Posted: Nov 7, 2012 2:33 PM
Updated: Nov 7, 2012 2:33 PM
HOUSTON, TX -- (Marketwire) 11/07/12 -- Global Clean Energy, Inc. (PINKSHEETS: GCEI) is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.).
Its mission statement, since inception, has been based on President Obama's address to the United States Congress on February 24th, 2009.
"It begins with energy, clean renewable energy will lead the 21st century. But to truly transform our economy, protect our security and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy to develop technologies like advanced biofuels and more."
Global Clean Energy, Inc. has developed applications to increase feedstock development, hybrid gasification systems and vortex pumping equipment. All this creates jobs, and research and development projects in conjunction with Universities and government agencies.
The US government has created, to aid companies like GCEI: The Rural Development Loan Guarantee Program, The Rural Energy for America Program (REAP), The Biomass Crop Assistance Program, and The Biomass Research and Development Institute. It is our objective to utilize these and other government programs available within the Federal system and to enter into public private partnerships, with local and state governments.
Finally, Global Clean is supporting efforts to have Congress allow the establishment of Renewable Energy Investment Trusts ("REIT"s) which will expand the ability of renewable energy companies to raise capital on a project by project basis.
Global Clean Energy is well positioned to take advantage of what the future holds in providing the energy needs of our nation on a profitable basis and to work with the Obama administration toward energy independence.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting GCEI and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. GCEI will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
Global Clean Energy, Inc. Investor Relations 713-852-7474