Replies to post #36003 on Green Energy Enterprises Inc. (GYOG)

[db_s99]

SSEquus - Interested in your take on the debt below QASP may be paying off. Not all would be Equus since not that much was left at the end of Q2 according to the quarterly filing.


As of June 2009
Corporate Loan $303K
Preferred shares $373K
Investments in subs $618,951.00

Dean Bradley loaned $1M to company

purchased 1 airplane, 2 simulators
pay architect for plans for new hangar
must be a list of other things like attorneys for the acquisitions, etc.

[gattes12]

The DD is clear. The balance sheets are posted.

That's the beauty of transparency. There are no emotions attached.

The balance sheet is in no way is a reflection of the amount of shares used to pay down debt.

And this from a company that stated in a previous PR:

"The company does not anticipate a need or any reason to return to the capital markets for additional funding."

I guess that was before they "knew" they had to pay off additional debts? Yeah, that's the beauty of foward-looking statements.

When shares are sold into the market resulting in an O/S increase, it is defined as diluting. doesn't matter how it "feels".

[Anvil]

SS:

If you want facts, check out pinksheet filings and look at the debt, or lack thereof. Them the facts.