Global Clean Energy Inc (GCEI)

[tacky]

Q REPORT OUT AND MORE OF THE SAME BS!!!!

Mid Q4 update which is right now!! SUCH IDIOTS!!!

PROMISES PROMISES PROMISES!

We have been meeting with the company’s investment bankers and the final commitment and pricing is anticipated to be announced in the middle of the fourth quarter. The property for construction has been narrowed to two locations, both outside Houston, Texas. The turn key operators have been involved in all are construction pricing, land selection and development of a science board of directors. Announcement of those relationships will be released upon signing the funding letter of commitment. Also, it is the intention of the company to devote 10% of the property to research and development of strains of algae which are in high demand. Presently, some strains of algae are selling in the marketplace for $1600 per pound. GCE and the REIT intends to be a recognized world leader in algae quality for the marketplace.

Based just on the contracts pending, the company’s gross profit margin is 60%. This is for just two uses of algae, feedstock and fertilizer. The science relationships will have a tremendous impact on pricing of
algae sales. These activities have taken time and money but the future of the company by establishing this base of profit and cash flow will be recognized by not only the marketplace but our shareholders.

Further, the continued work on bringing waste to fuels to reality has been the focus of part of our team. As with algae we felt we would have final financing in place by this point in time, the underlying business model works and our partners have been extremely cooperative in obtaining our final financing.

We do not as of the end of this quarter, have our waste to fuels projects finished but we are still optimistic that it will be and serve as a complement to our algae operations.

Our audits in preparation for filing our Form 10 have not been completed but we believe to have all financials in audit status in fourth quarter. Likewise when GAAP is completed our Canadian auditors will complete their work to obtain Canadian trading status.

We are so grateful for the patience that our shareholders have sh