INSEQ Announces GREX Renewable Energy Certificate Trading Platform; Company to Sell Green Energy Products Through New Commodities Trading Platform.MOUNT ARLINGTON, N.J. -- INSEQ Corporation (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : INSQ) today announced its plans to sell renewable energy certificates Renewable Energy Certificates (RECs), also known as Green tags, Renewable Energy Credits, or Tradable Renewable Certificates (TRCs), are the property rights to the environmental benefits from generating electricity from renewable energy sources. ("RECs") and other green energy products through GREX grex n. A classification for cultivars derived from the same hybrid. [Latin, herd, flock; see gregarious.] (TM) - a new INSEQ commodities trading platform devoted to the increased distribution of green power to residential and commercial consumers. GREX is based upon the concept of pollution markets, which allow consumers to subsidize and increase the production of green, or environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] energy, and offset their consumption of fossil fuel fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. sources. GREX's initial products will include various different forms of renewable energy certificates that Sterling Planet, Inc., the nation's leading reseller of RECs, is customizing for INSEQ and making available to GREX for resale. These products will include specialized blends of solar, wind, biofuels and other green energy credits. GREX will also sell TerraPasses - car decals produced by TerraPass, Inc., that are certified to eliminate the equivalent of a single car's carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. emissions, as well as carbon dioxide credits and other green tags produced by Mean Green BioFuels Corporation. INSEQ, Sterling Planet, TerraPass, and Mean Green are all portfolio companies of GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze cat·a·lyze v. To modify, especially to increase, the rate of a chemical reaction by catalysis. catalyze to cause or produce catalysis. transformational environmental gains. Kevin Kreisler, INSEQ's chairman and the chairman and chief executive officer of GreenShift Corporation, said that "INSEQ's mission is to directly facilitate increases in the relative efficiency of the use of natural resources and GREX is a major aspect of INSEQ's strategy moving forward. We believe that the state of today's domestic energy infrastructure makes it very difficult for everyday consumers to purchase green energy, and we further believe that we can enable a significant positive impact on the environment by bringing RECs and other green tags to a great many individual consumers through GREX." "GREX is also strategic to GreenShift's long term growth plans," added Kreisler. "GreenShift is targeting investments and then methodically establishing linkages amongst its various portfolio companies with a view towards increasing each of their sales, earnings and individual intrinsic values Intrinsic Value 1. The value of a company or an asset based on an underlying perception of the value. 2. For call options, this is the difference between the underlying stock's price and the strike price. . As applied here, INSEQ will purchase and sell Sterling Planet, TerraPass and Mean Green RECs and green tags through GREX. If we are successful, this will increase sales and make a contribution to operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. for four different GreenShift portfolio companies which we expect will in turn result in an enhanced positive impact on GreenShift's net asset value. We are very excited by GREX and its potential and look forward to launching later this year." About INSEQ Corporation INSEQ Corporation is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com. INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. |
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