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Re: LarryAshy post# 24276

Tuesday, 02/10/2015 12:23:07 PM

Tuesday, February 10, 2015 12:23:07 PM

Post# of 41703
GT Hong Kong is a owned by GTAT but is not part of the BK.
Its activity was included in the quarterly reports to the SEC but apparently are not included in the BK reporting to the SEC.

They could be using internal transfer pricing to move the assets from one entity to the other....not sure that is allowable but someone should look at transfer pricing in the qtr ending 3/31/2015 report...due out late April / early MAy.

My comment was in referenct ro a comment made that GT showed a Sapphire sales level of $850 K +/- in the latest report which would equate to between 2 and 4 systems depending on sell price.

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