True Green Energy Group (TGEG) is now a publicly traded company on the Frankfurt stock exchange in Deutschland, Mr. Ronald Shane Flynn (the CEO and founder of TGEG) declared last October 22, 2010. On the FSE its shares will be quoted. The isin number is ca8724191066 and can be viewed by clicking the following associate as listed on the Friedrich Wilhelm Nietzsche Bose website of the fse and the trading symbol for the company is tgg.
Below is the website link to view the transparency and market segment of TGEG.
http://deutsche-boerse.com/dbag/dispatch/en/kir/gdb_navigation/lc
TGEG produces sustainable energy such that it tailors to the needs of the present without compromising the ability of future generations to match their needs. Sources of sustainable energy are considered as renewable sources, in the case of True Green Energy Group since it utilizes Municipal Solid Waste to produce clean green energy. The system being employed is Global Environmental Energy Corp's MK-V which TGEG holds a license granted by Global Environmental Energy Corp. (Deutsche BORSE:GLI.F, and OTC Bulletin Board: GEECF, geecfdotru)
TGEG possesses a contract to obtain Biosphere machines from Biosphere Development Corporation allowing it to shell out an operating royalty and profit share to Global for each and every of its deployed Biosphere Systems. This system will create clean green energy without having harmful emissions, in addition to efficiently recycling garbage of any kind with the exception of nuclear. Green energy is made by shredding it and then having it pelletized. When the pellets have been completely made you merely feed the pellets into the Biosphere chamber which creates clean green electricity. A fuller picture of this could be seen by merely looking into True Green Energy Group's website at tgegdotasia.
TGEG known as the promoter of world power and green energy technologies and is particularly the majority shareholder of Spectrum Blue Corporation, realized early on that with the amount of new contracts being signed worldwide that it would have to go public so that they can raise the capital needed to comply with its current demands to deploy the Biosphere MK - V and also the Material Recycling Facility.
The present cost to deploy the entire system is "$20,000,000" Twenty Million United States Dollars. TGEG/SBS have the prospect to set up significantly more than 180 Biosphere facilities in Philippines and Brazil. Recently, True Green Energy Group and its associates Voga Brasil travelled to Brazil to discuss with a number of government officials. The aftermath of these meetings was very successful as MOA have been signed and full contracts to sell and deploy are being drawn up.
The Manufacturing and patent holder of the Biosphere MK - V is the Biosphere Development Corporation that has at present started the process in numerous countries to date. The specifics driving the first Biosphere to be deployed in San Fernando, Philippines is awe-inspiring and action-provoking because of all its municipal and governmental contracts with local mayors and cities.
Based on the 2000 Census Bureau Report in San Fernando, Pampanga, Philippines, it stipulates that it has a population of 221,857 people in 43,649 households which is actually centrally located at 67 kilometers north of Manila, 50 kilometers east of Subic Bay at the Zambales Province, and 16 kilometers south of Clark Field in Angeles City.
The municipality of San Fernando, Pampanga has a contract with True Green Energy Group. TGEG is to provide clean green electricity to the grid for the city's progress. In the current contract, TGEG will receive 80% of the revenue while the City of San Fernando Pampanga will receive 20%. TGEG and SBS have a binding contract with the said landfill site in the city for twenty five years and will recycle all their garbage and additionally supplying electricity on the power grid, successively after going public. TGEG had requested ValuCorp; an evaluation firm to provide an assessment of the company and what it's value is together with its combined historical and probable financial statements in conjunction with the Actual December 31, 2009 tax return, ad estimated through December 31, 2010 as projected through December 31, 2014 and the calculation of fair market value as of September 28, 2010.
ValuCorp Calculation of Fair Market Value expressed an estimation of $$5,235,215,734 which was based from all the information given by True Green Energy Group and Spectrum Blue Steel Corporation plus other sources of information by Voga Brazil that ValuCorp considered to be as an appropriate analysis. The company revenue was based on the existing sites in the Philippines such as in San Fernando, Santa Rosa, Naga, Dumaguete, Tanjay, and Bayawan City. Additionally, cities in Brazil such as Goiania, Goias, Cristalina, Rio de Janeiro, Palmas and Tocantins.
TGEG-SBS and Voga Brazil will be signing over thirteen international contracts this November with government officials of Brazil for the high priority deployment of the MRF and Biosphere MK-V. Voga Brazil Director, Thiago Marques Dos Reis declared, ". . . that he believed that Voga would sign a minimum of 42 biosphere contracts by November 1, 2010".
TGEG; a Canadian Corporation with offices in the Philippines, Sweden, Seychelles, Hong Kong, London and Brazil has its corporate headquarters in the Philippines which is located in Makati and Clark, Pampanga.
Dr. Reza Arabpour, an Economics and Management PhD holder told, "That as a financial advisor for TGEG and a man who has lived in the Philippines for more than 30 years, he believed the report by Michael Gilburd was fair and accurate. However from what has recently transpired in Brazil and of course, the new listing on the FSE the value should be much higher". Michael Gilburd holds degrees as an ASA, MST, CPA and as an Accredited Senior Appraiser and trusted member of the American Society of Appraisers valucorpdotcom and has sent in his resume to TGEG as a potential candidate for C.F.O.
TGEG has employed the "Electric Power Industry Reform Act of 2001 under the Republic Act No. 9136 to build a new green energy power corporation. R.A. No. 9136 is the law which mandates the restructuring of the electric power sector and the privatization of the National Power Corporation.
This "Green Energy Option" will allow consumers to choose renewable energy in meeting their energy requirements on their Utility Electrical grid or on the grid. Likewise, local governments and provinces have become partners with Spectrum Blue Steel in order to accelerate the Biosphere deployment in 2010. The National Transmission Corporation (TRANSCO) pursuant to Republic Act 9136 will be accountable for the planning, construction, and centralized operation and maintenance of all the high voltage transmission facilities, including grid interconnection and ancillary services.
A feed-in tariff system for electricity generated from biomass was mandated to hasten the development of TGEG - Spectrum Blue Steel's emerging renewable energy resource. Concerning this, the Energy Regulatory Commission (ERC) in alliance with the National Renewable Energy Board (NREB) created under Section 27 of the Act formulated and promulgated a feed-in tariff system. SBS/TGEG now have priority connections to the grid for electricity produced from the emerging renewable energy resource consenting the Biosphere power plants and certain territories and cities to be owned by Spectrum Blue Steel and True Green Energy Group for the next 25 years with the right to renew the green energy agreements for an indefinite period.
A feed-in tariff system for electricity made from biomass was mandated to accelerate the expansion of True Green Energy Group – Spectrum Blue Steel's burgeoning renewable energy resource. Regarding this, the Energy Regulatory Commission (ERC) in consultation with the National Renewable Energy Board (NREB) created under Section 27 of the Act formulated and promulgated this feed-in tariff system. TGEG/SBS now have priority connections to the grid for electricity produced from the emerging renewable energy resource allowing Biosphere power facilities and certain territories and cities to be owned by Spectrum Blue Steel and True Green Energy Group for the next 25 years with the right to indefinitely renew the green energy agreements.
In fact, most responsible people are going green in vehement effort to salvage the planet. Imagine the impact of the British Petroleum Oil spill, the gulf area will have to live with that oil even after the beaches have been cleaned. Several residents are infuriated that BP has been discarding greasy waste in their landfills.
After BP crews lift or serve out the oil off Gulf beaches, the waste is transferred to Mississippi's Pecan Grove landfill. Though they have protective suits, gloves, shovels, rakes, and anything else that touches oil is buried there.
Harrison, Mississippi's Board of Supervisors made an announcement stating that they wouldn't want any BP waste in their community but there is minimal they can do. BP has made a deal with Waste Management, owners of the landfill said. They counter to the state instead of local county government.
President of the Board of Supervisors; Connie Rocko told CNN's Randi Kaye, "We don't want it. It is valuable landfill space and hazardous to our citizens. Take your waste somewhere else or please find an alternative."
Bottom line is True Green Energy Group is the perfect option and our company will be more than happy to take all the harmful waste from the BP and properly dispose it by using the biosphere gasification process.
The biosphere system can suitably be recycled and get rid of garbage with zero emission like Municipal Solid Waste, Automobile and Truck Tires, Petroleum and Polychlorinated, Biphenyl (PCB) Waste, Agricultural Surpluses, Animal Waste, or Animal Parts Waste and effluents, additionally Industrial Waste, Sour or Wet Natural Gas without refining, Soil-contaminated Waste, Land Fill Reclamation, Traditional Fossil Fuels, including sulfur, contaminated coal and untreated Shale oil, Petroleum drilling waste such as oil-contaminated Top Soil, Drill Cuttings and Oil-contaminated Ground Water from the ocean.
The approach of TGEG/SBS is to "de-carbonize" the electric power generation industry by changing to non-fossil fuel-based energy sources, specifically energy-from-waste. This goes by the American Energy Policy Act of 2005 which confirmed energy-from-waste is renewable, and the Philippine Renewable Energy Law (RA 9513) of the Philippines.
True Green Energy Group and Spectrum Blue Steel are domestic corporations lawfully registered under the Philippine laws and holds a license to the Biosphere Technology from Global Environmental Energy Corporation (OTC Bulletin Board: GEECF). Global is a fully incorporated energy company whose interests include electrical power generation, oil and gas exploration and production, clean coal and waste management technologies.
This press release includes highly-developed information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections.
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