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Re: grinchstyle post# 4

Tuesday, 12/09/2014 10:42:10 PM

Tuesday, December 09, 2014 10:42:10 PM

Post# of 25
Wow! GLXC, total asset: $276. The insiders acquired 2.5 Million shares at $0.06, LOL!

GILAX, CORP. (the “Company”) was incorporated under the laws of the State of Nevada on May 17, 2011 and intended to commence operations in the distribution of railway ties in North America. On October 25, 2013 Seidenschnur Verwaltungs AG purchased 2,500,000 shares of restricted stock of Gilax Corp., representing 77% of the shares in the Company from Aleksandr Gilev, its Director, for $150,000 in cash. On October 25, 2013 Aleksandr Gilev resigned his official position as Director of the Corporation. New Directors of the Corporation, changed business direction into acquiring various mineral properties that have the potential to yield high returns. The Company is in the development stage as defined under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915-205 "Development-Stage Entities.” Since inception through July 31, 2014 the Company has not generated any revenue and has accumulated losses of $161,819.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10214369

0 revenue and lunch money, totally a POS !

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