Replies to post #137838 on Green Energy Enterprises Inc. (GYOG)

[Adjustedtosteep]

The assets come from the partial value of the acquisitions. Just like buying a house....you get a loan, buy a house, and the house is the asset that backs the loan. Pretty simple actually.

[iwondertoo]

One of the posters, there have been sooooo many, I can't remember who.....said that the $10 million was secured with our portion of the heli parts. Which is feasible, as long as you are taking them at their word about the valuation. I assume you do, since you are invested. If you believe they are worthless as our resident bashers like to portray, then that is not feasible....as I'm sure that Newby insisted on someone else's word, and not just Dean's.

But, if Newby is honest about this loan, then he found something worth the money in all these parts that Dean is assembling. If he isn't.....then it doesn't really matter what he says, you have no idea what is happening......

[NikitaG]

I agree, this guy Newby was involved with another company's funding. The stock had a nice little run after the funding was announced, but it was short and now the pps is below where Newby got in, and the funding has never been done.