Wednesday, July 25, 2007 3:06:54 PM
Greenbelt Resources Corporation: Greenbelt Resources Corporation completes corporate restructure
Jul 13, 2007 (M2 PRESSWIRE via COMTEX) -- IOWA, July 13, 2007 - Greenbelt Resources Corporation (Pink Sheets: GRCO) has completed its corporate restructuring. The company has its new leadership, symbol, officers, directors, and intends to move forward with fresh vigor.
CEO Robert Johnson encourages everyone to eliminate "Originally New York" from their vocabulary as the company now uses its new name on all documents. Johnson also reflected that the both board members and employees have been excited about the future of the company.
The company website, presently located at www.ONYIonline.com will be moved to its new home at www.GreenbeltResources.com soon.
About the company:
Diversified Ethanol, a subsidiary of Greenbelt Resources Corporation, manufactures small ethanol plants. The plants are modular in design, and compatible with a wide variety of feedstocks. The plants are scaleable, upgradeable, and compatible with future technology. The company has an award-winning ethanol plant design and a dairy management system that pays for itself, utilizing energy produced from waste. The company website is located at: www.diversifiedethanol.com This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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