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GRGR Green Energy Resources featured news, full reports, and detailed charts

Green Energy Resources (GRGR/GRGR.PK) Wrap Up:

Green Energy Resources, Inc., a green bio-energy supply company, supplies wood fiber fuel to power generation utilities and other customers in the United States and internationally. The company offers wood fiber/biomass/woodchips for direct energy and gasification; and sawdust to reduce coal-polluting emissions in co-firing. It serves power generation utilities, government, and other corporations. Green Energy Resources also markets urban tree certification software (UTCS), which is a Web-based software program that is designed to promote resource recycling of wood waste. The company, formerly known as New York International log & lumber co, Inc., was founded in 1997 and is headquartered in ...

www.greenenergyresources.com

Founded in 1997

Green Energy Resources, Inc. (GRGR:OTC)

Market Cap --		Total Revenue 6.0M
EBITDA 125.6K		DILUTED EPS TTM 0.00
P/E --		P/S --
Return On Asset --		Return On Equity --
K = Thousands M = Millions B = Billions

GRGR Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for Green Energy Resources, Inc. (GRGR)

Green Energy Resources Inc. Receives $17 Million Woodchip Supply Contract for Turkey

11/16/2009

Green Energy Resources Inc. announced it has received a 1 year $17 million supply contract to deliver woodchips to Turkey. Shipments are scheduled to commence in the 1st quarter of 2010. The contract has an option for a 2nd year. Shipments are planned to be made from a US east coast port.

Green Energy Resources Plans to Supply China with Approximately 200,000 Tons of Woodchips Valued Around $20 Million

10/26/2009

Green Energy Resources plans to supply China with approximately 200,000 tons of woodchips valued around $20 million. Green Energy Resources plans to use a US west coast port. The contract was originally signed by both parties in February of 2008. Rapidly escalating fuel, freight and container prices halted the order before operations could get underway last year in the peak of the fuel price run up that culminated in near $150 per barrel oil prices. The contract doubles the original quantity from 100,000 tons to 200,000 tons. Green Energy Resources looks to make the first shipment in November or December of this year. Shipping freight rates have been cheaper in the Pacific Basin as opposed to the Atlantic in 2009. Green Energy Resources is in the process of re-negotiating multiple contracts abrogated in 2008 due to fuel/freight market conditions.

Green Energy Resources Receives India LOI for 7 Million Tons of Woodchips Valued at $576 Million Per Year

10/7/2009

Green Energy Resources Inc. has received a Letter of Intent from an Indian power company to supply 7.2 million tons of woodchips valued at over $576 million over a 12 month period. The order poses daunting challenges for Green Energy Resources to grow and expand to meet the supply that would require approximately 15 shipments monthly or a shipment of about 40,000 tons every other day.

otc, otcbb, pinksheet, GRGR, ob Green Energy Resources

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GRGR

GRGR transactions

Type Date	Target
Merger/Acquisition July 23, 2009	Dolberry Energy Resources Corporation

More Recent News About Green Energy Resources

More news for GRGR

Green Energy Resources Receives 1 Year $17 Million Woodchip Supply Contract for Turkey

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Green Energy Resources (GRGR) Contracts With China for 200,000 Tons of Woodchips Valued at over $20 Million

NEW YORK, NY--(Marketwire - 10/26/09) - Green Energy Resources (Pinksheets:GRGR - News) plans to supply China with approximately 200,000 tons of woodchips valued around $20 million. Green Energy Resources plans to use a US west coast port. The contract was originally signed by both parties in February of 2008. Rapidly escalating fuel, freight and container prices halted the order before operations could get underway last year in the peak of the fuel price run up that culminated in near $150 per barrel oil prices. The contract doubles the original quantity from 100,000 tons to 200,000 tons. Green Energy Resources looks to make the first shipment in November or December of this year. Shipping freight rates have been cheaper in the Pacific Basin as opposed to the Atlantic in 2009. Green Energy Resources is in the process of re-negotiating multiple contracts abrogated in 2008 due to fuel/ freight market conditions. INDIA; Green Energy Resources received a Letter of Intent from India earlier this month to supply upwards of 7 million tons of woodchips annually valued at approximately $576 million. Green Energy Resources continues to make progress in regard to locating available shipping freight options, Discussions remain ongoing;Ogdensberg, NY; Oct 7, 2009 Green Energy Resources had sought to utilize the upstate NY port for woodchip exports. Negotiations between Green Energy Resources and the Ogdensberg Port Authority were well chronicled throughout this past spring and summer and reported in the Ogdensberg Times loc...
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Green Energy Resources Receives India LOI For 7 Million Tons Of Woodchips Valued At $576 Million Per Year

NEW YORK, Oct. 7 /PRNewswire-FirstCall/ - Green Energy Resources (Pinksheets GRGR) has received a Letter of Intent from an Indian power company to supply 7.2 million tons of woodchips valued at over $576 million dollars over a 12 month period. The order poses daunting challenges for Green Energy Resources to grow and expand to meet the supply that would require approximately 15 shipments monthly or a shipment of about 40,000 tons every other day. The other major obstacle is to find and locate enough ships at a locked in rate to handle the capacity. Discussions with the buyer and the Government of India to provide financing are ongoing. India is planning to purchase upwards of 36 millions tons of woodchips annually from world wide sources as a part of their renewables obligations under Kyoto. The shift away from fossil fuel based energy coincides with actions in US and China to reduce greenhouse gas emissions. In the United States, the US Senate has presented its version of the CAP 'N' TRADE Bill passed by the US House of Representatives earlier this year. The bill was offered last week by California Senator Barbra Boxer and has more stringent emissions rules than the House version. The bill is expected to be voted on this fall. In the meantime, President Obama has signed Executive Orders directing the Federal EPA to implement and enforce emissions regulations as set out in the CAP 'N' Trade bill. The Executive Order paves the way for US coal burning power generators to begin a switch over to co-firing as has been done in Europe. Green Energy Resources in connection with the change in the US market is offering the first blended woodchips with coal to potential buyers. Green Energy Resources can custom blend the woodchips and coal to buyers specifications.Except for historical information contained herein, the statements in this release are forwar...
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Green Energy Resources offers biomass blended with coal

Cap N Trade market creates new opportunities for fossil fuel industry NEW YORK, Sept. 28 /PRNewswire-FirstCall/ - Green Energy Resources (Pinksheets GRGR) is now offering biomass blended with coal for power generators seeking to co-fire. Woodchips are a clean coal additive that reduce greenhouse gas emissions. The supply of the new product is available, via rail car or barge from western Kentucky and can be ordered to specification. Green Energy Resources has offered a blended product since 2005 (Eco-green coal) but the US market was not ready for large scale co-firing operations. Recent market conditions and incentives, including passage in the US House of Representatives of a 'Cap N Trade' legislation has begun to spur serious movement in the US toward carbon emission reductions. Over 51% of power generated in the US is derived from coal based power operators and represents the largest potential market for wood biomass in the world. Co-firing is the established methodology utilized in Europe to achieve carbon reductions.In other news, Green Energy Resources announced the creation of a new class of Preferred Shares earlier this year. The company authorized 50 million shares convertible to common stock. The shares have been held pending the recent merger talks and to avoid any conflicts, as the company can not, and does not solicit its shares. The company apologizes for any misunderstandings in that regard.504; Green Energy Resources conducted a 504 in 2009 to help raise capital. A 504 permits the company to raise up to $1 million annually. The 504 was filed with the SEC. Public companies at every level, large and small, have been raising revenues by selling stock or assets in the wake of last years economic disaster.India is commencing its plan to reduce green house gas emissions by implementing a renewable energy program. The gov...
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Green Energy Resources finally focuses on US Biomass market with aid from US govt.

Green Energy Resources Receives $3.6 Million US Domestic Order for Woodchips

Green Energy Resources, Inc. Signs $21 Million Supply Contract to Europe for Energy Woodchips

NEW YORK, Dec. 17, 2008 (GLOBE NEWSWIRE) -- Green Energy Resources, Inc. (Other OTC:GRGR.PK - News) has signed a European supply contract for $21 million. The order is effective immediately. Orders for the fourth quarter 2008, the 1st quarter 2009 and all of 2009 will meet or exceed the company's target objectives. Reduced international shipping freight rates, lower fuel costs and a relatively strong euro-dollar have set the stage for the unexpected year end surge in sales. The global recession has decreased shipping costs to the lowest rates in at least five (5) years. Many contracts that had been abrogated or suspended by the high freight markets in 2007 and 2008 have been reinstated and are being processed for shipping. The lower freight rates will allow Green Energy Resources to charter long term freight vessels to lock in current contracts to ship orders without future interruption. Invitation to visitGreen Energy Resources is inviting shareholders and potential strategic partners to visit the port site in New Jersey in January 2009. A visitor's day will be set for the 4th week of January to view operations and a ship loading. An official announcement will be upcoming. Green Energy has mobilized all of its combined regional supply network to help meet the 30,000 - 60,000 ton monthly export shipment demand from the New York area. Two additional ports are likely to be activated in the first quarter of 2009, including Baltimore and upstate New York, to meet an additional 60,000 ton per month demand to Europe. Additional s...
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Green Energy Resources Launches a New New York Biofuels Port and Renewable Energy Distribution Center

NEW YORK, Dec. 5, 2008 (GLOBE NEWSWIRE) -- Green Energy Resources (Other OTC:GRGR.PK - News) is expanding operations of its Linden, NJ port for the export of other types of biofuels including wood pellets, cubes and briquettes. The 100+ acre port area across from Staten Island could handle well over a million tons of woodchips and biomass for shipping internationally as well as domestically. The port will ship energy chips to Europe, and paper quality woodchips to Turkey and other international as well as domestic destinations. Green Energy Resources has just won a major woodchip supply contract with the City of New York and is currently looking for other contracts with other municipalities and suppliers in the region. The port can handle large ships as well as barges for transport. Green Energy Resources is currently soliciting 500,000 tons of woodchips from New York Metropolitan area suppliers including Long Island and PA to meet export demands in 2009. The site has enough room to construct a wood pellet plant and a small power generating facility with the right partnerships. The company is planning to accept clean recycled wood for a tipping fee to generate new revenues in 2009 as well.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....
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One Million Tons of Hurricane Ike Storm Wood Offered for Delivery Anywhere in the USA by Green Energy Resources

Green Energy Resources Wins NYC Woodchip Contract

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