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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)
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To: gammaray who wrote (322)5/17/2002 1:25:52 PM
From: Mahatmabenfoo  Read Replies (1) of 394
 
"vendetta"? another of those personal pumper type comments.

$358 is the audited figure as of 12/31

$75,704 is *not* audited, and the 10Q suggests there the money isn't actually there.

10Q says:

On March 15, 2002 , the Company entered into a debt agreement
with Varity Global, Inc., whereby the Company would receive $80,000 in cash

See? "Would receive", not "did receive".

English.

It also says: "We did not receive any revenues during the three months ended March 31, 2002, and 2001".

other parts of the 10Q say other things -- it's the level of contradictions that I find magic.

- Charles
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