NEW YORK, Nov. 25, 2008 (GLOBE NEWSWIRE) -- Green Energy Resources (Pink Sheets:GRGR) is offering Hurricane Ike storm wood for delivery anywhere in the US or Canada. The wood biomasse can be used for wood ethanol, pellet application or power generation. The company will utilize a plethora of logistical resources to transport by barge, ship or rail at competitive prices. Green Energy Resources can make available over 1 million tons in staged deliveries over the next year.
Green Energy Resources is offering a 50/50 split of the bankable carbon credits with a delivery contract.
In other News
Green Energy Resources won the contract for New York City's woodchips. The volume of chips is in the 10,000 to 100,000 ton range.The chips are produced through the City Parks Department, and Highway Maintenance Departments.
Green Energy Resources is an environmentally friendly renewable energy company dedicated to preserving world forests. The company sources its supplies through sustainable practices, recycled wood, municipal maintenance operations and storm damage. The company has no debt, operates on its own self generated revenues, and is not leveraged .
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.