Replies to post #316782 on Green Energy Enterprises Inc. (GYOG)

[investordisciple]

I think the bigger issue for me in this PR was that they mentioned the following:

The firm is establishing an escrow account for the final closing on our previously announced acquisition.

If they are establishing an escrow account, as in not finished yet, this leads me to believe this would finalize more towards the end of June. Establishing the account and then running through the escrow contract itself has an average of 30-35 days from mention of acquisition IF the escrow account is already active. I don't really know of the implication when it isn't an already active account and what kind of delay that creates.

That's why I said it's hard to tell what this firms true involvement is in the acquisition process here. If QASP needs to wait on this escrow contract process, then we're looking at a month unless they can burn through the process but that'd still be a couple of weeks away. If they don't actually have to run through the same process then sure, it could be next week. We just don't have enough information at the moment.

[RookieStockPicker]

I suggest you get Donnell on the hotline to answer any question you might have. Phone: [phone]


Several companies are jumping into the MJ space. That were not originally in the sector. They all love the smell of money. Most investors are here for the MJ, not the airplanes. We will get more details about the Premier Hydroponic Store soon. Remember Donnell is originally from Colorado. She has connections in that area. We all have some questions, soon we will have the answers.

[doughboy2]

The story I've read here is investors are funding this acquisition through GEI.

So no shares from qasp will be sold to fund.

But what is qasp's cut of these revs once the GEI investors get theirs?

Also, SEC attorneys probably cost a lot per hour and, in classic lawyer style, take many, many hours to get anything done.

Where is this money coming from as their fins show they can't handle this expenditure?