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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Rubin who wrote (2049)2/16/1999 1:25:00 PM
From: charlie newman  Read Replies (2) | Respond to of 2585
 
I received an e-mail today in regards to who is actually going to run the numbers for the audit.

According to Shawn Balaghi (his position within GGNC, I don't know).
We have word that Price Waterhouse is starting to work on our company. some info regarding this issue is due out soon.
That is his exact wording I guess it is the wait and see game, hopefully they can stick to a company and get some numbers out soon.
Not any groundbreaking news but it's all they would say.
Charlie



To: Chuck Rubin who wrote (2049)2/17/1999 8:32:00 PM
From: Jing Qian  Respond to of 2585
 
Chuck, Asia will be a final frontier. But I don't think GGNC should overly concentrate in an emerging country like China. China is still too poor to help GGNC's bottomline. Rather he should place more emphasis on developed nations. Asia, especially China, is an unproven ground. Multinationals such as GE and AT&T can afford to invest there. If GE and AT&T fails in China, it doesn't impact them much.
But if James Chu put all his resources in China, he is really gambling. Yes, I am not sure about GGNC's strategy. With only 4-5 people working in their Vancouver HQ, how can they handle the whole world? I would rather see them concentrate on one continent.