SOURCE: IO News Wire

IO News WIre

January 14, 2010 04:00 ET

(OTCBB: GELV) Waste-to-Energy Backed by USDA

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

NEW YORK, NY--(Marketwire - January 14, 2010) - Green Energy Live Inc. (OTCBB: GELV) announced yesterday that their mission to make all farmers and ranchers in the U.S. energy independent by converting animal waste to energy has gained national attention with the U.S. Department of Agricultures September 2009 report to Congress titled "Amber Waves."

As U.S. farms and livestock operations increase in size and consolidate, the over abundance of manure poses health and environmental risks. By utilizing Green Energy Live's proprietary gasification system, biowaste can be converted to energy, essentially eliminating the need to purchase electricity and in some cases create income by selling excess power back to utility companies.

Other companies involved in gasification technology include Duke Energy, ConocoPhillips and The Dow Chemical Company.

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Other active stocks are Baidu Inc. (NASDAQ: BIDU), American Capital Ltd. (NASDAQ: ACAS) and Amtech Systems Inc. (NASDAQ: ASYS).

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