General European Strategic Invt's Inc (GESI)

[DMZ]

Talked to Ms Susan Carlisle today. Just as you said, I called Alberta Energy at [phone] and was transferd by Fay Ramler to Susan Carlisle.

I asked if she had any knowledge of SATM/GESI. She told me that she knew them as Green Energy Solution Industries Inc.

I then asked if they were involved in any of her grant programs. She said yes.

I asked if they have been awarded any money for this program and if so for what and how much. She told me that they have been given $177,500 for their feasibility study for one of the bio-fuel energy grants.

I then asked if it had to do with converting railroad ties to energy. To which she confirmed.

I asked if they had an exhisting location, or if they were allowed to use subcontractors for their operations. She told me the use of subcontractors was acceptable, and she could not discuss their plant location because it may not be publicly announced; but they could utilize subcontractors untill their own facility was on line.

I asked what other monies they would be eligible to receive and apply for in the future. She told me based on which avenue they planned to go down, they could be eligible for the following:
for renewable bio-diesel $.13/ liter
for ethanol based fuel $.14/ liter
and for Electricity generation from $.017 through $.06 per KWH

I also asked if they would be eligible for any money for removing the railroad ties, which are considered a bio-hazard. To which she replied there is no program for that out of their office; but there may be a federal program that she was not aware of. I think we need to research this one, because I think I read somewhere there is a grant for this also.

Lastly, I asked if I could confirm this information via e-mail and share it with my fellow investors. To which she agreed. I will post the confirmation when it arrives.