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FTW

07/10/11 11:20 PM

#109778 RE: seatrade #109777

so when the next PRs come out and keep 'updating' the business plan, aka changing it completely to buy more time to 'start over', that will be blamed on "business as usual" correct?
Got it once again thanks
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BigBake1

07/11/11 6:17 AM

#109782 RE: seatrade #109777

Well problem one is.. There was no business in the first place, Gelding was a rented office space that was nothing more than a desk in a room. The last actual business was evicted and abruptly shut down after it failed to pay the bills and it's employees. From that point no actual business occurred and well the stall tactics were rolled out while they shopped the shell. None of the following from the January PR occurred:

Professional services have been retained for the "PinkSheets" company information filings with the intent of providing all corporate and financial information and the revised business plan to PinkSheets with the goal of being restored to current information status.

A new qualified Board of Directors will be announced in the very near future upon completion of all due diligence from the qualifying candidates.

The company's new corporate facility and testing center is located in Salt Lake City, UT and will be announced shortly.

The company website is under reconstruction and is expected to be operational in the very near future.

Company has restored several relationships for "ALGAE" derived product orders from the former company's operations and is striving to fulfill the commitments for products to ensure revenues and products.



Not a single one, and one in particular was a straight lie from the start as it claimed an actual facility that never existed..never.. Just a series of lies, a fictional CEO and further dilution to pull shareholders under further. Enjoy the RS, you certainly deserve it for your loyalty.