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Nebula Stocks LLC: Nebulastocks.com GSAE Green Star Updates Dividend Process

Nebulastocks.com is pleased to offer a hot stock alerts service. Investors can receive FREE Stock Alerts by visiting the following link: http://www.nebulastocks.com/

Today's hot alert includes :Green Star Alternative Energy, Inc.

Source: Green Star Alternative Energy, Inc.

On 9:08 pm EDT, Friday October 30, 2009 Green Star Alt Egy Green Star Alternative Energy, Inc.

SAN DIEGO--Green Star Alternative Energy, Inc. (Pink Sheets: GSAE - News) ("GSAE" or the "Company") (http://www.greenstarae.com) announces that the Company is working diligently to complete the process of establishing a Record Date and a Payment Date for the Company's planned common stock dividend of three common shares for every four common shares held by stockholders. The Record Date and the Dividend Date have not yet been established. The Company's management believes that the stock dividend may provide a benefit to our existing shareholders, including those who have financed the Company through its ongoing development. As of the date of this release, GSAE has approximately 16,250,000 publicly traded shares and a total of 26,250,000 shares outstanding.

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