Los Angeles 11/13/2009 10:30:00 PM
News / Finance

Lucrative Acquisition for GELV

Green Energy Live on Track for Growth.

 

Del Mar, CA – Green Energy Live is on track for company growth as it is acquires lucrative companies with complementary industry focuses, existing clientele and ongoing revenue. Recently the company acquired Comanche Livestock Exchange, a profitable Texas-based operator of live animal auctions. Comanche provides GELV with a stable and sustainable base of operating revenue as well as a substantial customer contact base. GELV has also signed a letter of intent to acquire Peck Electric, a lucrative electrical systems provider.

 

Says Karen Clark, CEO/ President of GELV, "We have looked at numerous situations to potentially increase shareholder value and we feel the acquisition of Comanche Livestock Exchange provides the best prospect of fulfilling this goal. Comanche Livestock Exchange is a company with a long history of profitability and an equally long list of satisfied ranch operations who have done business with this company that we can, in turn, introduce our planned biomass to fuel energy systems. This acquisition represents the kind of synergy we are looking for in this market."


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StockSource.us (www.StockSource.us) Reports on Stocks to Watch:

Green Energy Live, Inc. (OTCBB: GELV), PowerShares Exchange-Traded Fund (NasdaqGM: QQQQ), DryShips Inc. (NasdaqGS: DRYS), Palm, Inc. (NasdaqGS: PALM), NovaGold Resources Inc. (AMEX: NG), Golden Star Resources Ltd. (AMEX: GSS), INTL BUSINESS MACH (NYSE: IBM), Citigroup Inc. (NYSE: C), GOLDMAN SACHS GRP (NYSE: GS)


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GREEN ENERGY LIVE, INC.
(OTC BB: GELV)
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Other Stocks to Watch:
PowerShares Exchange-Traded Fund

(NasdaqGM: QQQQ)

The investment is a unit investment trust designed to correspond generally to the performance, before fees and expenses, of the Nasdaq-100 index. The fund holds all the stocks in the Nasdaq-100 index, which consists of the largest non-financial securities listed on the Nasdaq Stock Market.

 

DryShips Inc.

(NasdaqGS: DRYS)

DryShips Inc. engages in the ownership and operation of drybulk carriers worldwide. Its fleet carries various drybulk commodities, including coal, iron ore, grains, bauxite, phosphate, fertilizers, and steel products.

 

Palm, Inc.

(NasdaqGS: PALM)

Palm, Inc. provides mobile products for individual users and business customers worldwide. The company offers integrated technologies that enable people to stay connected with their family,

 

NovaGold Resources Inc.

(AMEX: NG)

NovaGold Resources Inc., through its subsidiaries, engages in the exploration and development of mineral properties in Alaska and British Columbia. The company primarily explores for gold, silver, copper, zinc, and lead ores.

 

Golden Star Resources Ltd.

(AMEX: GSS)

Golden Star Resources Ltd., a gold mining and exploration company, through its subsidiaries, engages in the exploration and production of gold. It holds interests in various gold exploration projects in Ghana and elsewhere in West Africa.

 

INTL BUSINESS MACH

(NYSE: IBM)

International Business Machines Corporation (IBM) develops and manufactures information technology products and services worldwide.

 

Citigroup Inc.

(NYSE: C)

Citigroup Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services.

 

GOLDMAN SACHS GRP

(NYSE: GS)

The Goldman Sachs Group, Inc., together with its subsidiaries, provides various investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

 

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