Replies to post #157931 on Green Energy Enterprises Inc. (GYOG)

[drudy23]

Yes, that is what Newby told everyone...is that the truth?

That's the part where Newby comes into question...not only his qualifications, but his sincerity and self-awareness of what he can actually do.

[gattes12]

This is the reason for the objection:

Mr. Newby has informed the Company that The Assets Backing the SBLC presented to the bank for the cash funds of the Loan had been rejected due to insufficient funds backing the SBLC. This bank is requiring that any SBLC that is to be pledged as collateral must be 100% cash backed and not a combination of cash equivalent Assets.

Clearly stated.