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Baboquivari

02/14/08 6:51 PM

#343 RE: bfotk #342

This might help explain what this trash was doing.
Straight pump and dump.
Didn't even take the time to file with the SEC to keep the investors coming in.
musta been one heck of a party!

GCA is a creditor of large proportions to Galaxy. They hold the assets of Galaxy and several principles as collateral on a loan the corp. recieved from them and spent.

http://www.sec.gov/news/digest/2007/dig082807.htm

SEC NEWS DIGEST


Issue 2007-166 August 28, 2007



ENFORCEMENT PROCEEDINGS


IN THE MATTER OF GALAXY MINERALS, INC.

An Administrative Law Judge has issued an Order Making Findings and
Revoking Registration by Default (Default Order) in the matter of
Galaxy Minerals, Inc. The Order Instituting Proceedings alleged that
Galaxy Minerals failed repeatedly to file required annual and
quarterly reports while its securities were registered with the
Securities and Exchange Commission. The Default Order finds these
allegations to be true and revokes the registration of each class of
Galaxy Minerals' registered securities, pursuant to Section 12(j) of
the Securities Exchange Act of 1934. (Rel. 34-56326; File No. 3-12700)