Global Clean Energy, Inc. has been fully engaged to get its Algae REIT project to the point of finalization. GCE has selected the property to be used for building out its fully enclosed algae feed stock production facility. The property is a total of 20+ acres and has enough land mass for 2 acres of research land devoted to algae feed stock development. The company will give the final presentation for REIT funding the second week of November, now that the configuration is completed. The total amount of the REIT funding is $50 million, the offering price has yet to be determined. The REIT participants will be announced upon commitments received. The Algae REIT facility will be producing product for a nearly zero carbon base system. Electricity will be produced by solar panels, which research is being done that algae application could increase efficiency by a factor of 5. The only ongoing carbon usage will be the trucking of product to market.