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bloodhound99

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bloodhound99

Re: None

Sunday, 12/12/2010 10:51:59 AM

Sunday, December 12, 2010 10:51:59 AM

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From June 2009 10Q for GSTY

NOTE 8: SUBSEQUENT EVENTS

On May 1, 2009, the Company completed a $300,000 loan with interest at 10%. The loan is collateralized by a portion of the Company's land and is due on May 1, 2010.

The Company is in the document preparation stage for an additional loan of $1,100,000 which will also be collateralized by its real estate

I think we can add these 2 to Tony's long "failed to complete" list.
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