GMC Holding Corporation (fka GMCC)

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GMC Holding Corp. is pleased to inform all shareholders, as a result of our extensive and persistent efforts, that we have begun to receive the necessary cooperation from the Depository Trust Corporation (DTC) in identifying all broker/dealers and shareholders of GMCC stock. DTC has informed us that they will be initiating correspondence with the broker/dealers of our privately held status and request every stock certificate be released to its rightful owner. In theory the notification process to the broker dealers will result in certificates being requested and issued for all shareholders of record. Otherwise shareholders that have not requested their certificates from the broker/dealer may be subject to forfeiting dividend disbursements or any other form of compensation based on shares which are held.

We anticipate immediate cooperation from all broker/dealers concerning this matter. GMC Holding Corp. will continue to aggressively pursue this endeavor with DTC and the broker/dealers. Again, we have reiterated to DTC that GMCC is a privately held company and they or any broker/dealer is not permitted to hold privately owned stock for any reason. This violates NASD regulation and could result in legal action by GMC Holding Corp. and its shareholders.

GMC Holding Corp. will monitor this closely and continue to keep all shareholders apprised of any changes.

The SEC inquiry has yet to finalize however GMCC has recently received authorization from our legal firm in the SEC inquiry to recommence the efforts of REMAT Systems, LLC (a wholly owned subsidiary of GMC Holding Corp.). The company can now begin to explore the opportunities, which have been presented since the SEC inquiry began. Again, the company cannot comment further on the inquiry due to the lack of information and communication with the SEC.

REMAT is assembling a Board of Directors, Advisory Board, Executive Management Team, and an independent R&D team to further REMAT technologies and product line.
GMC Holding Corp. has retained AES Financial Advisors, a New York based firm to assist in the non-technical aspects of this process.

GMC Holding Corp. would like to express its encouragement with the favorable outlook of the company’s direction. We believe there is reestablished momentum and a stronger vision for the direction of REMAT Systems, LLC.

The company thanks you for your patience and understanding and we hope to continue with favorable news in the coming months.

Any questions in regards to this letter or any other company information please direct them to Dan York. [e-mail] or phone [phone]