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Thursday, April 01, 2010 1:50:44 PM
Green Star Energies Appoints Jim Hale as President and CEO
2010-04-01 13:35 ET - News Release
Also News Release (U-AEOH) AEON HOLDINGS INC
VANCOUVER, Wash., April 1 /PRNewswire-FirstCall/ -- Green Star Energies, Inc. (Pink Sheets: GSRE) is pleased to announce the appointment of Jim Hale to the positions of President, CEO, Secretary and Treasurer. Mr. Toth who formally held these positions will work with Mr. Hale in his new positions to make sure that the corporate agenda is properly executed.
Mr. Hale is CEO and President of a privately held Professional Services firm based in Chicago. Mr. Hale has grown his company's revenues by over 500% in just three years to revenues in the millions. He brings many years of experience with startups and turnarounds in various industries. Mr. Hale is also one of the initial members of the Stockholder Committee and is prepared to implement the direction of this group of stockholders.
As a term of Mr. Hale's appointment all of the Company's management will work without any stock or cash compensation until further notice. Mr. Hale has introduced a series of initiatives to promptly deal with the Company's current business affairs which will be outlined on the corporate website and newsletter. In full disclosure, Mr. Hale has purchased additional shares to add to his overall holdings.
Mr. Hale said, "As a longtime shareholder since back in 2007, I am looking forward to completing the belated turn around of the Company. I have a significant vested interest to see this company come to production and will do everything in my power to make sure this happens. It's time to focus on return on investment for the Green Star stockholder; I look forward to opening a dialogue with our stockholders to address each concern and aspect of the Company which in turn will help in developing our corporate agenda."
ABOUT GREEN STAR ENERGIES, INC.
Green Star is an energy company with interests in oil and gas development and production. Green Star follows an aggressive business model, focusing on redevelopment of oil and gas fields with a history of production. Green Star is actively seeking acquisitions and joint ventures through its majority owned subsidiary, Aeon Holdings, Inc. (Pink Sheets: AEOH). Please visit our websites: http://www.GreenStarEnergies.com, http://www.AeonHoldingsInc.com.
Please read the full disclaimer before making any investment decisions, available here: http://www.GreenStarEnergies.com/disclaimer.
SOURCE Green Star Energies, Inc.
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