Green Earth Technologies Inc. (fka GETG)

[petermic]

http://www.forbes.com/free_forbes/2008/0811/028.html

Turning Pink Into Green
Listed on the no-man's-land stock market called the Pink Sheets, Green Earth Technologies isn't required to file current financials. Its last statement, for the year ended June 2007, showed only $100 in cash, no revenue or R&D spending, and a negative net worth. Yet since April its shares have jumped 1,400% to a recent $2.75, for a market cap of $220 million. The rise comes as Green Earth touts its development of G-Oil, described as a motor lubricant made not from petroleum but from discarded animal fat collected in Oklahoma, and which biodegrades after an oil change. Earlier this year venture capitalist Jeff Marshall, an ex-Bear Stearns official whose background is in information technology, became the boss, moved the firm, which has sported numerous names, from California to Stamford, Conn. and raised funds from private placements. He tells forbes the potential market for green products is so big Green Earth needs only a small market share. --William P. Barrett