SOURCE: Green Energy Live

Green Energy Live

October 15, 2009 13:13 ET

Green Energy Live Files 8-K; On-Track With Strategic Plan

GRAND RAPIDS, MI--(Marketwire - October 15, 2009) - Green Energy Live (OTCBB: GELV) today announced that it remains on-track with its strategic plans to grow the company. In an 8-K filed on October 13, 2009, the company detailed the financial results for the six-month period ended June 30, of its recent acquisition of Comanche Livestock Exchange per the terms of the agreement as stated in the 8-K. Revenues during the period were $389,466, while consolidated total assets exceeded $1.1 million.

Karen Clark, CEO of Green Energy, commented, "Significant progress has been achieved to date, namely the acquisition of Comanche. We remain focused on our acquisitions and intellectual property development goals and look forward to building out our business model."

About Green Energy Live

Green Energy Live is a fully reporting, publicly-listed engineering and technology company headquartered in Wyoming, Michigan (adjacent to Grand Rapids). The company is focused on developing and commercializing renewable energy gasification systems that convert biomass wastes, currently being dumped in land-fills, into fuel and other valuable co-products. What is unique about the company is that its technology can rapidly and economically be deployed to the waste site rather than vice versa. Thus, a customer's specific needs are addressed through a complete equipment package with the smallest ecological footprint.

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. GELV has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect GELV's current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause GELV's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. GELV undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.

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