is...(Never argue with fools. They will drag you down to their level and beat you with experience.)
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$CGEI News, almost entire O/S RESTRICTED!!! NO SHARES!
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
$CGEI News, almost entire O/S RESTRICTED!!! NO SHARES!
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
$CGEI News, almost entire O/S RESTRICTED!!! NO SHARES!
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
About CGE Energy
CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. http://www.cgeenergy.com
This press release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this press release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results to differ materially from those projected in the forward-looking statements.
$CGEI almost entire O/S RESTRICTED!!! NO SHARES!
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
About CGE Energy
CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. http://www.cgeenergy.com
This press release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this press release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results to differ materially from those projected in the forward-looking statements.
$CGEI almost entire O/S RESTRICTED!!! NO SHARES!
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
About CGE Energy
CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. http://www.cgeenergy.com
This press release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this press release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results to differ materially from those projected in the forward-looking statements.
$CREE Partner $CGEI Major Expansion small SS
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
http://www.otcmarkets.com/stock/CGEI/news
$CGEI Major Expansion small SS
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
http://www.otcmarkets.com/stock/CGEI/news
$CGEI Major Expansion small SS
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
http://www.otcmarkets.com/stock/CGEI/news
$CGEI Major Expansion small SS
CGE Energy Announces Post Merger Insider Share Structures
BRIGHTON, Mich., Oct. 16, 2015 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI) announced today that its directors, officers and principal owners currently represent a majority of shareholders and that the public float is currently 2,662,000 shares.
At the time of the CGE Energy’s acquisition with McKenzie Bay International (MKBY), MKBY had a 300 million shares authorized with a maxed out 300 million issued and Outstanding Shares (O/S) prior to the reverse split.
As part of the merger, MKBY then executed a 1-for-25 reverse split, reducing its maxed out O/S to 12 million. Also as part of the merger, MKBY reduced Authorized Shares (A/S) from 300 million to 92 million. MKBY then issued 50 million shares to Clean Green Energy LLC (CGE-LLC) members to acquire their 1,000,000 CGE-LLC shares, for a total post-merger O/S of 62 million.
As reflected in CGE Energy’s 6/30/2015 quarterly financial statement, Authorized Common Stock equaled 92,000,000, and issued and Outstanding Shares equaled 62,200,000. Between the time of the merger to June 30, 2015, 200,000 shares were issued to parties exercising stock options. Also released within the statement was information that free trading shares equaled 5,768,000, ten beneficial shareholders held a collective 45,722,196 shares, and there are 297 Direct Shareholders of record.
All 50 million shares issued to CGE-LLC owners are restricted from trading and cannot be sold at this time. Commitments have been made by shareholders to withdraw their shares from the free trading float. The public float, meaning those shares that can be currently traded in the market, is currently a mere 2,662,000 shares, as updated September 15 on OTC Markets.
CGE Energy directors, officers and principal owners represent current majority shareholder ownership as of the June 30 quarterly report.
Bryan Zaplitny - Director, President/CEO: 32,904,005
Kevin Cook - Director: 1,419,356
Mark Cecil - Director, Treasurer: 79,936
Michael Pollakowski - Director: 1,354,169
Craig Hancock - Director: 1,637,436
Gary Westerholm - Director, VP Finance, Chairman: 3,271,706
Paul Schneider - Director, VP Marketing, Secretary: 250,000
William Naubert - Director: 171,678
Derek Spangler - Director, VP Project Management & Development: 13,910
Gary Zaplitny - Principal Owner: 4,620,000
Total Beneficial Owners: 45,722,196
With CGE Energy being closely held, CGE Energy directors have also voted to abstain from compensation until further notice, signifying management’s determination and commitment to growth going forward.
CGE Energy is currently going through major expansion by opening offices in Grand Rapids, Michigan and Chicago, Illinois where its Canal Street location will work as a distribution hub in the company’s expansion plans to open ten additional strategic locations throughout the Nation.
http://www.otcmarkets.com/stock/CGEI/news
$CGEI FINRA regulation M notices! Brokers on watch.
Finra was alerted as nobody is selling and there is no shares.
The ask is BS and a fraudulent lie as it is equal to .025 pre split when the actual price was above a nickle where any shareholder could have easily sold then.
This float is locked up and there is nobody selling anything.
$CGEI News Out! http://www.otcmarkets.com/stock/CGEI/news
Massive expansion and tiny share structure held closely.
$CGEI News Out! http://www.otcmarkets.com/stock/CGEI/news
Massive expansion and tiny share structure held closely.
$CGEI News Out! http://www.otcmarkets.com/stock/CGEI/news
Massive expansion and tiny share structure held closely.
$CGEI News Out! http://www.otcmarkets.com/stock/CGEI/news
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
92mm A/S 2.6mm Float 50mm restricted. Any news will make this pop.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
92mm A/S 2.6mm Float 50mm restricted.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
92mm A/S 2.6mm Float 50mm restricted.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI going global with financial backing!
This info hasn't even been released yet. I don't know if CGE knows their brochure is already public with this huge revelation.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI going global with financial backing!
This info hasn't even been released yet. I don't know if CGE knows their brochure is already public with this huge revelation.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI going global with financial backing!
This info hasn't even been released yet. I don't know if CGE knows their brochure is already public with this huge revelation.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI Unbelievable find! The find of the century!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI Unbelievable find! The find of the century!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out! SCTY has some serious competition coming out. No upfront cost with CGEI vs SCTY
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI and $CREE to light up Jamaica and Haiti
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out! ManicTrader can you please consider tweeting this to your base. Thank You
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Unbelievable find! Check this out!
This hasn't even been announced yet. I found it looking for Govt. contracts. Half the material in this document hasn't even been released.
These guy are hitting the street running hard and gearing up for a major campaign for just going public.
Man o man, I thought the YMCA storer camps contract throughout the U.S. was huge but this is countries for crying out loud.
Read the document below, I can't believe this hasn't come out yet.
"CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
Thanks Bud Check out this $CGEI update that hasn't even been made public yet. I found it searching for company documents. They are gearing up for a major campaign and people heard it here first.
The countries of Jamaica and Haiti just lifted their Govt. ban on energy generation which made them fossil fuel reliant. Green Energy generation is now allowed and CGEI is at the forefront.
This is going to get big fast. Check out the Company Vision Guide. This is the first I have seen of this and no announcements yet on Jamaica and Haiti. I thought the YMCA camps throughout the U.S. was big but this is down right huge
"Strengthening communities around the world by creating
opportunities for improving power availability, creating
jobs, and reducing reliance on fossil fuels is a major part of
what CGE Energy does. The company strives to bring an
energy solution to nations that face high energy costs, an
aging power infrastructure and a lack of funds for
improvements.
CGE Energy is currently working with Jamaica and Haiti to
solve their unique energy challenges. Along with US
partners Cree® and SolarWorld, CGE Energy has the financial
backing and commitments from the Export-Import Bank of
the United States to facilitate international energy projects."
http://cgeenergy.com/documents/uploads/CGE_Energy_Company_Vision_Guide_Email.pdf
$CGEI Get your tickets on this low floater.
The turbine news will rock the world.
They are going to unveil their new state of the art wind turbine erected at the customers location very soon. Huge YMCA contracts across MI and Ohio.
The technology and patents alone will be valued in the billions.
Don't be caught sleeping on this one.
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
Nilbud, could you please check out $CGEI. It's a newly trading power company with alarming potential with huge contracts that is coming out with it's new state of the art patented wind turbine that is erected at the customers location.
This company is debt free and offers no up front cost to it's customers with a very small SS and a tiny 2.6mm float.
Truely advanced world changing technology.
YMCA's of greater OH and MI have come aboard and CGE is implementing net zero advancements throughout their facilities and storer camps as a proving ground.
The turbine unveiling will rock the world.
They are going to unveil their new state of the art wind turbine erected at the customers location very soon with huge YMCA contracts across MI and Ohio.
The technology and patents alone will be valued in the billions.
Multiple offices are currently being set up in strategic locations throughout the midwest with it's new Chicago Illinois, Canal St. location acting as a hub.
Give us a tweet if you like what you see.
This is a little gem you may want to share with close friends before tweeting when looking close and reading the quarterly knowing where this is at.
Thanks Bud
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI Get your tickets on this low floater.
The turbine news will rock the world.
They are going to unveil their new state of the art wind turbine erected at the customers location very soon. Huge YMCA contracts across MI and Ohio.
The technology and patents alone will be valued in the billions.
Don't be caught sleeping on this one.
http://ih.advfn.com/videos/educational/cge-power-to-make-a-difference_Gcd-HPhgQM8
$CGEI will be added to this guys list soon enough!
https://www.energyandcapital.com/articles/another-reason-to-invest-in-renewable-energy/5117
$CGEI Turbine unveiling shortly!
http://www.bearing.com.cn/wap/read_news_w.php?id=43505&type=ywxw
Life Changing technology and a 2.6mm float!
$CGEI Turbine unveiling shortly!
http://www.bearing.com.cn/wap/read_news_w.php?id=43505&type=ywxw
Life Changing technology and a 2.6mm float!
$CGEI Good luck getting shares. This float is locked up with only 2 and half million in the entire float.
Anybody shorting this one is going to get burnt bad.
According to this article it's not looking good for Essar either way as they already have a 32mm judgement against them when they lost that gas contract dispute recently.
They are no where near production and have no money to continue. They will run out of anything left steel siding a non functional plant and have to hand over the keys.
Essar has no way to pay back their over due debt. These guys are on the hook and on the brink of BK.
http://www.duluthnewstribune.com/business/mining/3859291-essar-state-negotiating-deal-money-owed
CGEI Multibillion dollar technology in mass production!
http://globenewswire.com/news-release/2015/10/12/775339/0/en/CGE-Energy-Ticker-Symbol-Changes-to-CGEI-Effective-October-12-2015.html