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Tuesday, 04/05/2011 2:08:14 PM

Tuesday, April 05, 2011 2:08:14 PM

Post# of 33129
Green Star Energies, Inc. Newsletter

A MESSAGE TO SHAREHOLDERS FROM STEVE RACKLEY, CHAIRMAN AND CEO

April 5, 2011

Dear Shareholder,

In yesterday's newsletter I covered how our current management team ended up in charge of Green Star Energies. I left off at the point where we assembled a team of very talented, experienced and qualified professionals, none of whom have ever had any ties with the company. In closing I mentioned that we have tremendous opportunities ahead but we face an uphill climb and many challenges. I would like to elaborate on this today.

THE OPPORTUNITIES AHEAD

I'm sure that you will agree that there has never been a better time to be involved in the exploration and recovery of hydrocarbons. Oil is in increasing demand, both domestically and worldwide. Emerging nations such as China and India have a thirst for oil that seems insatiable as they attempt to modernize their countries and build infrastructure. Turmoil in the Middle East and South America result in fears for the possibility of interrupted supplies or shortages. Accidents such as the recent tragedy in Tokyo and the resulting complications with their nuclear facilities make governments and industry have second thoughts about abandoning oil and gas for alternative forms of energy. I would challenge you to look around yourself right now and identify anything, anything at all, that did not have oil or gas involved in its manufacture, transportation or distribution. Try as we may, we simply cannot do without oil and gas.

OUR ASSETS

From the start, Gabriel and I have been very impressed with our biggest asset, our shareholders.
For the most part, each shareholder that I have spoken with has expressed the same sentiment. They are unhappy with the mistakes and mismanagement that has occurred in the past and hope and pray that we can take this company and finally turn it into an oil company. We can't go back and change the past but we can shape the future. We believe that we have the experience and ability to turn Green Star Energies into a very successful oil company. We are searching diligently for deals that will turn your company into a company with tangible assets, revenue and stock that appreciates based on these things. But we face some big hurdles.

OUR OBSTACLES

One of the problems of being associated with this company today is that we bear the burden of the sins of those that came before us. We have purposefully been deliberate in the selection and execution of our deals and have been cautious to avoid issuing press releases about speculative opportunities. We have also been cautious and discerning when it came to forming our management team and board of directors. It has always been our intent to be different from the previous management in these respects.

If you recall, I mentioned that there were supposed to be assets transferred to the company as a result of the proposed merger with North Texas Energy. Their assets were marginal at best and had the potential for overwhelming liabilities. Since we had no merger, we have no oil producing assets. You as shareholders hold stock in a company that is not unlike many other Pink Sheet companies in that there are not a lot of underlying assets that provide value for your investment. To be successful, a business needs working capital. It is unrealistic for our shareholders to expect us to be able to make this company a strong successful energy company.


WHERE DO WE GO FROM HERE?

In order to accomplish our goals we need capital. And we need our shareholders to step up and make it happen. It can't happen any other way. We have prepared a debt offering for the acquisition and development of the E.J. Robicheaux lease in Louisiana. The total offering is for $350,000. That's not a lot of money. I've spoken to several of our shareholders who could contribute significantly to helping us reach that goal. But time is of the essence. We must do it now. If you have any interest in seeing this company become a successful, thriving oil company then I'm asking you to step up and help.

To find out more about how you can participate please email me your contact information at management@greenstarenergies.com. Or you can contact either Chris Holub or me at the numbers below.

I look forward to hearing from you very soon.

Best regards,



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