Green Star Announces Algae Breakthrough
May 23 2008 - 4:00AM
Business Wire
Green Star Products, Inc. (OTC:GSPI) announced that a major
breakthrough has been achieved which substantially increases the
algae growth rate of certain strains of microalgae. Algae
scientists have long searched for a micronutrient formula to
increase the growth rate of algae biomass. Now, Biotech Research,
Inc., a consortium partner of Green Star, has confirmed a daily
growth rate increase of 34% using the "Montana Micronutrient
Booster (MMB)" formula. This growth rate booster can increase the
total biomass quantity in a harvest algae growth cycle by well over
100%. The tests where conducted at Biotech Research's lab facility
at the UABC University in Ensenada, Mexico (see press release dated
Nov. 20, 2007). Joseph LaStella, president of Green Star Products,
stated, "This breakthrough formula is too important to the algae
processing industry for any single company to hold for their
personal use. Microalgae production holds real answers to the many
serious problems facing the world today, including global fuel
shortages, global warming and food supply shortages." It is the
intention of Green Star to make this product available throughout
the world. The UABC testing has shown that 1:10,000 nutrient
dilution rates were very productive (i.e. one gallon of MMB mixed
with 10,000 gallons of water). Even at 1:20,000 dilution levels,
the MMB was still effective. Green Star will make available 12-oz
sample bottles to all universities, research institutes and
commercial facilities for testing on their specific strains of
algae. Mr. LaStella further stated, "We do not know if this formula
will work on all species of algae and Green Star intends to create
a database that will be published on our website based on feedback
from all entities participating in the sampling program. All
participants will be asked to submit their results to Green Star
and summaries will be published to the entire industry." Mr.
LaStella also stated, "If the algae industry works together we will
all benefit by identifying which strains of algae can be improved
collectively. Hopefully, the entire industry can be accelerated
into near term production." Those universities and research
facilities that have previously contacted Green Star will receive
the samples at no cost. All others who wish to receive the 12-oz
sample formula, which can treat 3,500 liters of algae culture, will
be required to pay $50 to cover ingredients, bottling, packaging,
and shipping. Please send an email to Green Star at
info@GreenStarUSA.com to register. A picture of the Biotech
Research test is posted on our website. It identifies three sets of
twin algae photobioreactors (each containing 80-liters) that
contain three different concentrations of the MMB formula. The
picture also includes two control photobioreactors. This picture
indicates greater algae growth based on green color differential.
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' website 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. Green Star Products, Inc. (OTC:GSPI)
announced that a major breakthrough has been achieved which
substantially increases the algae growth rate of certain strains of
microalgae. Algae scientists have long searched for a micronutrient
formula to increase the growth rate of algae biomass. Now, Biotech
Research, Inc., a consortium partner of Green Star, has confirmed a
daily growth rate increase of 34% using the �Montana Micronutrient
Booster (MMB)� formula. This growth rate booster can increase the
total biomass quantity in a harvest algae growth cycle by well over
100%. The tests where conducted at Biotech Research�s lab facility
at the UABC University in Ensenada, Mexico (see press release dated
Nov. 20, 2007). Joseph LaStella, president of Green Star Products,
stated, �This breakthrough formula is too important to the algae
processing industry for any single company to hold for their
personal use. Microalgae production holds real answers to the many
serious problems facing the world today, including global fuel
shortages, global warming and food supply shortages.� It is the
intention of Green Star to make this product available throughout
the world. The UABC testing has shown that 1:10,000 nutrient
dilution rates were very productive (i.e. one gallon of MMB mixed
with 10,000 gallons of water). Even at 1:20,000 dilution levels,
the MMB was still effective. Green Star will make available 12-oz
sample bottles to all universities, research institutes and
commercial facilities for testing on their specific strains of
algae. Mr. LaStella further stated, �We do not know if this formula
will work on all species of algae and Green Star intends to create
a database that will be published on our website based on feedback
from all entities participating in the sampling program. All
participants will be asked to submit their results to Green Star
and summaries will be published to the entire industry.� Mr.
LaStella also stated, �If the algae industry works together we will
all benefit by identifying which strains of algae can be improved
collectively. Hopefully, the entire industry can be accelerated
into near term production.� Those universities and research
facilities that have previously contacted Green Star will receive
the samples at no cost. All others who wish to receive the 12-oz
sample formula, which can treat 3,500 liters of algae culture, will
be required to pay $50 to cover ingredients, bottling, packaging,
and shipping. Please send an email to Green Star at
info@GreenStarUSA.com to register. A picture of the Biotech
Research test is posted on our website. It identifies three sets of
twin algae photobioreactors (each containing 80-liters) that
contain three different concentrations of the MMB formula. The
picture also includes two control photobioreactors. This picture
indicates greater algae growth based on green color differential.
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' website 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.
Green Star Products (PK) (USOTC:GSPI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Green Star Products (PK) (USOTC:GSPI)
Historical Stock Chart
From Jul 2023 to Jul 2024