Green St. Energy Inc (fka GSTY)

[bloodhound99]

I don't blame Bruce Nelson for resigning.

Would you as a director feel comfortable telling someone that you as a director approved the giveaway of 19% of the company to insiders on fully diluted deals? (including 3% for yourself?)

Would you feel comfortable telling someone that you approved giving away more than 50% of the company's total cash and incurring 16 million in 5% debt for an "option" to buy land from CEO's movie buddy?

And one has to wonder just what insurance company was willing to write Directors and Officers insurance on a company headed by Tony Cataldo.

If by any chance the answer to that question is that no insurance company is providing Directors and Officers insurance, look for other directors to be making similar decisions to Mr. Nelson.

Maybe the answer to the question of what company provides the Directors and Officers insurance and what limits of coverage they provide can be answered by Tony at the next conference call and Q and A session. By the way when is the conference call to discuss the 10K scheduled for anyway?

Bruce quit too early. The first distribution of free shares is scheduled for this Friday April 10th, isn't it?

Tony Cataldo = Always fun to watch.