Green Energy Enterprises Inc. (GYOG)

[blue finch]

hey bernie

I'm glad you still see some positives here

I quite frankly don't

I see today's Pr as meaning the good stuff(mineseeker) is not going to happen too soon if at all

The Company is actively pursuing alternative funding sources, including a possible financing transaction involving $300MM in unrated corporate bonds with a 6.5% annual interest coupon rate and a maturity date of October 2018. These bonds would be secured with $450MM senior life settlement policies issued by "A" rated or better insurance companies. We have presented the financing transaction to a number of different financing sources, including a major bank in the UK.

I really wonder about this?

We believe that the Company's acquisition candidates remain in place and remain committed to being acquired once funding is in place. We have invested in excess of $2.5MM between three of these acquisitions in order to keep them closely allied with the Company.

For how long can this go on?

The Company is continuing to operate its flight school and aviation repair business and is taking other appropriate steps to manage its cash flow position pending completion of a successful financing event and subsequent acquisitions.

I hope bradley , dilution monies and his partner investors have deep pockets

good luck
as ever