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Bansky

10/25/11 12:18 PM

#35951 RE: Bansky #35285

I just heard from the people at the oil terminal in Pennsylvania. They have been doing water purification studies and they are working with GMND in many areas. The owners confirmed the following:
1) The terminal facility is associated with the Sunoco pipeline. 2) The owner of the terminal is asscoiated with the T. Boone Pickens organization. The association is strictly that the owner is a promoter in the natural gas industry and is involved with alternative energy methods.
3) The facility has no debt,mortgage or outstanding financial issues.
4) There is much environmental and engineering work being done there.
5) GMND will benefit with any revenue stream that the facility generates.
6) the facility sits on the Marcellus Shale and is the only site of its kind on the PA state wide Susquehanna River.