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Oooh boy...... Agree. There were a lot of people burned by this one.....
This is very concerning integral. Does anyone know how to investigate the details around this downgrade?
Ok. Marked
Have to agree with you Eagle. I believe we're close to something special and life changing for some that own a large number of shares. I have to admit, I even tried to buy another 100k shares, but people kept bid jumping me. :)
I know I have a renewed faith in Gordon and GESI to get this thing pulled over the finish line. Gordon, if you're reading this, thanks for the update!!
Couldn't agree more Eagle. The fact that they put a timeline in the PR and were specific about the amount of the financing, makes me, as an investor, much more confident and more willing to add more shares.
Couldn't agree more Cujo. I'm buying at these prices!
I sure have because I know what's coming!
GESI Investors news
GESI Completes Escrow Milestone for Plant Funding by Private Escrow Capital Raise
Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today the Company has received the formal irrevocable funding commitment from the lender of the financing for its renewable energy plant in Alberta, Canada.
The commitment has been accepted by the collateral provider and escrow of $200,000 has been released.
Under the financing agreements the issuing bank and the lending bank are preparing the transfer of collateral to secure the financing.
GESI has seen the financing for the project progress according to the plan set forth by the funding entities.
GESI expects that there will be announcements as to the next developments which should keep occurring in the short term of funding and timeline for the plant build out utilizing waste rail ties to energy.
If GESI's first draw is 12 million, how much will this stock go up? Reason I ask is because the company is 3.4 million now, but you add 10 to 12 million onto that... Should rise 300% imo.
http://ih.advfn.com/p.php?pid=nmona&article=53848124&symbol=GESI
GESI Investors news
GESI Completes Escrow Milestone for Plant Funding by Private Escrow Capital Raise
Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today the Company has received the formal irrevocable funding commitment from the lender of the financing for its renewable energy plant in Alberta, Canada.
The commitment has been accepted by the collateral provider and escrow of $200,000 has been released.
Under the financing agreements the issuing bank and the lending bank are preparing the transfer of collateral to secure the financing.
GESI has seen the financing for the project progress according to the plan set forth by the funding entities.
GESI expects that there will be announcements as to the next developments which should keep occurring in the short term of funding and timeline for the plant build out utilizing waste rail ties to energy.
If GESI's first draw is 12 million, how much will this stock go up? Reason I ask is because the company is 3.4 million now, but you add 10 to 12 million onto that... Should rise 300% imo.
http://ih.advfn.com/p.php?pid=nmona&article=53848124&symbol=GESI
GESI Investors news
GESI Completes Escrow Milestone for Plant Funding by Private Escrow Capital Raise
Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today the Company has received the formal irrevocable funding commitment from the lender of the financing for its renewable energy plant in Alberta, Canada.
The commitment has been accepted by the collateral provider and escrow of $200,000 has been released.
Under the financing agreements the issuing bank and the lending bank are preparing the transfer of collateral to secure the financing.
GESI has seen the financing for the project progress according to the plan set forth by the funding entities.
GESI expects that there will be announcements as to the next developments which should keep occurring in the short term of funding and timeline for the plant build out utilizing waste rail ties to energy.
If GESI's first draw is 12 million, how much will this stock go up? Reason I ask is because the company is 3.4 million now, but you add 10 to 12 million onto that... Should rise 300% imo.
http://ih.advfn.com/p.php?pid=nmona&article=53848124&symbol=GESI
GESI Investors news
GESI Completes Escrow Milestone for Plant Funding by Private Escrow Capital Raise
Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today the Company has received the formal irrevocable funding commitment from the lender of the financing for its renewable energy plant in Alberta, Canada.
The commitment has been accepted by the collateral provider and escrow of $200,000 has been released.
Under the financing agreements the issuing bank and the lending bank are preparing the transfer of collateral to secure the financing.
GESI has seen the financing for the project progress according to the plan set forth by the funding entities.
GESI expects that there will be announcements as to the next developments which should keep occurring in the short term of funding and timeline for the plant build out utilizing waste rail ties to energy.
If GESI's first draw is 12 million, how much will this stock go up? Reason I ask is because the company is 3.4 million now, but you add 10 to 12 million onto that... Should rise 300% imo.
http://ih.advfn.com/p.php?pid=nmona&article=53848124&symbol=GESI
GESI News - CEO Gordon McKay is getting it done. Another step in the right direction towards receiving the first draw for the plant. I believe the draw will be between 10 to 12 million. This is the news investors have been waiting for and I believe it's coming next week.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
GESI News out Friday - Another step in the right direction towards receiving the first draw for the plant. I believe the draw will be between 10 to 12 million. This is the news investors have been waiting for and I believe it's coming next week.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
GESI News out Friday - Another step in the right direction towards receiving the first draw for the plant. I believe the draw will be between 10 to 12 million. This is the news investors have been waiting for and I believe it's coming next week.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
GESI News out yesterday - Another step in the right direction towards receiving the first draw for the plant. I believe the draw will be between 10 to 12 million and this news, investors have been waiting for, for nearly 5 years, is coming next week, IMO.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
GESI News out yesterday - Another step in the right direction towards receiving the first draw for the plant. I believe the draw will be between 10 to 12 million and this news, investors have been waiting for, for nearly 5 years, is coming next week, IMO.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
Sounds too much like a P & D for me, bro. GESI is a real company that is going to shock people in 1 to 2 weeks IMO.
GESI News out today - Another step in the right direction. More news coming out next week, IMO.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
GESI News out today - Another step in the right direction. More news coming out next week, IMO.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
Ok Cool. Good luck. :)
Hey CollegeGrad22 - Got a good one for ya. You will need to hold it longer than 1 day though, but I can promise you, you'll be happy. Check it out. Check out the GESI Board for DD.
August 10, 2012 9:00 AM ET Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that it has reached a milestone for its funding source for the capital investment of money for the state of the art renewable energy plant in Alberta Canada, by recently achieving the raise of escrow money required for the funding through a private raise from parties through investment from private parties.
Per the agreement with InREFCo for the funding, GESI made the raise of necessary capital for placement into escrow to further make the delivery of funds from the source for the $45 million plant in accord with the funding plan. GESI was able to raise the necessary escrow clearance funds through private placement of restricted shares to long term investors. The funds will be held in escrow under the capital investment agreement until delivery terms and delivery of the first funds occurs. Under the agreement with InREFCo, the full funding terms have been met for the guarantee terms and provision of funding as previously announced by GESI.
GESI expects that there will be announcement in the short term of funding and timeline for the plant build out utilizing waste rail ties
GESI - I believe this is going to be the week GESI announces who the equity partner is and what the revenue split will be. I am hoping for 55/45, but we'll see. See below for the PR that came out about 3 weeks ago, which is when the company said they'd make an announcement of the details of the financing.
Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
GESI CEO Interview on STT Radio 03/12/2012 can be heard here:
GESI - I believe this is going to be the week GESI announces who the equity partner is and what the revenue split will be. I am hoping for 55/45, but we'll see. See below for the PR that came out about 3 weeks ago, which is when the company said they'd make an announcement of the details of the financing.
Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
GESI CEO Interview on STT Radio 03/12/2012 can be heard here:
GESI - I believe this is going to be the week GESI announces who the equity partner is and what the revenue split will be. I am hoping for 55/45, but we'll see. See below for the PR that came out about 3 weeks ago, which is when the company said they'd make an announcement of the details of the financing.
Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
GESI CEO Interview on STT Radio 03/12/2012 can be heard here:
GESI - I believe this is going to be the week GESI announces who the equity partner is and what the revenue split will be. I am hoping for 55/45, but we'll see. See below for the PR that came out about 3 weeks ago, which is when the company said they'd make an announcement of the details of the financing.
Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
GESI CEO Interview on STT Radio 03/12/2012 can be heard here:
$GESI NEWS– InREFCo DD - See below.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Something I found on InREFCo’s website tonight that I thought was interesting…
Here's what I found doing DD last night. If you go to the inREFCo website there’s a link that says 100% financing. Here it is: http://www.inrefco.com/100-financing/.
If you think about it…. GESI has all the pieces to the puzzle in place. They’ve done their DD through received grants totaling nearly 360k, from the dept. of Energy in Alberta for studies on the technology, received the land, contracts for the rail ties, they have mountains of them, shredded and ready to go. If you were looking to put together such a project, this sequence of events is exactly how you’d put the pieces together. Hope this helps. I honestly think this thing is legit and ready to take off. They mentioned they’d announce details of the agreement within 3 weeks. This is the 3rd week. I have a feeling we’ll soon know. Thanks for reading.
$GESI NEWS– InREFCo DD - See below.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Something I found on InREFCo’s website tonight that I thought was interesting…
Here's what I found doing DD last night. If you go to the inREFCo website there’s a link that says 100% financing. Here it is: http://www.inrefco.com/100-financing/.
If you think about it…. GESI has all the pieces to the puzzle in place. They’ve done their DD through received grants totaling nearly 360k, from the dept. of Energy in Alberta for studies on the technology, received the land, contracts for the rail ties, they have mountains of them, shredded and ready to go. If you were looking to put together such a project, this sequence of events is exactly how you’d put the pieces together. Hope this helps. I honestly think this thing is legit and ready to take off. They mentioned they’d announce details of the agreement within 3 weeks. This is the 3rd week. I have a feeling we’ll soon know. Thanks for reading.
Thank you for the information Tommy Boy, but I'm more of an investor type than flipper looking to make a quick buck. That is all fine if you want to do that, but too risky for me.
$GESI Takeaways from the Announcement of the Major Development for $45 Million Funding of its Alternative Energy Project .
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. No stock dilution
2. Equity partner will mean there’s no debt owed for the cost of the plant, so there’ll be a profit from day 1.
3. Could the investor group/partnership provide enough capital to move quickly to other metropolitan areas in Canada and possibly in the US markets, where there are issues garbage landfills. Hmmmmm.
4. The announcement of the actual split and funding should be within 3 weeks from the date of the radio show according to Gordon McKay, CEO GESI. Gotta feeling it could be this week… Just a feeling….
$GESI Takeaways from the Announcement of the Major Development for $45 Million Funding of its Alternative Energy Project .
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. No stock dilution
2. Equity partner will mean there’s no debt owed for the cost of the plant, so there’ll be a profit from day 1.
3. Could the investor group/partnership provide enough capital to move quickly to other metropolitan areas in Canada and possibly in the US markets, where there are issues garbage landfills. Hmmmmm.
4. The announcement of the actual split and funding should be within 3 weeks from the date of the radio show according to Gordon McKay, CEO GESI. Gotta feeling it could be this week… Just a feeling….
Keep an eye on it sir. I have a feeling it's coming this week. :)
$GESI Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
$GESI Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
$GESI PR to come this week according to last PR.
$GESI Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
GESI CEO Interview on STT Radio 03/12/2012 can be heard here:
MAJOR $GESI PR News coming this week
$GESI Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show
VANCOUVER, British Columbia--(BUSINESS WIRE)--Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.
Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.
Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.
MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.
Some interesting takeaways.
1. The PR/Radio show was nearly three weeks ago…. This is the week of the announcement regarding final details of the first draws.
2. I’ve got a feeling the draw could be anywhere between 10 to 12 million of the 45 to 50 million.
low Float:
Float 67,902,498 a/o March 31, 2012
Float 67,902,498 a/o March 31, 2012
Authorized Shares 490,000,000 a/o March 31, 2012
GESI CEO Interview on STT Radio 03/12/2012 can be heard here:
$GESI During the radio show nearly three weeks ago, there was talk about announcing finance details in three weeks. Most PR’s come out early part of the week. I’ve got a feeling we could see something early this next week….
"Everything is ready to go as soon as funding is available." InREFCo Jason Watson.
Intervw link
$GESI During the radio show nearly three weeks ago, there was talk about announcing finance details in three weeks. Most PR’s come out early part of the week. I’ve got a feeling we could see something early this next week…. What do you think?
"Everything is ready to go as soon as funding is available." InREFCo Jason Watson.
Intervw link
$GESI During the radio show nearly three weeks ago, there was talk about announcing finance details in three weeks. Most PR’s come out early part of the week. I’ve got a feeling we could see something early this next week…. What do you think?
"Everything is ready to go as soon as funding is available." InREFCo Jason Watson.
Intervw link
$GESI$ News is Imminent
Solid DD
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