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HOUSTON, TX, September 17, 2014; Global Clean Energy, Inc. (OTC
PINK: GCEI) is updating its shareholders as to recent events regarding its
Chief Financial Officer and Founder.
On September 16, 2014, Kenneth
Adessky, a director and Chief Financial Officer of Global Clean Energy, was
notified that a stay of the suspension of his license pending appeal was
granted by the Court of Quebec. Mr. Adessky has been reinstated to practice law
in Quebec. Global Clean Energy has again
amended its’ 2nd Quarter statement to reflect the decision of the Court
of Quebec in response to the judgment of a Disciplinary Committee of the Bar of
Quebec.
The board of directors of Global
Clean Energy has and will continue to support Mr. Adessky and confirms that the
claim against him was without merit and his handling of the matter was in the
highest regard for his fiduciary responsibility.
Earl Azimov, President and CEO
stated, “We are extremely pleased with the judgment and are looking into the
damage which certain parties have attempted to inflict on our company. We have never as a board doubted the
integrity of Ken or his interests in building value for our shareholders.”
Global
Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing
on using available and developing technologies to convert waste into
commercially viable energy, a process the company refers to as Reforming
Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.). GCE is the
industry's most diversified aggregator and system integrator bringing solutions
to the plastics, rubber, anaerobic digestion and platinum group metals recovery
industries. GCE focuses on existing technologies with a track record to provide
its feedstock network with reliable solutions.
Statements
in this release may be regarded, in certain instances, as "forward-looking
statements" pursuant to certain sections of the Securities Act 1933 and
the Securities Exchange Act 1934, respectively. "Forward-looking
statements" are based on expectations, estimates and projections at the
time the statements are made, and involve risks and uncertainties, which could
cause actual results or events to differ materially from those currently
anticipated, including, but not limited to delays, difficulties, changed
strategies, or unanticipated factors or circumstances affecting Global Clean
Energy, Inc. and its business. There can be no assurance that such
forward-looking statements will ever prove to be accurate and readers should
not place undue reliance on any such forward-looking statements contained
herein. Global Clean Energy Inc. will not republish revised forward-looking
statements to reflect events or circumstances after the date hereof to reflect
the occurrence of unanticipated events.
GLOBAL CLEAN
ENERGY, INC.
Investor Relations
713-852-7474
