SOURCE: Green Star Products, Inc.

Green Star Products, Inc.

January 14, 2011 15:11 ET

Green Star Products, Inc.: Results of Special 2011 Shareholders Meeting

SALT LAKE CITY, UT--(Marketwire - January 14, 2011) - Today Green Star Products, Inc. (PINKSHEETS: GSPI) announced the voting results of the 2011 Special Shareholders Meeting held on January 2, 2011, in Salt Lake City, Utah. For information on the meeting see press release "Green Star Announces 2011 Special Shareholders Meeting" (http://www.GreenStarUSA.com/news/10-12-13.html).

There were three main voting propositions offered to Shareholders of Green Star Products as follows:

1) The three Board Members including Joseph LaStella, who has been President of the Company for over 18 years, were approved and voted into office.

2) The additional treasury shares propositioned were approved by GSPI Shareholders.

3) The reverse split proposition was also approved by GSPI Shareholders and will become effective on or before July 2, 2011. GSPI Shareholders voted to give the Board of Directors the power to set the effective date for the reverse split.

In conclusion, Joseph LaStella, President of Green Star Products, said, "It was a very productive meeting and GSPI Shareholders showed great support for the Company."

About Green Star Products
Green Star Products, Inc. (PINKSHEETS: GSPI) is an environmentally friendly public company dedicated to creating innovative, cost-effective products to improve the quality of life and clean up the environment. GSPI and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other green products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information visit http://www.GreenStarUSA.com, or call (800) 741-7648, (800) 340-9784, (619) 864-4010, fax (619) 789-4743, or email info@GreenStarUSA.com.

Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings.

Contact Information

  • CONTACT:
    Joseph LaStella
    President
    Green Star Products, Inc.
    800-741-7648 / 800-340-9784 / 619-864-4010
    619-789-4743 (fax)
    info@GreenStarUSA.com