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NASCOW

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NASCOW

Re: DLP post# 23923

Tuesday, 05/03/2011 9:27:28 AM

Tuesday, May 03, 2011 9:27:28 AM

Post# of 43903
Now that is an official PR, but kinda makes you wish you did have news about Green Automotive co...

Financing now being offered to the Company has much better terms."


Are they taking out a new loan???? Exchanging more shares from the A/S in return for financing??? Instead of issuing more shares through a S1 to raise money

As witnessed in the past

During January and February of 2011, the Company issued 18,822,102 shares of common stock in complete satisfaction of the convertible note payable, originated on June 7, 2010, in the amount of $42,400.
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