Exhibit 10.51
GLOBAL ENERGYDE MEXICO, S.A.DE C.V.
Littleton Station
1950 W. Littleton Boulevard, Suite 113
Littleton, Colorado 80120
Telephone: 303-798-4262
Fax: 303-798-4338
E-mail: harmongraveslaw@qwestoffice.net
August 24, 2007
VIA E-MAIL: hhgraves@globalenergyinc.com
Global Energy, Inc.
312 Walnut Street, Suite 2300
Cincinnati, OH 45202
| Re: | Global Energy de Mexico/S.A. de C.V.: Capital Stock |
Dear Gentlemen:
In consideration of $1.00 and other valuable consideration, I hereby assign to Global Energy, Inc. all my right, title and interest in and to the following shares of capital stock of Global Energy de Mexico:
150 Shares of Series B Common Stock,
fully paid and non-assessable
These shares and the 600 shares of Series B Common Stock held by Global Energy, Inc. constitute all of the issued and outstanding shares of Global Energy de Mexico. All shares have been issued without certificates.
I respectfully request Global Energy, Inc.’s acceptance as noted below. Thank you.
Sincerely yours,
/s/ Harmon S. Graves
Harmon S. Graves
Director of Legal Affairs
HSG/cl
ACCEPTED:
Global Energy, Inc.
By: /s/ Steven G. Rolls
Steven G. Rolls
Chief Financial Officer
