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Re: LicharTin post# 4904

Saturday, 08/18/2012 11:27:30 PM

Saturday, August 18, 2012 11:27:30 PM

Post# of 5030
Hey LicharTin, have you had a chance to read the last few PR's by GESI? I would like some thought if you have a minute. Their last PR:

"Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today the Company has received the formal irrevocable funding commitment from the lender of the financing for its renewable energy plant in Alberta, Canada. The commitment has been accepted by the collateral provider and escrow of $200,000 has been released. Under the financing agreements the issuing bank and the lending bank are preparing the transfer of collateral to secure the financing. GESI has seen the financing for the project progress according to the plan set forth by the funding entities.

GESI expects that there will be announcements as to the next developments which should keep occurring in the short term of funding and timeline for the plant build out utilizing waste rail ties to energy."


They have an equity deal in place where they do NOT have to pay back any debt. News is expected soon on what the first amount of $$ on the first draw will be. Im guessing 10 million.

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