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Author Topic: GSPT NEWS
luckylindy
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NEWS! Terralene Fuel Provides Most Comparable Mileage to Gasoline Over Other Alternative Fuels
NEW YORK, May 18, 2011 (GLOBE NEWSWIRE) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT - News) reports that its wholly owned property, Terralene(R) Fuels, a proprietary patented fuel formulation that can replace gasoline as a stand alone fuel or fuel additive has completed numerous test runs on different makes of vehicles. Terralene's fuel composition is 55% petroleum based and 45% from renewable energy sources.

In-house beta testing of Terralene as a fuel alternative was conducted in vehicles like the Mazda3, Pontiac HHR, Ford Explorer, Ford Pick-Up Truck, Honda Pilot and the Jaguar Vanden Plas over periods ranging from one week to one year. All of the vehicles tested responded extremely well to the fuel with no negative effects. Drivers felt that the engine had more power than usual and ran quieter than normal. Unlike other alternative fuels, vehicles using Terralene do not need any engine modifications.

In addition, while most vehicles fueled with biofuels and compressed natural gas (CNG) emit less carbon emissions than gasoline, which Terralene also does, they do not provide the same mileage for the amount of fuel used in a vehicle as gasoline. Terralene provides almost exactly the same mileage distance that gasoline does, making Terralene a more convenient and economical fuel alternative for the future.

"The results were extremely encouraging and reconfirms how viable Terralene is as an alternative fuel," states Jaclyn Cruz, President of the Company.

About Terralene Fuels

Terralene(R) is a patented, proprietary, alternative fuel formulation which reduces greenhouse gases and other environmentally damaging emissions which are prevalent in existing gasoline combustion engines. Although the formulation is somewhat based on fossil fuels and other non food chain agricultural components, it is designed as a Green and Clean Alternative Renewable Fuel. The internationally known law firm of Gowling Lafleur Henderson LLP is retained to manage the Terralene Patents and Trade Marks.

Visit our site: www.terralenefuels.com

/s/ Jaclyn Cruz
Jaclyn Cruz, President

For further information contact: 1-888-488-6882

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Golden Spirit's filings with the Securities & Exchange Commission.

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beacher
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Good news today waiting on that break away [Smile]
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sycoblonde
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GSPT - with the news release this am this one should be one to keep your eyes on - a real winner imo
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wolyton
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NEW YORK, May 18, 2011 (GlobeNewswire via COMTEX) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT) reports that its wholly owned property, Terralene(R) Fuels, a proprietary patented fuel formulation that can replace gasoline as a stand alone fuel or fuel additive has completed numerous test runs on different makes of vehicles. Terralene's fuel composition is 55% petroleum based and 45% from renewable energy sources.

In-house beta testing of Terralene as a fuel alternative was conducted in vehicles like the Mazda3, Pontiac HHR, Ford Explorer, Ford Pick-Up Truck, Honda Pilot and the Jaguar Vanden Plas over periods ranging from one week to one year. All of the vehicles tested responded extremely well to the fuel with no negative effects. Drivers felt that the engine had more power than usual and ran quieter than normal. Unlike other alternative fuels, vehicles using Terralene do not need any engine modifications.

In addition, while most vehicles fueled with biofuels and compressed natural gas (CNG) emit less carbon emissions than gasoline, which Terralene also does, they do not provide the same mileage for the amount of fuel used in a vehicle as gasoline. Terralene provides almost exactly the same mileage distance that gasoline does, making Terralene a more convenient and economical fuel alternative for the future.

"The results were extremely encouraging and reconfirms how viable Terralene is as an alternative fuel," states Jaclyn Cruz, President of the Company.

--------------------
what i post is my opinion

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luckylindy
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GSPT news out: NEW YORK, May 19, 2011 (GLOBE NEWSWIRE) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT - News) reports that the Company has prepared a budget and proposal as per the request of the Library of Guangxi Zhuang Autonomous Region Giu Lin Su Qiao Development Zone Co. Ltd. (LGSR) to develop and market Terralene Fuel in Guangxi, China. LGSR is a state owned Company based in Guangxi.


The proposed joint venture between the Company and LGSR calls for an investment of US$2 Million by LGSR, which will allow for the construction of a blending facility, holding tanks, land, building and blending components as well as working capital. The blending facility will produce approximately 4.3 million gallons of Terralene per month which is in line with LGSR's mandate in developing an alternative fuel that will not only assist in reducing China's carbon emissions problem but is economically viable as well to the consumer.


"This joint venture will be a very big step towards getting Terralene Fuel recognized and used in the fuel market," states President, Jaclyn Cruz. According to news agency, Headlineauto, "With China's government considering proposals to invest around 100 billion yuan (US$15 Billion) into the alternative fuel vehicle market, reports of the country's central government's desire to place China as the world's leading market for alternative-energy vehicles by 2020, and China's National Development and Reform Commission comments that it was looking to subsidize the purchase of at least four million alternative energy vehicles by 2012." We view this as a very positive step for our Company.


About Terralene Fuels


Terralene(R) is a patented, proprietary, alternative fuel formulation which reduces greenhouse gases and other environmentally damaging emissions which are prevalent in existing gasoline combustion engines. Although the formulation is somewhat based on fossil fuels and other non food chain agricultural components, it is designed as a Green and Clean Alternative Renewable Fuel. The internationally known law firm of Gowling Lafleur Henderson LLP is retained to manage the Terralene Patents and Trade Marks.


Visit our site: www.terralenefuels.com


/s/ Jaclyn Cruz


Jaclyn Cruz, President

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wolyton
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NEW YORK, May 19, 2011 (GlobeNewswire via COMTEX) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT) reports that the Company has prepared a budget and proposal as per the request of the Library of Guangxi Zhuang Autonomous Region Giu Lin Su Qiao Development Zone Co. Ltd. (LGSR) to develop and market Terralene Fuel in Guangxi, China. LGSR is a state owned Company based in Guangxi.

The proposed joint venture between the Company and LGSR calls for an investment of US$2 Million by LGSR, which will allow for the construction of a blending facility, holding tanks, land, building and blending components as well as working capital. The blending facility will produce approximately 4.3 million gallons of Terralene per month which is in line with LGSR's mandate in developing an alternative fuel that will not only assist in reducing China's carbon emissions problem but is economically viable as well to the consumer.

"This joint venture will be a very big step towards getting Terralene Fuel recognized and used in the fuel market," states President, Jaclyn Cruz. According to news agency, Headlineauto, "With China's government considering proposals to invest around 100 billion yuan (US$15 Billion) into the alternative fuel vehicle market, reports of the country's central government's desire to place China as the world's leading market for alternative-energy vehicles by 2020, and China's National Development and Reform Commission comments that it was looking to subsidize the purchase of at least four million alternative energy vehicles by 2012." We view this as a very positive step for our Company.

--------------------
what i post is my opinion

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