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Re: OG_Money post# 748

Friday, 12/28/2007 9:32:47 AM

Friday, December 28, 2007 9:32:47 AM

Post# of 1030
From the pr if it is approved
All non-affiliated minority shareholders of GS AgriFuels will receive a cash payment of $0.50 per share as a result of the merger and will thereafter cease to be shareholders of GS AgriFuels. GS AgriFuels will, therefore, cease to be a public company at the conclusion of these transactions.

The completion of these transactions is subject to the consent of GS CleanTech’s and GS AgriFuels’ senior creditor, YA Global Investments, L.P. (“Global”). GS CleanTech expects to obtain this consent in the near term, based on recent favorable discussions with Global. If the consent is obtained by early January, GS CleanTech expects that it will declare a definitive date for the merger during January 2008, and that it will complete both the merger and the cash distribution within the first 6-8 weeks of 2008.

So if it goes through and you own stock, they are going to give .50 a share. I thought from interview could be more if value shows more. IMO

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