OLD PR --- Time is up
BLUESTAR HEALTH'S ZEON FUEL SUBSIDIARY FORMS A DIVISION TO EVALUATE PROVIDING BIODIESEL FUELED POWER PLANTS
February 12, 2008
Houston, TX -BlueStar Health, Inc., (OTCPK: BLSH - News) announced today that the Company's Zeon Fuels subsidiary has formed a new division to evaluate the economic viability of delivering electricity to the local electricity grid through biodiesel fueled power plants.
Bluestar Chairman, Naved Jaffrey observed, "The technology is in place now for this to be a reliable and efficient way to assist local communities to address incremental power needs to backup or meet peek load needs." He added, "It is a natural extension of our business objective to increase the awareness and pursue the expanded use of environmentally friendly fuel to meet our everyday needs."
The company anticipates the evaluation phase to be completed in 4 to 6 months at which time it will determine the best structure to implement this new business opportunity.