SOURCE: IO News Wire

IO News Wire

February 05, 2010 04:00 ET

(OTCBB: GELV) Paving the Way to a Green Future

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

NEW YORK, NY--(Marketwire - February 5, 2010) - Green Energy Live (OTCBB: GELV) announced yesterday that they have moved their corporate headquarters into an office suite in Michigan, effectively merging all aspects of the corporation under one roof. The move is a significant step to organizing a rapidly expanding business.

The Environmental Protection Agency (EPA) recently finalized the long-term renewable fuels mandate that originated in 2007. The mandate is for 36 billion gallons of renewable fuel annually by 2022. When the 36 billion gallons of renewable fuel criteria is met, over 328 million barrels of oil a year will be saved, the equivalent of 27 million cars off of US roads.

Green Energy Live, with its proprietary biomass-to-energy conversion solutions aimed at the $154 billion farming industry will benefit greatly from all clean fuel legislation. Green Energy Live's gasification technology gives the user almost complete energy independence, and in some cases, the ability to generate income from selling back excess energy production to the local power companies.

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Other active stocks are Affymetrix Inc (NASDAQ: AFFX) Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) Abercrombie & Fitch (NYSE: ANF)

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