Green Energy Enterprises Inc. (GYOG)

[Makamai]

JR - it doesn't take a whole lot of intelligence to see what is going on here. Dean's initial plan, based on one of his CC's, was to announce the new CEO July 1st, based on receipt of funds orchestrated by Newby and completion of the first 5 or so acquisitions. That didn't happen. So Dean finally decided not to put all his trust in a single lending source and he began beating the bushes to shake out as many possible sources of funds as possible. According to IR, he is working with at least 5 different sources, 2 of which are major banks.

Now put yourself in the lenders shoes for a moment. If you were going to lend millions of dollars to a start up, wouldn't you want more than just a paper commitment that credible management would be put in place prior to lending the company that kind of money, rather that gambling that it would happen afterwards? Certainly with the credentials that Gene and Jeff bring to the table, as a lender or investment group, it would be a much easier sell job to your lending committee and/or investment group with them committed and onboard first. Look at the flip side as well. Would Gene and Jeff put their futures in the hands of a company that wasn't going anywhere and had no funding sources ready, willing and able to fund Quasar's acquisitions in the very near future? Do the math folks, it's not that hard!!

Makamai