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Newsroom - Clients - GRGR
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Green Energy Resources Inc
Green Energy Resources (GRGR) Opens London Office; Offers Shareholders 10% Stock Dividend
LONDON--(MARKET WIRE)--Sep 28, 2007 -- Green Energy Resources (Other OTC:GRGR.PK - News) announced it has opened an office in London, England, effective October 1st. The office is located at Trafalgar Square on Northumberland St. The decision recognizes previous Letters of Intent, commitments and contracts announced over the last two years by Green Energy Resources that are nearing fruition as power plants are commissioned, beginning operations or nearing readiness. The address in London will be manned and facilitate expansion throughout Europe. Mr. Tom Snyder of Connecticut has been named to run the office.
Green Energy Resources, CEO, Joseph Murray has been in Europe over the last three weeks meeting with clients and potential new customers for woodchips and wood biomass. Green Energy Resources has strategically positioned itself to capture a targeted 80% of the US export market to Europe by 2011. Sales for the company over the last two years have been small, but reflect the difficulties of a new marketplace and industry that involves private business and government driven regulation and incentives. Green Energy Resources remains undeterred to meet anticipated demands for wood biomass by the European marketplace. The company has solid contracts for supply on its books.
In other company news, 2nd qtr financials have been delayed by the extensive travel schedules and will be released as soon as possible.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.
Green Energy Resources
Joseph Murray
631-375-7921
joe.murray@greenenergyresources.com
http://www.greenenergyresources.com
or
Worldwide Financial Marketing, Inc. USA
Investor Relations
Int'l: 1-954-360-9998
Nat'l: 1-866-360-9998
Info @ wwfinancial.com
http://www.wwfinancial.com
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About Green Energy Resources, Inc.
Green Energy Resources, Inc. is dedicated to becoming a leading
supplier of reliable, low cost, high quality wood fiber fuels (biomass).
Biomass, which is essentially organic matter that can be converted to
energy, is the fourth leading source of energy in the United States
(behind oil, natural gas and coal), and is currently providing about 2
percent of all energy used in this country. This is expected to grow to
over 10% by the end of this decade.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
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