AI
Thursday, December 28, 2006 10:25:10 PM
That's they key question. JF says GZFX is not diluting, but who is ordering the selling?
If GGI is selling to profiteer, that is one thing. But, if GZFX has called in financing via GGI for the LITV financing, the GZFX UK expansion, or the yet-to-be-announced Canada expansion (evidenced by the titles on the website), then we are due for more dilution via GGI, which JF can legally say GZFX is not diluting as they are using GGI as the intermediary.
If the latter is the case, then we are surely in trouble. If GGI is ready to cash in the full amount, then we are surely in trouble. If JF decides to use the CD, then we are OK until the 10k, when people see we have no backing, as far as invested capital, and we can no longer state the 18 months of cash resources to fund the PRIMARY business (US rental).
I have no idea what is in store, but I will admit at this point, I am very skeptical of the means we use to move forward without attempts to leverage our yet to be proven business model.
I don't know what may happen or how, but, Good Luck
If GGI is selling to profiteer, that is one thing. But, if GZFX has called in financing via GGI for the LITV financing, the GZFX UK expansion, or the yet-to-be-announced Canada expansion (evidenced by the titles on the website), then we are due for more dilution via GGI, which JF can legally say GZFX is not diluting as they are using GGI as the intermediary.
If the latter is the case, then we are surely in trouble. If GGI is ready to cash in the full amount, then we are surely in trouble. If JF decides to use the CD, then we are OK until the 10k, when people see we have no backing, as far as invested capital, and we can no longer state the 18 months of cash resources to fund the PRIMARY business (US rental).
I have no idea what is in store, but I will admit at this point, I am very skeptical of the means we use to move forward without attempts to leverage our yet to be proven business model.
I don't know what may happen or how, but, Good Luck
