October 08, 2009 11:00 ET

Green Star Energies Appoints Project Manager to Oversee Use of Funds

Jim Hale of the Stockholder Committee Has Taken the Role of Project Manager to Serve as Internal Controls for the Funding

VANCOUVER, WA--(Marketwire - October 8, 2009) - Green Star Energies, Inc. (PINKSHEETS: GSRE) is pleased to announce the appointment of Project Manager for the Company's development efforts. Jim Hale has been a long term stockholder for years and agreed to the position after the Stockholder Committee accepted his nomination for the position.

Mr. Hale is CEO and President of a privately held IT Consulting and Staffing firm located in Chicago. Mr. Hale has grown his company's revenues by over 500% in just three years. He brings several years of project management experience running projects in various industries from aviation, pharmaceutical, manufacturing and online learning just to name a few.

"As a Green Star Energies shareholder and a Committee member, I am devoted to bringing shareholder value to Green Star Energies, Inc. I share Brandon Toth's vision to focus on results oriented development and reporting with a keen focus on expanding the revenues of the Company, building the assets on the balance sheet while decreasing its liabilities," stated new Project Manager, Jim Hale.

Mr. Hale is a member of the PMI Organization of the Chicago Chapter and holds several certifications across multiple disciplines. He attended the University of Colorado at Boulder with a major in Finance. As Project Manager, Mr. Hale will be in charge of working with executive management on the strategies and step by step process of each objective and outcome.

Since Mr. Hale has been appointed to this position he has already established communications with the operator, the well partners and all of the landowners affiliated to the Eberle Lease. This involved a trip he recently made directly to Bastrop County to meet the operatives, review the process and confirm our next few steps. Through the Project Manager's research at the county court house, as it relates to the Eberle lease / well, there are no outstanding liens found against Green Star Energies, Inc. whatsoever. While there were records of a lien against the operator, the operator has confirmed to us that it is no longer an outstanding lien and will not affect any of our revenue production from the well. The Company is pending release of an official update once confirmed by the Project Manager announcing the completion of the final steps of this objective.

"With Mr. Hale's third party perspective, management believes that it will reduce risk exposure while providing stockholders with confidence that the funding will obtain the results they are seeking. This development has been very much endorsed by management and we are excited to be in a position to really capitalize our growth as a Company," stated Mr. Brandon Toth, CEO of Green Star Energies, Inc.

ABOUT GREEN STAR ENERGIES, INC.

Green Star is an energy company with interests in oil and gas development and production. Green Star follows an aggressive business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration of green projects and businesses such as biodiesel and wind power. Please visit our brand new website: http://www.GreenStarEnergies.com

Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Green Star Energies, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. Please read the full disclaimer here: http://www.GreenStarEnergies.com/disclaimer.

Contact Information

  • Contact:
    Green Star Energies, Inc.
    Brandon Toth
    President
    Contact: 1-360-977-6820
    Email: Email Contact