Global Clean Energy Holdings Regains Listing on Over-the-Counter Bulletin Board
LOS ANGELES--(BUSINESS WIRE)--
Global Clean Energy Holdings Inc. (OTCBB: GCEH) announced today that its common stock has been relisted on the Over-the-Counter Bulletin Board. The Company has been current on all of its financial filings with the Securities and Exchange Commission since last year and has just filed its 2007 10KSB. The stock will continue to trade under the ticker symbol GCEH.
"We believe being relisted on the Bulletin Board will expand the potential audience for our stock and increase confidence with new and existing investors as a result of the Company continuing to drive its business strategy ," said Richard Palmer, Global Clean Energy's President and Chief Executive Officer. "The Company continues to make excellent business progress and is on schedule for commercialization of oil and biomass derived from the seeds of Jatropha curcas. With energy prices near record levels, we believe that Jatropha will contribute to a solution for the world's energy needs."
About Global Clean Energy Holdings
Global Clean Energy Holdings, Inc. is an emerging renewable energy company focused on the production of feedstocks used for the production of biofuels. The company is completing the divestiture of its remaining legacy biopharmaceutical assets to direct all of its efforts on it core energy business. More information regarding Global Clean Energy Holdings, Inc. can be found at www.gceholdings.com
Caution Regarding Forward-Looking Statements
Any statements in this press release about Global Clean Energy Holdings expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the "Act"). These statements are often, but not always, made through the use of words or phrases such as "believe," "feel", "will," "expect," "anticipate," "estimate," "intend," "plan," "forecast," "could," and "would". Examples of such forward looking statements include statements regarding the timing, design, scope, and anticipated results of its efforts to plant, harvest, and commercialize feedstock oil from Jatropha curcas in Mexico. Global Clean Energy Holdings bases these forward-looking statements on current expectations about future events. They involve known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by any forward-looking statement. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or projections in the forward-looking statement include, but are not limited to, the risk that we might not be able to raise sufficient funds to develop the Jatropha plantations in Mexico, that we may face delays or other difficulties in acquiring and cultivating Jatropha farm lands in Mexico, that we may not be able to successfully commercialize Jatropha oil as expected, that the market for our Jatropha products will not grow as expected, and the risk that the Mexican Jatropha project will not achieve expectations because of the risks normally associated with creating a new business in a new market. For additional information about risks and uncertainties Global Clean Energy Holdings faces, see documents Global Clean Energy Holdings filed with the SEC, including report on Form 8-K filed September 17, 2007 concerning the acquisition of the alternative-energy feedstock assets from Global Clean Energy Holdings LLC and its filed Form 10-KSBs for the period ended December 31, 2006 and December 31, 2007. Global Clean Energy Holdings claims the protection of the safe harbor for forward-looking statements under the Act, and assumes no obligation and expressly disclaims any duty to update any forward-looking statement to reflect events or circumstances after the date of this news release or to reflect the occurrence of subsequent events.
Source: Global Clean Energy Holdings Inc.
Released April 1, 2008