Replies to post #2611 on Green Envirotech Holdings Corp (GETH)

[BeerIsGood]

Who is getting over $200K a month in wages and for what?

Operating Expenses

The wages and professional fees for the three months ended September 30, 2012 were $826,164 as compared to $87,903 for the three months ended September 30, 2011. The wages and professional fees for the three months ended September 30, 2012 included $206,442 in professional fees and $619,722 in wages.

[BeerIsGood]

Green EnviroTech Holdings Corp on September 30, 2012 had a balance of cash in the bank in the amount of $9,954. The Company had no accounts receivable and no Inventory on September 30, 2012. The Company had other current assets in the amount of $4,784. The Company had accounts payable to vendors and accrued expenses in the amount of $2,323,786.