Replies to post #11975 on Global Ecology Corporation (GLEC)

[cleaningup]

NML & majo,
I've been wrong before... but IMO there is a big difference between Carbon Credits have already been issued, which can't happen until the monitored production is completed and approved by the inspector, and "our Carbon credits have already been sold" in a pre-sale agreement. GECO can't get to the former without doing the latter. They need upfront money to get the production to get the carbon credits. So they pre-sell the first year (reduced) allotment of credits to buy the big spreader and all of the raw materials and operating labor, etc.

As long as the completed product tests out like the first batch that got them approved by the GS, the certificates will be issued and investors will turn around and sell them on the open market.

Then GECO sells the completed fertilizer product and that is their revenue.

What I was trying to indicate in prior posts is that since GECO sold GS lesser value CCs to get production up and running, now they can make full price deals with the more lucrative CAR food waste CCs.