Replies to post #4611 on Green Envirotech Holdings Corp (GETH)

[BeerIsGood]

The equipment he is getting at discount is for a demo model plant.

He already PRed he had funding from Ebbros - why haven't they wrote a check to get the demo plant operational to fulfil their own contract?

[BeerIsGood]

What's the holdup?

FEEDSTOCK
GETH has secured feed stock supplies of tires and plastic for several locations in the US.

LOCATION
June 2012 -
De Laurentiis added, "We are working with a local city government in California on the permits and a building with a commercial realtor who is negotiating the rental terms for the identified building.

PERMITS & EQUIPMENT
May 2012 -
we believe the permits can be completed in the next few months. The equipment could be ready to deliver at approximately the same time table as the permits being issued.

FUNDING
Ebbros has decided not only to fund the plants but also to invest in the Company.

SALES
Ebbros obtained the agreement with Phillips 66 Company "ConocoPhillips Contract" to purchase approximately 206 barrels per day of oil produced by Green EnviroTech Holdings.