Replies to post #5021 on Green Envirotech Holdings Corp (GETH)

[Koren]

Na i think you got it wrong.

he agreement also calls for Cenco to provide two one year 8% loans to the Company with stock conversion rights. The first loan will be $50,000 (fifty thousand) due when the agreement is signed and the second loan in the amount of $40,000 (forty thousand) is due on June 2, 2014.

Looks like the $90,000 loan is seperate from them puting up the money to build the first plant. Theres no way a plant cost 90,000 and ive heard it cost 3million.

If they put up the 3million and take 70% just so we can prove this works its game time

[paytheask]

NO NO NO...90K Licensing, THEY WILL PAY THE OUTLAY OF THE PLANT FOOLS....Could be 3 Million, could be 5. You guys are just tunnel visioned into the worst scenarios, ALWAYS (Its a sickness or a money maker?), this is a great find.