Green Mountain Development Corp (GMND)

[lbman]

just as I thought, you have none!



this is the only reference I have been able to find that adresses ownership.




"EMLL could be a good one the rest of the week
EL MANIEL INTERNATIONAL INC, under its subsidiary company known as EMLL ENERGY LTD owns an oil terminal facility located in Luzerne County, Pennsylvania. The facility wholesales energy products such as No2 heating oil and kerosene in five storage tanks with a capacity of over 2 million gallons. The oil terminal facility is officially known as the Beach Haven Terminal which is located at RT. 11 in the town of Berwick, Pennsylvania.


The facility has five above ground tanks with a storage capacity of over 2.5 million gallons serving the northeastern seaboard. Within 150 miles of the facility there are approximately 6 million homes that use heating oil. The terminal has received refined products from pipelines and barges as well as trucks and distributes them to third parties and independent heat oil companies, who deliver them to home owners and retail outlets as well as commercial outlets. The Company provides storage and inventory management, distribution and other ancillary services. The facility is equipped with top load injection, buttonlock, to trucks. The terminal has extensive pipeline connections that have been installed by Sunoco for the delivery of fuel and was part of the Sunoco's eastern pipeline system. The pipeline was operational prior to the Company's purchase of the terminal.


The Beach Haven Oil Terminal is a heating oil facility that sits on 5 acres overlooking the scenic Susquehanna River, adjacent the railroad tracks, with 5 above ground storage tanks totaling 2.5 million gallons of capacity. The terminal has extensive SUNOCO pipeline connections on site that are currently open for the delivery of fuel and is part of the SUNOCO eastern pipeline system. The pumping system is a "top load", "button lock" system. There is no debt against the facility. There are no outstanding liens or mortgages. The taxes are paid and current with Luzerne County. In addition to offering heating oil services in Luzerne County, the future of the company includes production of biodiesel to help satisfy the state's new biofuel mandate. Everyone acknowledges the need for domestically produced, renewable fuels to lessen America's dependence on foreign oil. Biodiesel is a liquid fuel than can be used in a wide variety of diesel-powered vehicles without modifications to the engine. It burns cleaner with reduced emissions, promotes better fuel economy and lubricates diesel engines better than traditional diesel fuel. We believe that Pennsylvania's new biodiesel mandate will increase the use of biodiesel in Pennsylvania and will build a new sustainable industry in Pennsylvania. This oil terminal is geographically positioned to be one of the main producers for biofuel in this state."

Thanks it's always a pleasure to engage in civil discourse