grem usa DD:
-As of September 30, 2007, we had one employee, other than our sole officer and director, Edward Miers. We are dependent upon Edward Miers.
-A prolonged decline in the price of our common stock could result in a reduction in the liquidity of our common stock and a reduction in our ability to raise capital. Because our operations have been primarily financed through the sale of equity securities, a decline in the price of our common stock.
-PLAN OF OPERATION
We currently have had minimal operations since we repositioned the company from our previous lines of business to the current plan of guitar manufacturing and have financed all of our operations from loans, and sales of common stock to affiliated parties and private investors. We will continue to sell our common stock to help us complete the development of our first production models. We may need to engage in additional research and development for the purpose of further refining our instruments and simplifying the manufacturing process. We hope to represent a new development respecting one of the world's oldest and most popular musical instruments, the guitar.
Summary: grem has no sales no nothing but selling stock to pay for eds salary
