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Re: Stock_Addict post# 3487

Friday, 12/14/2007 12:42:49 PM

Friday, December 14, 2007 12:42:49 PM

Post# of 11034
From the last 10Q, GTEC has not 70M$ in revenues (it had 3M for the first 9 month of 2007) and is not profitable (it has a 1.7M$ loss for the same nine months, which is a lot more than CLBE).

It has a much worse cash flow, and the accumulated deficit is at 18M$, a lot more than CLBE.

You are a liar.

ps. GTEC also recently issued preferred stock convertible to as much as 300M shares, and rised the AS to 600M shares (the current OS was at 80M) so major dilution is going to happen there.

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