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GLTV

GLTV Is Today's Low Float Breakout Alert

Company: Greenlite Ventures Inc.

Symbol: GLTV.ob

Current PPS: $0.22

10 Day Avg. Volume: 26.4K

Outstanding Shares: 24.4M

Float: 8.05M (Low Float)

Website: www.greenlitecarboncredits.com

About the Company:

Greenlite Ventures Inc. (GLTV.ob) is a carbon offsets marketing company. GLTV markets carbon offsets through their newly launched website to voluntary markets where no verification is required.

GLTV has the exclusive agreement to sell offsets generated by United Nature.

United Nature owns and manages sustainable teak plantations and invests in buying rain-forest for reforestation. Their projects are located in Darien Province, Panama.

GLTV has long term plans to market and sell verified Deforestation and Degradation (REDD) carbon offsets from global restoration projects. GLTV will focus on reforestation, ideally with producers, similar to United Nature who provide work opportunities and benefits to the indigenous people.

Greenlite's longer term plans also include seeking to join carbon exchanges and marketing other forms of verified carbon credits.

In 2010 the global carbon market was estimated at $141.9B and continues to grow at an alarming rate of around 10% per year.

Through the recent launch of their website GLTV has completed a major step towards their goal of capturing a large share of growing carbon offset market.

GLTV has recently entered into a 6 month consulting agreement with Mirador Consulting LLC. The Agreement between the two went into effect on March .6, 2012.

GLTV can expect Mirador to enhance their profile as they begin selling carbon offsets via their recently launched website.

The agreement has the potential to very beneficial GLTV's growth in the near future. As Mirador will assist the company with their goal of enhancing their visibility in the financial community by introducing GLTV to various securities dealers, investment advisors, analysts, funding sources, and other members of the financial community with whom Mirador has established strong relationships with.

This alert could not have come at a better time.

Looking at the chart below you will see that GLTV has bottom'd out, giving traders the opportunity to pick up shares of this rapidly growing company in a budding market at a ground floor PPS of just $.22



We are putting GLTV on HIGH ALERT.

We suggest all members keep a close eye on GLTV throughout the day.

Follow PennyStockLocks on Facebook and Twitter for the latest news and updates on GLTV!!!

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