GreenGold Ray Energies Raised Capital: Biodiesel Oil Refinery Plant Acquisition & USA Expansion Imminent

CAGAYAN DE ORO, PHILIPPINES--(Marketwire - 10/13/09) - GreenGold Ray Energies, Inc. (Pinksheets:GRYE - News) announces today that the Company starts to receive funds needed to capitalize the final acquisition of its biodiesel oil refinery plant and USA expansion. An increase of ongoing public and investor awareness programs consisting of Research Reports and a forthcoming CEO visit to the US are also included. GreenGold expected to receive over One Million US Dollars in tranches starting this week. The majority of these funds are being re-invested back into the Company to support the ongoing working operations, the capital equipment acquisition of a biodiesel oil refinery plant and the company's growth with the completion of its expansion to Texas, USA.Furthermore, on October 10, 2009, during a Special Board of Directors Meeting, the Board with the approval of the majority shareholder(s), passed a resolution to increase the total number of Authorized Shares to One Hundred Million (100,000,000) Common Shares. GreenGold is almost complete with its Audited 2007, 2008 and the 1st and 2nd Quarters of 2009 Financial Statements, certified according to USA GAAP. The audited financial statements will enable GreenGold to become a fully reporting company again, to be re-registered to a higher stock exchange.About GreenGold Ray Energies, Inc.GreenGold Ray Energies, Inc. (Pinksheets:...
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GreenGold Ray Energies Issues FY 2013 Annual Oil Production Forecast of About US$1 Billion Biodiesel Jatropha Oil by 2013

CAGAYAN DE ORO, PHILIPPINES--(Marketwire - 09/30/09) - GreenGold Ray Energies, Inc. (Pinksheets:GRYE - News) very lucrative promise of green gold from Jatropha curcas is almost at hand as the company issues the FY 2013 Annual Oil Production Forecast of about $1.0 Billion Biodiesel Jatropha Oil. Over the past one and a half years, the company that started from an initial investment of less than $1.0 Million Dollar got under way in the development of its small scale Demo-Jatropha Germination & Cultivation Center on its 1/4 acre property to the development of over 3 hectares of Jatropha Demo-Farm Plantation in Butuan City, Mindanao.GreenGold's initial feedstock of jatropha seeds from the first 300 hectares will be ready for harvesting once the purchase of a crude oil and refinery plant is completed then set for operations. By 2010 about 3,000 hectares, plus another 10,000 hectares will be added for future feedstocks harvesting, giving an increase of about 100,000+ hectares by 2013. GreenGold and its Jatropha Alliance Growers in Mindanao expected an annual oil production of about US$1 billion biodiesel jatropha oil. A Feasibility Study made indicated that every 5,000 hectares of jatropha plants can produce an estimated annual oil production of about $11.0 Million multiplied by a factor of 100 when the remaining 100,000 hectares of jatropha plants grow to maturity.GreenGold continues to astonish the local government, how the R & D of GreenGold's Agrarian Team had developed jatropha rich producing oil. The company's main f...
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GreenGold Ray Energies (Symbol: GRYE) to Process Soybeans -- Another Alternative Biofuel

CAGAYAN DE ORO, PHILIPPINES--(Marketwire - 09/15/09) - GreenGold Ray Energies, Inc. (Pinksheets:GRYE - News) announces today that it had added the cultivation of soybeans as another source of biodiesel oil besides jatrophas. Last month, GRYE Board unanimously approved the cultivation and germination of soybean as another source for biodiesel oil; had added the cultivation of this Genetically Modified (GM) Soybean that can supply 5 thousand kilos per hectare. GreenGold is absolutely committed to the cultivation of these other sustainable alternative biodiesel by intercropping with its current Jatropha Demo Farms plantations. Biodiesel made from this vegetable oil is also a sustainable and cleaner alternative fuel that has strong global environmental benefits. Biodiesel is among the most powerful bio fuel helping fight carbon emission, chipping away the largest contributor of greenhouse gas emissions-fossil fuels and has a 78% life cycle carbon reduction according to the U.S. Departments of Agriculture and Energy and the National Biodiesel Board.World soybean production has increased by over 500% in the last 40 years, will continue to grow on strong demand for animal feed, especially in China where the rapidly increasing standard of living allows the average consumer to eat more meat than ever before. Significant demand growth for biodiesel like soybeans will continue to be one of the primary feedstock.Soy Facts: "Soya" or "Soy" in the U. S. is a legume, Glycine max (L.) Merrill, has been grown for three millennia in A...
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GreenGold Ray Energies (Symbol: GRYE) Capitalizes on Huge Market for Biodiesel in 2010

CAGAYAN DE ORO, PHILIPPINES--(Marketwire - 07/30/09) - GreenGold Ray Energies, Inc. (Pinksheets:GRYE - News) announces evidence for a huge market for biodiesel in 2010, while GRYE continues to capitalize on this golden opportunity. � Morgan Stanley's Projected World Demand for Biodiesel, 2010 (In Million MT) Region Demand ------------------------ ------------ European Union 10.2 ------------------------ ------------ North America 3.7 ------------------------ ------------ Asia 3.5 ------------------------ ------------ Latin America 0.3 ------------------------ ------------ TOTAL 17.7 ------------------------ ------------ Biodiesel Demand World Production of Biodiesel, 2005 (In Million MT) Country Production ------------------------ ------------ European Union ------------------------ ------------ Germany 1.70 ------------------------ ------------ France 0.51 ------------------------ ------------ Italy 0.40 ------------------------ ------------ Poland 0.10 ------------------------ ------------ Czech Republic 0.13 ------------------------ ------------ Slovakia 0.06 ------------------------ ------------ Others 0.30 ------------------------ ------------ USA 0.30 ------------...
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GreenGold Ray Energies Projects Profitability -- Pure Jatropha Oil Biodiesel = $178,830,017.51; Submits Five (5) Year Profit & Loss Statement

CAGAYAN DE ORO, PHILIPPINES--(Marketwire - 07/16/09) - GreenGold Ray Energies, Inc. (Pinksheets:GRYE - News) announces the projected increasing profitability of pure Biodiesel Jatropha Oil from the jatropha feedstock. The link below is the 5-year P & L Statement, a summary of the 5 years' projection, utilizing the 100% use of the jatropha plants as biodiesel oil, as press cake and as residual use, like fertilizer. Studies also showed that there is an even larger market not only for pure refined biodiesel oil, but also seedcakes, biomass and more. GreenGold is witnessing the increased profit, market size, new streams of revenue, and greater returns on shareholders' investment with the GRYE. https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=22374The 5-year Profit & Loss Statements on pure Biodiesel Jatropha Oil from the 1,000 hectares of jatropha plantations, starting in 2010 until 2014, projected profits during the first full year of pure oil refining operation. The P & L showed an almost more than doubled increase of profits in the 2nd year thereafter: Each year Net Profits of $4,131,475.13 (1st year); $21,069,600.05 (2nd year); $38,198,072.05 (3th year); $115,024,823.23 (4th year); and $178,830,017.51 (5th year). This report showed a very conservative estimate of a...
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GreenGold Ray Energies (Symbol: GRYE) Forecasts Net Income Profits of About $11,765,865.00 USD per Year on 5,000 Hectares

CAGAYAN DE ORO, PHILIPPINES--(Marketwire - 07/09/09) - GreenGold Ray Energies, Inc. (Pinksheets:GRYE - News) is forecasting a net profit income of about $11,765,865.00 USD per year from the company's current 5,000 hectares of jatropha plantations in Mindanao Island. The figure accounted for and includes the total gross incomes from the sale of pure Biodiesel Oil B100 of about $9,839,884.00 USD; the sale of Jatropha Crude Oil of about $7,925,163.00 USD; income from the by-products such as Jatropha Press Cake of about $144,000.00 USD; and the sale of Jatropha Residual (Glycerin) of about $1,152,000.00 USD. The earnings are estimated to flow in by the end of 2009 or early Spring 2010. Currently, GreenGold is fast tracking the final acquisition with the construction of the Crude Oil Extractor & Processing Plant, taking advantage of the increasing demand to produce more of the jatropha crude oil first. The estimated completion of the crude oil processing plant is within 45 to 60 days. GreenGold Ray is looking forward to this very lucrative booming alternative and renewable green energy industry, thus enhancing the company's profitability!� Forecast Jatropha Plantation 1,000 Hectares No. of Plant per Hectare 2,500.00/ Hectare Total Seedlings for 1,000 Hectares 2,500,000 +5% (2,750,000 Seedlings) Quarterly Seed Production per Hectare 3 Tons per Hectare Total Yearly Seed Production, 1,000 Hectares 12,000 Tons Weight of Seed per Liter of ...
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GreenGold Ray Energies (Symbol: GRYE) Aims to More Than Double Its Future Jatropha Crude Oil Output by 2011~ the Next Generation Oil Feedstock

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GreenGold Energies (Symbol: GRYE) Moves Business Headquarters Closer to Its Jatropha Oil Refinery Site

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