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Alias Born | 01/21/2006 |
Friday, March 23, 2007 4:27:49 PM
The "company" still has several Billion SB-2A shares to sell into the OS and float....that will place the OS (and nearly all in the float less some small number of restricted shares) at around 10 Billion (easily at the current price- may need to register more shares in order to complete the SB-2A agreement with GGI)....
They are hemoraging money currently just to keep the business going....and the sub numbers are no where near where they either need to be or should be at this point in the business development stage of GZFX. JF will have no choice but to continue to sell shares of GZFX in order to attempt to offset costs of operations....etc....
Too bad really...they could have been a contender with better leadership and with someone that has a more focused vision.
My opinion....for what it is worth....but I would watch closely for a couple more months before putting any real money on the line as an investment...unless you want to trade it!
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