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sure buddy...
some folks just neglect to read the fine print on some things they sign up for too.
if you got more then one from em...you likely signed up somewhere for something
AFTER ALL
i recall "somebody" here rambling on about a certain article naming our firm
see link- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38256376
which was not the case...NOW WAS IT?
seems selective memory abounds these places
but then again it is real easy to deny it as well
but i suppose not quite as easy as it is to just guess an EMAIL addy.
YOU WOULD BE SURPRISED HOW MANY FOLKS SIGN UP FOR STUFF..THEN TRY AND DENY IT
JUST ASK, WE GET THEM ALL THE TIME
might wanna downgrade your "100% unsolicited" to
"i dont think i signed anything"
Nope, 100% UNSOLICITED, Righty and this week I didn't get anymore so maybe they got the hint I have ZERO interest in their spam.
I would have to say it is quite clear you signed up for it.
Unless you are suggesting some anonymous email outfit just guessed at your addy?
pullease
if you don't want pennystock info in your emailbox
DONT ASK FOR IT...
SIMPLE REALLY
I have several emails i use for filtering stock mails.
generally...I dont get a single email (out of thousands) that I did not ask for.
occasionally it has happened....but not to the extent you are laboring over.
this is precisely like the folks who sign up on our site asking for emails
then weeks later..try and report something we sent as spam
give it a rest
Agreed, he is excellent and knows the Vancouver scene very well. I don't trade penny stocks. Have no idea why I got spammed.
It started last month with spam hype on CERP, then APDN, then NGHI. This month it was EVII and GSAE.
David Baines is a Very Good reporter and is very in touch with the Vancouver markets.
If Baines is writing up a stock for being suspicious ... get out of that stock.
jmo
Mine catches most of them but these on EVII and GSAE did get thru earlier in the week.
My spam filter gets those, and straight to delete.
That's the one!
Have you gotten any spam e-mails from Beacon or other promoters on EVII or GSAE?
Serbian wind promotion sounds like a lot of hot air
Green Star's spam campaign brings 'skull and crossbones' warning
By David Baines, Vancouver SunJune 19, 2009
http://www.vancouversun.com/Technology/Serbian+wind+promotion+sounds+like/1711614/story.html
In Thursday's column, I reported that Beacon Equity Research, a penny stock tout firm out of Texas, has been hyping EV Innovations Inc., a Nevada company that trades on the dreadful OTC Bulletin Board in the United States.
My interest in EV Innovations (previously Hybrid Technologies Inc.) relates primarily to several local men who were promoting this company, most notably Aarif Jamani.
Jamani was a certified management accountant until several months ago, when he came under Vancouver police investigation in an unrelated stock bribery case and allowed his membership in the CMA Association to lapse. (In my column, I identified him as a former certified "general" accountant, which is incorrect.)
Working behind the scenes is Calgary promoter Salim Rana, who has a history of controversial dealings and is currently barred from entering the United States (for reasons that are not clear.)
EV Innovations is developing a lithium-ion battery technology for electric vehicles, but it has generated little in the way of revenues and much in the way of losses. As of Jan. 31, its cumulative deficit was $53.2 million US.
None of these negative features, however, has deterred the folks at Beacon, who have repeatedly demonstrated they will promote just about any piece of junk, as long as they get paid.
In 2007, Beacon analyst Victor Sula rated EV Innovations a "speculative buy" even though it was under formal investigation by the U.S. Securities and Exchange Commission.
This week, it was spamming prospective pigeons with puffy phrases like, "Put on your seat belt because we're ready for lift-off!" I thought that "Get ready for impact" might have been more appropriate.
Beacon's latest penny stock darling is another dubious Vancouver-connected company, Green Star Alternative Energy Inc., which trades on the "pink sheets" in the United States and purports to be developing wind farms in Serbia.
The brains behind this deal is Miodrag (Mike) Andric, a Serbian native who maintains a residence in West Vancouver. In the late 1990s, Andric worked as a bodyguard for Thai financial fugitive Rakesh Saxena, who had been charged with embezzling $88 million US from the Bangkok Bank of Commerce and had fled to Vancouver, where he has been fighting extradition ever since.
In April, Andric became chairman, president and CEO of Green Star, and promptly announced a series of "discussions" and "negotiations" with big-name companies in the wind-energy industry. Those announcements were promptly discredited by Carol Remond in her In the Money column for Dow Jones Newswires.
- On May 12, Green Star announced that its Serbian partner, Notos (co-founded by Andric) had met with executives from General Electric's GE Energy unit and suggested that GE Energy might work in partnership with Notos. Remond said GE Energy spokesman Daniel Nelson confirmed his company had met with Notos, but insisted those meetings "were part of a series of exploratory discussions" and "GE has no plans for further cooperation with Notos."
- On May 5, Green Star claimed it was in negotiations with Spain's Gamesa Corporacion Technologica, a leading manufacturer of wind turbines. Remond quoted Michael Peck, director of media relations for Gamesa North America, as saying, "We have no knowledge of Green Star and no knowledge of the information contained in the press release."
- On April 23, Green Star announced a "collaboration agreement" between it, Notos and Electrawinds. Remond said Marleen Vanhecke, in charge of public relations at Electrawinds, denied there was any agreement: "We just have a signed paper saying that we would speak with them. They have no deal with us."
When I contacted Andric in Serbia on Thursday, he insisted that Green Star's releases were accurate and he had the documentation to prove it. He may very well have documentary evidence, but I think it's clear these discussions and negotiations amount to little, if anything.
On June 4, Green Star hit another rough patch when the B.C. Securities Commission issued a cease-trade order against the company. The commission ruled that, even though the company is registered in Nevada and ostensibly based in San Diego, it has enough connections to Vancouver to make it a B.C. reporting issuer. That means it has to file regular financial statements, news releases and other documents with the commission, which it hasn't. (This cease-trade order has little impact on the company because it applies only to B.C. and the bulk of the trading occurs on the pink sheets, a U.S. over-the-counter market.)
Pink sheets had earlier placed its "skull and crossbones" warning on the webpage featuring Green Star due to the lack of information, but removed it after the company filed a registration statement with the U.S. Securities and Exchange Commission.
That filing included financial statements showing that, as of Dec. 31, the company had only $3,310 in total assets.
Once again, none of this has deterred the touts at Beacon Equity Research. They have been spewing a steady stream of spam, describing Green Star as "an emerging leader" in the wind energy industry and the "ONLY company able to GENERATE and sell its own wind energy."
And on Thursday, right on cue, analyst Victor Sula weighed in with his familiar "speculative buy" recommendation with a price target of $5.70 per share. (The stock closed Thursday at $2.45, up 50 cents, which shows that this sort of carnival talk works.)
The report's disclaimer helpfully pointed out that Beacon had been paid $30,000 by a Green Star shareholder, Equity Alliance International, and 30,000 shares by a company called Onyx Consulting Group, to manage a "comprehensive investor awareness program," including Sula's report.
The disclaimer says Sula's report should be viewed as a "commercial advertisement" rather than bona fide investment advice. The people behind Equity Alliance and Onyx Consulting are not identified. Andric said he didn't know who was behind the program, and even tried to convince me that he wasn't even aware anybody was hyping his stock. Perhaps they don't have Internet service in Serbia.
In any event, Beacon's b.s. has had an unintended consequence. On Thursday, Cromwell Coulson, chairman and CEOP of Pink Sheets LLC, told me he will reinstitute the "skull and crossbones" warning on Green Star's stock due to the spam campaign. You can't say you haven't been warned.
dbaines@vancouversun.com
http://www.vancouversun.com/Technology/Serbian+wind+promotion+sounds+like/1711614/story.html
Must be the same spam David Baines (Vancouver Sun) got again as he wrote them up today.
http://www.vancouversun.com (see Baines' column)
My last spam on EVII was on Tuesday and the last spam I got on GSAE was Wednesday. They must have figured out I don't eat Spam.
I got another email from Beacon on this one today.
Disclaimer says they received $30,000 and 30,000 free trading shares.
Beacon equity is nothing more than a bunch of cheap scam artists.
http://www.vancouversun.com/business/Serbian+wind+promotion+sounds+like/1711614/story.html
Beacon's latest penny stock darling is another dubious Vancouver-connected company, Green Star Alternative Energy Inc., which trades on the "pink sheets" in the United States and purports to be developing wind farms in Serbia.
The brains behind this deal is Miodrag (Mike) Andric, a Serbian native who maintains a residence in West Vancouver. In the late 1990s, Andric worked as a bodyguard for Thai financial fugitive Rakesh Saxena, who had been charged with embezzling $88 million US from the Bangkok Bank of Commerce and had fled to Vancouver, where he has been fighting extradition ever since.
In April, Andric became chairman, president and CEO of Green Star, and promptly announced a series of "discussions" and "negotiations" with big-name companies in the wind-energy industry. Those announcements were promptly discredited by Carol Remond in her In the Money column for Dow Jones Newswires.
- On May 12, Green Star announced that its Serbian partner, Notos (co-founded by Andric) had met with executives from General Electric's GE Energy unit and suggested that GE Energy might work in partnership with Notos. Remond said GE Energy spokesman Daniel Nelson confirmed his company had met with Notos, but insisted those meetings "were part of a series of exploratory discussions" and "GE has no plans for further cooperation with Notos."
- On May 5, Green Star claimed it was in negotiations with Spain's Gamesa Corporacion Technologica, a leading manufacturer of wind turbines. Remond quoted Michael Peck, director of media relations for Gamesa North America, as saying, "We have no knowledge of Green Star and no knowledge of the information contained in the press release."
- On April 23, Green Star announced a "collaboration agreement" between it, Notos and Electrawinds. Remond said Marleen Vanhecke, in charge of public relations at Electrawinds, denied there was any agreement: "We just have a signed paper saying that we would speak with them. They have no deal with us."
When I contacted Andric in Serbia on Thursday, he insisted that Green Star's releases were accurate and he had the documentation to prove it. He may very well have documentary evidence, but I think it's clear these discussions and negotiations amount to little, if anything.
On June 4, Green Star hit another rough patch when the B.C. Securities Commission issued a cease-trade order against the company. The commission ruled that, even though the company is registered in Nevada and ostensibly based in San Diego, it has enough connections to Vancouver to make it a B.C. reporting issuer. That means it has to file regular financial statements, news releases and other documents with the commission, which it hasn't. (This cease-trade order has little impact on the company because it applies only to B.C. and the bulk of the trading occurs on the pink sheets, a U.S. over-the-counter market.)
Pink sheets had earlier placed its "skull and crossbones" warning on the webpage featuring Green Star due to the lack of information, but removed it after the company filed a registration statement with the U.S. Securities and Exchange Commission.
That filing included financial statements showing that, as of Dec. 31, the company had only $3,310 in total assets.
Once again, none of this has deterred the touts at Beacon Equity Research. They have been spewing a steady stream of spam, describing Green Star as "an emerging leader" in the wind energy industry and the "ONLY company able to GENERATE and sell its own wind energy."
And on Thursday, right on cue, analyst Victor Sula weighed in with his familiar "speculative buy" recommendation with a price target of $5.70 per share. (The stock closed Thursday at $2.45, up 50 cents, which shows that this sort of carnival talk works.)
The report's disclaimer helpfully pointed out that Beacon had been paid $30,000 by a Green Star shareholder, Equity Alliance International, and 30,000 shares by a company called Onyx Consulting Group, to manage a "comprehensive investor awareness program," including Sula's report.
The disclaimer says Sula's report should be viewed as a "commercial advertisement" rather than bona fide investment advice. The people behind Equity Alliance and Onyx Consulting are not identified. Andric said he didn't know who was behind the program, and even tried to convince me that he wasn't even aware anybody was hyping his stock. Perhaps they don't have Internet service in Serbia.
In any event, Beacon's b.s. has had an unintended consequence. On Thursday, Cromwell Coulson, chairman and CEOP of Pink Sheets LLC, told me he will reinstitute the "skull and crossbones" warning on Green Star's stock due to the spam campaign. You can't say you haven't been warned.
A very nice move for the stock today up 26% on almost 70 million shares traded Congrats to those who got in. Next resistance is the 50 MA line of 2.58 if we get through that we could possibly test the next resistance area of 2.80
This one seems to have woken up the past couple of days Get this one on radar for a break above the 20MA line of 2.01 after that i see no major resistance until the 50 MA line of 2.62 Support is 1.82
Beacon analyst issued a speculative buy rating for GSAE and a target of $5.70. Nice to see to the company putting out news consistently again.
http://mobilepresswire.com/fullstory.php?id=1288&ptitle=Breaking%20News%20Alert:%20Green%20Star%20Alternative%20Energy
Trash Carol Remond?
There's another Dow Jones article (yesterday) on the BCSC's trading suspension.
I suppose they can see if Nazir of CDIV wants to hire them for an "investors' awareness" campaign.
Poor righty. Poor rhubarb. What will they do now?
Jun 4, 2009
Pink OTC Markets News Service
Vancouver, BC, Canada —
Cease Trade Order
Green Star Alternative Energy Inc.
Section 164 of the Securities Act, R.S.B.C. 1996, c. 418
1 Green Star Alternative Energy Inc. (Green Star) is an OTC reporting issuer under BC Instrument 51-509 Issuers Quoted in the U. S. Over-the-Counter Markets.
2 Green Star has not filed:
1. interim financial statements for the financial periods ended September 30, 2008 and March 3 1,2009, as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102),
2. a comparative financial statement for its financial yea r ended December 31, 2008, as required under Part 4 of NI 51-102,
3. a Form 51-102Fl Management's Discussion and Analysis for the periods ended September 30, 2008 , December 31, 2008 and March 3 1, 2009, as required under Part 5 of NI 51-102,
4. a FOIm51-102F2 Annual Information Form for the year ended December 3 1, 2008, as required under Part 6 of NI 5 1-102,
5. copies of news releases disclosing material changes in Green Star' s affairs since September 15, 2008 , and related material change reports, as required under Part 7 of NI 51-102,
6. copies of Form 10 General Form for Registration of Securities under Section 12(b) or 12(g) of the Securities Exchange Act of 1934 that Green Star filed with the United States Securities and Exchange Commission (SEC) on April 15,2009, as required under section 11.1 of NI 51-102, and
7. a Form 51-509F2 Notice of Investor Relations, as required under section 8 of BCI 51-509, (the required records).
3 Under section 164( I) of the Act, the Executive Director orders that all trading in the securities of Green Star cease until:
1. it files the required records, completed in accordance with the Act and rules, and
2. the Executive Director makes an order under section ]71 of the Act revoking this order.
4 June 4, 2009
Martin Eady
Director
Corporate Finance
Titelski Breg
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Titel Hill is a hill situated in the Vojvodina province, Serbia. It is located in south-eastern Baka (Šajkaška region), between the town of Titel in the south, the villages of Lok, Vilovo and Šajkaš in the south-west, the village of Mošorin in the north, and the river Tisa in the east. The hill is an interesting geographical feature because it is the only hill in Baka region, most of which is a plain.
http://www.marketwire.com/press-release/Green-Star-Alternative-Energy-Inc-997341.html
Jun 01, 2009 08:30 ET Green Star/Notos JV Signs Agreement With City of Titel
SAN DIEGO, CA--(Marketwire - June 1, 2009) - Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) ("GSAE" or the "Company") (http://www.greenstarae.com) is pleased to announce the signing of an agreement between the Green Star/Notos JV and the Municipality of Titel. The arrangement allows Green Star to explore the economic viability of the regional wind resources; and upon evaluation, the right to develop wind power and supply the area with clean electricity.
The Municipality of Titel is located in the South Backa District of the Autonomous Province of Vojvodina, Republic of Serbia. The current population is approximately 17,000 people. Titel is of significant interest to Green Star because of its geographical location. Its proximity to the famous Titelski Breg -- the location with the highest number of wind hours in the entire Balkan region -- provides for major wind power potential. Green Star will raise its wind sensor towers in the municipality during the third quarter of this year.
Director of the Energy Department - City of Titel, Stevan Gecevski, stated: "As an underdeveloped municipality, we need companies like Notos who will raise standards and open our region for further investment and development. We appreciate their efforts and will provide uncompromising cooperation to assist Green Star and Notos in achieving their goals. We will expedite the process with support and any necessary licensing."
Miodrag Andric, CEO of Green Star Alternative Energy, stated: "We wish to help areas in need, and Titel is one of them. We all agree that there is great potential for developing wind power in this region, and together we will do our utmost to make that happen."
http://www.marketwire.com/press-release/Green-Star-Alternative-Energy-Inc-997341.html
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
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: (801)272-9294
Fax: (801)277-3147
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.
Thats what we are hopeing
Oddly the first question i asked myself was "why Serbia"
Now, i allmost recommend googling exactly that.
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?
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
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
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
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: (646) 670-6494
Email: info@ludlowenergy.com
--------------------------------------------------------------------------------
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.
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.
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
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
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
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
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
Is that issuer trading on the grey market yet?
Yes, it is. No volume today.
New GSAE Company Video
On Youtube
Me, too, unless it says "CONFIDENTIAL" on it.
Oh, for the record, I never trade OTC BB or Pink Sheet issuer in any direction.
Will post any response I get on this board.
Thanks.
Let me know (please) if you here from those 2 GE gentlemen.
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?
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.
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.
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?
Sent the email, didn't get bounced back so I am guessing the format was accurate.
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!
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.
GE's General Counsel is Brackett Denniston. Would surmise his e-mail address is first name.last name@ge.com
Have you gotten a reply yet?
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.
neven.pecotic@ge.com
They're compensated to promote, not verify.
Contact GE today to see if it's true.
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GSAE ~ Green Star Alternative Energy, Inc.
On January 19, 2011, De Castro Investments Inc. (" De Castro "), and Verdad Telecom, Inc., a Nevada corporation (the " Purchaser ") entered into a Stock Purchase Agreement (the " Purchase Agreement "), pursuant to which De Castro (collectively, the " Seller ") will sell to the Purchaser, and the Purchaser will purchase from the Seller, an aggregate of 34,900,000 shares of Common Stock (the " Shares "), which Shares represent 55.1% of the issued and outstanding shares of Common Stock and Seller's debt and liabilities. The Closing occurred on January 30, 2011. The Purchaser paid the aggregate purchase price for the Shares with personal funds. There are no arrangements or understandings among members of both the former and new control groups and their associates with respect to election of directors or other matters.
We provide executive financial
management for your company
Market Value1 | $411,694 | a/o Oct 10, 2011 |
Shares Outstanding | 63,337,543 | a/o Feb 28, 2011 |
Float | 28,437,543 | a/o Dec 31, 2010 |
Authorized Shares | 200,000,000 | a/o Dec 31, 2010 |
Par Value | 0.001 |
Shareholders of Record | 8 | a/o Mar 17, 2011 |
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