GEMZ Corporation (GMZP)

[pdicamillo1]

Important DD info for GMZP:

The last filing I can find for GMZP is dated May 4, 2006.

As of this filing (December 31, 2005) GMZP had a total Outstanding share count of 901,624,694 common stock.

Yahoo finance also confirms this number.

This is vastly different than the # being reported by OTC markets.com which has the OS at 6.1 billion. I have went through all available GMZP reports and I can't find out where they are getting this number from.

Also, as of December 31, 2005 the company had a total deferred tax asset of approx. $5,667,917 and a net operating loss (NOL) carry forward of $19,479,873 which will expire in 2014 to 2022.

We also noticed a NOL in the tens of millions in AVVH. This could be something SSM is looking at when they choose these custodial candidates.

So the bottom line is the market cap being reported by OTC markets is way over the actual market cap and this thing has plenty of more room to go higher.

Actual market cap (as far as I know) is 901,624,694 x $0.0171 = $15,418,090.

Next post I will compare all the SSM market caps of the various custodial plays.