Green Energy Enterprises Inc. (GYOG)

[SteppingStone]

He should have mentioned in the 6/14 Pr that after a really long 72 hours Newby still would not be able to give the $$ to QASP until additional conditions were met.

Dean has been saying he will close a loan any day now for going on a YEAR.

How long will this next 72 Hours be? And what additional conditions then?

6/14 PR

“Newby & Associates, Inc. has received confirmation from the Trust company confirming their bank's outgoing swift of a $125mm standby letter of credit to the Trust Company's Bank. Once the Lending Bank has confirmed the BANK TO BANK swift transfer from the Trust's Bank, funds will be received by Newby & Associates, Inc. for lending to QASP within 72 hours.”

Well that didn’t happen.

6/24 PR

“Dean Bradley, announces that Newby and Associates has received confirmation of funds issued against the $125mm standby letter of credit from the funding Bank. The funds for the $110mm loan being made to Quasar Aerospace Industries, Inc. will be made available immediately upon Newby and Associates fulfilling the final two conditions required by the issuer of the standby letter of credit (SBLC). Newby and Associates anticipates that these conditions will be met within the next 72 hours.