Green Energy Live Terminates Potential Acquisition
February 15 2011 - 4:14PM
Business Wire
On September 27, 2010, Green Energy Live, Inc. (OTCBB: GELV)
announced it has updated its Letter of Intent to acquire Peck
Electric. Green Energy Live was unable to secure financing to
complete the acquisition, and the Letter of Intent has expired. At
the time that Green Energy Live is able to secure potential
financing, it will undertake new discussion with Peck Electric.
This press release may contain certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended that are intended to be covered by the safe
harbor created by such sections and other applicable laws. Such
forward-looking statements include, without limitation, plans and
expectations regarding the development of GELV's gasification
technology and other projects and operations. GELV has tried,
whenever possible, to identify these forward-looking statements
using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "potential" and similar expressions.
Where the Company expresses or implies an expectation or belief as
to future events or results, such expectation or belief is
expressed in good faith based upon currently available information,
and is believed to have a reasonable basis. However,
forward-looking statements are subject to risks, uncertainties and
other factors, which could cause actual results to differ
materially from future results expressed, projected or implied by
such forward-looking statements.
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