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Re: Snizzle post# 12847

Friday, 02/15/2013 11:35:03 PM

Friday, February 15, 2013 11:35:03 PM

Post# of 36237
They are not going to increase it after the SEC registration to the OTCBB or OTCQB and the purchase power agreement is in place and this authorized share count is worst case scenario as I see it.

This is what they mentioned in their Feb 6 PR.

We will not be issuing the bulk of these shares until the Company SEC registrations are completed and the Power Purchase Agreement (PPA) is achieved. Once these two milestones are met, we will analyze how to best move forward with the equity required. Our goal is to ensure our structure allows us to undertake the work that needs to be accomplished, while reducing any future share issuance to a minimum.

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