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Tuesday, February 15, 2011 2:44:49 PM
This is from the old company website, but has been scrubbed along with the websites. GRES was offering 2 million shares to investors at .25 pps for a period of 90 days.
http://gresenergy.com/stockofferinvestment.pdf
From the Memo:
USE OF PROCEEDS
The proceeds from the offering described in this Memorandum will be used to fund: (a) Register Global Renewable Energy Systems, Inc.as Public Trading Company (b) Secure necessary legal binding agreements for promotion and underwriting of GRES future energy projects, including any underwriting funding requirements for institutional investors and on going corporation expenses.
(c) Corporation promotional cost, marketing, legal services, private feasibility study, and certified accounting and auditing cost.
This shows that they had every intention of taking GRES public and likely by a RM with TMSH.
lmcat
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