GREEN STAR PRODUCT (OTCMKTS:GSPI) has awoken from dormancy this week. GSPI is a company that has not released press in a while but algae-based products are back in the public eye. To review, GSPI changed its business strategy back in mid-2016. So, let’s review.
CEO LaStella stated, “In order to reduce our expenses and increase our exposure to foreign markets the Company adopted a new business strategy wherein GSPI would license other green companies to sell our products and these companies would reciprocate allowing us to sell their green products through GSPI. This is a long term strategy to increase our domestic market and enter international markets without increasing the Company’s financial expenditures. This has worked especially well for GSPI in successfully reducing our operating expenditures by 52% and increasing our profit margins by over 27%.”
GREEN STAR PRODUCT (OTCMKTS:GSPI) is an environmentally friendly public company dedicated to creating innovative and cost effective products to improve the quality of life and the environment. GSPI and its consortium are involved in the production of green sustainable goods including renewable resources such as algae based biodiesel, cellulosic ethanol and other clean-burning biofuels, as well as other green products including lubricants, cleaners, coatings, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants.
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According to the company In February 2014, the President of GSPI received a high-tech loop reactor patent (US Pat. #8648209). The loop reactor is the backbone of highly efficient biodiesel plants manufactured by Green Star Products. Most present day biodiesel production systems require up to three hours and three different processes to convert the various feedstock oils through a transesterification process to produce crude biodiesel. The loop reactor does all these processes in one step and in less than five minutes.
Here are a few other aspects of the business:
Nano-Coatings – advanced coatings (nano-coatings) which offer significant thermal resistance and strong rust protection for industrial applications. These products offer huge energy savings and long term infrastructure protection. The Company has participated in successfully completing a four building project at an important United States military facility in the past. At the same time, we have concentrated heavily on introducing these products into China and other Asian markets.
Nano-lubrication – lubrication and cleaning products for the firearms and machine shops industries are sold by Modern Spartan Systems and also see the TVT Green website. These superior multiple lubrication products have begun to impact several industries. The websites have multiple videos that clearly indicate the advantage of our nano-products. These products have been sold to many military, government and industrial organizations.
GREEN STAR PRODUCT (OTCMKTS:GSPI) came out hibernation Tuesday with a 35% jump and the company could be seeing some news on the horizon. GSPI has a market cap of 1.06M market cap with 660.75M shares out. We figure this is not the last we have heard of GSPI and will update readers soon. Sign-up for continuing coverage on shares of $GSPI stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $GSPI, either long or short, and we have not been compensated for this article.