Golden Spirit Changes Name to Terralene Fuels Corporation
12 Septiembre 2011 - 3:15PM
Golden Spirit Enterprises Ltd. (OTCBB:GSPT) reports that it is
changing its name to
Terralene Fuels Corporation
to better reflect the business direction of the Company. The name
change shall be effective at the opening of business September 21,
2011 unless The Financial Industry Regulatory Authority (FINRA),
the governing body conducting a review of this amendment, elects to
specify an alternate effective date.
Golden Spirit owns Terralene Fuels, an alternative fuel that is
a patented fuel formulation that can replace gasoline as a stand
alone fuel or fuel additive. Terralene's fuel composition is 55%
petroleum based and 45% from renewable energy sources.
According to a recent article in Reuters, although the outlook
for renewable energy is not gaining momentum as it was, it is not
entirely bleak either because countries like Germany, Japan and the
U.S. have passed laws to require a certain percentage of its energy
to come from renewable resources in the future.
Terralene Fuels is an alternative fuel that is well suited
during this transitional period from being strictly fossil fuel
based to alternative fuel dependency only.
Further the U.S. Navy in partnership with the Departments of
Energy and Agriculture is working with private sectors to create a
sustainable U.S. based alternative energy industry as part of a
plan that President Obama has in place to reduce American
independence of foreign oil. The U.S. spends more than $300 billion
a year on imported crude oil.
Over $6 billion in investments have gone to the alternative
fuels industry since 2004 with flexibility in end product
technologies being the leaders which Terralene Fuels could be
categorized as such.
About Terralene Fuels
Terralene® is a patented, proprietary, alternative fuel
formulation which reduces greenhouse gases and other
environmentally damaging emissions which are prevalent in existing
gasoline combustion engines. Although the formulation is somewhat
based on fossil fuels and other non food chain agricultural
components, it is designed as a Green and Clean Alternative
Renewable Fuel. The internationally known law firm of Gowling
Lafleur Henderson LLP is retained to manage the Terralene Patents
and Trade Marks.
Visit our site: www.terralenefuels.com
/s/ Jaclyn
Cruz
Jaclyn Cruz,
President
For further information contact: 1-888-488-6882
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein which are not
historical fact are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements,
including, but not limited to, certain delays in testing and
evaluation of products and other risks detailed from time to time
in Golden Spirit's filings with the Securities & Exchange
Commission.
CONTACT: Golden Spirit Enterprises Ltd.
35 South Ocean Avenue, Patchogue, NY, 11772
Tel: 1-888-488-6882
Fax: 1-888-265-0498
www.goldenspirit.ws
Golden Star Enterprises (PK) (USOTC:GSPT)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Golden Star Enterprises (PK) (USOTC:GSPT)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024