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Re: surfguy post# 5172

Friday, 03/20/2009 5:47:33 PM

Friday, March 20, 2009 5:47:33 PM

Post# of 8728
Can't conclude they have 15 M$

Read carefully the SEC documents.

Documents in contradiction, one says up to 15 M$, meaning they could have received 0$ so far, and the other one, a promissory note indicating that Glusuc signed that he received 15 M$ in one tranche. Hovever no names on Simco, indicating that this document has not been signed.

The company has to officially clarify and file again the corrected documents, unless it wants to keep it vague, which would be straight illegal.

I will agree that IF they have 15M$ in the bank, they had to be impressed by something.

In the meantime, glusac has the obligation to straighten up his act.



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