"The Company is continuing its current business model, but also currently contemplating a change in business focus from oil and gas exploration activities to internet, technology and entertainment related businesses, however, as of the date of this filing, the Company has not undertaken any actions in connection with its contemplated internet, technology or entertainment related operations."
Seriously now folks, why the HELL do you spend a decent amount of money (and time/effort) to buy a shell, change the name (etc.)... have a reverse split... all of which reveal a new purpose/intentionality, without an evident plan/means to make it operational, without taking steps to make it operational, and even the language corresponding to transition from former oil and gas to internet is tentative ("contemplating")?
Common sense/logic lead one to believe the 10-K was merely an immediate hoop-jump, everything conveying the minimal to keep up on filing... while (hopefully) the real story is they are putting it all together in the background. Any experts here who can shed light on the value to Krieg/ GNZR?
