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Re: Majobuki post# 9860

Friday, 09/06/2013 1:21:41 PM

Friday, September 06, 2013 1:21:41 PM

Post# of 13573
Majo I'm not being negative at all. I'm being realistic. the GGVF process includes a lot of phases. Your assumption is that all of those phases were completed before they had a deal and that we are approved to sell our CC's already... Here's phase III and IV...

Phase III: Project Proposal

This phase begins the process of developing the project PDD. Green Giant Venture Fund (GGVF), shall compile the required information for the document, and produce the (PDD) for submission and verification on behalf of the project. This process requires the full disclosure of ownership information, project information, quantification methods, estimated sequestration levels, approval of the models to be used, and other key information on the project. Green Giant Venture Fund (GGVF) is experienced in producing proposals for the forward market and knows how best to present or “sell” the project to the market.

Phase IV:

Project CommitmentsUpon review of this project, we may require additional work to satisfy any conditions required for approval. As described above, additional inventory, process certification, product sales or other requirements may need to be met in order to participate in the market. Each project will present its own level of compliance on these issues. Green Giant Venture Fund (GGVF) does not recommend that project owners invest significant expense or effort in meeting market requirements specific to carbon market participation prior to approval of the project proposal. After the project has been approved, the commitments made in the proposal shall be implemented. Green Giant Venture Fund (GGVF) will work to facilitate these requirements in whatever capacity they may require.