GRAPEVINE, Texas--GREENHUNTER ENERGY, INC. (NYSE Amex: GRH), a diversified renewable energy company focused on biomass power generation, biodiesel development, and wind and solar energy projects, announced today financial and operating results for the three and six months ended June 30, 2010.
Net loss to common shareholders from continuing operations for the three months ended June 30, 2010, including one-time items, was $1.5 million ($0.07 loss per common share) compared to a net loss of $1.1 million ($0.06 loss per common share), from continuing operations, in the second quarter of 2009.
(The success of the biodiesel fuel industry relies heavily on biodiesel testing <http://www.youtube.com/watch?v=s32Ke2VzrqU>, not only at the production level but at the consumer level, where degraded fuel may cause engine failures. Of major concern to diesel and biodiesel users is the very real possibility that water has contaminated their fuel. (See http://www.youtube.com/watch?v=0YcczdvPyAk). The potential catastrophic impact of this problem is discussed at length in this video at: http://www.youtube.com/watch?v=-lh4qhXc_5s&feature=youtube_gdata.
Fleet Fuel's family of inexpensive biodiesel test kits is just a click away on the internet at:
<http://fleetbiodiesel.com/biodiesel_testing_and_supplies.html>)
