Welcome To The Global Clean Energy Holdings HUB On AGORACOM

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Message: Mobius -

Mobius -

posted on Jun 19, 2008 08:38AM

''In order to establish and drive its new business, the company hired Richard Palmer, a seasoned energy executive with many years of experience in the alternate energy and bio-fuels industry. To further support the new effort, the company has entered into a consulting agreement with Mobius Risk Group LLC, a leading energy risk management company

In a strategic move to bolster its board’s bio-fuels, risk management, and financial expertise, MDI appointed three new directors to its board of directors; Richard Palmer, its new president and COO, Eric J. Melvin, the CEO of Mobius Risk Group, and Martin Schroeder, the executive vice president & managing director of The Emmes Group, a strategic business development, assessment and planning organization. In order to provide additional funds for its new operations, Medical Discoveries has entered into a $1 million loan agreement with a third party lender.

Medical Discoveries purchased Global Clean Energy Holdings LLC from Mobius Risk Group and Palmer in exchange for 63,945,257 shares of its common stock. Of the 63,945,257 shares, 27,405,111 shares were issued subject to the Company achieving certain specified performance milestones. Some or all of the 27,405,111 shares may be cancelled if the milestones are not met. ''

http://www.biofuelsbusiness.com/feat...



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Mobius Risk Group publishes "The Mobius Report" on a weekly basis. The Mobius Report summarizes market activities and provides insight on forward markets.

To receive a complementary copy of "The Mobius Report", please contact Mobius at 1.866.MOBIUS1, or [email protected]

http://www.mobiusriskgroup.com/subpa...



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