SAN DIEGO--(BUSINESS WIRE)--Green Star Products, Inc. (OTC:GSPI) today announced that it has publicly released the entire chronological technical report on its 2007-2008 algae (40,000 liter) demonstration facility.
The Green Star algae facility (located in Montana) is one of the world’s largest demonstration facilities and has served as a scientific and engineering milestone towards the commercial production of algae for energy and food.
The algae industry is in such an embryonic state that very few people even understand the real algae production problems, much less claim solutions for the production of algae.
Green Star’s 20-page report can be reviewed at GreenStarUSA.com.
The report clearly delineates the real problems and engineering solutions provided by the demo project without revealing the patent pending intellectual property provided by the program.
Today, more experts agree that a new algae production industry offers a real solution to simultaneously solve three major world problems: energy crisis, global warming and food production crisis.
It’s important to review the factors that make algae so competitive with other agricultural products:
Green Star’s business plan includes commercial production in the 2008-2009 timeframe.
Green Star Products, Inc. (OTC:GSPI) is an environmentally friendly company dedicated to creating innovative, cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products' Web site at http://www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites, including http://www.pinksheets.com, http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol "GSPI."
Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.