12.2.2008: Meldung: Green Energy Resources Grows 12 Times in 2007 With Record Sales and Earnings

Green Energy Resources reported 2007 earnings with sales in excess of $7 million. Additional sales from the 4th qtr were deferred into the first qtr of 2008 to reduce tax liability. Sales and earnings were 12 times that of 2006. Financials were posted on Pink Sheets last week along with the Issuer Information Statement. Pink Sheets upgraded "GRGR" in keeping with the filings standards.

Green Energy Resources is changing its incorporation from New York to Nevada. The plan is to reduce corporate costs, taxes and expenses. The company looks to complete the change as soon as possible. No interruption, or impact is anticipated to shareholders.

In China news, Green Energy Resources is considering sourcing woodchips from the States of Oregon and Washington. Potential Operations are being examined from sawmills in those states. Exports to China are expected to commence in the 1st qtr.

Green Energy Resources remains debt free, has not raised any public capital and operates on self generated revenues.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company"s actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

Green Energy Resources
Joseph Murray

Source: Green Energy Resources
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