$$ D E T O N A T I O N $$
bin schon dicke im Minus *g..
ich warte auf's steigen :-)
http://biz.yahoo.com/pz/060214/94191.html
...Genesis and The YaSheng Group, Ltd. ("YaSheng") signed a Letter of Intent dated December 13, 2005. YaSheng is a Chinese biotech/agribusiness conglomerate in Gansu Province, China with annual revenues exceeding USD 665 million, profits exceeding USD 83 million, and assets exceeding USD 1.3 billion. The merger would result in a qualified YaSheng subsidiary merging into GTEC, and the succeeding entity having a majority ownership by YaSheng. With due diligence and auditing underway, the intended closing date is estimated to be 60-120 days from signing this Letter of Intent. The final merger agreement would require the approval of the GTEC Board of Directors and Shareholders. We are actively seeking acquisitions or business opportunities to, among other things, increase revenues and improve stockholder value, which businesses or lines of business may or may not relate to the current core business of the Company....
http://biz.yahoo.com/e/060113/gtec.ob10ksb.html
Genesis Technology Group's First Quarter 2006 "Shows Significant Improvement" and Reaches Breakeven Status and Profitability Forecast
Wednesday February 22, 6:30 am ET
BOCA RATON, Fla., Feb. 22, 2006 (PRIMEZONE) -- Genesis Technology Group, Inc. (OTC BB:GTEC.OB - News), a business development and marketing firm that specializes in procuring opportunities in China, released its 10-QSB for the first quarter 2006. The results, in the view of management, have positioned the Company to reach profitability and positive cash flow in the next quarter.
CFO Adam Wasserman reported: ``The financial condition of the Company, from the first quarter 2005 to the first quarter 2006, shows significant improvement. For the three months ended December 31, 2005, we reported a net loss of $223,123 or $(0.00) per common shares compared to a net loss of $1,144,716 or $(0.02) per common share for the three months ended December 31, 2004, a decrease of $921,593. For the three months ended December 31, 2005, our total operating expenses decreased by $894,749 compared to the three months ended December 31, 2004.
``This progress positions Genesis to reach profitability with its GEP profit center and other business development contracts showing good promise. In addition, the Company's stock holdings in SunWin (OTC BB:SUWN.OB - News), Dragon Capital (Pink Sheets:DRGV), and other publicly trading companies have shown positive trends that could move Genesis to profitability and positive cash flow in the 2nd quarter 2006,'' concluded Mr. Wasserman.
Kenneth Clinton, Company President, who will be departing for China to meet with the previously announced (10-KSB 2005) merger candidate: ``We have conducted three productive in-person meetings with our potential merger partner-in Gansu Province in China, in San Francisco and at our Florida headquarters-and we are confident that the March meetings in China could prove conclusive.''
und es schlägt sich bereits (wenn auch NOCH sehr zögerlich) im Kurs nieder ;-)
Berlin 14:56 0,098; Vortag 0,068 !!
DA KOMMT NOCH VIEL MEHR!!
dann stellt sich die Frage eigentlich nicht...
Wie erkläre ich das nur meinem Steuerberater.. *Seufz* ;-)
mfg
S.H.