Gold Entertainment Group Inc (GEGP)

[TOUCAN]

S-1 Filing 3-3-10 & 40% Ownership by Insiders:

LINK: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7097033

What Does SEC Form S-1 Mean?

The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange.

Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel.

Form S-1 is also known as the "Registration Statement Under the Securities Exchange Act of 1933".

LINK: http://www.investopedia.com/terms/s/sec-form-s-1.asp

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Anyone else click on the email link in the S-1 filing and get this web page to open?

http://www.sagesystem.com/index.htm

Very interesting.

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"Management currently owns approximately 40% of all the issued and outstanding common stock of the Company and 100% of the preferred stock issued and outstanding".

Page: 8
LINK: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7097033