OTC and Pink Due Diligence

[XenaLives]

GESI - It's crooked lawyers and accountants that keep these shells circulating.
They haven't even decided on a technology yet?

From their home page:

Green Energy Solution Industries, Inc., (GESI) is an Alberta Canada based Corporation which is a publicly traded on the OTC Markets Pinksheets currently as GESI.

GESI was incorporated in 2007 and has undertaken project development in Alberta Canada for the creation of a waste wood to energy project. GESI began the project development through years of wood waste potential for energy creation in Western Canada.

The vastly available supply of wood waste as a feed stock for fuel in Western Canada, was narrowed down by GESI to be to utilize waste railway ties (WRT), which is abundant on a yearly basis through ongoing replacement of ties by railroads and servicers.

GESI was recently awarded a grant by Alberta Energy for the development of a feasibility study for the use of waste wood, including rail ties, for the creation of electricity or bio-fuels. GESI has completed significant parts of such study, while at the same time GESI was able to secure strategic relations and contracts to make the project a reality.

GESI now has the backing of a solid feasibility study, identified and secured long term WRT supply, strategically located project site, and is currently taking proposals for bids for the best technology for the project. In sum, GESI has realized from feasibility to current implementation of what it was charged with at the beginning. Namely to create economic stimulation, creation of jobs, removal of toxic waste, creation of energy, and add to Canada’s ever increasing renewable energy sources.

MacKay is a money guy - specialty is taking companies public - not running them.

Gordon MacKay, CEO

Gordon MacKay has worked in the renewable green energy sector for the last 7 years; raising capital for bio-fuels projects. He is currently working with Global Tech Environmental Pty. Ltd. securing funding for green energy projects worldwide. Mr. MacKay is a shareholder and consultant with Columbia Basin Bio-Fuels who currently have projects in the United States and he has been instrumental in advising public companies and raising capital for a multitude of ventures and was the co-founder of 3-D Shopping. Mr. MacKay was responsible for raising the seed capital required and instrumental in taking the company public in on the OTC.BB. Mr. MacKay raised $15 million taking 3-D Shopping to the American Stock Exchange where the company reached a market cap of over $100 million.

Through mid 2005, Mr. MacKay served as Managing Director of Inter Capital Group, LLC; a merchant banking boutique. Throughout his career, Mr. MacKay has assisted in raising over $300 million in capital for his clients in over 50 transactions. With over 20 years experience in finance and investment banking, Mr. MacKay has been the key force in identifying and executing fund raising and merger activity for many companies.

Whitworth doesn't have any energy experience either - his claim to fame seems to be pencil pusher.

Chris Whitworth, Managing Partner

Chris has been involved in start-up companies for the past 20 years ranging from contracts for the cleanup of the Exxon Valdez oil spill, to contracts with the Environmental Protection Agency (EPA) for environmental remediation sites in Washington State and Montana. He has been active in the construction industry as a construction manager and has worked extensively in contract negotiations with suppliers, sub contractors, contract bidding and project development and project completion.

Mr. Whitworth has also worked with governmental agencies such as the Corp. of Engineers, Department of Fish and Wildlife, and other city and state of Washington governmental agencies in permit acquisitions. Chris has acquired permits and contracts in Mexico with the State of Baja Sur to certify water quality and fishing rights for the exportation of seafood products. Chris will be responsible for all governmental correspondence, liaison and communications during the project feasibility study and during the construction build out of the plant.

http://www.gesienergy.com/management.html