1.Finalizing the commitment of a $40 million bond issue, with the goal of obtaining a BBB rating. The company has been working with packaging this offering throughout the year.
2.The development of the first Algae REIT, with the company being the general partner.
3.Again, finalizing an agreement with our Chinese development partners with which we have been working for the past 3 years.
4.The Form 10 updated with remaining audits will be filed with the SEC in the second quarter. It is fully the intention of the company to return to fully reporting status. The company will fully announce these plans as final concrete steps are taken.
GCE Model With a compelling pipeline of market opportunities presently existing in the United States, the Company is finalizing multiple agreements in prime US markets with major waste plastics and waste tire suppliers to acquire the rights to install pyrolysis systems on their facilities, which allow for the waste plastics and tires to be converted into alternative, low emission fuels such as diesel, and syngas, on their facilities. Each of the feedstock operations has numerous sites available to the Company which will increase GCE’s development pipeline of multiple projects extending into the next decade.In 2014, the Company concluded multiyear feedstock supply contracts with Sonoco Recycling for waste plastics and Liberty Tire for end of life tires.
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