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Wednesday, 04/02/2014 9:08:15 AM

Wednesday, April 02, 2014 9:08:15 AM

Post# of 926
GTSO 10K out - and it ain't pretty....

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9891098

Diamond V Joint venture appears to be a bust, along with the purchase of Global Cell Buyers. The JV with Chilerecicla is stated to be such an unknown, that the company has essentially written it off (but is hopeful it will be "positive").

The company issued a staggering $651k in toxic convertible notes (at $0.01/share), some of which has already been subsequently converted. As of Dec. 31, there remained $558k (or 54.6 million shares) remaining to be converted.

The company had a whopping $4k in assets for this one man, wanna-be Company....

Outstanding shares increased to 62.4 million (not including the above convertibles).
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