SOURCE: IO News Wire

IO News Wire

January 19, 2010 12:56 ET

(OTCBB: GELV) Looking to Expand in a $200 Billion Industry

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

NEW YORK, NY--(Marketwire - January 19, 2010) - Green Energy Live, Inc. (OTCBB: GELV), a clean energy company who develops biomass-to-energy conversion solutions for US farmers and ranchers, announced they are in the market to further expand their business organically as well as through acquisition.

On January 8th, the US Government announced that they will be allocating $2.3 billion to building up our clean energy sector. This news, along with other recent announcements of money being infused to further stimulate the clean, green energy sector, should propel Green Energy Live's revenue. Estimates are that the United States could spend upwards of $70 billion in 2010 on the green energy market.

Biogas has experienced growth rates of as much as 30% a year, bringing in over $100 billion in investments in 2006 alone. Market potential thus far shows biogas can be the equivalent of 250 million barrels of oil annually.

For more information on Green Energy Live, visit

Other active stocks are LTX-Credence Corp (NASDAQ: LTXC), ev3 Inc (NASDAQ: EVVV) and Amediasys Inc (NASDAQ: AMED)

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