Green Energy Live (GELV.OB) Pursuing Acquisitions to Drive Growth for Sustainable Biomass-to-Energy Technology

Posted on 04. Dec, 2009 by PublicWire in Energy   

4 December 2009 (PublicWire) — Green Energy Live Inc. (OTCBB: GELV) is building a strong foundation for growth by pursuing acquisitions of profitable niche businesses with consistent revenue, established distribution channels, existing customers, industry expertise and experienced management. The company completed one acquisition in July 2009, has a second acquisition under consideration, and is targeting additional companies utilizing a proprietary prospecting system. Green Energy Live is a growing clean energy company engaged in developing sustainable biomass-to-energy conversion solutions for the U.S. livestock industry.

Green Energy Live leverages a proprietary prospecting system to identify and acquire companies with the ability to support technology development and augment corporate growth. The company targets businesses in the range of $5 million to $25 million in annual revenue with complementary technology or industry applications, strong and consistent revenue, profitable operations, existing sales channels and customers, and proven management teams contracted to stay on after acquisition. The company focuses on businesses that are profitable on their own but could benefit significantly from Green Energy Live’s access to financial markets, operational efficiencies and expanded market opportunities.

Green Energy Live’s first acquisition was completed in July 2009. Wholly owned Comanche Livestock Exchange is a profitable Texas-based provider of live animal auction and hauling services. Comanche provides stable, growing revenue and net income, an existing sales channel and strong management. The company has been serving the beef and dairy industry for 60 years and has an extensive network of potential customers and industry contacts for Green Energy Live.

Green Energy Live has signed a Letter of Intent for a second acquisition. Peck Electric, Inc. is a fully licensed electrical systems provider with substantial revenue, energy technology expertise and a 37-year operating history. The acquisition would provide Green Energy Live with a sustainable base of operating revenue as well as geographical diversification and access to an expanded customer base. Peck also has access to proprietary technology specifically applicable to bio waste conversion and electricity generation. Green Energy Live is auditing financials and negotiating terms and will focus on the acquisition in the first quarter of 2010.

Karen Clark, President/CEO of Green Energy Live, commented: “Our acquisition strategy is working to build significant, sustained growth for Green Energy Live and our shareholders. The acquisition of Comanche is proof-positive of our ability to identify and acquire businesses that support technology development and increase our ability to deliver solutions to market. We intend to continue adding revenue, industry expertise and distribution channels through additional acquisitions that create optimal synergy for our clean energy technology business.”

About Green Energy Live (OTCBB: GELV)

Green Energy Live Inc. is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation’s $154 billion livestock industry. The company is utilizing proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable America’s 1.2 million livestock farmers and ranchers to convert their animal waste into clean, renewable energy. Green Energy Live has acquired a profitable livestock services company to drive growth, revenue and value for shareholders.

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. GELV has tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “potential” and similar expressions. These statements reflect GELV’s current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause GELV’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. GELV undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.

Contact:
Investor Relations:
1-866-460-7336
Green Energy Live, Inc.
1740 44th Street, Suite 5-230
Wyoming, MI 49519-6443
www.greenenergylive.com

Modern Technology Corp (MODC.PK) Introduces C3 Funding Solution for CleanTech Entrepreneurs

Posted on 03. Dec, 2009 by PublicWire in Energy   

3 December 2009 (PublicWire) — Modern Technology Corporation (PINKSHEETS: MODC) announced today the establishment of its groundbreaking CleanTech Commercialization Catalyst (C3) Program design to further the commercialization of promising CleanTech technologies.

The C3 Program provides the knowledge, know-how and working capital to help turn ideas into successful ventures and successful products. Our management team and network of specialized business and technology professionals as well as our suppliers all have the necessary skills, experience and knowledge to successfully solve complex and challenging problems and to deliver successful solutions.

Commercializing CleanTech innovations is inherently a high-risk endeavor. The difficulty of attracting investors to support an imperfectly understood, as yet-to-be-developed innovation is especially daunting. The term, “Valley of Death,” has come to describe this challenging transition when a developing technology is deemed promising, but too new to validate its commercial potential and thereby attract the capital necessary for its development. Lacking the capital to develop an idea sufficiently to attract investors, many promising ideas and firms perish.

MODC’s C3 Program includes:

– Initial technical due diligence
– Initial market due diligence
– Strategy and business plan development
– Business model development
– Financial advisory
– Attract external investment
– Making introductions to investors
– Intellectual property protection
– Team profiling and building
– Business mentors
– Market research
– Market entry strategies
– Product development and engineering
– Assistance with scale-up for manufacture
– Sales and marketing
– Project management
– Licensing advice

In addition, qualifying companies/technologies may qualify for MODC’s Funding Catalyst Working Capital Program.

The Company will be accepting business proposals from interested parties online commencing upon the completion of its new website.

About Modern Technology Corp

MODC mission is to stimulate the development and success of early-stage companies who will provide the next generation of clean, renewable, and efficient energy technology. MODC, through its C3 Program, will help companies assemble solid management teams, secure adequate funding, and accelerate the commercialization of sound product ideas into the market. Through this mission, MODC will create jobs, new products to help society be more sustainable and a return to its shareholders.

Web: http://www.moderntechnologycorp.com.

Safe-Harbor

This press release contains statements (such as projections regarding future performance) that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company’s website and prior SEC and PinkSheets filings contain various disclosures and RISK FACTORS (incorporated herein by reference) and should be read before any investment decision.

CONTACT:
Modern Technology Corporation
Investor Relations
info@moderntechnologycorp.com
(954) 727-5468

Global Resource Corporation (GBRC.PK) to Be Granted Patent for Microwave-Process Technology

Posted on 02. Dec, 2009 by PublicWire in Energy   

2 December 2009 (PublicWire) — Global Resource Corporation (PINKSHEETS: GBRC), a development-stage company focused on energy-efficient microwave-based technologies for recycling tires, upgrading petroleum products and converting other materials to higher value hydrocarbon-based fuels or carbon materials, today announced that the U.S. Patent and Trademark Office will issue U.S. Patent No. 7,629,427 to Global Resource. This issue is for the technology that is the core of the Company’s first product, the Patriot 2(TM) Tire-to-Fuel Oil Recycling System, in addition to other potential future applications. The patent will be issued on December 8, 2009.

“We are pleased to be recognized by the U.S. Patent and Trademark Office for our pioneering work in this area,” says Mr. Ken Kinsella, CEO of Global Resource. “In granting us this patent, the patent office recognizes that our microwave technology is new and non-obvious in view of all known previous technologies. This patent reinforces Global Resource’s position as the technology leader in the waste to high-end commodity and energy sector. We are thrilled to be granted this U.S. patent as it will provide us with an absolute advantage in commercializing our technology.”

The patented technology uses high-frequency microwaves in the electromagnetic spectrum between 4 gigahertz and 18 gigahertz to convert tires and other carbon based materials, such as plastics, heavy oil, tanker sludge, shale oil, drill cuttings and other waste products to carbon black, other high value carbon products, fuel oil, and natural gas. A complete description of the patented technology is available through the website of the U.S. Patent and Trademark Office.

Mr. Kinsella concluded, “As the new CEO I am pleased with the hard work and dedication the Global Resource team performed in securing this patent. We are pleased by the breadth of protection provided by this patent and with our ongoing technology development activities directed towards converting multiple feedstocks into high value carbon products. The issuance of the patent is a major step in enhancing value for our loyal shareholders. We have filed for additional patents and intend to file continually for additional patents as we advance our technology and move the company forward.”

About Global Resource Corporation

Global Resource Corp. (PINKSHEETS: GBRC) is a developer of a patent microwave technology and machinery to extract oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is substantially emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see: www.globalresourcecorp.com.

Forward-Looking Statements

This news release contains forward-looking statements regarding Global Resource Corp.’s business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Global Resource disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource’s expectations or future events.

Contact:
Investors:
Thomas Walsh
Partner
Alliance Advisors, LLC
212.398.3486

Media:
Matt McLoughlin
Senior Account Executive
Gregory FCA
610.996.4264

Energy Quest’s (EQST.OB) M2 Fluid Bed Gasifier Can Replace Kiln and Steam Boiler Fossil Fuel Burning Systems

Posted on 01. Dec, 2009 by PublicWire in Energy   

1 December 2009 (PublicWire) — Energy Quest, Inc. (”EQI”) (OTCBB: EQST), an emerging leader in alternative energy and the development and production of hydrogen-enriched alternative fuels in an environmentally responsible manner is pleased to announce that its M2 Gasifier can be used to replace natural gas and fuel oil burners on large kilns and boilers.

Energy Quest M2 Fluid Bed Gasifier (FBG) process uses low cost biomass such as agricultural and wood wastes and most any carbonaceous material to make a producer gas which can be used to replace such fuels as natural gas, propane and fuel oil. Other applications are providing feedstock from renewable resources for power generation and alternative bio-fuels production. EQI’s FBG gasifier is scalable to most any size depending on the application.

Being able to replace fossil fuel could save users as much as 50% in their present process energy costs. Another benefit in using biomass, a renewable resource, will qualify the user for claiming green house gas (CO2) offset credits. More information on the M2 Gasifier is available on EQI’s web-site: http://www.nrgqst.com/gasifier.html

Biomass Gasification has the potential of becoming a very large industry in the next few years. “We, at Energy Quest, are pleased with having the opportunity to participate in the growing alternate bio fuels industry,” stated Wilf Ouellette, President and CEO of Energy Quest, Inc.

About Energy Quest

Energy Quest, Inc., a Nevada Corporation, is an emerging leader in the development, construction and marketing of low-cost alternate fuels worldwide. Through superior technology, the Company is focused on becoming a GreenPowerhouse(TM). Record energy prices, combined with the global focus moving rapidly towards addressing pollution, has heightened the need for sustainable, zero emission energy. Energy Quest’s technology is based on clean, renewable energy, positioning it to benefit from global trends. Web-site http://www.nrgqst.com/

Forward-Looking Statements

From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly. The Company’s filings may be accessed at the SEC’s Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

Contact:
Investor Relations
877-661-2112
or 888-619-2221
or 404-478-9845
e-mail: info@nrgqst.com

eHydrogen Solutions, Inc.’s (BIGD.PK) Hydrogen Fuel Technology Benefits From Federal Funding

Posted on 30. Nov, 2009 by PublicWire in Energy   

30 November 2009 (PublcWire) — eHydrogen Solutions, Inc. (PINKSHEETS: BIGD) is pleased to report the US Senate has given the green light to a $33.5 billion injection to fund energy and water programmes for the 2010 budget year. Many of the components will have a direct impact on the further development of eHydrogen Solutions’ Hydrogen Fuel Technology, such as a $220 million grant to improve output of alternate fuels and fuel additives.

In addition, $311 million will be pledged to help production of cleaner, more fuel-efficient engines, while $174 million will be spent on developing hydrogen and fuel cell technologies.

Last May, Energy Secretary Steven Chu claimed that the money would be better served elsewhere because hydrogen fuel strategies were not viable in the short term.

The company welcomes the revised stance on the issue by President Barack Obama’s administration. Congress’ restoration of hydrogen funding validates our belief that hydrogen has a bright future as an alternative energy source for our country.

About eHydrogen Solutions

Engineered Hydrogen Solutions (eHs) specializes in the development of on-demand hydrogen-generating technology designed to increase the efficiency of virtually any combustion process. The technology is based on a proprietary Hydrogen Injection system, in which hydrogen and oxygen are generated on-demand via electrolysis and then introduced into the combustion process. The ‘fuel’ for the technology is distilled water. Two key benefits of the eHS technology are significantly reduced fuel consumption and emissions.

eHs’ proprietary hydrogen energy technology is available today to qualified partners in a wide variety of vertical and/or geographic markets worldwide, through joint development/ adaptation, distribution and production agreements.

Safe-Harbor

This press release contains statements (such as projections regarding future performance) that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company’s website and prior SEC and Pink Sheets filings contain various disclosures and RISK FACTORS (incorporated herein by reference) and should be read before any investment decision.

The company maintains its web site at: www.eHydrogenSolutions.com.

Stock certificates:

The company is currently finalizing the change of ticker symbol and will advise stockholders upon completion. Holders of stock certificates or other aged securities issued when the company traded as Big Daddy BBQ Racing, Inc. can contact the company’s transfer agent for guidance.

The company transfer agent can be contacted at:
Pacific Stock Transfer Company
500 E. Warm Springs Road | Suite 240
Las Vegas Nevada 89119
Office: 702.361.3033 Fax: 702.433.1979
Web: www.pacificstocktransfer.com

Contact:
Investor Relations
Tel: +1 (775)-636-6077
info@eHydrogenSolutions.com