|Date:||Fri, 17 Sep 2004 15:54:56 -0500|
New York Log and Lumber (OTC:NYIL) (now called Green Energy Resources, Inc.)
We rec-ommended it 30 days ago at .17 and it went to .50
Did you like SQCN??? FDEI??? You will L0VE NYIL on Monday.
Green Energy Resources, Inc. (OTC:NYIL) Current Price: $0.35 Shares Outstanding: 20 MILLI0N Market Capitalization: $6 MILLI0N
News Headline: Thursday, September 16, 2004
Green Energy Resources Launches Strategic Initiative with Coal Industry to Reduce Air Polluting Emissions, Develop Green Certificate Market and Revitalize US Coal Production. (Source: Green Energy Resources)
About The Company:
New York Log and Lumber now called Green Energy Resources, Inc. (OTC:NYIL) is an emerging "green energy" powerhouse in the making, with rapidly expanding operations n in the delivery and distribution of wood fiber biomass fuel for energy generation facilities in Europe and North America. The Company has already posted profitable operations, and with contracts already in place, is set to see an in-crease in revenues over the next three years! With a leading position in the wood fiber biomass energy supply industry, established export operations to European clients, and development of a US distribution network, NYIL is poised to see tremendous growth and emerge as a major "green energy" company.
As oil and natural gas prices reach all-time highs, and concerns over environmental pollution and greenhouse climate change reach new audiences, alternative energy production has become one of the hottest topics on the Street. While well-established green energy technologies including solar and wind have yet to produce significant energy gains, and highly touted new technologies such as hydrogen fuel cells are still years away from practical use, there is one often overlooked, highly profitable, and simple green energy technology which is already widely used.
This alternative energy technology is biomass- the conversion of organic materials into energy, and one of the oldest and most effective sources of energy in human history. Biomass fuel is abundant, secure, economical, and sustainable, and can be used to produce clean energy which does not contribute to pollution or greenhouse gasses, can be used to reduce landfill dependence, and provide an alternative to the open burning of forest wastes.
NYIL is one of the first US companies to target this tremendous and rapidly growing 0pportunity for clean, renewable energy production through biomass. NYIL is a leading US provider of "green energy" wood fiber biomass fuel for energy generation. The Company is the first US company to export biomass fuel to lucrative European markets, and is working to capitalize on recent energy policy changes in the US with development of a domestic delivery network to accommodate anticipated near-term demand.
With export sales of more than $3 MILLI0N for FY 2004, we anticipate dramatic revenue growth for NYIL this year as the Company expands its international operations with major new contract wins and begins to put the infrastructure in place for a first-of-its-kind domestic biomass supply network. NYIL is the only American company that meets the stringent UTCS environmental standards, is Kyoto compliant, and is working to reduce destruction of forests by utilizing waste wood.
A Few Reasons to Consider Owning NYIL:
NYIL provides wood fiber biomass fuel required for generation of clean, environmentally friendly energy, using waste and recycled materials for export to European energy plants, and is working to develop a domestic delivery infrastructure that will supply the growing US market demand for "green energy". The demand for green energy is rapidly expanding in the European Union, with projected consumption of 110 MILLI0N tons of wood fuel annually. At the same time, the US production of waste wood is at an all time high. NYIL provides a highly profitable, environmentally sound solution to both of these problems with its wood fuel export business.
Renewable energy is a $17 BILLI0N annual industry that is expected to reach $35 billion by 2003. Biomass, primarily from wood chips, is expected to account for about 20% of this generation capacity. Increasingly, national and state governments are turning to renewable energy as a solution for increasing pollution and the all-time high costs of fossil fuels, with a wide range of fuel credits, tax incentives, and green pricing programs implemented to encourage renewable energy development. NYIL has positioned itself as a clear leader in this renewable energy generation segment.
Recent legal filings and legislative rulings will provide a huge impetus towards the adoption of wood fiber co-generation and other clean energy technologies in the United States. In a recent federal lawsuit filed June 21, California, New York, and seen other states filed suit against more than 170 operators of high polluting coal-fired power plants, seeking a federal order to cap and cut CO2 emissions from US electricity suppliers. Recently, the EPA released its new "Clean Air" standards which mandate a 70% reduction in emissions from coal-fired plants- representing 51% of US electric generation capacity., and creating a tremendous 0pportunity for NYIL to benefit from the transition to cleaner electric production as coal-plants convert to co-generation. More than 20 states, including California, New Jersey, Texas, Illinois, and New York have or are considering implementing renewable portfolio standards requiring utilities to dramatically in-crease their generation capacity from renewable sources. These government initiatives and mandates will be the driving force behind the development of a tremendous North American market demand for the wood fuel delivery capacity which NYIL is already developing.
NYIL continues to improve its near-term revenue and earnings outlook, and is making significant progress towards tremendous growth. With sales of more than $3.0 MILLI0N and profitable operations for FY 2003, Green Energy Resources is poised to substantially improve its financial position for 2004 and beyond with dramatic expansion of its international operations with the establishment of new offices in the United Kingdom and Spain, development of a US distribution network, and the addition of new procurement and export contracts. Based on existing contracts for wood fiber fuel export and the sale of the contract on the Hyundai Explorer, NYIL is well positioned to exceed our 2004 revenue projections. With build out of a US distribution network, and rapidly developing markets for wood fiber fuel domestically and abroad, NYIL is well situated to see continued growth over the next 3-4 years.
DIS-CLAIMER: Information within this ema-il contains F0RWARD looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be F0RWARD looking statements. F0RWARD looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. F0RWARD looking statements in this action may be identified through the use of words such as projects , foresee, expects, will, anticipates, estimates, believes, understands or that by statements indicating certain actions may, could, or might occur. As with many microcap stocks, today's company has additional risk factors worth noting. Those factors can include an accumulated deficit since its inception, a negative net worth, reliance on loans from officers, directors and a majority shareholder to pay expenses, nominal cash and the need to raise capital.The company has a going concern opinion from its auditor. The creators of the letter above are not a registered broker/dealer and may not sell, 0FFER to sell or 0FFER to b.uy any security. This profile is not a solicitation or REC0MMENDATION to b.uy, sell securities. An 0FFER to b.uy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and based on assumptions rather than fact. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of the creators and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and the writers research and optimistic speculation. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. All involved in the creation and distribution of this profile/release disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical and factual inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. All persons involved in the creation and distribution of the information in this letter is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in this security mentioned. This profile is not without bias, and is a paid release. Writers and mailers have been compensated for the dissemination of company information on behalf of one or more of the companies mentioned in this release. Parties involved in the creation and distribution of this profile have been compensated 20,000 dollars by a third party (third party), who is non-affiliated, for services provided including dissemination of company information in this release. PR and other individuals and other creators and mailers of this letter will sell all of its original shares during the distribution of this profile. Parties involved may immediately sell some or any shares in a profiled company held by profile creators and may have previously sold shares in a profiled company held by PR Individuals involved. Our 0ptin mailing services for a company may cause the company's stock price to in-crease, in which event involved parties would make a pr0fit when it sells its stock in the company. In addition, our selling of a company's stock may have a negative effect on the market price of the stock.
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