GC China Turbine Corp. (GCHT)

[ScamExposer11]

What earnings are you expecting to see? Revenue generated from shares sold into their paid stock promotions? What has changed since then?

Read this SEC filing:

http://biz.yahoo.com/e/090814/gcht.ob10-q.html

Revenues

During the three and six month periods ended June 30, 2009 and June 30, 2008, we earned no revenues from operations.

General and administrative expenses

During the three and six month periods ended June 30, 2009, we incurred total expenses of $41,363 and $41,364, respectively, as compared to $7,169 and $16,86 for the three and six month periods ended June 30, 2008. The increases in expenses were related mainly to investor relations expenses, legal fees and interest expense.

Expenses or other cash flows in this period may not be indicative of future periods as we are in the early pre-exploration stage.

From this SEC filing:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6872894-1139-296010&type=sect&TabIndex=2&companyid=739283&ppu=%252fdefault.aspx%253fcik%253d1380528

"We are subject to particularly lengthy sales cycles.


We are subject to lengthy sale cycles that may last over nine months. These lengthy and challenging sales cycles may mean that it could take longer before our sales and marketing efforts result in revenue, if at all, and may have adverse effects on our operating results, financial condition, cash flows and stock price. "

The best one of all:

"A limited number of customers account for a significant portion of our sales.

For the current fiscal year 2009, three customers account for all of our sales revenue. Our near term, and possibly long term prospects are significantly dependent upon these three customers. Revenues and outstanding accounts receivable in 2008 were solely from one customer. As a result, currently we are substantially dependent upon the continued participation of these customers in order to maintain and continue to grow our total revenues. Significantly reducing our dependence on these customers is likely to take a long time and there can be no guarantee that we will succeed in reducing that dependence. There is no assurance that any of these customers will continue to contribute to our total sales revenue in subsequent years. Under present conditions, the loss of any one of these customers could have a material effect on our performance, liquidity and prospects. To reduce this risk, we continue to build our sales pipeline and diversify our product line. "


All revenue from 2008 from ONE customer... ??!? They have 3 customers? LOL LOL - WHO are they and why have they never been mentioned in any of their PR's or on their website? And if this one customer accounted for all of 2008's revenues, why did they say THEY DIDNT HAVE ANY? Hmmmmmmm

Is it like SPNG (Spongetech) where the only big customers were venture capitalist and investment firms???

HAHA.. comeon GCHT.. who are you customers and why would we expect a profit !?!?!?