting changes and restatements, and legal issues. The failure to secure adequate outside funding would have an adverse affect on our expansion plan of operation and could results in a corresponding negative impact on shareholder liquidity. Investors are encouraged to consult with a financial professional before any and all investment decisions.

---------------

Contact

Ludlow Energy Ventures, Inc.
Phone: [phone]
Email: [e-mail]





--------------------------------------------------------------------------------


Key Stock Statistics
As of March 31, 2009

--------------------------------------------------------------------------------

12 Month P/E NA | Yield NiL
Shs. outstanding 25m Shareholders NA
Shs. restricted UR Market cap. (M) $110m
Avg. daily vol. (K) 50k Inst. holdings 0%



Value of $10,000 invested 1 year ago: $NA





Dividend Data

No dividends have been paid on the common stock.
Revenues/Earnings Data
Fiscal year ending December 31

--------------------------------------------------------------------------------

Revenues (millions $)
2009 2008 2007 2006 2005 2004
1Q UR UR UR
2Q UR UR UR
3Q -- UR- UR
4Q -- UR UR
Yr. UR UR UR
Source: Company Press Release, and filings with SEC.

[flaflyersfan]

GSAE Press Release: Green Star Notified of Analyst Coverage Which Reports Price Target of $8 per Share
On Tuesday May 19, 2009, 8:30 am EDT

SAN DIEGO, CA--(MARKET WIRE)--May 19, 2009 -- Green Star Alternative Energy, Inc. (Other OTC:GSAE.PK - News) ("GSAE" or the "Company") (http://www.greenstarae.com) is pleased to announce that Ludlow Energy Ventures, Inc. has published an independent third party research report on Green Star. The research opinion evaluates GSAE with a Capital Rating of 'A-' and a Target Price of $8 per share. The report may be viewed at http://www.ludlowenergy.com/reports/gsae.html.


http://finance.yahoo.com/news/Green-Star-Notified-of-iw-15288471.html

Good luck.

[shortsinthesand]

righty looks like the PPS is crashing back down here too?

any life left in this stock or has it played its self out?

~Shorts

[Rhubarb]

February 2009 Serbia’s Capacity for Renewables and Energy Efficiency

Report by these guys http://www.jeffersoninst.org/Home.asp
Exact pdf file link at bottom.

Despite these ambitious plans, the lack of the necessary sub-laws and regulations
to enable these laws prevents their full implementation. Implementing agencies lack
qualified personnel to implement existing legislation, resulting in delays and poor
communication among regulatory institutions and private and civic actors.
The Serbian government hopes to complete many of these regulations by June
2009, and they are expected to include financial incentives for renewable energy
production and an improved regulatory framework for the production and transport of
biodiesel, but these deadlines have slipped before. (5)
Despite these ambitious plans, the lack of the necessary sub-laws and regulations
to enable these laws prevents their full implementation. Implementing agencies lack
qualified personnel to implement existing legislation, resulting in delays and poor
communication among regulatory institutions and private and civic actors. (6)
Likewise, the Serbian government is planning to stimulate the production of
electrical power from renewable energy sources by setting higher wholesale prices for
energy produced from these sources (wind, biomass, etc.). In the first half of 2009, the
government plans to adopt regulations on defining “privileged producers” of electricity
from renewable energy sources. These regulations will define the terms of contracts
between the privileged alternative source producer and electrical grid operators that
will buy the electricity and ultimately sell it to the final consumers. The lawmakers
preparing this legislation believe that the higher prices for the alternative energy will
stimulate foreign investors to become active in this industry in Serbia. (7)
Moving forward, the most important step for Serbia is to define the legal advantages that it can offer
producers of alternative energy sources and to define what sort of financial incentives it
will be able to offer to increase their ability to produce this energy.



5 Implementation Program of the Energy Development Strategy 2006-2015, Government of the Republic of Serbia.
6 Interview with representatives of the Group for renewable and alternative energy sources, Slobodan Cvetkovic and
Svetomir Zivkovic, January 19, 2009.
7 Ibid.

http://www.jeffersoninst.org/Documents/serbia_policy_paper.pdf

The good the bad and the ugly...
4 megabyte PDF, worth reading

[Rhubarb]

From a recent GSAE press release:

Mr. Neven Pecotic, Director of the GE Energy Development Group for South East Europe, elaborates, "After several years of preparatory activities and cooperation with the Balkan State Members, GE has been instrumental in helping them develop balanced national energy strategies, set up inter-ministerial coordination mechanisms, and create national focal points and energy information networks. Now, we distinguish in Notos, a young company with the necessary qualities and management acumen to see projects through the development phases on to completion."

http://www.marketwire.com/press-release/Green-Star-Alternative-Energy-Inc-988028.html

Watch GSAE's new corporate video on their homepage!!
http://www.greenstareae.com

[Rhubarb]

Wind Power Facts

The world's fastest growing energy source on a percentage basis

Access to low-cost financing

Technology is steadily improving (rotor blade airfoils specially designed for
wind turbines, variable-speed generators, power electronics, sophisticated
computer modeling of design changes)

Wind is "inflation-proof" – once a wind plant is built, the cost of energy is
known, and is not affected by fuel market price volatility

Wind plants can be built quickly to respond to predicted electricity
shortages

Domestic energy source

Inexhaustible supply – U.S. winds could generate more electricity in 15
years than all of Saudi Arabia's oil, without being depleted

If a wind plant is damaged, there is no secondary threat to the public
(such as in the release of radioactivity, explosions, or the breaching of a
dam)

Pre-construction site surveys are now standard, reduce threat to birds to
minimal levels; cats, hunters, glass windows, communications towers are
far more dangerous to birds

Minimal footprint, can be placed on working farms or ranches

No pollution impact on people, wildlife, or habitats

Sound reduced to low levels – a wind turbine a quarter of a mile away is
no louder than a kitchen refrigerator

No mining or drilling required for fuel

No toxic waste

A single 1-MW turbine displaces 1,800 tons of carbon dioxide, the primary
global warming pollutant, each year (equivalent to planting a square mile
of forest), based on the current average U.S. utility fuel mix

To generate the same amount of electricity as a single 1-MW turbine using
the average U.S. utility fuel mix would mean emissions of 9 tons of sulphur
dioxide and 4 tons of nitrogen oxide each year

To generate the same amount of electricity as a single 1-MW wind turbine
for 20 years would require burning 29,000 tons of coal (a line of 10-ton
trucks 11 miles long) or 92,000 barrels of oil

To generate the same amount of electricity as today's U.S. wind turbine
fleet (25,170 MW) would require burning 36 million tons of coal (a line of
10-ton trucks over 13,000 miles long) or 112 million barrels of oil each
year


http://www.greenstarae.com/images/stories/pdf/gsae-strategic_plan.pdf

[flaflyersfan]

Small Cap Sentinel: From Barack to Belgrade
LAS VEGAS, May 13, 2009 (GLOBE NEWSWIRE) -- The winds of change in alternative energy are clearly not limited to the continental United States, with President Obama's Inaugural Address declaration, "We must harness the wind," resonating far and wide. Now, it appears that powerhouse General Electric Co. (NYSE:GE), is interested in harnessing the winds of Southeastern Europe.

According to a recent release from Green Star Alternative Energy, Inc. (Pink Sheets:GSAE), General Electric's GE Energy Development Group is pursuing talks with Notos, the Serbian company in a wind development joint venture with Green Star in Serbia. This represents a strong forward step for an American business icon in a country seemingly eager to find Western investment and new sources of revenue. For Green Star and Notos, it's a powerful move toward entrenching them as leaders in the wind energy space in Serbia and beyond.

Green Star has made significant efforts to bolster its Serbian credentials in recent months, announcing negotiations for a 60 MW wind energy partnership project, and potentially other future projects with Vintim d.o.o., a private Serbian wind research company, and adding veteran Serbian businessman Mike Andric as CEO and Chairman. Now, with GE Energy in talks with Notos, that joint venture partner seems to have been the right strategic move for Green Star.

Green Star Alternative Energy is an environmentally conscious, renewable energy developer. The Company is working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighboring European countries. Through a joint venture with key wind farm and power trading company Notos, it will become the nation's first developer of wind power.

View a GSAE Investor Fact Sheet at:

http://smallcapvoice.com/gsae/index.php

Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. Small Cap Sentinel is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved statements made in this report. This report is neither a solicitation to buy nor offer to sell securities but is for information purposes only and shouldn't be used as basis for any investment decision. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $2,500 for this report and other services by Del Mar Corporate Communication. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.

CONTACT: Integrity Media Inc.
Kurt Divich, Editor
702-396-1000


http://www.globenewswire.com/newsroom/news.html?d=165308

Good luck

[janice shell]

Is that issuer trading on the grey market yet?

Yes, it is. No volume today.

[Rhubarb]

New GSAE Company Video
On Youtube

Or @ the home page
http://www.greenstarae.com/

http://www.marketwire.com/press-release/Green-Star-Alternative-Energy-Inc-988028.html

[Brigham Youngster]

Me, too, unless it says "CONFIDENTIAL" on it.

Oh, for the record, I never trade OTC BB or Pink Sheet issuer in any direction.

[greedy__malone]

Will post any response I get on this board.

[Brigham Youngster]

Thanks.

Let me know (please) if you here from those 2 GE gentlemen.

[greedy__malone]

Rhubarb have you contacted GE to verify the contents of the PR this morning or is accurate information not something Market Medias is interested in under the circumstances here?

[Rhubarb]

Not the first foray into the Balkans for GE

http://www.bulgaria-news.bg/en/news/read/243

"The company is interested in developing wind farms in Bulgaria," the ministry said after Economy Minister Petar Dimitrov met General Electric officials Tuesday.

[greedy__malone]

PXCE resumed trading today. Zero volume so far. I contacted the LA office about Andric's connections to PXCE and Hammond along with his recent promotion here and his connections to Notos.

Did that a couple weeks ago.

[Brigham Youngster]

Must be accurate then.

The SEC persons in LA who issued that trading suspension on PXCE.OB may have interest as well.

Is that issuer trading on the grey market yet?

[greedy__malone]

Sent the email, didn't get bounced back so I am guessing the format was accurate.

[Brigham Youngster]

If it's not 100% true, my guess is Mr. Denniston might not be very happy.

It's fairly common for pink sheet issuers to use large and well recognized firms' names in their PR to mislead investors from time to time. I remember some dog in Florida (Rocket City Automotive) doing that a few years ago with Harley Davidson. Then there was another dog called Conversation Solutions Holding or something like that that put out PR using well established Wall Street firms' names and even the Vatican!

[greedy__malone]

No reply but sent less than 1 hour ago. Dropping the General Counsel an email would also be a wise move. I'llk see if that email format is viable and send off a very detailed email including the SEC suspension for PXCE and Andric's connections to some very fraudulent activities and see if I can muster up a response.

[Brigham Youngster]

GE's General Counsel is Brackett Denniston. Would surmise his e-mail address is first name.last [e-mail]

Have you gotten a reply yet?

[greedy__malone]

I already sent the PR to the man who was quoted in the PR.

Mr. Neven Pecotic, Director of the GE Energy Development Group for South East Europe, elaborates, "After several years of preparatory activities and cooperation with the Balkan State Members, GE has been instrumental in helping them develop balanced national energy strategies, set up inter-ministerial coordination mechanisms, and create national focal points and energy information networks. Now, we distinguish in Notos, a young company with the necessary qualities and management acumen to see projects through the development phases on to completion."

Took all of 5 minutes to nail down an email address. I certainly hope the promo company is taking precautions with this as I highly doubt the SEC will allow the pleading of ignorance knowing Andric is associated with both companies and has a known history of questionable activities. One can only plead ignorant as long as one doesn't have the information at hand but the SEC and a couple journalists have brought it all out in the open. All of it has been posted here and on the PXCE board which removes any "I had no idea" defense.

Anywho, anybody else who wants to try and confirm this GE PR can start here.

[e-mail]

[Brigham Youngster]

They're compensated to promote, not verify.

Contact GE today to see if it's true.

[greedy__malone]

Has Market Medias done anything to verify this news concerning GE is accurate? Or is the approach simply going to be to paste it onto every MOMO board in existance without ever trying to validate it under the current circumstances?

[Rhubarb]

General Electric in Discussion With Notos on the Green Star/Notos JV Projects in Serbia

SAN DIEGO, CA--(Marketwire - May 12, 2009) - Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) announces negotiations with 'GE Energy' Development Group for South East Europe. Executives from 'GE Energy' met with Green Star's Serbian partner -- Notos -- in Belgrade for an exchange of experience and knowledge in the area of wind data collection, and to consider the future of wind power development in the Republic of Serbia.

The two day meeting was initiated by GE and organized within the context of the GE 'Strategy for South Eastern Europe.' The appropriate and skilled expansion of wind energy into the South East European electricity market was the foremost topic on the agenda. This focus will provide the foundation for GE to work in partnership with Notos in establishing the necessary framework for the development and execution of future alternative energy projects.

GE intends to do so specifically "... by increasing the cooperation between experts from GE and Notos in evaluating and organising the platform from which the projects will be executed. This shall be achieved with close cooperation with the Serbian government and Ministry of Energy." Mr. Neven Pecotic, Director of the GE Energy Development Group for South East Europe, elaborates, "After several years of preparatory activities and cooperation with the Balkan State Members, GE has been instrumental in helping them develop balanced national energy strategies, set up inter-ministerial coordination mechanisms, and create national focal points and energy information networks. Now, we distinguish in Notos, a young company with the necessary qualities and management acumen to see projects through the development phases on to completion."

Preparations are currently underway for the follow-up meeting which will take place in Belgrade during the month of May. Notos and the expert group from GE will chart the course of action on the implementation of renewable energies, in South East Europe, from 2009 onwards.

Mike Andric, CEO of Green Star Alternative Energy, stated: "I believe GE values our Serbian expertise, and I look forward to furthering our discussions on the development of alternative energy in the region."

About Green Star Alternative Energy (GSAE.PK)

Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

About GE Energy

GE Energy is a multinational American technology and services conglomerate, and one of the world's largest companies. "GE is one of the world's leading wind turbine suppliers. With over 10,000 worldwide wind turbine installations comprising more than 15,000 MW of capacity, our knowledge and expertise spans more than two decades." (Source: http://gepower.com/businesses/ge_wind_energy/en/index.htm)

FORWARD-LOOKING STATEMENTS

This press release contains 'forward-looking statements.' These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' 'estimates,' or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company's plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.

For further information contact: 866-955-GSAE (4723); [e-mail]

Investor Relations Contact:
Toll Free [phone]
M-F 10AM-10PM EDT
Del Mar Corporate Communications, LLC

[Rhubarb]

GSAE closes UP 2.4% @ 4.35

[greedy__malone]

Is the new promo third party payer DelMar Corporate commuiications?

[Rhubarb]

EIC APPROVED PARTY CODES

34X-NOTOS------D NOTOS d.o.o. Beograd NOTOS . . . Trade Responsible Party

Way down to the bottom of the file list Notos...
the who's who of European power trading.
http://www.etso-net.org/activities/edi/eic/cds/area.htm

Looks like the confirmation.
On the ETSO


Green Star Alternative Energy, Inc. (Pink Sheets: GSAE) is pleased to announce that Notos d.o.o has been granted an ETSO Identification Code (EIC). This license provides Notos with the accreditation necessary to convey electricity through its Power Trading division.

In order to control the energy exchange balance, European Transmission System Operators (ETSO) must exchange market participants' data. This requires a uniform identification system. To this purpose ETSO has developed a code system named EIC (ETSO Identification Code). Each market participant has to have such a code which is valid across Europe.
http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=13910972&topic=GSAE&symbology=null&cp=off

[greedy__malone]

Market Medias dipping for another $25k for 30 more days of "awareness".

[Rhubarb]

Green Star Negotiating With Gamesa
Date : 05/05/2009 @ 8:30AM
Source : MarketWire
Stock : Green Star Alternative Energy, Inc. (GSAE)
Quote : 3.35 0.0 (0.00%) @ 8:05AM

Green Star Negotiating With Gamesa



SAN DIEGO, CA -- (Marketwire) -- 05/05/09 -- Green Star Alternative Energy, Inc.

(PINKSHEETS: GSAE) ("GSAE" or the "Company") (http://www.greenstarae.com) is pleased to announce discussions with Gamesa -- one of the world's preeminent wind turbine manufacturers. The Green Star/Notos JV is negotiating with Gamesa on cooperation for the development of prospective wind power facilities.

Gamesa is one of the main wind turbine manufacturers worldwide and a leader in design and development.

The company has installed more than 16,000 MW of its main product line in 20 countries spread out over 4 continents. However, manufacturing is only a part of its corporate mandate -- the Gamesa Business Unit has the mission of developing and building wind farms. This vertically integrated organization provides Green Star with a significant collaborative effort to advance the Company's expansion plans.


Mike Andric, CEO of Green Star, commented, "Gamesa is a respected company in the field of wind energy. Their experience and know-how are valuable assets for our wind energy developments."


About Green Star Alternative Energy (PINKSHEETS: GSAE)


Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighboring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.




FORWARD-LOOKING STATEMENTS



This press release contains 'forward-looking statements.' These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' 'estimates,' or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company's plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.


Add to Digg Bookmark with del.icio.us Add to Newsvine


For further information contact:

Green Star Alternative Energy

866-955-GSAE (4723)

Email Contact



Investor Relations Contact:

Del Mar Corporate Communications, LLC

Toll Free [phone]

M-F 10AM-10PM EST

[janice shell]

Isn't it part--in fact, a MAJOR part--of an investor relations person's job to answer investors' questions about the company?

[10 bagger]

Righty posted.....

"That is my best guess, perhaps you might want to direct your questions at the company for futher comment...that is my take on part of it, hope that helps. "


So it is just your job to post what they print without any verification to if it's true..That is what makes you different from them and you also have you have a disclamer.. Are you then in fact then just a poster for hire without any of your own input.. They lie,, you repeat,, Interesting way to put a spin on Finanical Communications.. Hank

[righty]

Upon closer inspection it appears that particular segment of the about us verbiage was only recently changed...appears to be used only once prior to the City of Belgrade agreement announcement.

It then reverts to the historically common version for the belgrade pr then reverts back afterwards.

I could be wrong but that would suggest a change was entered into in round about the same time frame (April) as the City of Belgrade, and perhaps, the temporary change was inadvertent.

I do see that afterwards, in subsequent pr's, they did implement your quoted verbiage, and have left it in place.

The companies development has always been that of a company moving towards production.

The Belo Blato project combined with the city of Belgrade's signing of the agreement to facilitate the propject, lends some possibility to the company actually seeing that through to production.

So perhaps they felt that with both projects underway it would not have been to far out of the question to classify themselves as such.

That is my best guess, perhaps you might want to direct your questions at the company for futher comment...that is my take on part of it, hope that helps.

[10 bagger]

Third request.. This was in one of thier PR Releases.. Is it true..???

In reply to: righty who wrote msg# 176 Post # of 236

Could you answer please..Where does it produce.. Does it have any production income..?? hank

I Follow: BBW.ax..http://investorshub.advfn.com/boards/board.aspx?board_id=15231..

Also:MMGW: http://investorshub.advfn.com/boards/board.aspx?board_id=5913

You posted: "Green Star Alternative Energy is an environmentally conscious, renewable energy producer.."

Where does it produce.. Does it have any production income..?? hank

[janice shell]

Really? And who is "Mike Andric"? Um, he's your new CEO.

[Rhubarb]

I fail to find any relavent connection between this company
And Mr Hammond

Issues with PXCE are not relavant to this stock board

If they were, i expect completion of the 14c may resolve many
of your issues

More On the forum topic of this thread

There are many notable companys both doing buisness as well
as encouraging buisness and investment In Serbia

http://www.siepa.sr.gov.yu/site/en/home/2/success_stories/

Much of it Seams to be stimulated by the countrys signing

of the Kyoto protocal in 2007

http://www.jeffersoninst.org/Documents/serbia_policy_paper.pdf


http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article3533101.ece

[janice shell]

Here's an even more interesting read:

SEC puts brakes on questionable B.C. stock deal

By David Baines, Vancouver SunMay 1, 2009
http://www.vancouversun.com/Technology/puts+brakes+questionable+stock+deal/1552525/story.html

A stock deal engineered by controversial B.C. chartered accountant Les Hammond has gone from ridiculous to sublimely ridiculous.

In September 2007, I reported that Hammond and a longtime associate, Mike Andric, had formed a company named Pax Biofuels Ltd. The company was incorporated in Delaware but run out of Hammond's home in North Saanich.

According to a registration statement filed with the U.S. Securities Commission as a prelude to going public on the OTC Bulletin Board in the U.S., Pax was going to raise money to build a biodiesel plant in Serbia, of all places.

The registration statement showed the proposed plant was just an idea. The company had no design, construction or operating contracts in place.

It was also unclear how the company was going to finance the project. The estimated capital cost was $5 million to $50 million, but the company had only $23 in its bank account.

Also, Hammond and Andric were former associates of Rakesh Saxena, who had fled to Vancouver after Thai authorities accused him of embezzling $88 million US from the Bangkok Bank of Commerce.

Neither Hammond nor Andric were accused of any wrongdoing, but there was no question they were keeping bad company. Saxena has spent much of the past decade shilling worthless bulletin board stock while he fights extradition to Thailand.

Hammond is no stock dabbler, either. He currently works as vice-president of mergers and acquisitions for Penn Capital Canada Ltd., a Vancouver firm that helps companies go public and raise capital.

Penn's "senior corporate counsel" is Vancouver lawyer Michael Seifert who, in a 1999 settlement agreement with the B.C. Securities Commission, admitted to illegal insider trading through offshore accounts and agreed to a $450,000 fine and a 12-year stock market suspension.

That suspension includes an agreement not to act as solicitor for companies that file documents with the B.C. commission or the TSX Venture Exchange until December 2011.

Meanwhile, the B.C. Law Society -- which is just now getting around to dealing with this matter -- has recommended Seifert be suspended from the practice of law for two months and assessed $25,000 in costs, but that has yet to be ratified by the hearing panel.

I don't think there was ever any question that Hammond is more interested in structuring stock deals than running a biodiesel plant in Serbia.

I think the project was simply a pretext for creating a nice, tight shell (Hammond and Andric ended up with more than 90 per cent of the stock) for some yet-to-be-determined promotion.

Sure enough, in December 2008, Pax announced it had been "unable to locate transactions in the biodiesel industry that were on terms favorable to us" and was therefore going to look for opportunities in the "clean energy market." Accordingly, it changed its name to Pax Clean Energy Inc.

But in February this year, the company switched gears and announced it is going to acquire Mobile Video Development, Inc., a New York-based company that is developing technology to enable mobile device users to share videos and pictures.

The acquisition is structured as a reverse takeover: Pax will issue so many shares to the shareholders of Mobile Video Development that they will become the controlling shareholders.

No financial statements have been provided and there is no indication that the company to be acquired has any operating history. But Hammond said that if his projections come true, the company would be worth $5 billion by 2010, a laughable proposition.

Stimulated by paid Internet hypesters, the stock rocketed to $9.99 by Tuesday. With 17.6 million shares outstanding (assuming the merger deal is completed), the company's total stock market value was now a fanciful $175 million US.

At that point, the SEC stepped in and issued a cease-trade order.

"Questions have been raised regarding the accuracy of publicly disseminated information concerning, among other things, an acquisition by the company, the value of the company after the completion of the acquisition, and the company's current and future financial condition," the SEC stated.

"The commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above listed company."

The cease-trade order lasts for 10 business days, or until May 11.

I couldn't reach Hammond on Thursday, but he earlier told Canada Stockwatch reporter Mike Caswell he had no idea why the SEC halted his company.

"I've got my lawyers speaking to them. If there is anything inaccurate, I'd like to know what it is," he said.

Accuracy is not the question. It's the paucity of information, and a deck of shares sorely stacked in favour of insiders.

[e-mail]

http://www.vancouversun.com/Technology/puts+brakes+questionable+stock+deal/1552525/story.html

[janice shell]

PXCE isn't; GSAE is, though I think the SEC should have suspended both.

[Rhubarb]

Interesting reading here !

OSCE Mission
Energy security is vital for the sustainable economic development and stability of a country. The inability to access energy
resources causes serious economic disturbances and political instability. In conditions of a global economy, disturbances
easily spread, precisely why it is of crucial importance to ensure energy resources on a lasting basis and to invest efforts to
reduce so-called energy poverty which affects transition and third world countries the most. The problem can be resolved
with the introduction of alternative, i.e. renewable energy sources. This would largely mitigate the problem, and would
produce the positive effect of assisting local economic development and the reduction of the emission of greenhouse
gases. However, what is needed for a successful solution is awareness about the existence of the problem, political will and
the ability to implement the solution.
The Organization for Security and Cooperation in Europe (OSCE) rallies 56 countries and, within its mandate in Serbia, since 2001
it has had the task of promoting and assisting the country’s comprehensive development, its full democratization and economic
sustainability. This is to enable partnership relations with neighboring countries and the country’s efficient inclusion in processes
of integration, with the implementation of the principle of sustainable development in the broadest sense of the word.


What measures has the OSCE Mission to Serbia
and Montenegro taken to draw the attention of the
authorities, as well as domestic and foreign investors to
such possibilities for investing?
- The OSCE Mission in Belgrade is endeavoring to offer
Serbia support for sustainable economic development. For
this reason it is promoting the potentials of renewable energy
in Serbia and it wishes to attract investors to invest in this
field. The OSCE – Mission to Serbia has established Serbia’s
potentials in renewable energy sources so as to bear influence
on the domestic professional public and the authorities
to create as best conditions as possible for enabling fresh
investments in this sector. In this manner we wish to stimulate
the development of the regional energy market, whereby we
also insist on renewable energy sources

http://www.promoney.rs/maj2008/OEBS.pdf

[stoxrock]

ROCK STEADY JANICE: SCAM ALERT IS ON..

[Rhubarb]

GSAE 3.25 x 3.30 last trade 3.22

[10 bagger]

Is it still trading..???

[PIZZABUSTER1]

are u putting youre seal of opinion on it