GCEI News 12/26/2016 - 0.004
Post# of 273249
Posted On: 12/26/2016 6:09:38 AM
Global Clean Energy, Inc. $GCEI News
Last updated 12/26/2016 - 0.004
Steven R. Mann elected President, Chief Executive Officer and Director of Global Clean Energy Inc.
Nov 21, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, November 21, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), the Board of Directors of Global Clean Energy, Inc. is pleased to announce that Steven R. Mann has been elected President, Chief Executive Officer and a Director of the company. Mr. Mann has worked with the company since 2012 as Chief Development Officer and has spearheaded the company’s efforts at Waste to Fuel Projects. Dr. Earl Azimov will continue to be a member of the Board.
This is the next step in building the company’s plans and the Board is deeply appreciative to Dr. Azimov for his work over the last 8 years in sometimes very difficult times.
Mr. Mann stated in his direction for the company “It is imperative that we remain laser focused on our core mission, which is based on converting waste to high value products. With the extensive knowledge of our founders, who designed and built pyrolysis technology for the Canadian government to convert waste to fuel, it is my intention to build on that knowledge base to successfully develop waste to fuel projects starting with our first Tires to Fuel and Carbon Black project in Illinois currently under review by funding entities. Other potential projects under this umbrella will include alternative fuels including algae. Although the fuel price recession of the last few years has delayed our first project we remain optimistic that fuel prices have stabilized and funding groups are now expressing interest again in our Tires to Fuel and Carbon Black project.”
The Board also expressed appreciation to Kenneth Adessky in not only the work he has done but in winning his appeal and retaining his law license. It has been a long and costly effort. The Board is in the process of analyzing its’ options with its’ legal counsel on the damages that have been done to the company and its’ shareholders.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy Signs LED Distribution Agreements and Rolls Out its Dollar-LED-Club and Lifetime Warranty Program
Aug 16, 2016
OTC Disclosure & News Service
-
Global Clean Energy Signs LED Distribution Agreements and Rolls Out its Dollar-LED-Club and Lifetime Warranty Program
PR Newswire
HOUSTON, August 16, 2016
HOUSTON, August 16, 2016 /PRNewswire/ --
Global Clean Energy, Inc. (OTC PINK: GCEI), GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.
EPG Source is a one-source solution for Solar PV, Energy Storage and LED Systems with National distribution facilities throughout the US incorporating equipment, logistics, warehousing and delivery. EPG Source eliminates the need for multiple suppliers, streamlines cash flows, and provides merchant financing.
EPG Source is headed by Mr. Christian Siebens founder of the Clean Energy Division of Affiliated Distributors, the largest independent distributor of energy products in North America with sales in excess of $32 billion dollars. "We fully embrace GCE's business model and had been studying a similar plan at EPG. Thus it was a natural addition to our business to provide logistics, fulfillment and warranty support for GCE," stated Siebens.
With this agreement, GCE has all supply chains and logistics in place to launch its programs commencing with its Dollar-LED-Club, its Lifetime Warranty program and support its product expansion plan. "Lighting is the perfect medium to insert the other smart connectivity products to fill the house, because you use light everywhere," stated Philip Smallwood, the director of L.E.D. and lighting research for Silicon Valley-based Strategies Unlimited.
The agreement gives GCE access to a full range of smart energy technologies available to meet the needs of our customers. The U.S. Department of Energy considers the widespread adoption of LED technology to offer the greatest potential impact on energy conservation in the country. Current penetration in the LED market is seven per cent worldwide, and is expected by lighting analysts to reach fifty per cent by 2022. The LED market will bring in an estimated $38 billion dollars this year.
GCE's Lifetime Warranty program has gained critical acclaim since the New Yorker Magazine's recent whistle blower article called the industry to task "Instead of providing a product designed to last, obsolescence remains the rule of the day. THE L.E.D. QUANDARY: WHY THERE'S NO SUCH THING AS “BUILT TO LAST” J. B. MacKinnon, New Yorker JULY 14, 2016. With the advent of L.E.D. bulbs, we now have perhaps the first mass-consumer product of the twenty-first century to challenge planned obsolescence".
GCE's model of creating non-obsolescence in the LED industry parallels the razor blade excessive pricing practices, which gave way to the Dollar Shave Club phenomenon. "In both markets, consumers have been taken for granted and obvious market opportunities overlooked. Last month's $1 Billion sale of Dollar Shave Club to Unilever says it all," stated Dr. Earl Azimov, GCE President. According to the report in the New York Times "Unilever is paying $1 billion for Dollar Shave Club, a five-year-old start-up that sells razors and other personal products for men. Every other company should be afraid, very afraid".
The New York Times goes on to say, "The same forces that drove Dollar Shave's rise are altering a wide variety of consumer product categories. Together, they add up to something huge - a new slate of companies that are exploring novel ways of making and marketing some of the most lucrative products we buy today".
"We have done our research; we know exactly which market demographic segments resonate with lifetime warranties and energy saving programs, and which rooms and lighting essentials are priorities for our specific target markets. Just consider the market size, diversity, growth and revenue," says Azimov. "We will offer LED bulbs with 40,000 hour average usage rates with complete coverage for the life of the home. GCE will officially launch Dollar-LED-Club in Q4 2016 and run all commercial operations, marketing, sales and media, with sourcing, fulfillment, delivery and logistics handled by EPG Source".
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
+1-713-852-7474
http://www.globalcleanenergy.net
Follow us on Twitter for background information and research.
SOURCE Global Clean Energy, Inc.
Copyright © 2016 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy Signs LED distribution agreements and rolls out its Dollar-LED-Club and Lifetime Warranty program.
Aug 16, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, August 16, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.
EPG Source is a one-source solution for Solar PV, Energy Storage and LED Systems with National distribution facilities throughout the US incorporating equipment, logistics, warehousing and delivery. EPG Source eliminates the need for multiple suppliers, streamlines cash flows, and provides merchant financing.
EPG Source is headed by Mr. Christian Siebens founder of the Clean Energy Division of Affiliated Distributors, the largest independent distributor of energy products in North America with sales in excess of $32 billion dollars. “We fully embrace GCE’s business model and had been studying a similar plan at EPG. Thus it was a natural addition to our business to provide logistics, fulfillment and warranty support for GCE,” stated Siebens.
With this agreement, GCE has all supply chains and logistics in place to launch its programs commencing with its Dollar-LED-Club, its Lifetime Warranty program and support its product expansion plan. “Lighting is the perfect medium to insert the other smart connectivity products to fill the house, because you use light everywhere,” stated Philip Smallwood, the director of L.E.D. and lighting research for Silicon Valley-based Strategies Unlimited.
The agreement gives GCE access to a full range of smart energy technologies available to meet the needs of our customers. The U.S. Department of Energy considers the widespread adoption of LED technology to offer the greatest potential impact on energy conservation in the country. Current penetration in the LED market is seven per cent worldwide, and is expected by lighting analysts to reach fifty per cent by 2022. The LED market will bring in an estimated $38 billion dollars this year.
GCE’s Lifetime Warranty program has gained critical acclaim since the New Yorker Magazine’s recent whistle blower article called the industry to task “Instead of providing a product designed to last, obsolescence remains the rule of the day. THE L.E.D. QUANDARY: WHY THERE’S NO SUCH THING AS “BUILT TO LAST” J. B. MacKinnon , New Yorker JULY 14, 2016. With the advent of L.E.D. bulbs, we now have perhaps the first mass-consumer product of the twenty-first century to challenge planned obsolescence”.
GCE’s model of creating non-obsolescence in the LED industry parallels the razor blade excessive pricing practices, which gave way to the Dollar Shave Club phenomenon. “In both markets, consumers have been taken for granted and obvious market opportunities overlooked. Last month’s $1 Billion sale of Dollar Shave Club to Unilever says it all,” stated Dr. Earl Azimov, GCE President. According to the report in the New York Times “Unilever is paying $1 billion for Dollar Shave Club, a five-year-old start-up that sells razors and other personal products for men. Every other company should be afraid, very afraid”. The New York Times goes on to say, “The same forces that drove Dollar Shave’s rise are altering a wide variety of consumer product categories. Together, they add up to something huge — a new slate of companies that are exploring novel ways of making and marketing some of the most lucrative products we buy today”.
“We have done our research; we know exactly which market demographic segments resonate with lifetime warranties and energy saving programs, and which rooms and lighting essentials are priorities for our specific target markets. Just consider the market size, diversity, growth and revenue,” says Azimov. “We will offer LED bulbs with 40,000 hour average usage rates with complete coverage for the life of the home. GCE will officially launch Dollar-LED-Club in Q4 2016 and run all commercial operations, marketing, sales and media, with sourcing, fulfillment, delivery and logistics handled by EPG Source”.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Follow us on Twitter for background information and research.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy Launching Cleantech Platforms as E-commerce Sales Continue to Grow
Jul 28, 2016
OTC Disclosure & News Service
-
Global Clean Energy Launching Cleantech Platforms as E-commerce Sales Continue to Grow
PR Newswire
HOUSTON, Texas, July 28, 2016
HOUSTON, Texas, July 28, 2016 /PRNewswire/ --
Global Clean Energy, Inc. (OTC PINK: GCEI), has diversified its operations in Waste 2 Fuels and PGM with its recently acquired new digital business as E-commerce sales grew to $341.7 billion in 2015, a 14.6% increase over 2014's $298.3 billion, according to estimates released by the U.S. Department of Commerce. E-commerce accounted for 60.4% of total retail sales growth.
The US Commerce Department estimates Q4 web sales will reach $89.08 billion, up 14.7% from $77.66 billion a year earlier. This relentless sales growth continues to take a toll on traditional retailer as the social media phenomenon continues to spur sales growth in categories previously unanticipated.
GCE continues to diversify its digital presence and growth into sustainable Smart Energy and Smart Home markets through its EcoApp programs, focusing on what it considers as neglected markets. "With the advent of Billion-dollar Sustainable Brands, the Billion-dollar Purpose-led Brand Club fueled disruptive innovation that uses sustainability to spur the development of radically better products and services" according to Freya Williams of S.B Sustainable Brands.
"Over the last several months, since GCE announced the acquisitions of its new User Driven digital brand strategies, GCE's stated position that the LED market is rigged for obsolescence has been qualified by highly regarded publications. GCE stands by its claims that the LED lighting industry is focused on reducing the longevity of LED lighting rather than extending it by using technologies that are abundantly available. There have been substantive valuations placed on firms challenging the status quo with programs such as GCE's Lifetime Replacement program," remarks Earl Azimov GCE CEO. "GCE's model of delivering more for less, driven by User Driven markets is seen as forcing the old guard's hand as everything from hotels rooms to taxis, crowd funding and razor blade distribution models are being rewritten. GCE has its brands, distribution and logistics in place to launch its new disruptive digital platforms within 90 days to conquer what it considers to be less for more, rigged markets".
"A higher purpose that ignites the company; mainstream appeal with positioning and packaging stripped of the crunchy clichés that alienate the average customer; and establishing a new 'behavioral contract' with consumers and other stakeholders," according to Freya Williams. This is exactly what GCE is unveiling and as E-Commerce in the US closes in on the $500 billion mark.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
http://www.globalcleanenergy.net
http://www.theecoappcompany.com
Follow us on Twitter for background information and research.
SOURCE Global Clean Energy, Inc.
Copyright © 2016 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy launching Cleantech platforms as E-commerce Sales Continue to Grow
Jul 28, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, July 28, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), has diversified its operations in Waste 2 Fuels and PGM with its recently acquired new digital business as E-commerce sales grew to $341.7 billion in 2015, a 14.6% increase over 2014's $298.3 billion, according to estimates released by the U.S. Department of Commerce. E-commerce accounted for 60.4% of total retail sales growth.
The US Commerce Department estimates Q4 web sales will reach $89.08 billion, up 14.7% from $77.66 billion a year earlier. This relentless sales growth continues to take a toll on traditional retailer as the social media phenomenon continues to spur sales growth in categories previously unanticipated.
GCE continues to diversify its digital presence and growth into sustainable Smart Energy and Smart Home markets through its EcoApp programs, focusing on what it considers as neglected markets. “With the advent of Billion-dollar Sustainable Brands, the Billion-dollar Purpose-led Brand Club fueled disruptive innovation that uses sustainability to spur the development of radically better products and services” according to Freya Williams of S.B Sustainable Brands.
“Over the last several months, since GCE announced the acquisitions of its new User Driven digital brand strategies, GCE’s stated position that the LED market is rigged for obsolescence has been qualified by highly regarded publications. GCE stands by its claims that the LED lighting industry is focused on reducing the longevity of LED lighting rather than extending it by using technologies that are abundantly available. There have been substantive valuations placed on firms challenging the status quo with programs such as GCE’s Lifetime Replacement program,” remarks Earl Azimov GCE CEO. “GCE’s model of delivering more for less, driven by User Driven markets is seen as forcing the old guard’s hand as everything from hotels rooms to taxis, crowd funding and razor blade distribution models are being rewritten. GCE has its brands, distribution and logistics in place to launch its new disruptive digital platforms within 90 days to conquer what it considers to be less for more, rigged markets”.
“A higher purpose that ignites the company; mainstream appeal with positioning and packaging stripped of the crunchy clichés that alienate the average customer; and establishing a new ‘behavioral contract’ with consumers and other stakeholders,” according to Freya Williams. This is exactly what GCE is unveiling and as E-Commerce in the US closes in on the $500 billion mark.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
www.theecoappcompany.com
Follow us on Twitter for background information and research.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
GLOBAL CLEAN ENERGY ACQUIRES THE ECOAPPCOMPANY PLATFORM
Jun 22, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, June 21, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), has acquired the assets of TheEcoAppCompany, consisting of IP rights, databases and eighteen strategic domains. This acquisition is GCE’s latest addition to its ongoing plans in Waste 2 Fuel and PGM sectors. One significant advantage of TheEcoAppCompany is that supply chains and infrastructure are already in place, eliminating the need for large CAPEX funding.
The EcoAppCompany specializes in ‘User Requests’ and ‘User-Driven Markets’, which are Internet-mediated marketing platforms where the requests of customer trigger and influence the ultimate offerings, not unlike the crowd-funding phenomenon.
GCE President, Earl Azimov stated, “This is the future, as companies move from mass marketing to tightly focused marketing models such as User Requests and User-Driven Markets. The platforms GCE is acquiring create highly motivated consumers. Our goal has always been to increase the adoption rate of products that reduce carbon emissions and waste. The EcoAppCompany brands meet these objectives and rank extremely high on social media in terms of passion, engagement, and sentiment. By aggregating their online requests, consumers are motivated by a sense of communal social action, the desire for an outcome that addresses their needs, and shared responsibility for the ultimate success. After spending my career in web technologies and Cleantech, this is terrific addition for GCE’s growth and value creation”.
The EcoAppCompany was developed by Brian Levine, who previously served as COO of GCE and will be responsible for bringing the applications to market. Levine has an extensive background in retail, distribution, manufacturing, clean tech, Internet and banking. “Being involved in diverse industries, I have always been guided by an unwavering ‘the customer is always right’ philosophy”, stated Levine. “The User Requests/User-Driven Markets model allows us to curate and tailor offerings driven directly by users in a way never envisioned before. GCE will initially focus on the LED lighting market, which is troubled by exaggerated manufacturer performance, and warranty claims. “It disturbs buyers who purchase expensive LED’s with 10 -25 year usage claims; just to see them fail in a fraction of the time”. GCE’s will address these misleading claims and accelerate the adoption rate of highly energy efficient LED products in this 30 billion dollar market. GCE will offer ‘Lifetime Replacement programs under our ’LED Makeover ‘and ‘Buck-a-Bulb’ programs. The Buck-a-Bulb LED program, is an easy way for buyers to give their home or businesses an ‘LED makeover’, control energy costs, and enjoy the benefits of energy-efficient technology without paying in advance. ‘Install and forget’ is our mantra.”
The energy industry is changing rapidly. ‘Smart energy’ solutions will exceed $100 billion in revenue by 2020, according to Green Tech Media. GCE will generate revenue from transactions, finance fees
e-commerce and affiliate sales. The company will offer its top 20 SKUs at a dollar per bulb per month over 9 – 12 months depending on model. The average net profit per home is estimated at $100.
“We cannot be satisfied with business as usual”, stated Azimov. “Our mission is to drive industry disruption via business model innovation. People who lead dynamic, growth-oriented organizations understand that vision, combined with the ability to see around the corner, creates the best opportunity for change. GCE plans to build a thriving business with its well-established fulfillment partners. By aligning our user platforms, we will accelerate the mainstream adoption of smart energy technologies, always in line with our ‘Lifetime Replacement’ policy, in over 20 different energy categories driven by user preferences”.
GCE is pleased with its continued progress on its Tires 2 Fuels venture. The stabilization of oil prices and its EPA Consultants opinion, have confirmed a quick path to permitting. This should allow the Company to commence construction of its facility in early 2017 in Illinois.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
www.theecoappcompany.com
Follow us on Twitter for background information and research.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Update on Global Clean Energy, Inc.
Jul 06, 2015
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, July 6 2015; Global Clean Energy, Inc. (OTC PINK: GCEI) has re-filed its’ 2014 annual statement at the request of OTC Markets, further the company filed both Q1 and Q2 2015 financials to meet the compliance reporting requirements of OTC Markets.
The company now has completed audited statements for the years 2009-2013 inclusive and is working on the 2014 audit all in compliance with US GAAP. The company also engaged a Canadian audit firm, whom have completed 2012 and 2013 audits to meet the requirements of Autorités des Marche Financiers (Quebec), which audits are being completed in accordance with IFRS accounting standards. Once the 2014 US GAAP audit is complete we will again have that year audited in compliance with IFRS Standards. Upon completion the company will file 3 years of audited statements and 2 quarters of 2015 on SEDAR to be in compliance with all Canadian regulatory requirements. GCE believes that will allow the CTO be lifted in Canada.
Upon completion of the 2014 audit, the company will update and rework its’ Form 10 for the next step in attaining fully reporting status. It is the hope of the company that filing will be completed in the next 45 days.
The company continues to move ahead with a PGM Acquisition, planning, to close before the end of this quarter.
Global Clean Energy, Inc. is excited about developments with its tire to fuels projects. It has successfully completed testing of all the off-takes and has been able to procure long term off-take contracts. All the essential elements are complete including feedstock supply contracts as well as building lease terms. The purchase orders with all technology providers are presently being finalized. The company plans to commence construction of the facility in Q4 2015 with a commissioning date planned for Q3 2016.
Brian Levine has resigned from the company to pursue other interests. Steven Mann will assume additional responsibilities for the company.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Update on Global Clean Energy, Inc.’s PGM Acquisition
Mar 19, 2015
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, March 19, 2015; Global Clean Energy, Inc. (OTC PINK: GCEI) is moving ahead with its acquisition in the PGM industry.
The company has executed a binding financial term sheet for the capital funding required to proceed with the acquisition. The capital will be used by GCE to acquire the target company and fund their rapid growth in the sector. GCE is in final due diligence and expects the transaction to be completed within 60 days.
It is estimated that 15-20% of the world’s PGM is recovered from spent auto-catalysts and that this represents three-quarters of the total secondary PGM supply. In the North American market, where the use of catalytic converters has been mandated for more than 30 years, recovered metal now accounts for more than half of the platinum required for the manufacture of new catalytic converters. Supply concerns due to the South African platinum miners’ strike and fears of sanctions against Russia, the world’s largest producer of the metals are driving the demand for recovered PGM on a global scale. GCE plans to expand operations within North and South America.
“GCE’s acquisition demonstrates the company’s confidence in the sector and its strategy to become one of the fastest growing firms in the industry. The company will introduce new programs into a very lucrative, yet fragmented industry, ripe for consolidation,” says Brian Levine, GCE’s COO.
The company is in the final stages of the resolution of AMF requirements to resume trading in Canada. GCE has engaged Canadian Auditors to complete IFRS filings and is comfortable that this will be resolved early Q2 2015.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy, Inc. Year-End Update
Dec 29, 2014
OTC Disclosure & News Service
-
Global Clean Energy, Inc. Year-End Update
HOUSTON, TX--(Marketwired - Dec 29, 2014) - Global Clean Energy, Inc. (OTC PINK: GCEI) is a precious metal recovery and high value waste conversion business, focusing on the recovery of Platinum Group Metals and derivatives from the tires and industrial plastic industry. The company incorporates the best available technologies worldwide. All GCE systems will have performance output guarantees in place to ensure that the company's stringent return on invested capital is met.
GCE is proceeding with its planned acquisition of a PGM business. The Platinum Group Metals includes platinum, palladium and rhodium which are widely used in industry, technology and vehicles globally. GCE expects to report revenues of approximately $20M per year in 2015 based on the acquisition. The company will be a fully vertically integrated operation from procurement through smelting on route to recovering up to 99% of the precious metals found in end of life catalytic converters. The management team will be comprised of top executives from the 2 companies.
The PGM market is robust. Leading PGM analysts expect annual palladium deficits of approximately 2 million ounces per year for the next three years. Palladium mine supply production this year will fall to its lowest level in nearly 20 years, while demand for the metal continues to grow, according to a December 1, Citigroup research report. On the demand side, analysts point to United States' demand, as well as China's drive to enforce auto emission Euro 5 standards and the burgeoning market in Brazil. GCE has agreements in place with a major auto manufacture to buy and sell converters on their behalf to supplement their supply chain.
The acquisition previously scheduled to close in Q4 2014 is on track for late January 2015. Final structuring and audit requirements have delayed the closing but the companies have been working closely together throughout the process. GCE's primary technology supplier has been actively engaged and working on a range of critical development areas.
2015 will see GCE continuing to move ahead with its waste conversion sites. GCE has locked feedstock from 2 of the largest US plastic and tire sources in the industry. The waste to fuels project will deconstruct both plastic and tires in two separate pyrolysis lines to create transportation fuel and carbon char and has confirmed offtake agreements for its byproducts. GCE will move quickly to develop a hybrid conversion site and will finalize its joint venture structure with a proven pyrolysis technology company in Q1 2015.
To date GCE management has been acquiring stock. None of the current Officers or Directors has been selling stock. They continue to believe that the GCE stock is undervalued and continue to increase their stakes in the company.
GCE has complied with all the requirements of the AMF, having prepared and deposited audited information for every quarter since Q3 2012, and has submitted all the necessary compliance materials. The company is expecting the CTO to be remedied shortly, and is fully cooperating with the AMF. The Canadian requirements are more stringent and costly than those required in the US.
In early 2014, GCE made inroads into the Bio Fuels market in close collaboration with Seneca Bio Fuels in Upstate NY. The company closely evaluated the conversion of significant dairy cattle waste for energy project with an excellent site and operating team in place. After careful analysis GCE determined the supply, PPA per KW and capital costs did not meet its investment criteria. GCE opted not proceed with the Seneca site development.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Update on Global Clean Energy Inc.’s Waste to Fuels Projects
Nov 24, 2014
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, November 24, 2014; Global Clean Energy, Inc. (OTC PINK: GCEI) will continue to move ahead with its waste to fuels projects despite lower fuel prices. Revenue will be generated from the production and sale of diesel fuel and tire derived carbon black.
The waste to fuels project will deconstruct both plastic and tires in two separate pyrolysis lines to create transportation fuel and carbon char. GCE’s ability to upgrade and refine Pyroil crude from the pyrolysis process on-site to transportation diesel thus taking advantage of the increased price spread from crude to diesel which can add up to $25 per barrel of fuel produced. Refining on-site combined with stable carbon char prices produces positive IRR even with crude oil below $80 per barrel. “The forecast Brent crude oil price averages $83/bbl in 2015” according to the U.S. Energy Information Administration (EIA) November 2014 report.
Tire derived carbon black is an alternative to oil derived carbon black. There is an anticipated shortage of carbon black in the world wide market. Other factors bolstering carbon black prices are EPA efforts to control sulfur oxide and nitrogen oxide emissions from U.S. carbon black facilities. “Recycling tires into carbon char does not share the emission issues and associated costs as oil derived carbon black and therefore any price increase only benefit our projects”said Steven Mann of GCE.
GCE’s executives will be traveling to the Southeast to meet with city managers to finalize their first waste to fuels project. The meeting is the culmination of approvals to house the project on an existing property that includes a suitable building.
Additionally, GCE is still planning on closing its PGM acquisition by the end of 4th quarter fulfilling their goal of a rich portfolio of projects to convert waste to high value products throughout North America.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/26/2016 - 0.004
Steven R. Mann elected President, Chief Executive Officer and Director of Global Clean Energy Inc.
Nov 21, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, November 21, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), the Board of Directors of Global Clean Energy, Inc. is pleased to announce that Steven R. Mann has been elected President, Chief Executive Officer and a Director of the company. Mr. Mann has worked with the company since 2012 as Chief Development Officer and has spearheaded the company’s efforts at Waste to Fuel Projects. Dr. Earl Azimov will continue to be a member of the Board.
This is the next step in building the company’s plans and the Board is deeply appreciative to Dr. Azimov for his work over the last 8 years in sometimes very difficult times.
Mr. Mann stated in his direction for the company “It is imperative that we remain laser focused on our core mission, which is based on converting waste to high value products. With the extensive knowledge of our founders, who designed and built pyrolysis technology for the Canadian government to convert waste to fuel, it is my intention to build on that knowledge base to successfully develop waste to fuel projects starting with our first Tires to Fuel and Carbon Black project in Illinois currently under review by funding entities. Other potential projects under this umbrella will include alternative fuels including algae. Although the fuel price recession of the last few years has delayed our first project we remain optimistic that fuel prices have stabilized and funding groups are now expressing interest again in our Tires to Fuel and Carbon Black project.”
The Board also expressed appreciation to Kenneth Adessky in not only the work he has done but in winning his appeal and retaining his law license. It has been a long and costly effort. The Board is in the process of analyzing its’ options with its’ legal counsel on the damages that have been done to the company and its’ shareholders.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy Signs LED Distribution Agreements and Rolls Out its Dollar-LED-Club and Lifetime Warranty Program
Aug 16, 2016
OTC Disclosure & News Service
-
Global Clean Energy Signs LED Distribution Agreements and Rolls Out its Dollar-LED-Club and Lifetime Warranty Program
PR Newswire
HOUSTON, August 16, 2016
HOUSTON, August 16, 2016 /PRNewswire/ --
Global Clean Energy, Inc. (OTC PINK: GCEI), GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.
EPG Source is a one-source solution for Solar PV, Energy Storage and LED Systems with National distribution facilities throughout the US incorporating equipment, logistics, warehousing and delivery. EPG Source eliminates the need for multiple suppliers, streamlines cash flows, and provides merchant financing.
EPG Source is headed by Mr. Christian Siebens founder of the Clean Energy Division of Affiliated Distributors, the largest independent distributor of energy products in North America with sales in excess of $32 billion dollars. "We fully embrace GCE's business model and had been studying a similar plan at EPG. Thus it was a natural addition to our business to provide logistics, fulfillment and warranty support for GCE," stated Siebens.
With this agreement, GCE has all supply chains and logistics in place to launch its programs commencing with its Dollar-LED-Club, its Lifetime Warranty program and support its product expansion plan. "Lighting is the perfect medium to insert the other smart connectivity products to fill the house, because you use light everywhere," stated Philip Smallwood, the director of L.E.D. and lighting research for Silicon Valley-based Strategies Unlimited.
The agreement gives GCE access to a full range of smart energy technologies available to meet the needs of our customers. The U.S. Department of Energy considers the widespread adoption of LED technology to offer the greatest potential impact on energy conservation in the country. Current penetration in the LED market is seven per cent worldwide, and is expected by lighting analysts to reach fifty per cent by 2022. The LED market will bring in an estimated $38 billion dollars this year.
GCE's Lifetime Warranty program has gained critical acclaim since the New Yorker Magazine's recent whistle blower article called the industry to task "Instead of providing a product designed to last, obsolescence remains the rule of the day. THE L.E.D. QUANDARY: WHY THERE'S NO SUCH THING AS “BUILT TO LAST” J. B. MacKinnon, New Yorker JULY 14, 2016. With the advent of L.E.D. bulbs, we now have perhaps the first mass-consumer product of the twenty-first century to challenge planned obsolescence".
GCE's model of creating non-obsolescence in the LED industry parallels the razor blade excessive pricing practices, which gave way to the Dollar Shave Club phenomenon. "In both markets, consumers have been taken for granted and obvious market opportunities overlooked. Last month's $1 Billion sale of Dollar Shave Club to Unilever says it all," stated Dr. Earl Azimov, GCE President. According to the report in the New York Times "Unilever is paying $1 billion for Dollar Shave Club, a five-year-old start-up that sells razors and other personal products for men. Every other company should be afraid, very afraid".
The New York Times goes on to say, "The same forces that drove Dollar Shave's rise are altering a wide variety of consumer product categories. Together, they add up to something huge - a new slate of companies that are exploring novel ways of making and marketing some of the most lucrative products we buy today".
"We have done our research; we know exactly which market demographic segments resonate with lifetime warranties and energy saving programs, and which rooms and lighting essentials are priorities for our specific target markets. Just consider the market size, diversity, growth and revenue," says Azimov. "We will offer LED bulbs with 40,000 hour average usage rates with complete coverage for the life of the home. GCE will officially launch Dollar-LED-Club in Q4 2016 and run all commercial operations, marketing, sales and media, with sourcing, fulfillment, delivery and logistics handled by EPG Source".
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
+1-713-852-7474
http://www.globalcleanenergy.net
Follow us on Twitter for background information and research.
SOURCE Global Clean Energy, Inc.
Copyright © 2016 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy Signs LED distribution agreements and rolls out its Dollar-LED-Club and Lifetime Warranty program.
Aug 16, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, August 16, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), GCE has signed distribution agreements with EPG Source of Dallas, Texas a leading Smart Energy and LED provider.
EPG Source is a one-source solution for Solar PV, Energy Storage and LED Systems with National distribution facilities throughout the US incorporating equipment, logistics, warehousing and delivery. EPG Source eliminates the need for multiple suppliers, streamlines cash flows, and provides merchant financing.
EPG Source is headed by Mr. Christian Siebens founder of the Clean Energy Division of Affiliated Distributors, the largest independent distributor of energy products in North America with sales in excess of $32 billion dollars. “We fully embrace GCE’s business model and had been studying a similar plan at EPG. Thus it was a natural addition to our business to provide logistics, fulfillment and warranty support for GCE,” stated Siebens.
With this agreement, GCE has all supply chains and logistics in place to launch its programs commencing with its Dollar-LED-Club, its Lifetime Warranty program and support its product expansion plan. “Lighting is the perfect medium to insert the other smart connectivity products to fill the house, because you use light everywhere,” stated Philip Smallwood, the director of L.E.D. and lighting research for Silicon Valley-based Strategies Unlimited.
The agreement gives GCE access to a full range of smart energy technologies available to meet the needs of our customers. The U.S. Department of Energy considers the widespread adoption of LED technology to offer the greatest potential impact on energy conservation in the country. Current penetration in the LED market is seven per cent worldwide, and is expected by lighting analysts to reach fifty per cent by 2022. The LED market will bring in an estimated $38 billion dollars this year.
GCE’s Lifetime Warranty program has gained critical acclaim since the New Yorker Magazine’s recent whistle blower article called the industry to task “Instead of providing a product designed to last, obsolescence remains the rule of the day. THE L.E.D. QUANDARY: WHY THERE’S NO SUCH THING AS “BUILT TO LAST” J. B. MacKinnon , New Yorker JULY 14, 2016. With the advent of L.E.D. bulbs, we now have perhaps the first mass-consumer product of the twenty-first century to challenge planned obsolescence”.
GCE’s model of creating non-obsolescence in the LED industry parallels the razor blade excessive pricing practices, which gave way to the Dollar Shave Club phenomenon. “In both markets, consumers have been taken for granted and obvious market opportunities overlooked. Last month’s $1 Billion sale of Dollar Shave Club to Unilever says it all,” stated Dr. Earl Azimov, GCE President. According to the report in the New York Times “Unilever is paying $1 billion for Dollar Shave Club, a five-year-old start-up that sells razors and other personal products for men. Every other company should be afraid, very afraid”. The New York Times goes on to say, “The same forces that drove Dollar Shave’s rise are altering a wide variety of consumer product categories. Together, they add up to something huge — a new slate of companies that are exploring novel ways of making and marketing some of the most lucrative products we buy today”.
“We have done our research; we know exactly which market demographic segments resonate with lifetime warranties and energy saving programs, and which rooms and lighting essentials are priorities for our specific target markets. Just consider the market size, diversity, growth and revenue,” says Azimov. “We will offer LED bulbs with 40,000 hour average usage rates with complete coverage for the life of the home. GCE will officially launch Dollar-LED-Club in Q4 2016 and run all commercial operations, marketing, sales and media, with sourcing, fulfillment, delivery and logistics handled by EPG Source”.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Follow us on Twitter for background information and research.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy Launching Cleantech Platforms as E-commerce Sales Continue to Grow
Jul 28, 2016
OTC Disclosure & News Service
-
Global Clean Energy Launching Cleantech Platforms as E-commerce Sales Continue to Grow
PR Newswire
HOUSTON, Texas, July 28, 2016
HOUSTON, Texas, July 28, 2016 /PRNewswire/ --
Global Clean Energy, Inc. (OTC PINK: GCEI), has diversified its operations in Waste 2 Fuels and PGM with its recently acquired new digital business as E-commerce sales grew to $341.7 billion in 2015, a 14.6% increase over 2014's $298.3 billion, according to estimates released by the U.S. Department of Commerce. E-commerce accounted for 60.4% of total retail sales growth.
The US Commerce Department estimates Q4 web sales will reach $89.08 billion, up 14.7% from $77.66 billion a year earlier. This relentless sales growth continues to take a toll on traditional retailer as the social media phenomenon continues to spur sales growth in categories previously unanticipated.
GCE continues to diversify its digital presence and growth into sustainable Smart Energy and Smart Home markets through its EcoApp programs, focusing on what it considers as neglected markets. "With the advent of Billion-dollar Sustainable Brands, the Billion-dollar Purpose-led Brand Club fueled disruptive innovation that uses sustainability to spur the development of radically better products and services" according to Freya Williams of S.B Sustainable Brands.
"Over the last several months, since GCE announced the acquisitions of its new User Driven digital brand strategies, GCE's stated position that the LED market is rigged for obsolescence has been qualified by highly regarded publications. GCE stands by its claims that the LED lighting industry is focused on reducing the longevity of LED lighting rather than extending it by using technologies that are abundantly available. There have been substantive valuations placed on firms challenging the status quo with programs such as GCE's Lifetime Replacement program," remarks Earl Azimov GCE CEO. "GCE's model of delivering more for less, driven by User Driven markets is seen as forcing the old guard's hand as everything from hotels rooms to taxis, crowd funding and razor blade distribution models are being rewritten. GCE has its brands, distribution and logistics in place to launch its new disruptive digital platforms within 90 days to conquer what it considers to be less for more, rigged markets".
"A higher purpose that ignites the company; mainstream appeal with positioning and packaging stripped of the crunchy clichés that alienate the average customer; and establishing a new 'behavioral contract' with consumers and other stakeholders," according to Freya Williams. This is exactly what GCE is unveiling and as E-Commerce in the US closes in on the $500 billion mark.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
http://www.globalcleanenergy.net
http://www.theecoappcompany.com
Follow us on Twitter for background information and research.
SOURCE Global Clean Energy, Inc.
Copyright © 2016 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy launching Cleantech platforms as E-commerce Sales Continue to Grow
Jul 28, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, July 28, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), has diversified its operations in Waste 2 Fuels and PGM with its recently acquired new digital business as E-commerce sales grew to $341.7 billion in 2015, a 14.6% increase over 2014's $298.3 billion, according to estimates released by the U.S. Department of Commerce. E-commerce accounted for 60.4% of total retail sales growth.
The US Commerce Department estimates Q4 web sales will reach $89.08 billion, up 14.7% from $77.66 billion a year earlier. This relentless sales growth continues to take a toll on traditional retailer as the social media phenomenon continues to spur sales growth in categories previously unanticipated.
GCE continues to diversify its digital presence and growth into sustainable Smart Energy and Smart Home markets through its EcoApp programs, focusing on what it considers as neglected markets. “With the advent of Billion-dollar Sustainable Brands, the Billion-dollar Purpose-led Brand Club fueled disruptive innovation that uses sustainability to spur the development of radically better products and services” according to Freya Williams of S.B Sustainable Brands.
“Over the last several months, since GCE announced the acquisitions of its new User Driven digital brand strategies, GCE’s stated position that the LED market is rigged for obsolescence has been qualified by highly regarded publications. GCE stands by its claims that the LED lighting industry is focused on reducing the longevity of LED lighting rather than extending it by using technologies that are abundantly available. There have been substantive valuations placed on firms challenging the status quo with programs such as GCE’s Lifetime Replacement program,” remarks Earl Azimov GCE CEO. “GCE’s model of delivering more for less, driven by User Driven markets is seen as forcing the old guard’s hand as everything from hotels rooms to taxis, crowd funding and razor blade distribution models are being rewritten. GCE has its brands, distribution and logistics in place to launch its new disruptive digital platforms within 90 days to conquer what it considers to be less for more, rigged markets”.
“A higher purpose that ignites the company; mainstream appeal with positioning and packaging stripped of the crunchy clichés that alienate the average customer; and establishing a new ‘behavioral contract’ with consumers and other stakeholders,” according to Freya Williams. This is exactly what GCE is unveiling and as E-Commerce in the US closes in on the $500 billion mark.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
www.theecoappcompany.com
Follow us on Twitter for background information and research.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
GLOBAL CLEAN ENERGY ACQUIRES THE ECOAPPCOMPANY PLATFORM
Jun 22, 2016
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, June 21, 2016; Global Clean Energy, Inc. (OTC PINK: GCEI), has acquired the assets of TheEcoAppCompany, consisting of IP rights, databases and eighteen strategic domains. This acquisition is GCE’s latest addition to its ongoing plans in Waste 2 Fuel and PGM sectors. One significant advantage of TheEcoAppCompany is that supply chains and infrastructure are already in place, eliminating the need for large CAPEX funding.
The EcoAppCompany specializes in ‘User Requests’ and ‘User-Driven Markets’, which are Internet-mediated marketing platforms where the requests of customer trigger and influence the ultimate offerings, not unlike the crowd-funding phenomenon.
GCE President, Earl Azimov stated, “This is the future, as companies move from mass marketing to tightly focused marketing models such as User Requests and User-Driven Markets. The platforms GCE is acquiring create highly motivated consumers. Our goal has always been to increase the adoption rate of products that reduce carbon emissions and waste. The EcoAppCompany brands meet these objectives and rank extremely high on social media in terms of passion, engagement, and sentiment. By aggregating their online requests, consumers are motivated by a sense of communal social action, the desire for an outcome that addresses their needs, and shared responsibility for the ultimate success. After spending my career in web technologies and Cleantech, this is terrific addition for GCE’s growth and value creation”.
The EcoAppCompany was developed by Brian Levine, who previously served as COO of GCE and will be responsible for bringing the applications to market. Levine has an extensive background in retail, distribution, manufacturing, clean tech, Internet and banking. “Being involved in diverse industries, I have always been guided by an unwavering ‘the customer is always right’ philosophy”, stated Levine. “The User Requests/User-Driven Markets model allows us to curate and tailor offerings driven directly by users in a way never envisioned before. GCE will initially focus on the LED lighting market, which is troubled by exaggerated manufacturer performance, and warranty claims. “It disturbs buyers who purchase expensive LED’s with 10 -25 year usage claims; just to see them fail in a fraction of the time”. GCE’s will address these misleading claims and accelerate the adoption rate of highly energy efficient LED products in this 30 billion dollar market. GCE will offer ‘Lifetime Replacement programs under our ’LED Makeover ‘and ‘Buck-a-Bulb’ programs. The Buck-a-Bulb LED program, is an easy way for buyers to give their home or businesses an ‘LED makeover’, control energy costs, and enjoy the benefits of energy-efficient technology without paying in advance. ‘Install and forget’ is our mantra.”
The energy industry is changing rapidly. ‘Smart energy’ solutions will exceed $100 billion in revenue by 2020, according to Green Tech Media. GCE will generate revenue from transactions, finance fees
e-commerce and affiliate sales. The company will offer its top 20 SKUs at a dollar per bulb per month over 9 – 12 months depending on model. The average net profit per home is estimated at $100.
“We cannot be satisfied with business as usual”, stated Azimov. “Our mission is to drive industry disruption via business model innovation. People who lead dynamic, growth-oriented organizations understand that vision, combined with the ability to see around the corner, creates the best opportunity for change. GCE plans to build a thriving business with its well-established fulfillment partners. By aligning our user platforms, we will accelerate the mainstream adoption of smart energy technologies, always in line with our ‘Lifetime Replacement’ policy, in over 20 different energy categories driven by user preferences”.
GCE is pleased with its continued progress on its Tires 2 Fuels venture. The stabilization of oil prices and its EPA Consultants opinion, have confirmed a quick path to permitting. This should allow the Company to commence construction of its facility in early 2017 in Illinois.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
www.theecoappcompany.com
Follow us on Twitter for background information and research.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Update on Global Clean Energy, Inc.
Jul 06, 2015
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, July 6 2015; Global Clean Energy, Inc. (OTC PINK: GCEI) has re-filed its’ 2014 annual statement at the request of OTC Markets, further the company filed both Q1 and Q2 2015 financials to meet the compliance reporting requirements of OTC Markets.
The company now has completed audited statements for the years 2009-2013 inclusive and is working on the 2014 audit all in compliance with US GAAP. The company also engaged a Canadian audit firm, whom have completed 2012 and 2013 audits to meet the requirements of Autorités des Marche Financiers (Quebec), which audits are being completed in accordance with IFRS accounting standards. Once the 2014 US GAAP audit is complete we will again have that year audited in compliance with IFRS Standards. Upon completion the company will file 3 years of audited statements and 2 quarters of 2015 on SEDAR to be in compliance with all Canadian regulatory requirements. GCE believes that will allow the CTO be lifted in Canada.
Upon completion of the 2014 audit, the company will update and rework its’ Form 10 for the next step in attaining fully reporting status. It is the hope of the company that filing will be completed in the next 45 days.
The company continues to move ahead with a PGM Acquisition, planning, to close before the end of this quarter.
Global Clean Energy, Inc. is excited about developments with its tire to fuels projects. It has successfully completed testing of all the off-takes and has been able to procure long term off-take contracts. All the essential elements are complete including feedstock supply contracts as well as building lease terms. The purchase orders with all technology providers are presently being finalized. The company plans to commence construction of the facility in Q4 2015 with a commissioning date planned for Q3 2016.
Brian Levine has resigned from the company to pursue other interests. Steven Mann will assume additional responsibilities for the company.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Update on Global Clean Energy, Inc.’s PGM Acquisition
Mar 19, 2015
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, March 19, 2015; Global Clean Energy, Inc. (OTC PINK: GCEI) is moving ahead with its acquisition in the PGM industry.
The company has executed a binding financial term sheet for the capital funding required to proceed with the acquisition. The capital will be used by GCE to acquire the target company and fund their rapid growth in the sector. GCE is in final due diligence and expects the transaction to be completed within 60 days.
It is estimated that 15-20% of the world’s PGM is recovered from spent auto-catalysts and that this represents three-quarters of the total secondary PGM supply. In the North American market, where the use of catalytic converters has been mandated for more than 30 years, recovered metal now accounts for more than half of the platinum required for the manufacture of new catalytic converters. Supply concerns due to the South African platinum miners’ strike and fears of sanctions against Russia, the world’s largest producer of the metals are driving the demand for recovered PGM on a global scale. GCE plans to expand operations within North and South America.
“GCE’s acquisition demonstrates the company’s confidence in the sector and its strategy to become one of the fastest growing firms in the industry. The company will introduce new programs into a very lucrative, yet fragmented industry, ripe for consolidation,” says Brian Levine, GCE’s COO.
The company is in the final stages of the resolution of AMF requirements to resume trading in Canada. GCE has engaged Canadian Auditors to complete IFRS filings and is comfortable that this will be resolved early Q2 2015.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Global Clean Energy, Inc. Year-End Update
Dec 29, 2014
OTC Disclosure & News Service
-
Global Clean Energy, Inc. Year-End Update
HOUSTON, TX--(Marketwired - Dec 29, 2014) - Global Clean Energy, Inc. (OTC PINK: GCEI) is a precious metal recovery and high value waste conversion business, focusing on the recovery of Platinum Group Metals and derivatives from the tires and industrial plastic industry. The company incorporates the best available technologies worldwide. All GCE systems will have performance output guarantees in place to ensure that the company's stringent return on invested capital is met.
GCE is proceeding with its planned acquisition of a PGM business. The Platinum Group Metals includes platinum, palladium and rhodium which are widely used in industry, technology and vehicles globally. GCE expects to report revenues of approximately $20M per year in 2015 based on the acquisition. The company will be a fully vertically integrated operation from procurement through smelting on route to recovering up to 99% of the precious metals found in end of life catalytic converters. The management team will be comprised of top executives from the 2 companies.
The PGM market is robust. Leading PGM analysts expect annual palladium deficits of approximately 2 million ounces per year for the next three years. Palladium mine supply production this year will fall to its lowest level in nearly 20 years, while demand for the metal continues to grow, according to a December 1, Citigroup research report. On the demand side, analysts point to United States' demand, as well as China's drive to enforce auto emission Euro 5 standards and the burgeoning market in Brazil. GCE has agreements in place with a major auto manufacture to buy and sell converters on their behalf to supplement their supply chain.
The acquisition previously scheduled to close in Q4 2014 is on track for late January 2015. Final structuring and audit requirements have delayed the closing but the companies have been working closely together throughout the process. GCE's primary technology supplier has been actively engaged and working on a range of critical development areas.
2015 will see GCE continuing to move ahead with its waste conversion sites. GCE has locked feedstock from 2 of the largest US plastic and tire sources in the industry. The waste to fuels project will deconstruct both plastic and tires in two separate pyrolysis lines to create transportation fuel and carbon char and has confirmed offtake agreements for its byproducts. GCE will move quickly to develop a hybrid conversion site and will finalize its joint venture structure with a proven pyrolysis technology company in Q1 2015.
To date GCE management has been acquiring stock. None of the current Officers or Directors has been selling stock. They continue to believe that the GCE stock is undervalued and continue to increase their stakes in the company.
GCE has complied with all the requirements of the AMF, having prepared and deposited audited information for every quarter since Q3 2012, and has submitted all the necessary compliance materials. The company is expecting the CTO to be remedied shortly, and is fully cooperating with the AMF. The Canadian requirements are more stringent and costly than those required in the US.
In early 2014, GCE made inroads into the Bio Fuels market in close collaboration with Seneca Bio Fuels in Upstate NY. The company closely evaluated the conversion of significant dairy cattle waste for energy project with an excellent site and operating team in place. After careful analysis GCE determined the supply, PPA per KW and capital costs did not meet its investment criteria. GCE opted not proceed with the Seneca site development.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Update on Global Clean Energy Inc.’s Waste to Fuels Projects
Nov 24, 2014
OTC Disclosure & News Service
Humble, TX -
HOUSTON, TX, November 24, 2014; Global Clean Energy, Inc. (OTC PINK: GCEI) will continue to move ahead with its waste to fuels projects despite lower fuel prices. Revenue will be generated from the production and sale of diesel fuel and tire derived carbon black.
The waste to fuels project will deconstruct both plastic and tires in two separate pyrolysis lines to create transportation fuel and carbon char. GCE’s ability to upgrade and refine Pyroil crude from the pyrolysis process on-site to transportation diesel thus taking advantage of the increased price spread from crude to diesel which can add up to $25 per barrel of fuel produced. Refining on-site combined with stable carbon char prices produces positive IRR even with crude oil below $80 per barrel. “The forecast Brent crude oil price averages $83/bbl in 2015” according to the U.S. Energy Information Administration (EIA) November 2014 report.
Tire derived carbon black is an alternative to oil derived carbon black. There is an anticipated shortage of carbon black in the world wide market. Other factors bolstering carbon black prices are EPA efforts to control sulfur oxide and nitrogen oxide emissions from U.S. carbon black facilities. “Recycling tires into carbon char does not share the emission issues and associated costs as oil derived carbon black and therefore any price increase only benefit our projects”said Steven Mann of GCE.
GCE’s executives will be traveling to the Southeast to meet with city managers to finalize their first waste to fuels project. The meeting is the culmination of approvals to house the project on an existing property that includes a suitable building.
Additionally, GCE is still planning on closing its PGM acquisition by the end of 4th quarter fulfilling their goal of a rich portfolio of projects to convert waste to high value products throughout North America.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy, Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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