Industry Source Consulting Inc (INSO)

[red lexus]

Rudy, I can only tell you where I am with it. I received an email from M. Molen a week ago. It was the Non-Disclosure Agreement you have to sign and return to get the PPM paperwork to look over. I signed and returned same day and expect the PPM to arrive anytime. I'm not complaining, just letting you know where I am with it. 30 days to have it sold out and all funds received might be a push. When I listened to the conf. call, I was curious about one thing Michael Molen said, regarding the PPM. If Insidious or anyone can help, please do....He stated that the proceeds of the PPM were to be used to "meet our obligations with our joint venture partner and to expand production of biochar". Insidious posted a link to Joe James Linkedin page in which he states, "funding has now been committed and the plant is scheduled to open in Q1, 2015". I think Joe James is a man of integrity and if he says the funding is committed I believe him. I just wonder if part of the commitment is from VGPR and MM is still trying to raise the funds, or if MM had some other meaning when he stated the PPM was to "meet our obligations with JV partner". I would think that some of the funds could be used prior to it selling out completely, if need be, to keep construction on schedule. Hopefully, none of the PPM $ are needed to get the pilot plant going. But whatever it takes to get there, so be it.