Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Subsequent Event

v2.4.0.8
Note 11 - Subsequent Event
3 Months Ended
Mar. 31, 2014
Notes  
Note 11 - Subsequent Event

Note 11 – Subsequent Event

 

On July 1, 2014, the Company entered into a Technical Services agreement with two distinct components and scope for a total contracted price of $924,687. The two components are (1) the Company will complete a comprehensive feasibility and financial analysis on the business and economic viability of an expanded Caribbean Energy farm for a contracted fee of $367,598, and; (2) the Company will independently develop and operate a certified germplasm nursery over a 12 month period for a contracted fee of $557,089.