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Friday, 05/24/2002 10:17:30 AM

Friday, May 24, 2002 10:17:30 AM

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The new web site for Unigel can now be viewed by going to http://www.unigel.co.uk/about.htm As you will see the ugly wharehouse has been removed and a gallery of pictures has been added.

I just spent my nickle to speak directly to the main office of Unigel in the UK. For those of you that are interested and who believe GCC/Unigel is viable/profitable company. Here are a few facts.

GCC has signed an exclusive aggreement with a prominent US cable manufacture, to supply their Unilite dry filler. Unigel is the only company in the world that manufactures this innovative product.

The new web site will be handled in the UK and not through the Chinese web host. Therefore updates won't take months/years. This site will inform the investment community until the GCC web site is fully implimented.

The audits have been completed in HK and China. They are now being clean-up so our US auditor can reviewthe figures. Once this is completed, the SEC filings will be submitted. I contacted the auditor and he said 6 to 8 weeks after his receiving these figure/etc. he will complete the filings. No dates-just a timeline.

The press release of last DEC is accurate as to the record revenues and company progress. They have put out a CD-which is 7 minutes in duration. This CD describes in detail the whole Unigel operation. I have sent for one and once I receive a copy I'll try and review it for all you patient investors.

There is a effort to release some news prior to the the filings. I was told this pr will contain some general finance numbers. The management team has assured me they are intent on moving this company and the share price. They are focused on production/growth and are now going to focus more on investor relations.

It has been a long time-at least by US standards-for some visible progress-i.e the web site. Next the filings. Then an interview on one of the business networks.

Hope this helps. Have a safe holiday. GCC is doing well. Chief.


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