Tuesday, December 09, 2014 10:12:36 PM
Weed & Company read, noted and signed off verbatim the information that was already available in the quarterly financials submitted by GRCU per Cruz.
Straight and transparent.
http://www.otcmarkets.com/financialReportViewer?
symbol=GRCU&id=125012
"The operating results for the periods presented are not necessarily indicative of financial results for the
full year. Moreover, the results do not provide a meaningful comparison against prior periods. The
financial statements have been prepared based upon the Material Definitive Agreement entered on
February 1, 2014 and closed on February 25, 2014 wherein Privileged World Travel Club, Inc., a
Delaware corporation, (1) purchased the Company’s entire business, including all assets; (2) assumed all
of the Company’s outstanding debts; and (3) agreed to indemnify the Company from any and all claims
related thereto for a purchase price consisting of 4,062,500 shares of common stock of Privileged World
Travel Club, Inc. As such, the financial statements reflect no operations, zero assets and zero liabilities
as of February 25, 2014. Investors are cautioned that even though the financial statements reflect no
operations, zero assets and zero liabilities as of February 25, 2014, none of the Company’s creditors
agreed to the assumption of the Company’s outstanding debts by Privileged World Travel Club, Inc. and
that if Privileged World Travel Club, Inc. is unable to honor its obligations to satisfy the Company’s
outstanding debts, then those creditors will have a claim against the Company."
PAGE 10 of 25
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=125793
"In addition to the Information and Other Information, as defined above, the OTC Disclosure and News Service contains information posted by the Issuer between November 13, 2012 and October 23, 2009. I did not review or consider these documents. While I consider the Information, as defined above, to be reliable, I do not consider the Other Information, as defined above, to be reliable, in large measure because prior management of the Issuer did not provide full copies of or full access to the historical financial information concerning the Issuer. Accordingly, there is an information gap (NO UNDERLYING DATA) from what prior management filed in February 2014 for the 3rd Quarter Ended September 30, 2013 and the fresh start presented in the Issuer’s Quarterly Report – Disclosure Statement – Financial Statements – Notes to Financial Statements for the period end date of June 30, 2014 posted on August 14, 2014 (the “Information”). The operating results for the periods presented in the Information are not necessarily indicative of financial results for the full year. Moreover, the results do not provide a meaningful comparison against prior periods. The financial statements have been prepared based upon the Material Definitive Agreement entered on February 1, 2014 and closed on February 25, 2014 wherein Privileged World Travel Club, Inc., a Delaware corporation, (1) purchased the Issuer’s entire business, including all assets; (2) assumed all of the Issuer’s outstanding debts; and (3) agreed to indemnify the Company from any and all claims related thereto for a purchase price consisting of 4,062,500 shares of common stock of Privileged World Travel Club, Inc. As such, the financial statements reflect no operations, zero assets and zero liabilities as of February 25, 2014. Investors are cautioned that even though the financial statements reflect no operations, zero assets and zero liabilities as of February 25, 2014, none of the Issuer’s creditors agreed to the assumption of the Issuer’s outstanding debts by Privileged World Travel Club, Inc. and that if Privileged World Travel Club, Inc. is unable to honor its obligations to satisfy the Issuer’s outstanding debts, then those creditors will have a claim against Company"
PAGE 3 of 5
Then, as his services was no longer needed, he was dismissed.
GO GRCU / GCI
"PEACE"
ROMEO & HOMEO
Straight and transparent.
http://www.otcmarkets.com/financialReportViewer?
symbol=GRCU&id=125012
"The operating results for the periods presented are not necessarily indicative of financial results for the
full year. Moreover, the results do not provide a meaningful comparison against prior periods. The
financial statements have been prepared based upon the Material Definitive Agreement entered on
February 1, 2014 and closed on February 25, 2014 wherein Privileged World Travel Club, Inc., a
Delaware corporation, (1) purchased the Company’s entire business, including all assets; (2) assumed all
of the Company’s outstanding debts; and (3) agreed to indemnify the Company from any and all claims
related thereto for a purchase price consisting of 4,062,500 shares of common stock of Privileged World
Travel Club, Inc. As such, the financial statements reflect no operations, zero assets and zero liabilities
as of February 25, 2014. Investors are cautioned that even though the financial statements reflect no
operations, zero assets and zero liabilities as of February 25, 2014, none of the Company’s creditors
agreed to the assumption of the Company’s outstanding debts by Privileged World Travel Club, Inc. and
that if Privileged World Travel Club, Inc. is unable to honor its obligations to satisfy the Company’s
outstanding debts, then those creditors will have a claim against the Company."
PAGE 10 of 25
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=125793
"In addition to the Information and Other Information, as defined above, the OTC Disclosure and News Service contains information posted by the Issuer between November 13, 2012 and October 23, 2009. I did not review or consider these documents. While I consider the Information, as defined above, to be reliable, I do not consider the Other Information, as defined above, to be reliable, in large measure because prior management of the Issuer did not provide full copies of or full access to the historical financial information concerning the Issuer. Accordingly, there is an information gap (NO UNDERLYING DATA) from what prior management filed in February 2014 for the 3rd Quarter Ended September 30, 2013 and the fresh start presented in the Issuer’s Quarterly Report – Disclosure Statement – Financial Statements – Notes to Financial Statements for the period end date of June 30, 2014 posted on August 14, 2014 (the “Information”). The operating results for the periods presented in the Information are not necessarily indicative of financial results for the full year. Moreover, the results do not provide a meaningful comparison against prior periods. The financial statements have been prepared based upon the Material Definitive Agreement entered on February 1, 2014 and closed on February 25, 2014 wherein Privileged World Travel Club, Inc., a Delaware corporation, (1) purchased the Issuer’s entire business, including all assets; (2) assumed all of the Issuer’s outstanding debts; and (3) agreed to indemnify the Company from any and all claims related thereto for a purchase price consisting of 4,062,500 shares of common stock of Privileged World Travel Club, Inc. As such, the financial statements reflect no operations, zero assets and zero liabilities as of February 25, 2014. Investors are cautioned that even though the financial statements reflect no operations, zero assets and zero liabilities as of February 25, 2014, none of the Issuer’s creditors agreed to the assumption of the Issuer’s outstanding debts by Privileged World Travel Club, Inc. and that if Privileged World Travel Club, Inc. is unable to honor its obligations to satisfy the Issuer’s outstanding debts, then those creditors will have a claim against Company"
PAGE 3 of 5
Then, as his services was no longer needed, he was dismissed.
GO GRCU / GCI
"PEACE"
ROMEO & HOMEO
