Green Energy Enterprises Inc. (GYOG)

[boatman]

catdaddy, I was wrong on the amount.The correct amount in the lie from dean was $15,000,000 for the brige loan to buy back shares.Not 25 mil.


The company has allocated funds through a $15 Million dollar bridge loan, and intends to move
forward on the buy-back of common shares of Quasar stock in the open market without further
notice. During the buy-back, the company anticipates buying back somewhere between 10% and
20% of the company's common shares. The shares purchased in the buy-back will return to the
company as treasury stock.
CEO Dean Bradley commented on the share buy-back, "I am very pleased that we can initiate a
share buy-back. I do not believe the current price in the market reflects the value I see in the
company and its shares. I think it is very good for the company to go in and return shares to the
treasury."

http://www.quasaraerospace.net/pr20090916.pdf