Global Clean Energy, Inc. to Aggregate Mid-Sized Waste-to-Energy Conversion
HOUSTON, TX -- (Marketwire) -- 01/31/13 -- Global Clean Energy, Inc.
(PINKSHEETS: GCEI) (the "Company"), an alternative fuels company
focusing on waste-to-energy conversion announced its alternative
fuels aggregation model for mid-sized waste-to-energy conversion
GCEI has developed a stringent investment, oversight model for the
alternative fuels industry which includes: Control of diversified
high-value feedstock, Off take agreements in place, EPC Wrap or
Performance guarantees for each business unit, commercialized
conversion technologies, equity investments from vested operating
partner, cash flow and IRR requirements with each being accretive to
GCEI's stated objectives.
GCEI is working closely with NY advisory and renewable energy
investment funds in order to establish a matching funds facility for
GCEI to roll out its thirty-six month program.
Earl Azimov, President of GCEI, stated, "It was encouraging to hear
the consensus that the waste to energy time is now in the US and an
operation/aggregation model/strategy like ours is the future."
GCEI built its fuels model based on the deal flow it was seeing in
the alternative energy sector from companies looking to pledge
marketable securities to complete their sites.
The Company has received a commitment of twenty million
($20,000,000.00) dollars of marketable securities from a target
company, to support the first tranche of its financial raise.
Global Clean Energy, Inc. is a waste-to-energy conversion solutions
company, focusing on using available and developing technologies to
convert waste into commercially viable energy, a process the company
refers to as Reforming Environmental Salvage into Clean Usable Energy
Statements in this release may be regarded, in certain instances, as
"forward-looking statements" pursuant to certain sections of the
Securities Act 1933 and the Securities Exchange Act 1934,
respectively. "Forward-looking statements" are based on expectations,
estimates and projections at the time the statements are made, and
involve risks and uncertainties, which could cause actual results or
events to differ materially from those currently anticipated,
including, but not limited to
delays, difficulties, changed
strategies, or unanticipated factors or circumstances affecting GCEI.
and its business. There can be no assurance that such forward-looking
statements will ever prove to be accurate and readers should not
place undue reliance on any such forward-looking statements contained
herein. GCEI will not republish revised forward-looking statements to
reflect events or circumstances after the date hereof to reflect the
occurrence of unanticipated events.
Global Clean Energy, Inc.
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