Saturday, October 29, 2011 9:54:33 PM
GEAR Security Details
Share Structure
Market Value $157,756,400 a/o Oct 28, 2011
Shares Outstanding 1,660,593,683 a/o Sep 14, 2011
Float 210,049,363 a/o Sep 14, 2011
Authorized Shares 2,900,000,000 a/o Sep 14, 2011
Par Value 0.001
So GEAR has a market value of $157,756,400 - but no proven assets
What actual assets does GEAR have? A JV to loan a company money to get a silver mine into production. What if that mine turns out to be played out? GEAR will owe that money to someone.
Golf Gear International was formed Oct 1, 1996. Dale K. Geck, a Canadian citizen was pres. and dir. Merlin Larson was treas, sec. and dir.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ubg825fVL9QP8YyP6gWlSA%253d%253d
Dale K. Geck of Vancouver, B.C. is one of 3 directors of Granite 2000 Speciality Products, Inc.
595 BURRARD STREET
SUITE 1000 PO BOX 49290
VANCOUVER BC V7X 2S8
Originally formed as a golf equipment company, the Company ultimately transitioned industries from Sporting Goods to Residential Construction through the acquisition of Crowfoot Management, Inc. The Company has focused on building environmentally sustainable housing. The Construction Industry proved profitable for GolfGear until the collapse of the North American housing market. Fortunately, Management recognized the disturbing pattern developing and was able to insulate the Company from potential losses.
The Company is continuing to evolve. Management believes that the Gold and Silver Mining and Processing Industry offer the Company and its shareholders the best opportunity for generating substantial revenues and profits.
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