Sunday, March 19, 2017 1:26:22 PM
Key points from the company filing:
Employees
Our company is currently operated by Devon Loosdrecht, our CEO, president, chief financial officer,
treasurer and sole director. We do not anticipate hiring
employees in the near future. We intend to employ CEO of GTBC to implement our intended business
plan and plan of operations.
The fabric sale is a new operation of the Company with a limited operating history and history of
business, revenue generation or production history.
The Company has never been engaged in the fabric sale. There could be limited value to the current
portfolio of technologies and raise significant doubt about our commercial viability. Our future
operations are dependent upon many factors, including the ability to create sales from its current
portfolio of technology.
Operating results may fluctuate depending on a number of factors which may cause the value of our
shares to decrease significantly.
We will rely on certain technology that we license from GTBC. These third-party technology licenses
may not in the future be available to us on commercially reasonable terms, or at all. The loss of
any of these technology licenses could result in delays in performance of work until our company
identifies, licenses and integrates equivalent technology, and it may not be able to identify,
license or integrate any such equivalent technology in a timely manner or at all. Any resulting
delays in performance could damage our reputation, which could materially adversely affect our
business, operating results or financial condition.
Total Stockholder Equity
(52) (31) 12
Net Tangible Assets
(52) (31) 12
Much ado about nothing.
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