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Microcap & Penny Stocks : GCHC GREATER CHINA CORP

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From: straight-->arrow	12/2/2007 11:00:04 AM
	of 858

Check this out. Doing a little DD pays. Old saying "Follow the money". especially winners. This from the latest 10-QSB of CHNQ:Note the name Harry Edelson-one of GCC's advisors and owner of more than a million shares of GCHC. Who is also involved in CHNQ-none other than John Allen. Any question as to the future of GCC should be made pretty clear from these associations. "Commencing on March 20, 2007 and ending upon the acquisition of a target business, we began incurring a fee from Edelson Technology Inc., an affiliate of Harry Edelson, our chairman of the board and chief executive officer, of $7,500 per month for providing us with office space and certain general and administrative services. Additionally, on August 9, 2006, Harry Edelson advanced an aggregate of $125,000 to us for payment of offering expenses on our behalf. This loan was repaid following our initial public offering from the proceeds of the offering."

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