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Re: None

Sunday, 05/18/2014 4:09:34 PM

Sunday, May 18, 2014 4:09:34 PM

Post# of 36237
June 2014 will be a make or break month for this stock in my opinion.

If you read my prior posts and all of the info we have so far, we can assume that if this PPA with CNFL as a buyer gets delayed any longer the CEO will pursue the alternate PPA with ICE as a buyer as per those Costa Rica Laws that are mentioned on page 27 of that powerpoint (read my prior posts for links and info on this) which apparently they qualify for.

If we experience a delay, we may pursue the Alternative Strategy at the end of May 2014, as all our studies should be completed and we should be eligible under Law 7200/7508 for a contract with ICE.



The CEO is not a dumb guy, I am pretty sure he has some sort of backup/revenue plan that he is working on to get them to avoid more "toxic financing" until the Form 10 is accepted by the SEC.

They were down to 18 questions on that Form 10 as latest FB update mentioned.

https://www.facebook.com/v3rsant?ref=br_tf

I've already asked the CEO these questions (see below) and we will know more in June as nothing (obviously) can be disclosed to me at this point in time.

If you decide to go that ICE PPA route as mentioned on pg 27 of the powerpoint will it still be a 20 year contract with similar terms or are you starting from scratch again having to negotiate everything all over again since it's a NEW contract and what would the ballpark time frame to sign this type of ICE contract since a CNFL PPA contract signing seems to take an eternity.
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