Green Cures and Botanical Distribution Inc (GRCU)

[fear ceoil]

They aren't required to file with the SEC.


But they have posted unaudited financials at the end of August for the period ending in June 2010.

Looking at the balance sheets from then, they have 1.6 Mil in assets. In the same period they began converting some debt into higher quality securities held by insiders that don't affect the common stock.

In October, they have hinted at an increase in assets to over 2 Mil and the business seems to be positioning itself for the next stage of its business plan.

One interesting note of the financials is the existence of 132K of electronic equipment alone. For an online travel coordination business, this would make sense with having servers and routers in place for the material support of the software platform. So it does seem to have business operations somewhere just not here in the USA. If anyone is skilled in chinese some research on chinese language sites would be nice.

IMO

Best to all