Green Energy Enterprises Inc. (GYOG)

[gattes12]

Man that sounds good.

Unfortunately this PR is pretty clear and the BS is right on time.

Mr. Newby has informed the Company that The Assets Backing the SBLC presented to the bank for the cash funds of the Loan had been rejected due to insufficient funds backing the SBLC. This bank is requiring that any SBLC that is to be pledged as collateral must be 100% cash backed and not a combination of cash equivalent Assets.

Now is someone going to have me to believe that Mr. Newby and the CEO of this company were not aware of the terms and conditions for the SBLC prior to all the PRs?

Come on.