I know that some here can read and some cannot! or they are attempting massive deception.....I don't give a ratz....where this is accounted for on the balance sheet....as far as I am concerned it would be promised debt not yet collected but it is still tied to GGI and further dilution! by GZFX's own words, not mine!
The Q2 SEC Filing written by GZFX states VERY CLEARLY....DIRECT QUOTE....
"We currently have $3,700,000 in stock subscriptions
receivable that we believe we will be able to collect in the next nine months."
Read on a little further....
"We filed a registration statement under Form SB-2/A during 2005 related to exercisable warrants being registered in behalf of Golden Gate Investors, Inc. to purchase 15,000,000 shares of our common stock at $1.09 per share which approximately 3,400,000 shares still remain as of June 30, 2006 providing future funding of approximately $3,700,000."
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