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![]() OTCBB: GELV) Rapid Growth Attributed to Acquisition
NEW YORK, NY -- (Marketwire) -- 12/08/09 -- Green Energy Live, Inc. (OTCBB: GELV) announced yesterday that its recent acquisition of Comanche Livestock Exchange has greatly increased its financial position as well as its strategic focus. Biomass, which accounts for nearly 14% of the world's energy has also become a major focus of recent Federal Legislation. The US Department of Energy and Agriculture will be issuing $564 million to the biomass industry through the American Recovery and Reinvestment Act. An additional $700 million in non-federal and private money will also be invested, bringing the total to $1.3 billion in funds. With emissions expected to grow by nearly 40% by 2030, biomass development is needed to ensure a viable alternative to traditional fossil fuels. For more information, please visit Other active stocks are AsiaInfo Holdings (NASDAQ: ASIA) BioFuel Energy Corp (NASDAQ: BIOF) NVIDIA Corp (NASDAQ: NVDA) Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation, do no trading of any kind and send no faxes or emails. Contact: Eric Jensen 516.942.4910 |
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![]() Long Term Price Analyst Report: Target: 0,41 US$
GELV - Analyst - Report |
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![]() (OTCBB: GELV) Given Price Target and BUY Rating by Leading Research Firm
NEW YORK, NY -- (Marketwire) -- 12/09/09 -- Green Energy Live Inc. (OTCBB: GELV) has been given a BUY rating along with short and long term price targets The leading independent research firm Grass Roots Research and Development Inc. has released its evaluation on Green Energy Live Inc With the increase in fuel consumption, biomass fuel usage is expected to grow 30% into 2012, with the United States leading the way with 19% of the usage of biofuel. Biomass fuel is currently the 4th largest source of energy used in the world today For more information on Green Energy Live visit To view the entire research report, please visit: |
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![]() In A New Audio Interview at SmallCapVoice.com, Karen Clark, CEO of Green Energy Live, Inc., Updates Shareholders & Provides C...
SmallCapVoice.com, Inc. announced today that a new audio interview with Green Energy Live (OTCBB:GELV) is now available. The interview can be heard at SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit About Green Energy Live Green Energy Live is a fully reporting, publicly-listed engineering and technology company headquartered in Wyoming, Michigan (adjacent to Grand Rapids). The company is focused on developing and commercializing renewable energy gasification systems that convert biomass wastes, currently being dumped in land-fills, into fuel and other valuable co-products. What is unique about the company is that its technology can rapidly and economically be deployed to the waste site rather than vice versa. Thus, a customer's specific needs are addressed through a complete equipment package with the smallest ecological footprint This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In light of these uncertainties the forward-looking events referred to in this release might not occur |
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GLDV NEWS
Company came out with news today. Looks good. I looked at the charts on this and it lookms like it can run. Not much resistance holding us back. Here is the news!!
GRAND RAPIDS, MI--(Marketwire - 01/13/10) - Green Energy Live Inc. (OTC.BB:GELV - News), a growing clean energy company, has identified a pressing need for sustainable biowaste-to-energy conversion solutions for the $154 billion U.S. livestock industry. Green Energy Live is focusing its acquisition strategy and technology initiatives on the development of on-site, small footprint manure-to-energy converters to enable America's farmers and livestock operators use the manure produced by their operations to generate clean energy. According to the U.S. Department of Agriculture, changes in the structure of livestock farms from smaller to larger increasingly specialized operations have altered manure management practices. Large-scale livestock operations are striving to develop ways to manage the problems associated with concentrating more livestock on confined animal feeding operations, including the problems posed by nutrient management, and ammonia and methane emissions. (US Department of Agriculture, "Amber Waves," September 2009) The Department of Agriculture's June 2009 Report to Congress titled "Manure Use for Fertilizer and for Energy" found that livestock production has shifted to much larger operations which consolidate large quantities of manure in limited geographic areas. The quantities of manure nutrients produced on many large livestock operations exceed the capacity of the farm's crops to absorb them. Excess nutrients can lead to water and air pollution. In response to environmental risks, Federal, State, and local authorities are expanding their regulation of manure storage, transport, and application. Many operations now must prepare, file, and comply with detailed plans for managing manure to limit the possibilities for catastrophic spills or for land application in excess of the agronomic needs of crops. Some need to change manure management practices to comply with the plans. The USDA Report continues: there is widespread interest in using manure as a feedstock for energy production. Current examples include combustion power plants and anaerobic digestion systems designed to capture methane gas and burn it as fuel for electricity generation. While each technology is in commercial use in the United States, neither is widespread. But because such projects use existing resources, they could provide society with benefits if manure replaces newly mined fossil fuels in energy production, and if methane, a greenhouse gas, can be captured. Those societal benefits have led to proposals to support the use of manure for energy projects through State utility mandates (to purchase electricity from farms and to invest in renewable production sites), subsidies for capital costs, and direct subsidies and credits for energy production. Expanded support could lead to a substantial growth of energy applications for manure. Green Energy Live intends to utilize its proprietary gasification technology for the development of self-contained, small footprint, renewable energy gasification systems to be rapidly and economically deployed at the waste site. The company is focused on innovative biowaste converters to process methane gas from the manure of animals including cows, pigs, turkeys and chickens and convert it into electricity. The clean power could then be used to supply the farm's power requirements and generate revenue selling surplus power back to local utilities. Karen Clark, President/CEO of Green Energy Live, commented: "We believe the market for manure-to-energy conversion systems among ranchers and farmers is large and underserved. We see that farmers and ranchers are looking for clean energy solutions to enable them to manage their manure, decrease their disposal costs and reduce environmental impact. Green Energy Live is committed to developing technology that will create a win-win solution for America's livestock operators." About Green Energy Live (OTC.BB:GELV - News) Green Energy Live Inc. is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation's $154 billion livestock industry. The company plans to use its proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable livestock farmers and ranchers to convert their animal waste into clean, renewable energy. Green Energy Live acquired Comanche Livestock Exchange in July 2009. The wholly owned subsidiary enhances Green Energy Live's ability to bring its clean energy technology to market by providing ongoing revenue to support technology development, livestock industry experience, contacts with potential customers, and an established sales channel. |
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NEWSSSSS
GRAND RAPIDS, MI--(Marketwire - 03/18/10) - Green Energy Live Inc. (OTC.BB:GELV - News), a clean energy company engaged in developing sustainable biomass-to-energy conversion solutions for the U.S. livestock industry, has identified considerable potential for growth in Peck Electric Inc.'s solar energy system design and installation business. Based on the number of bids submitted, new inquiries, contracts awarded and projects in progress, Peck believes its solar panel installation division has the potential to significantly increase revenue this year.
Green Energy Live has executed a letter of intent to acquire Peck Electric, Vermont's leading provider of electrical contracting services. However, the letter of intent is not a binding agreement, the transaction is contingent upon the satisfactory completion of due diligence, there is no assurance the transaction will be completed, and the anticipated closing date may be extended if certain terms and conditions are not met. If the acquisition does occur, there is a risk that the benefits anticipated through such acquisition will not be realized due to, among other things, Green Energy's possible inability to successfully integrate Peck. Peck's solar division provides complete solar photovoltaic power system design, supply, installation and training for commercial, industrial and residential customers. Currently the company has submitted approximately $5 million in proposals for new solar projects. While there is no assurance that Peck will be awarded these contracts, or that it will receive any related revenues, the number and amount of bids submitted represent a significant increase over proposals submitted last year. Karen Clark, President/CEO of Green Energy Live, commented: "In response to rising energy costs and environmental concerns, commercial and residential customers are looking to solar energy systems for clean power generation. Green Energy Live believes Peck is ideally positioned to grow sales and revenue serving this lucrative market segment. We see the increases in requests for proposals, bids submitted and contracts awarded as highly encouraging indicators." Peck Electric has been in business since 1972. Although Green Energy Live does not possess a complete set of financial statements for Peck Electric, that company's statement of revenue and expenses for 2009, which is not audited, indicates that it generated $6 million in gross revenues and $128,908 in net income. Historically costs of sales have represented between 78% and 81% of gross revenues. The majority of sales were contributed by Peck's established electrical contracting services division. Peck's solar division contributed $500,000, approximately 8% of total revenue, last year. Green Energy is optimistic that revenues from Peck Electric's solar division will increase this year. However, there is no assurance that this will occur. |
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