Generation Zero Group Inc. (fka GNZR)

[RonnieD]

Form 10-Q submitted 08/19/09

The Company recently has formed an alliance with PT. SUMBER DAYA KELOLA (SDK) with which the Company will pursue a geothermal project in Indonesia. The Company is also evaluating the potential acquisition of a gas processing project. A suitable gas plant has been identified and negotiations on its purchase have commenced. The Company does not currently have any agreements in place with SDK.


Assuming we acquire these properties in the future, we will need to raise substantial additional capital either though the sale of debt or equity securities or by entering into joint ventures with more established companies and/or institutional investors to move forward with our business plan.


Plan of Operation

Our goal is to expand or build our business through a variety of efforts. We are considering ongoing offerings of securities under Private Placements, possible debt instruments, joint ventures with other companies public and private and other activities to generate capital to grow and undertake our business plan (for example, obtain, if possible, loans).

We have no lines of credit or other bank financing arrangements. However, we are working out a possible formal line of credit with Frank Jacobs, our officer and Director, who has advanced monies to us from time to time. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt securities and loans from our shareholders.

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