Green Energy Resources Receives Strong Upgrade by Respected Research Firm; Management to Initiate Stock Buy Back.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Green Energy Resources, Inc. (Other OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : GRGR GRGR Girls Rock Girls Rule (music tour) .PK) is pleased to announce a well-respected firm TSC TSC Thestreet.com (stock symbol) TSC Time Stamp Counter TSC Tuberous Sclerosis Complex TSC Tractor Supply Company TSC Terrorist Screening Center (Department of Homeland Security) , has upgraded their equity rating on GRGR. This strong upgrade comes at a time when the company is moving to boost profitability, target 20 percent of the European biomass market and institute a stock buy back. The company anticipates a surge in revenues heading into 2007 as countries across the world continue to focus on biofuels and biomass as a form of renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. . TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.otclive.com or visit: http://www.greenenergyresources.com. Mr. Joseph Murray, President of Green Energy Resources states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction". Mr. Murray further stated, "We anticipate strong growth heading into 2007 and have initiated a resulting stock buy back program. Global demand for renewable energy is continuing to increase. Recently, China enacted a green energy law which takes effect this month. China has committed over $180 Billion to green energy laws. The plan is intended to boost renewables to 15% of total power production by 2020. Biomass energy is a centerpiece of the new law and provides an unparalleled opportunity for our company to supply Chinese power companies. " Green Energy Resources, Inc.: Green Energy Resources, Inc. (OTC: GRGR) is dedicated to working with power generating utilities, government, and corporations for carbon emission strategies, and is the only American company selected to supply the Euro Energy Group. Green Energy Resources is the only American company to offer, the stringent UTCS UTCS Urban Traffic Control System UTCS Senior Chief Utilitiesman (Naval Rating) UTCS Universal Train Control System environmental certification, and is 100% Kyoto compliant. Products include biomass, and woodchips for direct energy and gasification gas·i·fy tr. & intr.v. gas·i·fied, gas·i·fy·ing, gas·i·fies To convert into or become gas. gas , as well as sawdust, to reduce coal-polluting emissions in co-firing. Forward-Looking Statements: This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially. |
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