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Snizzle

02/16/14 11:52 AM

#18137 RE: quikfix #18136

"Gloebelq by the way is a Bain Capital funded entity that started with one small 20 MW facility in Guanacaste maybe 15 years ago. No reason we cannot be there with them. "


Someone has their sights set high.....awesome.

Thanx for posting the CEOs response here.


STLK
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Inve$tor77

02/16/14 11:57 AM

#18138 RE: quikfix #18136

WOW! nice response. Seems like everything is fine here :)
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mtkmike

02/16/14 2:17 PM

#18142 RE: quikfix #18136

Thanks for the update quikfix. Thats great to hear.
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knownbrave

02/16/14 3:21 PM

#18147 RE: quikfix #18136

CONFIDENTIAL POWERPOINT?

Just what I needed to believe again (Thank You quikfix).:-)

Has anyone seen this POWERPOINT?

Clean Renewable Energy – January 2014 Confidential
POWERPOINT DOWNLOAD

The link is provided by www.smallcapfinancialwire.com.

Which is why I am not sure that it was made by V3rsant. But if V3rsant did make this POWERPOINT then all my questions have been answered and all doubt is now out the window. Also, in the URL itself i noticed Versant-Presentation-FEB-2014-1 in it.

This has totally made me a BELIEVER again!!!
I just want to CONFIRM this was made by V3rsant and are they looking to release this PPT on their website.

HOPE YOU GUYS LIKE WHAT YOU SEE:-)
GLTA

IMPORTANT INFO I GOT FROM THE POWERPOINT:

I THINK THEY GOT GE TO BE THEIR MANUFACTURER OF THE TURBINES!:-)

Current Status:
-We have agreed on the Terms and Conditions. Price is at $0.083/ kwh, 25 years is the term and they will “collect” at the site.
-We expect to have a PPA signed by May 2014 under current conditions.
-If we experience a delay, we may pursue the Alternative Strategy at the end of May 2014, as all our studies should be completed and we should be eligible under Law 7200/7508 for a contract with ICE.

Financing
We are working directly with the Export-Import Bank of the United States and working on the closing process based on their Letter of Interest.

Structuring/ Tax
The Company’s structure was developed by Ernst & Young. It maximizes the tax benefits of the tax treaty between the US and Costa Rica.
We plan to continue to use their services to ensure the best possible tax strategies in both the US and Costa Rica.

Strategic Partners:
ERNEST & YOUNG
EXPORT-IMPORT BANK
AKIN GUMP, STRAUSS HAUER & FELD LLP
GEOLOGIA Y GEOTECNIA CONSOLTORES
GBG
DYCEL

POWERPOINT CONVERTED INTO IMAGE (ENJOY):
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I also hope to be proved to Moderate this board. It would be an HONOR to.
GLTA:-)