Friday, December 4, 2009

Financing for GERS?

ESYM announces 30 Nov R/S. This means that the $76M and $13M in financing will soon be started to be released.

http://ecosystem-esyr.blogspot.com/

http://www.sec.gov/Archives/edgar/data/1127242/000126912709000150/esyr8k12309.txt

Remember the first goal is to get a distressed Ethanol Plant. An investment in GERS COES could be included in the other objectives listed:

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USE OF PROCEEDS

Under the terms of the USA, the Company is permitted to use the Senior Purchase Price proceeds to facilitate (1) the acquisition by the Company of several distressed corn ethanol production facilities, (2) the acquisition and/or construction by the Company of existing corn oil extraction facilities and/or other strategically compatible cash flow producing assets, and (3) the development and integration of the Company's Cellulosic Corn(TM) technologies into the Company's acquired corn ethanol plants.

http://www.sec.gov/Archives/edgar/data/1127242/000126912709000072/esym8k73009.txt

SkunK


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