Saturday, December 20, 2008

Q & A with Mr. Kreisler

With so much news since Monday - some 11 blogs - I thought I would rerun these two interviews for those that missed them the first time around. Of course the biggest news for the week was the $34M investment and the COES financing. More on that later.
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Here are some questions that the SkunK submitted about the 3Q (pre recent 8-Ks) a few days ago to Mr Kreisler - I just received and posted the answers.

Question: Legal Proceedings - Scozzafava v. GS AgriFuels Corporation, et. al and LeBlanc v. Tomoiu, et. al., both dropped off the legal proceedings segment in the 3Q. Have these been settled?
Answer: Yes.

Question: Financing - GS CleanTech has a planned Preferred Stock Financing with a goal of a close on or before January 1, 2009. Can you tell us how this will work? Will it be offered to the public? Are there any updates on this, Sustainable Systems or other financing?
Answer: Not to the public. Not at this time. An update regarding Culbertson progress will be provided as appropriate.

Question: New Administration -The New Administration has a stated policy of jump starting the Green Economy. Can you give us your opinion on how that may effect GERS? GERS has continued to make steady progress in very hard times, while new energy giants (VeraSun) have failed. Do you remain optimistic about the future?
Answer: Short answer: yes. Long answer: We bought a case of "Yes We Can Cola" from Jones Soda. Dust the alkali off your history books and look at the parallels between now and the post-Depression years. Look at the new leadership, the magnitude of the challenges, and the urgency of the need. Think of the roles of job creation, infrastructure, energy, water, food. Think of the role a properly capitalized GreenShift can play. Think of the barriers to entry new cleantech companies face today and the head start we have. Then think of the state of the financial and commodity markets, the volatility ahead, and the enormity of the opportunity we have to build fantastic value for our shareholders and clients by streamlining the flow of natural resources into, through, out of and back into our economy. We greenshift the corn ethanol hill first - to the point where it is competitive without the credit. Wastewater is next.

Thanks to the CEO for taking the time to answer these questions,
SkunK

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