Solar Wind Energy Tower Inc. (fka SWET)

[Cycleman]

According to its most recent Q, SWET had $57,385 in cash as of September 30. Under the option agreement for the purchase of the San Luis property, by December 14, it's got to either exercise the option or pay a $250K non-refundable/not applicable to the purchase price extension fee that will hold the property for another six months.

Anyone know where the money's coming from?

Maybe it's got another convertible deal up it's sleeve like the one it apparently did in August with KBM Worldwide for $250K. That one's convertible at KBM’s option at a 42% discount to the average of the three lowest closing bid prices of the common stock during the 10 trading day period prior to conversion. No 8K for that one (interesting) but it is disclosed in the Q.