GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) Message Board

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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)

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To: gammaray who wrote (378)	6/20/2002 4:08:55 PM
From: Mahatmabenfoo	Read Replies (1) of 394

"You can say there were no sales since 1990" I did say it. GTSM says it too -- now. But in 1997 it claimed several times to have sales, including one for $1,200,000. But those sales never turned into money. And there's not a chance GTSM could even have hoped for sales then, because it had no operations then. GTSM lied. I back up my statements with quotes from press releases and SEC statements. "that Galtech had no facilities for the purposes of production is simple minded" PULEEZE -- that is so silly! So what happened since 1996 -- the facilities that were supposedly capable of production have since disappeared? GTSM doesn't have them now (at most it has facilities to do tests, but not enough money for raw materials for tests). Maybe GTSM's facilities of 1996 are lost, and GTSM will find them as soon as it has the guts to rev up lying to 1997 levels. GTSM's press releases that it had production facilities in 1996 and sales in 1997 were lies, and the best evidence for this is GTSM... - Charles ==== 10KSB April 02, 2001 ========== We have not had any material operations since approximately 1990. In anticipation of renewed operations.... ====== 10Q SB For the quarter ended September 30, 2001 =========== Results of Operations. We have not had any material operations since approximately 1990. ========= From Sb2 ===============February 5, 2001.========= Galtech was organized on June 18, 1984 Galtech began operating in approximately January, 1986. ... A fire destroyed our facilities in 1990 and we have only recently recommenced our semiconductor development activities.

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