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Greatland Power Corporation

Greatland Power Corporation


Greatland Power Corporation's financial review


Greatland Power Corporation information

GREATLAND POWER CORP (the “Company”) is a Nevada corporation organized on October 31, 2013 to produce and sell electric power generated from natural gas, pursuant to joint ventures being entered into with Native American/First Nations ("Indian") communities. The joint ventures will sell power to the communities themselves, and to industry and utility customers through the influence and entitlement...
GREATLAND POWER CORP (the “Company”) is a Nevada corporation organized on October 31, 2013 to produce and sell electric power generated from natural gas, pursuant to joint ventures being entered into with Native American/First Nations ("Indian") communities. The joint ventures will sell power to the communities themselves, and to industry and utility customers through the influence and entitlements afforded by their "Indian" status. Such an initiative is facilitated by long standing business relations between the Company’s founders and their associates, and a large number of Indian groups in Canada and the USA. The Company's business is presently focused in Western Canada where much of management's Indian relationships and influence lie, and in Northern USA, e.g. North Dakota, South Dakota, Maine. Electricity revenues recur for the term of a power sale contract, and may conceivable continue indefinitely. Naturally this means that as contracts are executed and projects implemented, recurring revenue streams to the Company will increase as each new project comes on line. Execution of power sales contracts is the trigger for project funding (multiple sources including equipment suppliers themselves), project implementation, and commencement of recurring long-term revenues and cash flow. To date, over $293,000 has been invested in the Company. Historical financial results and current position reflect the Company's work with strategic partners, securing three joint ventures and prospect pipeline, and initial feasibility work on several projects. Prospective Indian partners are as motivated by the economic benefits (revenue sharing and employment opportunities for community members), as they are by the power self-sufficiency and better pricing incentives the model presents, and interest in the joint venture business model has exceeded expectations. Funding is now sought to enable the Company to respond to, and capitalize on the opportunities presented.

Greatland Power Corporation's financial review

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