Green Globe International Inc (GGII)

[flaflyersfan]

roger wilco, GRXI 10KSB due March 31, 2008;

Last years 10KSB was over 1 month late and filed on May 9, 2007 and GRXI got the E. They could be forced to the Pink Sheets if they file the 10KSB late for the 4th year in a row;

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
12/16/2004 12/17/2004 GRXIE GRXI GTREX, Inc. Common Stock
5/17/2005 5/18/2005 GRXIE GRXI GTREX Capital, Inc. Common Stock
4/28/2006 5/1/2006 GRXIE GRXI GTREX Capital, Inc. Common Stock
5/10/2007 5/11/2007 GRXIE GRXI GTREX Capital, Inc. Common Stock

http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=GRXIE&OTCBB=OTCBB

Before the 10KSB, we should see an 8-K/A with the financials of Green Globe and STDI.

STDI- Australian Corporation;

http://www.abr.business.gov.au/(s21uxh45czhsqqvspa24d0iy)/search.aspx?SearchText=SUSTAINABLE+TOURISM+DEVELOPMENT+INTERNATIONAL+INC&StartSearch=True

The agreement was for 830,000,000 shares of GRXI for Green Globe and an additional 500,000,000 shares for SDTI. With Outstanding shares currently at 4.6 Billion with a 5 Billion Authorized Share count; GRXI's obligations to Sequoia and Golden Gate have effectively maxxed out Authorized. There is no stock left to pay people $3,000 per month (30 million shares @ .0001).

IMO Either Authorized Shares are going to 10 Billion- 20 Billion or a Reverse Split is necessary. period. With 5 Billion A/S and about a 200:1 Reverse; 25 million O/S and .02 stock might not be high enough for efficient dilution.

Good luck.