GSPI Green Star Products Inc (PK)

Green Star Products, Inc, (OTC: GSPI), its consortium partners and the alternative fuels industry have long waited for the U.S. Government to pass a meaningful energy program. The Department of Energy (DOE) announced on April 11 that it will issue a solicitation in June, offering $10 billion in loan guarantees for energy efficiency, and electric transmission projects. Selection criteria for the clean energy projects will focus on the avoidance of green house gas emissions and other air pollutants; the speed at which technologies can be commercialized; the cost-saving potential for consumers; the prospect of loan repayment; and the potential for long-lasting success of these technologies in the marketplace. GSPI and its consortium partners have an arena of existing programs that can benefit from this groundbreaking DOE guarantee legislation. GSPI's consortium programs include cellulosic ethanol, algae to biofuels, advanced biodiesel processes engineering and other waste to energy and greenhouse gas reduction technologies. For further information we urge everyone to read GSPI editorial type press release dated November 9, 2007. 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.