Replies to post #88553 on Green Energy Enterprises Inc. (GYOG)

[Manti]

Good job GEO. Combine with that the other tidbits I've gleaned over the past several months and the delays are understandable, although not desirable nor pleasant. I understand the first plan was to raise the funds in the US, then a tax issue raised its ugly head and they decided to go to Ireland instead. Then the size of the bond increased as well. Throw in the european bond market changing the way they process bonds. Add in someone at the underwriter wanting to take a closer look to make certain everything is kosher with a final audit, and we're where we are today.

Imo at this point in time, all we need to turn this around and make everyone happy is for enough buyers to come in and pick up the available shares and hold them until the money finally hits the qasp account. Then we'll all be smiling again.

[c7bk]

The investors (which some here refer to as the lenders for Quasar) are giving Dean the money. The policies are put up as collateral to the tune of $1.4B in life settlement policies to secure the $1B. The investors are the ones taking this money and reinvesting it in projects that will bring them the highest return such as Quasar.

There are many arguements for the delay but the fact remains these investors, or lendors, or financers have a big say so in Quasar.