SOURCE: IO News Wire

IO News Wire

January 20, 2010 04:00 ET

(OTCBB: GELV) Receives BUY Rating and $.41 Price Target

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - January 20, 2010) - Green Energy Live, Inc. (OTCBB: GELV) has released a research report by Grass Roots Research and Distribution, Inc. with a "BUY" Recommendation and a long term price target of $.41.

Green Energy Live Inc. is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation's $154 billion livestock industry. The company plans to use its proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable livestock farmers and ranchers to convert their animal waste into clean, renewable energy.

As the US turns to more energy efficient and clean burning fuels, Green Energy Live will see increased attention.

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Other active stocks are Google Inc (NASDAQ: GOOG) SanDisk Corp (NASDAQ: SNDK) and Gilead Sciences Inc (NASDAQ: GILD)

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