Green Star Products Exceeds Analyst Estimates, Fueled by New Approach to Biofuel Refinery
22 Outubro 2008 - 9:00AM
Business Wire
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.
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