InvestorsHub Logo
Followers 398
Posts 28517
Boards Moderated 3
Alias Born 03/03/2004

Re: None

Wednesday, 07/01/2009 11:20:07 AM

Wednesday, July 01, 2009 11:20:07 AM

Post# of 778
GSAE Press Release: Green Star Progressing Towards Listing on OTC Bulletin Board
Press Release
Source: Green Star Alternative Energy, Inc.
On Monday June 29, 2009, 10:27 am EDT
Buzz up! 0 Print.Companies:Green star alt egyGreen star alternative energy, inc.
SAN DIEGO--(BUSINESS WIRE)--Green Star Alternative Energy, Inc. (GSAE:OTCPK or the Company ) -http://www.greenstarae.com- is pleased to announce that it is moving towards compliance with the U.S. Securities and Exchange Commission (SEC) and becoming a fully reporting entity. The Company plans to respond, this week, to the SEC request to file an amended Form 10. Subsequently, GSAE will obtain a listing on NASDAQ’s OTC Bulletin Board – a regulated quotation service that displays real-time quotes, last-sale prices, market depth and volume information for over-the-counter securities.

Related Quotes
Symbol Price Change
GAT.F 0.60 +0.10

GSAE.PK 1.00 +0.25


{"s" : "gat.f,gsae.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Mike Andric, CEO of Green Star Alternative Energy, stated, “Green Star will very shortly become a fully reporting company, and the OTC Bulletin Board will be a step towards a listing on a larger stock exchange.”

About Green Star Alternative Energy (GSAE:OTCPK)

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 neighbouring 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.

FORWARD-LOOKING STATEMENTS

This press release contains 'forward-looking statements'. These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' 'estimates,' or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company's plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.


Contact:
Green Star Alternative Energy, Inc.Jesse De Castro, CFO1-866-955-GSAE (4723)info@greenstarae.com


http://finance.yahoo.com/news/Green-Star-Progressing-bw-21198351.html?x=0&.v=2

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001462013&owner=include&count=40

Good luck.

I talk about stocks on stock message boards. No compensation. No fee is worth preying on the gullible or the unaware.

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.