Green Star Receives Largest Order for TVT 24-7 Products
April 24 2008 - 9:30AM
Business Wire
Green Star Products, Inc. (OTC:GSPI) announced today that it has
received an order for 15 container loads (40-foot ocean shipping
containers) of its advanced lubricant products. The order will be
shipped to Asia and is comprised of three different product items.
The order was received from NRG Resources, Inc., who is a joint
manufacturer with Green Star and has the exclusive worldwide
distribution rights for the TVT line of products. Green Star
receives 25% net profits on sales and owns 1,375,000 shares of NRG
stock (approximately 2% of NRG stock). Green Star Products, Inc.
(OTC:GSPI) is an environmentally friendly company dedicated to
creating innovative cost-effective products to improve the quality
of life and clean up the environment. Green Star Products and its
Consortium are involved in the production of green sustainable
goods including renewable resources like algae biodiesel and
clean-burning biofuels, cellulosic ethanol and other products, as
well as lubricants, additives and devices that reduce emissions and
improve fuel economy in vehicles, machinery and power plants. For
more information, see Green Star Products' Web site at
http://www.GreenStarUSA.com, or call Investor Relations at
619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com.
Information about trading prices and volume can be obtained at
several Internet sites, including http://www.pinksheets.com,
http://www.bloomberg.com and http://www.bigcharts.com under the
ticker symbol "GSPI". Forward-looking statements in the release are
made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned
that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance
of the company's products, increased levels of competition for the
company, new products and technological changes, the company's
dependence on third-party suppliers, and other risks detailed from
time to time in the company's periodic filings with the Securities
and Exchange Commission.
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