Replies to post #336384 on Green Energy Enterprises Inc. (GYOG)

[Badge714]

Take a look at this link.
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20141479947&masterFileId=20041038153

[RookieStockPicker]

Donnell the Ceo dropped the bomb about doubling the A/S. You must of missed that good news. It was either double the A/S or do a Reverse Split. Donnell picked the doubling. Apparently, some debt holders had to be paid.

[RookieStockPicker]

Quasar’s management was unfortunately faced with a decision to either conduct a reverse stock split or increase its authorized shares.  The Company has elected not to do a reverse stock split but rather proceeded with increasing the authorized shares.  Quasar has been faced with having to comply with note conversion on aged debt over a year old being submitted for share issuances.  The Company is obligated to honor those valid notes and in doing so, it has caused Quasar to have to increase its authorized shares as a necessity. The Company has significantly decreased its debt liabilities with the processing of these note conversions. All share issuances are posted on OTC Markets in detail for the public to view and will continue to do so.  Quasar has not participated in any private placements under Reg D since March of 2014.