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Re: FlushBJ-420 post# 8300

Thursday, 04/17/2014 12:00:56 AM

Thursday, April 17, 2014 12:00:56 AM

Post# of 39360
I would assume all of these projects would be covered by partners in exchange for meeting certain milestones. However, given the lack of insight on the structure/T&Cs of these agreements, it is impossible to tell.

I have 3 scenarios:

1) Private loan (Bank or private investor)
2) Costs partially covered by partners in exchange for execution of certain miles stones
3) Issuing more shares - if this is the route, I would say GCEI management is clueless. They should be doing everything in their power (legal) to push the pps.

I hold a small position and will continue to hold as a lottery pick.

However, I continue to be discouraged by the lack of transparency. The opportunity is there, but can they execute? Only time will tell.