ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

GESI General European Strategic Investments Inc (PK)

0.0332
0.0168 (102.44%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
General European Strategic Investments Inc (PK) USOTC:GESI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0168 102.44% 0.0332 0.0001 0.29 0.0332 0.0332 0.0332 146 21:15:12

GESI Announces Major Development for $45 Million Funding of its Alternative Energy Project on StockTradersTalk.com Radio Show

13/07/2012 2:15pm

Business Wire


General European Strateg... (PK) (USOTC:GESI)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more General European Strateg... (PK) Charts.

Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) announced today that its CEO Gordon MacKay appeared on www.StockTradersTalk.com Radio show on July 12, 2012, and that essential terms for the funding over $45 million for the full build out of its state of the art renewable energy plant utilizing waste rail ties in Alberta Canada.

Through the partnership with InREFCo, GESI announced that they have entered into an agreement for the source and source of funding of the plant which will be an equity percentage funding of the project. The funding will not in any way depend upon shares of the public company. MacKay stated that the terms of ownership would be heavily in favor of a majority ownership by GESI for the project.

Jason Watson, President/CEO of InREFCo (International Renewable Energy Facilitation Company), informed listeners that the funding was definitely under terms favorable to GESI and its shareholders. He stated that the engineering and production were excited about this project, which he said would be done with proven technologies to convert the high BTU value of waste rail ties to energy. Watson said that with InREFCO, GESI has now satisfied the technology required and gained the source of financing. The technology is being produced by a large and well known manufacturer and is being tested for on site build out at GESI’s site in Alberta.

MacKay related that GESI was pleased it could keep delivering on its business plan of not relying on dilution of its stock to make the funding. MacKay said that GESI should be able to announce within the next 2 to 3 weeks the complete names of the funding source, exact percentages and final details of the first draws.

The interview can be heard at www.stocktraderstalk.com.

About GESI Green Energy Solution Industries, Inc. is a project developer for renewable energy projects in Canada. Utilizing in-depth due diligence, GESI has developed business plans, contracts and agreements with resource providers, land owners, waste sources, technology providers, and government entities for the placement of renewable energy projects. GESI is now a public company with administrative offices in Houston, Texas and operations in Alberta, Canada. For More Information on GESI see the web site at www.gesienergy.com

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans,"" projected," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

1 Year General European Strateg... (PK) Chart

1 Year General European Strateg... (PK) Chart

1 Month General European Strateg... (PK) Chart

1 Month General European Strateg... (PK) Chart

Your Recent History

Delayed Upgrade Clock