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Re: Newb21 post# 15840

Friday, 05/24/2013 3:05:28 PM

Friday, May 24, 2013 3:05:28 PM

Post# of 34574
yes but they changed that in the april and may reports
http://www.otcmarkets.com/stock/GDGI/filings

chem lane is where they said they were in 2011
and where they are again now
except they took their larger space with them

they are just copying and pasting
and not paying attention
is what is going on there

for two reports they had the size correct
then they accidentally put the size from back in the day

as i said, i recall they said they were sharing
so it is possible for whatever accting reasons
they may be paying the full lease and sub leasing to recoup

i hope they have not paid out $30,000 (or gone that far into debt) for a 10,000 foot warehouse to hold the 100k worht of stock ( 10 machines you could fit in a studio apartments galley kitchen) already this year, but i guess i would not be surprised

i for one am not dancing a jig because having a 3 year lease on a big warehouse means they are making money hand over fist

at least the lease is almost up
if they have to scramble to find temporary facilities for assembly/mfct when they get a big sale, i think that is ok

(i suspect it is almost all subcontract mfct, cause they only have 100k worth of assets or something - that is not a bunch of fabrication equipment, that is 10 units)