SAN DIEGO--(BUSINESS WIRE)--Green Star Alternative Energy, Inc. (Pink Sheets:
GSAE -
News), a renewable
energy company focused on creating electricity from the power of wind,
is pleased to announce that the Company is now a fully reporting Pink
Sheet company.
With the status of fully reporting Pink, Green Star has shown to
regulators and shareholders a high level of transparency. Information
regarding interim financial statements, legal opinions, corporate
articles, 15c211 filings, and other important data is now available for
viewing at pinksheets.com. This is another important step in the process
of becoming a fully reporting issuer on the OTCBB. The Company is moving
towards the fulfillment of the requirements for obtaining quotation on
the OTC Bulletin Board.
J. M. De Castro, CFO of Green Star Alternative Energy, stated: “I
am pleased to report that Green Star is now a fully reporting issuer.
This will speed up transactions as well as allow online investors full
access to GSAE.PK. This is also a very important step in the process of
obtaining a listing on the OTCBB. We continue to work diligently on all
necessary administrative details that move the Company forward.”
About Green Star Alternative Energy (GSAE.PK)
Green Star Alternative Energy, Inc. is engaged in developing clean
energy from the power of wind. To drive growth and revenue Green Star is
focused on the development of wind energy, the import and export of
electricity, the cultivation of agriculture on its wind farms, and the
supply of greenhouse gas emission credits. The company is pursuing a
significant opportunity to provide clean power to the growing Republic
of Serbia and neighboring European countries. With the pending
acquisition of key wind farm and power trading company Notos, Green Star
will become one of a select few companies licensed to trade electrical
power into and out of Serbia, the only company in Serbia able to
generate and export its own wind energy, and the nation’s
first developer of wind power.
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.
