Thursday, March 26, 2009 12:23:00 PM
1) This is not just a merger. IT IS A REVERSE MERGER! He said there is no more Fight Zone, Inc. All the shares from The Fight Zone, Inc. are becoming shares for Gold Recycle Corp. So, that negates the need for TFZI to add resricted shares to get a merger done with GRC.
Again, there is no more Fight Zone, Inc. This is just Gold Recycle Corp now. I forgot to ask if there is a new symbol coming, but I would surely think so, as that is standard for reverse mergers. It would be silly for GRC to keep the symbol TFZI.
2) I asked if the share structure on pinksheets.com was up to date, and he said that it was and that they plan to keep the information there updated.
3) GRC plans to copy the model of Cash4Gold, who is currently doing $32 million/month. I asked how long it would take for GRC to build up to that number and he didn't give me an exact timeline, but he did point out that the gold recycling business is huge, that they are eager and that they have everything set to go with the advertising campiagn next month after working out some minor kinks.
Here is the phone number that I called in case anyone wants to double-check what I am posting here:
972-248-2244 Ext. 103 (Mr. Epstein)
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