Replies to post #31766 on Cirque Energy Inc. (fka CRQE)

[Makenlight]

Here is a thought, just thinking out loud…

What If…

All of the players have something to bring to the table but the company does not have moneys available to hire or pay them so they each open a “LLC” and continue to support under the LLC Company. When everything is ready to go the Real Company acquires the LLCs through M&A so each of the players get their fair share. This way nobody gives up their “proprietary” rights or trade secrets until the M&A takes place.

A couple of other things that seem to have disappeared from the radar…
1) $5,000,000 financing
2) “Prototype LLC”
3) Who owns the patents on the Gasifier and related equipment and how do they get compensated

[RJM427]

A synopsis (IMO) of their latest 10Q company predecessor info:

1998: Salty’s formed

2006: Owners of 22.5M shares of Salty’s sold to 54 investors, who changed the name to EWorld Interactive, Inc.

2008: EWorld got rid of all subsidiaries and became a shell

2009: EWorld does a 40 to 1 reverse split, then enters into an agreement with Blue Atelier, where Blue Altelier becomes 75% shareholder.

2010: EWorld acquires 100% stock of Media and Technology Solutions (MTS) for 10M EWorld shares. Blue Atelier was the principle shareholder in MTS, now it is EWorld – which is majority owned by Blue Atelier. EWorld also moves to Las Vegas.

2011/12: EWorld enters a Letter of Intent to buy Green Renewable Energy Solutions, Inc. (GRES) assets. EWorld also changes it’s name to Green Energy Renewable Solutions (GERS). GERS does a 5 to 1 reverse split in January 2012, then spins out Eworld and MTS subsidiaries into separate private companies. In February 2012, GERS finalizes the purchase of GRES.

2013: In April, GERS forms Green Harvest Landfill, LLC, but the deal to purchase a landfill operations under this subsidiary does not materialize. The Green Harvest Landfill LLC is still an active LLC.

2013: In May, GERS enters into an agreement to purchase all Cirque Energy II LLC assets in exchange for GERS stock. Included in the CEII LLC assets are: The Prototype Company LLC; Gaylord Power Station LLC; Midland renewable Energy Station LLC.
**According to the latest 10Q, this agreement has not been consummated yet, although the Cirque Energy Inc. website says it has been.

2013: In July, GERS changes its name to Cirque Energy, Inc.


Note: Blue Atelier's Director is Frank Doherty and the RA is The Texas Connection, Inc. What I have not found yet is the amount of shares (if any) Blue Atelier still owns of Cirque Energy, Inc. Also, I have not found who the shareholders (or members) of Cirque Energy II LLC are as of yet.

Cirque Energy, Inc. could be a well planned company, using separate companies to protect its assets, or it could be a company that has put all its value in a separate private company who will one day reap the rewards, while Cirque Energy, Inc. is left with the debt. I do not know which scenario will play out. But, I do believe the NOC JDA is with Cirque Energy, Inc., not the other companies, which bodes well for our investment. The key is completing the merger with CE II LLC.