Forza Environmental Building Products, Inc.(fka GUGO)

[jmurfk]

A few GUGO tidbits;


The 10K, due by month's end, could be huge.


Last quarterly shows 41K in revs from the sale of 800 or so panels. 40,000 panels are in the 2 year contract announced earlier in the year. The last quarter were only sales for a few weeks, not the whole quarter.

From the last Q;

Revenues: During the three months ended February 28, 2011 we generated $4,698 in gross profits from the sales of Artzer Z-Panels.

A portion of this revenue was a result of the Agreement to Purchase contract which we entered into with an unrelated company on November 27, 2010. This contract is for the sale of up to 40,000 Artzer Z-Panels which we agreed to sell on an as needed basis at $50 per panel for a total of $2,000,000; it is in effect for two years.

From the last PR;

The joint venture enables Forza and Mytek to capture a share of the multi-billion dollar "low-cost" housing market in the Western Hemisphere. The partners intend to introduce a bio-foam, insulated Artzer Z-Panel™ to meet the demand for "green" building materials in nearly all of the emerging economies. The co-manufacturing facility is to be located in Building #7 at Mytek's 60-acre North American Industrial Park.

Look like they have some subscriptions for stock at .20. From the last Q;

On October 10, 2010, the Company received a deposit of $49,000 for 245,000 shares at $0.20. As of the date of these financial statements, these shares have not been issued. (Note 8)

On November 9, 2010, the Company received a deposit of $38,000 for 190,000 shares at $0.20. As of the date of these financial statements, these shares have not been issued. (Note 8)

On December 9, 2010, the Company received a deposit of $5,000 for 25,000 shares at $0.20. As of the date of these financial statements, these shares have not been issued.

On December 22, 2010, the Company received a deposit of $18,000 for 90,000 shares at $0.20. As of the date of these financial statements, these shares have not been issued.

On January 13, 2011, the Company received a deposit of $10,000 for 50,000 shares at $0.20. As of the date of these financial statements, these shares have not been issued.


NOTE 8 – SUBSEQUENT EVENTS

Subsequent to February 28, 2011, 245,000 common shares at $0.20 per share were issued for deposit received on October 10, 2010.

Subsequent to February 28, 2011, 190,000 common shares at $0.20 per share were issued for deposit received on November 9, 2010.