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Re: Jim Bishop post# 53083

Tuesday, 12/06/2005 8:32:14 PM

Tuesday, December 06, 2005 8:32:14 PM

Post# of 286613
Jim,
Since your so knowledgeable about these things..

How does one account for debt?

Not exactly sure how that works. It might count the private placement share money, and might count the accmulated deficit from each year that is essentially owed to the stockholders. But, to the best of my knowledge, we are not servicing any debt other than maybe to some suppliers.

An answer to GZFX being debt free..
Thanks,
Dave

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