SOURCE: World Health Energy Holdings, Inc.

November 30, 2010 10:40 ET

World Health Energy Holdings, Inc. Completes Financial Filings and Now Fully Compliant

Company to Seek Reinstatement to NASDAQ Bulletin Board

NEW YORK, NY--(Marketwire - November 30, 2010) - World Health Energy Holdings, Inc. (PINKSHEETS: WHEN), a public holding company operating in the alternative energy sector, is now in full compliance with all financial reports required under the Securities Exchange Act of 1934, including the satisfactory completion of the financial audits for fiscal years 2007 through 2009. World Health Energy Holdings' fiscal year ends December 31. All filings are available on the SEC Website or can be accessed at

http://www.otcmarkets.com/stock/WHEN/financials or

http://yahoo.brand.edgar-online.com/default.aspx?cik=943535 

Coincident with World Health Energy Holdings meeting the regulatory filing requirements, the company is seeking to return to its previous NASDAQ Bulletin Board trading status, in the best interests of all shareholders.

These two events mark significant milestones for the company. Earlier press releases announced World Health Energy Holdings' intention to acquire a majority interest in GNE-India to re-launch the company in the alternative energy market and the conversion of $2.4 million of current and long term debt into equity. The conversion of debt into equity and bringing the company into compliance with SEC reporting were two preconditions for closing.

World Health Energy Holdings, as a fully-compliant, transparent public entity, will continue to keep its shareholders and the public apprised on the progress of the joint venture to install a 250 acre commercial farm on the premises located in the Ramanagara District of Karnataka, India. The development of the algae farm is for the production of fish feed and algal oil. 

World Health Energy Holdings, Inc. recently acquired GNE-India, an algae technology company with the distribution and licensing rights to a unique and innovative system to grow algae quickly and efficiently for energy and food protein. The GNE Commercial Algae tech systems can supply oil for diesel and protein for food at a cost competitive with world commodity prices. GNE-India owns and retains the territorial rights for distribution and sales of the proprietary technology to both India and Sri Lanka.

World Health Energy Holdings, Inc. has formulated a business plan focused on biofuels produced from algae, which boasts substantially higher yields in comparison to ethanol derived from corn, rapeseed, jatropha and palm oil. The company also works with visionary enterprises in the multi-billion dollar renewable energy arena producing progressive, broad-based solutions for better physical, nutritional and environmental health worldwide. In addition, the company is pursuing an ancillary use of algae -- the efficient production of high protein fish feed for commercial fish farms. 

Shareholders and interested investors who would like to be added to World Health Energy Holdings' corporate e-mail list are encouraged to send an e-mail to info@worldhealthenergy.com for all future corporate press releases and industry updates.

About World Health Energy Holdings, Inc. http://www.worldhealthenergy.com 

World Health Energy Holdings, Inc. is an emerging renewable energy and biofuel company. The company will produce, sub-license and market high-quality, low cost B100 Biodiesel to replace traditional fossil fuels with proprietary algae biofuel systems.

About GNE-India, Inc. http://www.globalworldenergy.org 

GNE Global Natural Energy Ltd. is an algae tech company with unique systems to grow algae commercially for energy and food. The Company was founded by top experts in the plant and algae field after several years of Research and Development to create affordable and viable algae biofuel systems.

"Safe Harbor Statement" Under The Private Securities Litigation Reform Act Of 1995 This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause World Health Energy Holdings, Inc.'s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

Contact Information