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Green Energy Resources Sets Sights on Recycled (C & D) Wood and Woodchips in New York, Long Island, New Jersey and Pennsylvania Areas

Posted on: Wednesday, 25 February 2009, 07:12 CST

NEW YORK, Feb. 25 /PRNewswire-FirstCall/ -- Green Energy Resources (Pink Sheets: GRGR) plans to secure recycled wood and woodchips from urban and suburban sources to expand exports. Green Energy Resources is saturating New York areas businesses, townships and municipalities that have been paying upwards of $500 per truckload or more, to dispose of waste wood and offering to pay for the wood, turning expenses into profits. Green woodchips and recycled wood are flowing from the Hudson Valley, Long Island, Pennsylvania, New York City and New Jersey to this new renewable energy market in the metropolitan area. The wood must be clean, dry, free of resins, glues, paints and foreign objects for renewable energy application. The company makes suppliers sign a responsibility agreement of compliance that the woods are of certain quality, properly procured, not illegally harvested, with the sourcing readily identifiable, for chain of custody documentation and open to verification by the USDA Aphis agency. Green Energy Resources is offering upwards of $25 per ton for the delivered wood. Green Energy Resources is looking to obtain over 50,000 tons monthly of the urban wood waste streams to meet its demand.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

SOURCE Green Energy Resources

Source: PR Newswire

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