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Thursday, August 10, 2006 10:03:59 AM
The Q2 SEC Filing written by GZFX states VERY CLEARLY....DIRECT QUOTE....
"We currently have $3,700,000 in stock subscriptions
receivable that we believe we will be able to collect in the next nine months."
Read on a little further....
"We filed a registration statement under Form SB-2/A during 2005 related to exercisable warrants being registered in behalf of Golden Gate Investors, Inc. to purchase 15,000,000 shares of our common stock at $1.09 per share which approximately 3,400,000 shares still remain as of June 30, 2006 providing future funding of approximately $3,700,000."
"We currently have $3,700,000 in stock subscriptions
receivable that we believe we will be able to collect in the next nine months."
Read on a little further....
"We filed a registration statement under Form SB-2/A during 2005 related to exercisable warrants being registered in behalf of Golden Gate Investors, Inc. to purchase 15,000,000 shares of our common stock at $1.09 per share which approximately 3,400,000 shares still remain as of June 30, 2006 providing future funding of approximately $3,700,000."
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