Green Energy Enterprises Inc. (GYOG)

[Flyguy]

The timing of the board action was due to a particular requirement of Colorado law that was recently satisfied. Prior to that the board did what it could by precluding Mr. Bradley from converting, selling or in any way availing himself of any benefit from the preferred shares. Therefore he did not convert or sell any shares nor will he. As the assertion that a forfeiture is required, that is wrong. We did what we did under Colorado law and there is no one other than the Corporation who can validate his ownership in the company. In short his shares are no longer.

Joseph C. Canouse
Email: [e-mail]

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