Rochester,NY 8/25/2009 12:08:20 AM
GreenHunter Energy, Inc. GRH, Chairman, President and CEO Gary C Evans sells 630,000 Shares
GreenHunter Energy, Inc.
Chairman, President and CEO of GreenHunter Energy Inc (GRH) Gary C Evans sells 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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