Technically Fundamental Penny Stocks

[JJpenny]

GESI Investors news

GESI Completes Escrow Milestone for Plant Funding by Private Escrow Capital Raise

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.

If GESI's first draw is 12 million, how much will this stock go up? Reason I ask is because the company is 3.4 million now, but you add 10 to 12 million onto that... Should rise 300% imo.

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