Sunday, October 4, 2009

GSAE - 'BUY' Rating with a Long Term $14.87 Target Price

Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; "GSAE" or the "Company") ( announced today a new research report has been issued on the Company by Grass Roots Research and Distribution Inc., Wall Street's leading independent research firm, with a "BUY" recommendation and a $14.87 long term price target.

For the full report please visit Grass Roots' website: WWW.GRASSROOTSRD.COM

About Grass Roots Research and Distribution, Inc.:

Led by D. Paul Cohen, Grass Roots Research and Distribution, Inc. is one of Wall Street's ELITE Independent Research Firms. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).

Grass Roots Research and Distribution, Inc. includes PhD's, MD's, six CFA's (chartered financial analyst), three with CPA's (certified public accountant) and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in depth financial analysis, valuations, and management profiles. The Cohen Financial and Valuation Model, is used in all research programs. The model, an analytical and portfolio management system, is a 300,000 cell model in Excel, that contains (20+) equity valuations and three (3) cash flow analytical models. The model covers 9,000 public companies. For more information, readers can visit the company's website at

BEHL Contracted with REW and Comfort Systems

BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) has contracted with REW and Comfort Systems to work in concert with BEHL to provide engineering, rendering, and site build services for the Algae Pro closed loop Photobioreactor installs signed to date. This addition of their unique assets will enable BEHL to bring our latest enhancements to our target market through CAD and animation to fully comprehend both the simplicity and detail of each plan of operation.

Management has further defined the following expanded market categories for the pursuit of new sales of our Patent Pending Algae Pro Photobioreactor.

Anaerobic Digester to Fuel Cell with Algae

Livestock Manure inserted into an Anaerobic Digester which creates Methane Gas and CO2 -- pull both the waste water and the CO2 from the Digester into the Algae Pro Photobioreactor and feed the Methane into the Fuel Cell Technology -- Fuel Cell creates electricity and the waste products from fuel cell are 1) Oxygen 2) CO2 & 3) Nitrogen (of which #2 & 3 are fed into the Algae Pro Photobioreactor).

Targeted strain -- very nutritious Chlorella = 60% starch algae feed to the maker of the manure.