Green Star products exceed analysts’ estimates, driven by the new approach to biofuel refinery
DALLAS (Vocus) October 22, 2008 –
Green Star Products Inc. (Pink Sheets: GSPI) has received an updated rating with a target price of $ 0.18 by Beacon Analyst , Victor Sula, Ph.D. The full report is available at http://beaconequity.com/main/Page-data/Adpages/GSPI
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In the report, the analyst writes, “The Company was one of the pioneers to begin researching alternative energy resources in the 1990s. … GSPI has advanced a number of proprietary technologies that are now at the stage of producing revenue. The Company is 100% vertically integrated designing and manufacturing its own biofuel processing equipment in-house. “
The analyst also stated: “The Company has also advanced the development of its biodiesel technology by unveiling a new reactor with improved design and capabilities. One of GSPI current production strategies is focused on integrating its biodiesel plant technology with oilseed crusher plants and farm cooperative support, such as biodiesel facility in Odessa, Washington. … GSPI 2007 revenue was 60% higher than $ 2.5 million as our estimate of $ 1.5 million. “
other companies in the energy sector include Allegro Biodiesel Corp. own (OTCBB: ASDP), Earth Biofuels (OTCBB: EBOF) and Pure Biofuels Corp. (OTCBB: PBOF)
Beacon Equity Research Disclosure
analysts contributing to this report certify that the views expressed accurately reflect his personal opinion of the analysts about the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any document shall be construed as a recommendation to buy or sell securities. BeaconEquity.com is a wholly owned entity of BlueWave consulting, LLC, which was offset thirty-five thousand dollars Bismark Consulting, a shareholder of GSPI, as a marketing budget to manage a comprehensive investor outreach, including creation and distribution of this report and other efforts, Investor Relations. This report is based on data obtained from sources we believe to be reliable but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our website, BeaconEquity.com, for complete disclosure.
SOURCE:
BeaconEquity.com
Jeff Bishop, (469) -252 to 3505
Press@beaconequity.com
Http: / / www.BeaconEquity.com
or
Green Star Products Inc.
Joseph LaStella
, President
800-741-7648
800-340-9784
619-864-4010
619-789-4743 (fax)
Info@GreenStarUSA.com
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