SAN ANTONIO, June 14, 2010 (GLOBE NEWSWIRE) -- Green Energy Resources (Pink Sheets:GRGR) has asked for and received the resignation of its Director and Secretary Jack Halperin. The company, effective immediately, will not issue any further forward looking press releases such as LOI's ( letters of Intent) or financial projections. The company apologizes to any shareholder, who in the past may have been confused as to Green Energy's actual financial condition as a result of such releases. The renewable energy industry remains in a constant state of transition subject to fuel costs, transportation costs, and legislative actions or inactions that to date, remain in a state of constant flux. Green Energy Resources' new physical address is 11207 Perrin Beitel, suite 202, San Antonio, TX 78217. Green Energy can still be contacted via phone through its New York office at 212 730 1496;
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, ship availability, fuel costs and other risks. The above news is not a solicitation. Green Energy Resources does not solicit any investor to buy or sell shares of the company in any state in the country. It is for informational purposes only, covered under blue sky provisions.
Green Energy Resources Accepts Resignation, Sets New Policy, Makes Apology
| Source: Green Energy Resources