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Re: janice shell post# 27965

Tuesday, 07/03/2012 9:18:35 AM

Tuesday, July 03, 2012 9:18:35 AM

Post# of 220812
... and 2day they confirm the 40M Euro Loan Guarantee

Great Wall Builders (GWBU) Issued Confirmation of EURO 40,000,000 Bank Guarantee from BNL Gruppo BNP Paribas
* Reuters is not responsible for the content in this press release.

Tue Jul 3, 2012 7:00am EDT

BOLOGNA, ITALY, Jul 03 (MARKET WIRE) --
Great Wall Builders Ltd. (OTCBB:GWBU) (or "the Company"), operating as
"Start Technologies Europe s.r.o.", is pleased to announce that the
Company was issued June 29th, 2012, confirmation of a EURO 40,000,000
Bank Guarantee ("Bank Guarantee") from Banca Nazionale del Lavoro SPA -
Gruppo BNP Paribas ("BNL").

The BNL Bank Guarantee is attached and assigned to the Coopsette Soc Coop
("Coopsette") contract ("Contract"). As previously announced on June 7th,
2012, the Company reported the signed international distribution Contract
with Coopsette for the Start Fuel Efficiency and Emission Device (FEED)
units.

The Contract outlines a minimum purchase of EURO 120,000,000 in Start
FEED units in the first three (3) years. As reported, the Contract
outlines the sale of "Start 2", "Start 3" and "Start 4" units delivered
quarterly starting with 9,300 units that will be delivered by September
30th, 2012 and a continued 9,300 units per quarter thereafter, for a
total of 120,900 Start FEED units. Payment for the units is within 15
days of delivery as required in the BNL Bank Guarantee.

The units will be manufactured by Start Technologies Europe, a 100% owned
subsidiary of GWBU, based in Topol'cani, Slovakia, the European
distributor for the Start FEED units.

"The BNL Bank Guarantee will allow the Company to facilitate the
manufacturing and production of the Start FEED units to facilitate the
Coopsette order." states GWBU President and CEO, Mr. Daniele Brazzi, "The
BNL relationship has opened a world of possibilities for our Company. We
are very excited to enter the next phase of growth for the Company and
will continue to provide regular updates to our potential clients and
shareholders."

The Company will be filing the 8k public disclosure with the Securities
and Exchange Commission in the coming days.


www.reuters.com/article/2012/07/03/idUS97296+03-Jul-2012+MW20120703

No wonder that those Italian Banks are losing their Credit Ratings...

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