Saturday, August 24, 2019 7:37:59 PM
''On April 29, 2019, GCE entered into an agreement (the “ Purchase Agreement ”) to purchase a crude oil refinery for the purchase price of $20,000,000 (the “ Purchase Price ”). The closing of the transaction is scheduled to occur upon the satisfaction of various closing conditions, provided the closing occurs no later than August 29, 2019, unless extended by the parties. ''
''GCE identified and has been working with various debt and equity financing sources but has not yet entered into any final binding agreements for such financing. ''
Wow,,, the 6M from CCI will get filings back up-going soon.
News could drop anytime; especially this:
''Has entered into an agreement with a major multinational oil company to purchase refined renewable diesel produced from that refinery. The Offtake Partner has committed to purchase from GCE 85 million gallons of renewable diesel fuel each year, with an option exercisable by the Offtake Partner to increase the purchase commitment by an additional 20 million gallons per year. ''
emit..
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