Rochester,NY 8/22/2009 11:53:35 PM
News / Business

GreenHunter Energy Inc GRH, GreenHunter Energy Inc CEO Gary C Evans sells 630,000 Shares

GREENHUNTER ENERGY Inc. was formed to assemble and manage a portfolio of renewable energy assets and clean fuels assets. Several factors have converged to improve the outlook for the renewable energy market--the adoption of renewable portfolio standards.

The environmental challenges posed by the continued use of non-renewable resources; the impact of weather on limited US supply and production facilities and the corresponding rising fuel prices along with the desire for energy independence. Greenhunter Energy Inc has a market cap of $42.7 million; its shares were traded at around $2.03 with and P/S ratio of 8.5.

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