Green Energy Enterprises Inc. (GYOG)

[Makamai]

Brikk - As I understand it, initially the company was going to buy back up to 20% of the stock and place them in the Treasury for use as incentives for employees downstream. This would not reduce the O/S because these shares are not being retired, but would reduce the float. Last weeks NR states that $250K has now been allocated for the first two weeks of November to buy back (about 15 mil at today's prices) worth of stock to be "retired" to the treasury, thus reducing the O/S. These shares would also reduce the float. Now that it appears that the dilution has ended (hopefully), we might be able determine if there will be any shares retired if that buyback happens next week. Unfortunately we have no way at the present time without input from the company to determine what the float is (or was for that matter). I would like to see that information in the next NR the company issues.

Makamai