Rochester, NY 8/24/2009 4:56:12 PM
GreenHunter Energy, Inc. GRH, GreenHunter Energy Inc. 630,000 Shares were traded
GreenHunter Energy, Inc. GRH
The companies Chairman, President and CEO of GreenHunter Energy Inc., Gary C Evans sell 630,000 shares of GRH on 08/19/2009 at an average price of $2.28 a share.
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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