The Company was one of the early pioneers to begin researching alternative energy resources in the 1990s. … GSPI has advanced a number of proprietary technologies which are now in the revenue-producing stage. The Company is 100% vertically integrated designing and manufacturing its own biofuel processing equipment in-house.
DALLAS (Vocus) October 22, 2008 –
Green Star Products Inc. (Pink Sheets: GSPI) has received an updated rating with a $0.18 Target Price by Beacon Analyst, Victor Sula, Ph.D. The full report is available at http://beaconequity.com/main/Page-data/Adpages/GSPI
Anyone interested in receiving alerts regarding GSPI research should e-mail members @ beaconequity.com with “GSPI” in the subject line.
In the report, the analyst writes, “The Company was one of the early pioneers to begin researching alternative energy resources in the 1990s. … GSPI has advanced a number of proprietary technologies which are now in the revenue-producing stage. 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's current production strategies is focused on integrating its biodiesel plant technology with oilseed crusher plants and farm cooperative support, such as the biodiesel facility in Odessa, Washington. … GSPI’s 2007 revenues were 60% higher at $2.5 million than our $1.5 million estimate.”
Other companies in the clean energy sector include Allegro Biodiesel Corp. (OTCBB: ABDS), Earth Biofuels (OTCBB: EBOF) and Pure Biofuels Corp. (OTCBB: PBOF)
Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC, which has been compensated thirty five thousand dollars from Bismark Consulting, a shareholder of GSPI, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. 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 Web site, BeaconEquity.com, for complete disclosures.
Jeff Bishop, (469)-252-3505
press @ beaconequity.com
Green Star Products Inc.
Joseph LaStella, President
info @ GreenStarUSA.com