Replies to post #47701 on GSDT Fintech Group Inc. (GSDT)

[Steady_T]

The books are as you say consolidated.

That means that totals are rolled up at the end of reporting periods. That doesn't mean that the detail level information is available and current.

[col_brewer]

Status of STS/EVRM financial reporting

From the EVRM PR dtd 9/11/2009

http://ih.advfn.com/p.php?pid=nmona&article=39426676&symbol=EVRM

"The companies will consolidate certain aspects of their businesses such as contract management, administrative functions and financial reporting while operations and division management will remain independent."

Just FYI.... EVRM became a SDVOSB by acquiring STS

"Furthermore, we structured this acquisition so Evermedia will now become a Service Disabled Veteran Owned Small Business. This will create tremendous contracting and financial opportunities for us going forward."

Another advantage of the takeover is getting some income

From company PR dtd 1/15/2001

http://ih.advfn.com/p.php?pid=nmona&article=41126407&symbol=EVRM

"Our acquisition of System Technology Solutions yielded positive revenue and earnings in the third quarter of 2009, marking the first time the Company generated income"

No opinions on my part... just reiterating what the company has reported