Investment Opportunity - GREAT LAKES GLOBAL ENERGY is offering 25% equity share in their wood pellet facility in exchange for a bank letter; "commit to loan".We are building a 100,000 ton/year premium wood pellet mill. We have deep sea port access for bulk shipping to Global MarketsThe parent company, Shirely Enterprises of Isabella County, LLC, is seeking interested parties that are looking to add alternative energy to their investment portfolio. The payout period for this opportunity is 3.8 years with $12,700,000 in cash reserve after 5 years.The federal and state governments are encouraging the entrance into this industry through grants and loans. We submit our application to the USDA on June 8th, 2007 for a grant of $500,000 and a guaranteed loan of $2,500,000. Every thing is in place for us to quality for the incentives. With the application we will need to submit a letter listing the remaining 25% equity share members and the two Board of Director seats associated with their investment. These members will need a "commit to loan" letter from their bank. It basically states that they have qualified to secure a loan in the amount of $5,500,000. Without this letter we cannot transfer the 25% equity share which will to be included in the USDA application by June 8th, 2007. No cash is required on your part, just a "commit to loan" letter from your bank.You should contact us as soon as possible for a copy of the Business Plan, Feasibility Study, and Pro Forma. Serious inquiries only. We look forward to hearing from you.
