Wall Street News Alert Issues Special Alert on GRCO! July 14, 2008

Wall Street News Alert's "stocks to watch" this morning are: Greenbelt Resources Corporation (PINKSHEETS: GRCO), Petrobras (NYSE: PBR), ConocoPhillips (NYSE: COP) and Transocean Inc. (NYSE: RIG).

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There is important news coming from Greenbelt Resources Corporation (PINKSHEETS: GRCO) and the company should have the attention of investors looking to possibly benefit from the alternative energy sector! Recently the company issued a press release announcing that it has received a purchase order to build and operate a 1.5 million gallon plant in Omaha.

Great news for the company! The ethanol will be produced entirely from the waste byproducts of tortillas, bread, and cereal production. Diversified Ethanol will own 20% of the plant for the life of its operation, and the customer has plans to build additional plants as well.

Diversified Ethanol will build several highly efficient ethanol plants, using new, innovative technology such as membrane separation. The plants will be scalable utilizing the most cost effective and efficient building composites and optimum ethanol extraction processing. The basic plant design relies on the proven proprietary technology developed by Floyd Butterfield. Typical corn-based ethanol plants struggle with the high cost of feedstock, acid hydrolysis, and wet cake drying. Diversified Ethanol's plant designs are not limited by these feedstock, processing or drying issues, producing ethanol from existing waste products, previously being thrown away. As a result, the profit margins on these smaller plants designed by Floyd Butterfield are higher than traditional large scale plants.

Investors are urged to continue to monitor the progress of the company! This month, the company and CEO Scott Pummill also announced that Diversified Ethanol Corporation, a wholly owned subsidiary of Greenbelt, has secured several ethanol plant build design-wins in the multi-millions of dollars, in multiple State locations. Since Scott Pummill's assumption of office at Greenbelt, Diversified Ethanol has been able to secure these wins based upon creative financing and state-of-the-art technology as developed by Floyd Butterfield. Prior to being hired by Greenbelt Resources, Mr. Pummill specialized in novel renewable energy financial packaging.

The stock closed Friday at Seven cents a share.

For Wall Street News Alert's in-depth profile of Greenbelt Resources, visit http://www.WallStreetNewsAlert.com/HotStocks/GRCO071308/default.aspx .

Petrobras (NYSE: PBR) down 0.05% on 16.7 million shares traded. Petroleo Brasileiro S.A., through its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks. The company supplies oil, liquefied natural gas, and natural gas to refineries in Brazil, as well as sells surplus production in Brazil and foreign markets.

ConocoPhillips (NYSE: COP) down 2.1% on 14.1 million shares traded. ConocoPhillips is an integrated petroleum company with interests around the world.

Transocean Inc. (NYSE: RIG) down 1% on 4.9 million shares traded. Transocean Inc. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide.

Market Commentary:

"Gold prices rose Friday, making their largest advance since first hitting $1,000 earlier this year, after another record crude rally and a tumbling stock market led jittery investors to the safety of hard assets," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com .

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