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Re: Airair post# 3243

Friday, 10/06/2017 5:54:19 AM

Friday, October 06, 2017 5:54:19 AM

Post# of 17821
Proof! Insider Enrichment SCAM! With link, of course!

Read it and weep folks... it's all right here in the SEC filings... LOL LOL - What a scam!!!


https://www.sec.gov/Archives/edgar/data/1630176/000152013817000282/grck-20170630_10q.htm

NOTE 3 – GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has generated minimal revenues from operations. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and incurring start up costs and expenses. As a result, the Company incurred accumulated net losses from Inception (December 19, 2014) through the period ended June 30, 2017 of $4,750,949. In addition, the Company’s development activities since inception have been financially sustained through equity financing. Management plans to seek funding through debt and equity financing.

LOL LOL - and where does the money go??? LMAO - of course - to the insiders for their hard work of generating how much REVENUE???

$37,500 REVENUE.... LMAO


NOTE 4 – RELATED PARTY

For the six months ended June 30, 2017 and 2016, the Company had expenses totaling $52,000 and $48,000, respectively, to an officer and director for salaries, which is included in general and administrative expenses – related party on the accompanying statement of operations. As of June 30, 2017, there was $0 in accounts payable – related party.

For the three months ended June 30, 2017, the Company had expenses totaling $24,000 to an officer and director for salaries.

For the six months ended June 30, 2017 and 2016, the Company had expenses totaling $57,000 and $43,650, respectively, to a company owned by an officer and director for consulting fees, which is included in general and administrative expenses – related party on the accompanying statement of operations. As of June 30, 2017, there was $23,799 in accounts payable – related party.

For the three months ended June 30, 2017, the Company had expenses totaling $28,500 to a company owned by an officer and director for consulting fees.


NET LOSS - ($131,479)