SOURCE: IO News Wire

IO News Wire

November 12, 2009 07:00 ET

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

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

NEW YORK, NY--(Marketwire - November 12, 2009) - 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 is a revolutionary bio-conversion technology engineering company for fuel farming and waste management. Green Energy Live is committed to technologies that create sustainable, socially beneficial and environmentally responsible agricultural resource management to help better the world's farmers and rural communities.

It has been published that that biomass can be converted into ethanol in commercial quantities for the equivalent of $25 a barrel for crude oil. With high transportation cost of crude to rural farmers, it is economically sound to produce fuel closer to the areas of need with resources found locally.

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Other active stocks are Semiconductor Manufacturing International (NYSE: SMI) PowerShares QQQ (NASDAQ: QQQQ) Cheyenne Resources Corp (OTCBB: CYRS).

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