GRAND RAPIDS, MICHIGAN - August 11, 2009
Green Energy Live Completes Acquisition of Comanche Livestock Exchange, LLC
Green Energy Live Inc. (OTCBB: GELV.OB) today announced that the acquisition of Comanche Livestock Exchange, LLC (CLEL), a privately-owned Texas-based provider of live animal auctions, was closed on July 24, 2009, with the delivery of restricted common stock shares and a promissory note. CLEL will be a wholly-owned subsidiary.
Karen Clark, CEO of Green Energy, commented “We are pleased to close on the acquisition and formally bring on board the Comanche team led by Dean Cagle. Their experience and strong foothold in the beef and dairy livestock industry is a significant advantage for our company as a large client base for our biomass to fuel system becomes immediately available. We are excited by the opportunity to help farmers achieve energy independence and reduce costs at the same time.” |