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littlejohn

04/29/08 12:02 AM

#2491 RE: mick #2482

mick, GCOG shows in their latest 10K filing that they are in default to Cornell Capital Partners...Need other banking approval to raise the allowed share count to satisfy the debt...Could just do a reverse split and move ahead...

If the article had been worded Gulf Coast and East Texas oil and gas reserves it would likely have the same meaning...

Looks like too many Capitol letters in the header for the business release may be confusing...PERHAPS...LJ