Thursday, April 16, 2009 2:47:06 PM
Compensated Awareness Post View
Disclaimer
April 16, 2009 - 9:16 AM EDT
Green Star Alternative Energy, Inc. (Pink Sheets:GSAE) (“GSAE” or the “Company”) is pleased to announce that it has filed Form 10 with the U.S. Securities and Exchange Commission (SEC) to become a fully reporting entity. This initiates the procedure for obtaining eligibility for GSAE to be listed on NASDAQ’s OTC Bulletin Board quotation network. The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, market depth and volume information for over-the-counter securities.
OTCBB eligibility requires that companies remain current in their compulsory filings with the SEC. Green Star has maintained the necessary audited documentation to comply with OTCBB regulations, despite being listed on the Pink Sheets where it is not required. This commitment to transparency will expedite the approval process and is estimated to take less than sixty days.
J. M. De Castro, CFO of Green Star Alternative Energy, stated, “This is a natural progression for Green Star. We have maintained strict standards for our financial accounting records and belong on a more prominent stage. We have a corporate plan that will continue to increase our exposure to the investment community and provide greater value for our shareholders.”
About Green Star Alternative Energy (GSAE.PK)
Belo Blato location
Site location Photo with Completed Artists Conseptualization
Green Star Alternative Energy, Inc. (Pink Sheets:GSAE) (“GSAE” or the “Company”) is pleased to announce that it has filed Form 10 with the U.S. Securities and Exchange Commission (SEC) to become a fully reporting entity. This initiates the procedure for obtaining eligibility for GSAE to be listed on NASDAQ’s OTC Bulletin Board quotation network. The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, market depth and volume information for over-the-counter securities.
OTCBB eligibility requires that companies remain current in their compulsory filings with the SEC. Green Star has maintained the necessary audited documentation to comply with OTCBB regulations, despite being listed on the Pink Sheets where it is not required. This commitment to transparency will expedite the approval process and is estimated to take less than sixty days.
J. M. De Castro, CFO of Green Star Alternative Energy, stated, “This is a natural progression for Green Star. We have maintained strict standards for our financial accounting records and belong on a more prominent stage. We have a corporate plan that will continue to increase our exposure to the investment community and provide greater value for our shareholders.”
About Green Star Alternative Energy (GSAE.PK)
Belo Blato location
Site location Photo with Completed Artists Conseptualization
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
