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jmb015

04/04/13 2:43 PM

#19515 RE: Flat Foot #19504

Flatty, you crack me up, semantics. I've done plenty of research and will gladly provide you with some of the details. We've both been around the GESI board long enough to know this stuff. Lets review:

GESI released news yesterday that the long sought after funding for their renewable energy project has been conluded/confirmed/secured.

Green Energy Solution Industries Announces Conclusion for Renewable Energy Project Funding

"...GESI’s project funding has been confirmed."
"“We have secured the funds to complete and pursue this Joint Venture with GESI..."

http://ih.advfn.com/p.php?pid=nmona&article=57013188


This project was to build a $45-$50 million facility that would gasify waste rail ties as the feedstock at a rate of 200 tons per day.

GESI Enters Second Phase With Two $45M Funders for 200 Ton Per Day Waste Energy Project
http://ih.advfn.com/p.php?pid=nmona&article=52705847

Now, with the waste rail ties as the energy source, the gasification facility will produce electricity. The company anticipates being able to generate $9 million per year in revenues from generating electricty from this one facility.

GESI Projects Expansion of Revenue Through Direct Marketed Electricty Sales for Peak Pricing; Expansion of Gross Revenues

http://ih.advfn.com/p.php?pid=nmona&article=52759118
"...achieve a projected $9,000,000 (Canadian Dollars) revenue from sales of electricity..."


GESI / IFTF