Replies to post #39 on GREM USA (fka GREM)

[shortsinthesand]

total crock of ...iit!!!
We are and will continue to be dependent on our sole officer and director, Ed Miers, to provide services and cash until we are able to generate revenues. Until such time, we plan to accrue the money expensed by Mr. Miers and will compensate him with either stock or cash when available. On March 2, 2007, Mr. Miers received 3,000,000,000 shares of restricted common stock as satisfaction for $408,548 of his accrued salary for 2005 and for $1,100,000 of his accrued salary for 2006.

-short

[shortsinthesand]

The following table presents information, to the best of our knowledge, about the beneficial ownership of our common stock on March 23, 2007, held by those persons known to beneficially own more than 5% of our capital stock and by our directors and executive officers.



Edward Miers
President, CEO, Secretary, Treasurer, Director 3,618,920,358 85.5%
315 E. Wallace Street, Fort Wayne, Indiana 46803
Cede & Co
PO Box 222, Bowling Green Station, New York, NY 10274 502,962,582 11.9%
------------------ ---------------

Total of all Officers, Directors, and Beneficial Owners 4,121,882,940 97.4%

[shortsinthesand]

Bring on the mass production! Oh wait, scratch that.

SATISFACTION OF OUR CASH OBLIGATIONS FOR THE NEXT 12 MONTHS.

We plan on satisfying our cash obligations over the next twelve months through additional equity and/or third party financing and through revenue generated from our anticipated guitar sales. During 2006, we received $440,000 in connection with our mortgage loan agreement, which carries an interest rate of 9.75% per annum and is due in monthly installments of $5,639 per month (included in this amount are principle, interest and real estate taxes), maturing July 2021. However, under our current plan of operation we may not have the minimal cash requirement to continue in operation for the next 12 months without additional equity or third party financing. Management anticipates the needs for additional funds but at this time is not able to determine how much will be necessary. We do not anticipate generating revenues sufficient enough to satisfy our working capital requirements within the next twelve months. Additionally, we will continue to issue stock to our consultants in lieu of making cash payment to consultants. In 2006, we issued consultants shares of our common stock valued at approximately $639,600.

SUMMARY OF ANY PRODUCT RESEARCH AND DEVELOPMENT THAT WE WILL PERFORM FOR THE TERM OF OUR PLAN OF OPERATION.

Gregory Reszel has been continually researching and developing our five initial prototype guitars and at this time we have completed the design of the five prototypes. We will now focus on operations on implementing mass production capabilities once sufficient funds are available, if ever, now that we have successfully moved our operations to our newly purchased building. We expect in the near future to begin selling and shipping these five prototypes. Mr. Reszel however, will continually develop and fine tune our prototypes to constantly improve the quality and sound of the guitar. In 2006, we issued shares of our common stock to Mr. Reszel in exchange for services amounting to $41,500.

[shortsinthesand]

Gator all things aside here...Do you find this acceptable behavior?

1.4 million in salary for two year so longs can have a RS and lose 99% value of your investments?

Steve Carnes roll was in management and acqusitions.. Sure looks like that money went to good use!!!!


regards

shorts