News Focus
News Focus
icon url

JimmyCrackCorn

11/25/05 4:21 AM

#42682 RE: jrod #42676

per 10q

As of September 30, 2005, the Company had total current assets of $480,497 and total current liabilities of $1,481,701, resulting in a working capital deficit of $1,001,204; as of that date, the Company had cash of $38,870. During the nine months ended September 30, 2005 and 2004, the Company incurred losses of $2,884,234 and $7,945,385, respectively, and the Company has an accumulated deficit of $21,387,368 as of September 30, 2005.

If the debt is gone then great - where did the money come from though?
icon url

andrius

11/25/05 4:26 AM

#42685 RE: jrod #42676

what is their revenue share agreement? What does CC get from GZFX?

I find it hard to believe that CC will just give GZFX all of this without making them pay the price. I bet CC gets a real good deal in this since otherwise why would they bother. And thats something that will cut into profits. The question is how much. Got the figures on what CC gets?