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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)

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To: gammaray who wrote (348)6/14/2002 1:12:38 PM
From: Mahatmabenfoo  Read Replies (2) of 394
 
gam said: "I could answer most of the questions and in particular the question about the lab report but I will not."

Ha!

You can't get away from the fact that GTSM made these statements:

1. 1987 "maybe biggest breakthough in semi-conductor history"
2. 1996 we have opened large production facility for semiconductors
3. 1996 (approx) we have $10m for motor

You've admitted #2 and #3 are flat out inaccurate -- dead and obviously wrong despite being never retracted by GTSM

The silliness of #1 is revealed by the record -- or rather the lack of a record.

Those facts alone are enough for me to know this company is a scam. And the questions you could but won't answer cover a lot more than that.

Against these things your contention that:

- the alleged loan (that we know will never be repaid) by some mysterious no-address venture company in return for shares should be called revenue

- but payment for shares is not revenue

doesn't answer anything important about GTSM. It does, however, make obvious who wears the reality blinders here.

- Charles
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