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OhManIDied

04/16/14 11:45 PM

#8301 RE: FlushBJ-420 #8300

I presume funding is one of the perks of an unannounced fortune 500 deal.

A company like SON putting their confidence, including their name in a joint-PR, by publicly announcing an "inside the fence" agreement with GCEI is probably worth more to them than loaning the company $55M to get up and running..

They probably even spent more than that last year to exterminate the rodents and other pests on their properties.

GCEI
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Where is the cheese

04/17/14 12:00 AM

#8302 RE: FlushBJ-420 #8300

I would assume all of these projects would be covered by partners in exchange for meeting certain milestones. However, given the lack of insight on the structure/T&Cs of these agreements, it is impossible to tell.

I have 3 scenarios:

1) Private loan (Bank or private investor)
2) Costs partially covered by partners in exchange for execution of certain miles stones
3) Issuing more shares - if this is the route, I would say GCEI management is clueless. They should be doing everything in their power (legal) to push the pps.

I hold a small position and will continue to hold as a lottery pick.

However, I continue to be discouraged by the lack of transparency. The opportunity is there, but can they execute? Only time will tell.