GLTV Greenlite Ventures

Symbol:                                            GLTV .ob

Outstanding Shares:         24.4M

Float:                                           12.9M

Greenlite Ventures Inc. (GLTV) is a Hot Penny Stock carbon offset marketing company, founded in 2000 and based in Blaine, Washington, which provides voluntary and compliance markets with solutions to reduce carbon footprint through global restoration projects.

Carbon offsetting is the decreasing of emissions from greenhouse gases or carbon dioxide created to atone or to offset emissions produced elsewhere. Compliance markets, composed of governments or companies on a larger scale, must purchase carbon offsets to conform with the allowance limit of total amount of carbon dioxide it is able to emit as said by the Kyoto Protocol that is  aimed to fight global warming. Similarly, individuals, companies or governments that create the voluntary market, purchase carbon offsetting to reduce personal greenhouse emissions from electricity use or transportation.

In order to mitigate carbon footprint, GLTV’s global restoration project focuses on reforestation, and through its marketing agreement with United Nature, GLTV is planting teak trees in the southern region of Panama. However, GLTV long term goal is to become involved in other carbon offsetting methods such as deforestation and degradation.

Website:  www.greenlitecarboncredits.com

SR&R likes GLTV because:

• Deforestation occurs when forests or stands of trees are removed to convert the land into urban use, farms, or ranches. By not implementing reforestation, damages to the habitat, loss of biodiversity, and aridity occur; GLTV’s current focus is aimed at reforestation with the plantation of Teak plants, known to be disease and forest fire resistant.
• According to environmental scientists, research has concluded that carbon emissions must see an 80% reduction by 2050, to avoid catastrophic climate changes.
• Recent research made by The  United Nations Intergovernmental Panel on Climate Change (IPCC) has stated that global average temperatures is more than likely to rise 1.1 to 6.4 ºC (2.0 to 11.5 ºF) within this century as a result of continued greenhouse gas emissions; GLTV can reduce the greenhouse emissions through its carbon offsetting solutions.
• Carbon offsets are sold and quantified in metric tonnes of carbon dioxide equivalent therefore purchasing one tonne of carbon offsets equates to a one tone reduction of carbon dioxide; GLTV’s exclusive agreement with United Nature allows GLTV to exclusively sell the offsets from latest Panama region reforestation project.
•  GLTV’s reforestation project in Panama consists of 1,700 hectares or estimated 4,200 acres; each hectare removes an annual approximate of 10 tons of carbon from the atmosphere!

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