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mikeymgd

12/08/11 9:46 AM

#50195 RE: coloradoKid #50193

"The terms of financing are as follows: Each dredge cost = $50,000 incl. shipping. Investor purchases and owns the dredge. Sunergy lease purchases from Investor for a total payment of $62,500 over seven months as follows: After an initial operating period of 90 days, four equal monthly payments of $15,625 to pay in full. In addition, a further $12,500 worth of restricted stock at a 20% discount to market plus a 1 year warrant at a 40% premium to market is added as a form of bonus. Should the investor elect to re-invest in an additional dredge he retains the option of the same future terms. It is expected that the first several dredges will be financed on these terms. Future dredge financing terms are subject to change without advance notice. This is not a solicitation for financing but this information is provided for disclosure purposes only."

No actual name is given as the investor but I think its rather clear Gold Dredging was involved.

Once the filings are complete we will get a better window into the investors. Based on the fact that Alan Trees was onsite I feel confident he has a larger interest than just selling equipment.

Again an assumption but with Sunergy not disclosing information publicly we need to use deductive reasoning to form an belief of whats occurring.