Dallas, Texas (August 10, 2011) – StockGuru Shines its Spotlight on GreenHouse Holdings, Inc. (OTCBB: GRHU) (“GreenHouse”), a San Diego, California-based integrated energy solutions provider and developer of eco-friendly infrastructure. The Company announced yesterday that it believes its current product offerings can benefit from the legislated cost cutting efforts in the Defense budget. The Company is poised to financially benefit from the Department of Defense’s focus on energy saving products and rapidly deployable structures, both of which GreenHouse can offer to the DOD to provide significant cost cutting opportunities compared to the more traditional alternatives the DOD is currently utilizing. The Company closed on August 9, 2011, at $0.71, trading on extremely light volume and in a fifty-two week range of $3.85 – 0.45.
“Fossil fuel is the No. 1 thing we import to Afghanistan, and guarding that fuel is keeping the troops from doing what they were sent there to do…” Quoted Ray Mabus, Secretary of the Navy. The secretary went on to say that he intends to see that 50% of the power for the Navy and Marines comes from renewable energy sources by the year 2020, as outlined in the Strategic Sustainability Performance Plan.
The Company believes the DOD shifting from brick and mortar construction to more rapidly deployable modular energy efficient buildings, like the Rapidly Deployable Unit (RDU) and mandating a push towards energy efficiency in the Strategic Sustainability Performance Plan will drive business directly to them. Overall, the company believes the drive to cut overhead and redundancies in the Department of Defense can be a catalyst for further growth for their government contracting and energy business.
Mr. Mabus continued: “The Strategic Sustainability Performance Plan is the DOD’s Department-wide strategy that lays out its goals and performance expectations for the next decade, establishing the path by which DOD will serve as a model of sustainability for the nation. The Department envisions that the primary path to reaching its sustainability goals will be to reduce its reliance on fossil fuels through energy efficiency and renewable energy. If not addressed the costs can be measured in lost dollars, in reduced mission effectiveness, and in U.S. soldiers’ lives.”
CEO John Galt stated, “We believe the legislation passed uniquely positions GreenHouse to help our country lower spending by offering cost effective solutions across a number of Defense verticals. The importance of the shift towards sustainability carries a much larger significance than just reducing budgets, it will save lives on the battlefield.”
GreenHouse Holdings was awarded a $150 million facility construction contract by a private entity to build various training facilities in Central Florida in June. As this facility continues towards completion, the Company believes the cost saving variables it offers to the DOD will be on display for potential future contracts.
There is also precedent to support GreenHouse’s optimistic outlook on the affect of government spending cuts. Back in 2010 spending cuts by the UK government had a surprising affect on the sustainable construction industry. UK Green Building Council survey showed the “normal” building industry had suffered but the sustainable building sector had grown as a result of the cuts.
About GreenHouse Holdings, Inc.
GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the company develops, designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions. For more information, please visit: www.greenhouseintl.com or the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company’s current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by GreenHouse Holdings, Inc. are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company’s expectations include, but are not limited to, those factors that are disclosed under the heading “Risk Factors” and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
To view this StockGuru Spotlight, please visit: http://www.stockguru.com/category/latest-spotlights/
To get free alerts on this and other similar stocks, please register here:
What is the StockGuru Spotlight?
Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.
StockGuru looks for potential break-out candidates in The StockGuru Spotlight. Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage. There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below. StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.
To feature a company in The StockGuru Spotlight please contact the Publisher at firstname.lastname@example.org. If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile. Please contact the StockGuru Publisher John Pentony at this email address: email@example.com.
Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage. When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present. Additionally SG also discloses any anticipated compensation in the future. Compensation is typically in cash. Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
John Pentony, Publisher, Stockguru.com
Tel: +1 469 252 3031