GreenGold Ray Energies, Inc.
- GRYE
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BUSINESS SUMMARY (read the
Full Report)
GreenGold Ray Energies Inc. (GRYE)
is a fast growing international energy company searching the Philippine
Archipelago and other countries for opportunities to produce market and utilize
renewable energy products such as bio fuels. GreenGold Ray Energies Inc.
is recognized to become one of the leaders in the bio green technology and
other alternative energies, helping the country achieve energy self-sufficiency
and sustainability. The company through aggregation of manpower and production
intends to capitalize on economies of scale in the extraction, processing,
commodities selling and trading. GreenGold Ray Energies Inc. is committed
to the implementation of sustainable green technologies to achieve fiscal
strength based on the principle of 3Ps: Profit – People – Planet.
In February, 2008, GRYE had planted its first jatropha seedlings on the 300
hectares of farm land in the island of Batan, province of Albay, South East
of Luzon Island. The first harvesting season is estimated to begin in the
Spring of 2009. The largest as well as the most ideal and prime jatropha
plantations are geographically located in the island of Mindanao, in which
more than 30,000 hectares of land are already confirmed for our jatropha
plantations expansion.
“Our global focus, with the 2009 first expansion to Corpus Christi,
Texas, U.S.A., is designed to allow GreenGold Ray Energies be responsive
to the increased demands of our jatropha bio fuel products. This is also
calculated to permit us to exercise significant control in our forecast of
supply and demand in the world bio fuel market. GreenGold believes that the
expanding demand in the transportation sector, especially in the aviation
industry, the jatropha oil powered bio fuels will continue at an unprecedented
rate. Our sale of these bio fuels will become one of our revenue-generating
business!” exclaimed CEO Manolo Tecson.
{MORE}
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| INTERNET WEBSITES
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RECENT NEWS DEVELOPMENTS
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April 13, 2009 40% to 50% Jatropha
Oil Blend With Standard Diesel Oil Provides Optimum Performance; Showcases
7.41 Acres Jatropha Demo-Farm, GreenGold Ray Energies Announces -
VIEW
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March 31, 2009 GreenGold Ray Energies
Expects Tremendous Supply for Crude Jatropha Oil -- "Fueling the Future"
- VIEW (off)
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March 24, 2009 GreenGold Ray Energies
"Fueling the Future" Builds a Demo-Jatropha Farm & a 2nd Biodiesel Refinery
Site - VIEW (off)
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March 19, 2009 GreenGold Ray Energies
Signed an Equity Financing Commitment of up to $10.0 Million USD - VIEW (off)
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March 4, 2009 GreenGold Ray Energies
Is Well Positioned to Profit in 2009, Expecting to Earn $1.45 Million USD
or $0.053 per Share - VIEW (off)
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Financial Statistics (9/30/08 filing)
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| General (as of 5/1/09) |
| Price |
$0.031 |
| 52-Week High |
$3.00 |
| 52-Week Low |
$0.031 |
| Total Cash |
$1.3K |
| Valuation Ratios |
| Price/Book |
0.67 |
| Price/Earnings |
N/A |
| Price/Sales |
N/A |
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| Financial Strength |
| Current Ratio |
51.16 |
| Quick Ratio |
51.16 |
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| Per Share Numbers |
| Book Value |
$0.046 |
| EPS |
($0.004) |
| Cash |
$0.0004 |
| Sales |
$0.000 |
| Income Statements |
| Net Income |
($14.9K) |
| Revenues |
$0 |
| Equity Turnover |
N/A |
| Net Profit Margin |
(%) |
| Internal Growth |
| ROA |
N/A |
| ROE |
N/A |
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| SYMBOL |
GRYE (PINKS) |
| Recent Price |
$0.031 (5/1/09) |
| 52 Week High |
$3.00 |
| 52 Week Low |
$0.031 |
| Shares Out |
26,460,900 |
| Market Cap |
$820,288 |
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Officers/Directors:
President/CEO - Manolo Tecson
CFO - Arnel Morilla
COO/VP - Gil Salutim
Sec/Treas. - Rene Bravos
Legal Counsel - Samuel Rollo
Advisor/Consul. - Rod Bernard
Director - Rey Oliva |
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US Corporate Headquarters:
3636 South Alameda, Suite B-197
Corpus Christi, TX 78411
Philippines Address:
888 Serena St. El Shaddai Building
Carmen, 9000 Cagayan de Oro City, Misamis Oriental
Northern Mindanao, Republic of the Philippines
USA Phone: 361-288-7349
Phil Phone: 011-(6388)309-0969
Phil Fax: 011-(6388)857-8236 |
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and Terms of Use. UpTrend Group, LLC expects to complete a one-year contract
for GRYE's inclusion under the C.A.P. program, though nothing has been finalized
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