SOURCE: Wall Street News Alert

Wall Street News Alert

September 29, 2009 08:48 ET

Wall Street News Alert: Breaking News: Green Star Alternative Energy -- September 29, 2009

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - September 29, 2009) - Wall Street News Alert's "stocks to watch" this morning are: Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), Apple Inc. (NASDAQ: AAPL), Citigroup Inc. (NYSE: C) and Microsoft (NASDAQ: MSFT).

To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.

*** This free service can be discontinued at any time by replying to any one of the alerts with the word "stop"

For more information, please visit www.WallStreetNewsAlert.com and you can also follow Wall Street News Alerts on Twitter at http://twitter.com/wsna

Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) has issued a press release announcing that the Company's Board of Directors have authorized a dividend of 3 common shares for every 4 common shares held by stockholders of record. Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy.

The press release states that this stock dividend is being done to provide a benefit to our existing shareholders, including those who have financed us through the company's ongoing development. As of the date of this release, GSAE has 16.25M publicly traded shares and a total of 26.25M shares outstanding.

Mike Andric, CEO of Green Star Alternative Energy, stated: "Green Star is well positioned for significant and continued growth; and the Board's decision is part of our ongoing effort to broaden ownership and enhance shareholder value."

Common stock holders are not required to take any action relating to the dividend. Shares outstanding on the record date will be automatically adjusted on the books of the Company's transfer agent, Interwest Transfer Company, Inc., to reflect the change in share structure. Share certificates will automatically be distributed by the Company. Stockholders who hold their shares in street name should have their accounts adjusted by their broker. Holders should not destroy any stock certificates and should not submit any certificates to the Company or the transfer agent.

Last week the company also announced that it is in negotiations with a private corporation for the development of a 120 MW wind energy facility. The project is in the advanced stages of pre-construction and in a high wind velocity zone. The 120 MW wind farm is to be sited in North East Serbia -- specifically in the Municipality of Pancevo, District of Banat, within the Autonomous Province of Vojvodina. Over 28 months of wind resource data has been accumulated over three micro locations and the results indicate significant energy potential. A "Protocol of Cooperation" has been signed by the City of Pancevo, Secretariat of Energy for AP Vojvodina, and the Serbian Energy Efficiency Agency; and a license for grid connection is in process by the national transmission operator (EMS).

Data analysis has been conducted using the Wind Atlas Analysis and Application Program (WAsP); it has provided optimal wind turbine positioning for 60 - 2 MW generators. The existing 110 kV overhead line runs adjacent to the site and allows for economical integration to the electrical grid; in addition, the transportation infrastructure further eases the construction process. According to the release, the 120 MW wind energy facility is expected to generate revenues in excess of $62 million per annum.

The stock closed yesterday at Ninety cents a share.

Apple Inc. (NASDAQ: AAPL) up 2% on 12 million shares traded. Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Citigroup Inc. (NYSE: C) up 4.3% on 315.3 million shares traded. Citigroup Inc. is one of the leading global financial services companies.

Microsoft (NASDAQ: MSFT) up 1% on 44.3 million shares traded. Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of often-overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 200 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com.

*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), WSCF has been compensated One Thousand Dollars, by a third party, ONYX Consulting Group LLC., who is non-affiliated and may hold a significant position in the stock. For previous 2009 services performed for Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), WSCF has been compensated Sixty Thousand shares, by a third party, ONYX Consulting Group LLC. WSCF has sold all of those shares as of this release. WSCF was also compensated for services rendered in 2008. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Contact Information