I've had my eye on this one also.
Form 10QSB for GLOBAL LINKS CORP
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14-Nov-2003
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR
PLAN OF OPERATIONS
The following discussion should be read in conjunction with the Financial Statements and notes thereto included herein.
For the three and nine month periods ended September 30, 2003, the Company recorded $1,783 in transaction fees and commissions from issued stored value cards, and $130,000 in consulting revenues related to consulting services provided by the Company's management. There were no revenues recorded in the same period of 2002.
In 2002, Management determined to expand its stated goals from entering the ATM market by the acquisition of an operating ATM company to include the marketing and processing of electronic transactions through various stored value cards such as payroll cards, loyalty cards, gift cards and debit cards. In this regard the Company established various Strategic marketing agreements and joint venture agreements to market electronic transaction products and other strategic alliance agreements for the processing and control of electronic transactions. During the three and nine month periods ended September 30, 2003, the Company continued to work on this objective and continued to enter into additional marketing and reseller agreements. In April, 2003, the Company acquired through a reverse triangular merger, Capitol Group Holding Corporation, a Nevada corporation which held approximately 1000 undeveloped lots in Arizona. Plans have been prepared and approved for the development of these lots as senior affordable housing. The Company filed a report on Form 8K dated June 30, 2003, which includes additional details of this acquisition/merger.
The Company does not have any off-balance sheet arrangements or contractual obligations that are likely to have or are reasonably likely to have a material current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that have not been disclosed in the Company's financial statements.
Forward Looking Statements
In connection with, and because it desires to take advantage of, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company cautions readers regarding certain forward looking statements in the following discussion and elsewhere in this report and in any other statement made by, or on the behalf of the Company, whether or not in future filings with the Securities and Exchange Commission. Forward looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company's control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. The Company disclaims any obligation to update forward looking statements.
Income Statement Get Income Statement for:
View: Quarterly Data | Annual Data All numbers in thousands
PERIOD ENDING 30-Sep-03 30-Jun-03 31-Mar-03 31-Dec-02
Total Revenue 132 - - -
Cost of Revenue - - - -
Gross Profit 132 - - -
Operating Expenses
Research Development - - - -
Selling General and Admn 30 515 239 240
Non Recurring - - - -
Others 0 1 - -
Total Operating Expenses - - - -
Operating Income or Loss 102 (516) (239) (240)
Income from Continuing Operations
Other Income/Expenses Net - - - -
Before Int. And Taxes 102 (516) (239) (240)
Interest Expense - - - -
Income Before Tax 102 (516) (239) (240)
Income Tax Expense - - - -
Minority Interest - - - -
Net Income From Ops 102 (516) (239) (240)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Acct. Changes - - - -
Other Items - - - -
Net Income 102 (516) (239) (240)
Pref. Stock And Adj. - - - -
Net Inc./Common Shares $102 ($516) ($239) ($240)
Global Links Corp. Announces Release of Foreclosure Tracking Software
Wednesday January 7, 9:31 am ET
HENDERSON, Nev.--(BUSINESS WIRE)--Jan. 7, 2004--Global Links Corp. (OTCBB:GBLL - News; "Global") announced today that it would release a new software program that assists individuals and financial institutions in following and tracking real estate foreclosures.
The software was initially developed to assist the company in a deal that was being negotiated with a major real estate sales organization, to instruct their agents about the foreclosure process and how to handle these transactions, which can sometimes become very complicated. The deal was delayed because of corporate red tape. "We finally got tired of waiting and realized that the real value in the deal is the information that we were bringing to the project, stated Frank Dobrucki, CEO of Global." The software will work in the same manner for any company or individual that is interested in learning and following the foreclosure process.
This is not a get rich quick program. "We are not teaching seminars about how to score in the foreclosure market. This software will allow the user to enter property data regarding any foreclosure and track the timeline, actions and sale of any property. The foreclosure process is a very specific process that must be followed precisely. Any errors in the process will invalidate a foreclosure," said Dobrucki, a former foreclosure trustee who is an expert in this field.
In addition to the software release, Global will set up an investment division to track commercial foreclosure and bankruptcies. The company will bid on properties that it feels are a good opportunity for corporate profit and or long term holdings. "We have an anxious group of investors that are waiting to assist the company in acquiring these properties," stated Dobrucki.
The software will be released in mid-March 2004. The company is currently negotiating distribution and sales rights. The software utilizes a cross-platform of FileMaker Pro 6 database, which makes it accessible to both PC and Macintosh users.
About Global Links Corp.
Global Links Corp. is a diversified company now having operations in Arizona where it holds approximately 1000 residential lots located in Kingman, Arizona, where it plans to build energy efficient, affordable, senior housing, and is developing affordable housing for the international community. In addition, the Company offers a suite of comprehensive electronic products to the retail, restaurant and hospitality industries in addition to various national associations.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward looking statements. The Company is not required to update its forward-looking statements.
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Contact:
Global Links Corp.
Grant Galloway, 858-824-9062
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Source: Global Links Corp.
Last Trade: 0.016
Trade Time: Feb 20
Change: 0.001 (6.67%)
Prev Close: 0.015
Open: 0.015
Bid: 0.015 x 5000
Ask: 0.016 x 5000
1y Target Est: N/A
Day's Range: 0.012 - 0.022
52wk Range: 0.01 - 0.30
Volume: 12,192,662
Avg Vol (3m): 1,558,395
Market Cap: 0
P/E (ttm): 0.00
EPS (ttm): N/A
Div & Yield: N/A (N/A)
GBLL - GLOBAL LINKS CP (OTCBB)
Date Open High Low Last Change Volume % Change
02/20/04 0.01 0.02 0.01 0.02 +0.00 12192601 +6.67%
Composite Indicator
Trend Spotter (TM) Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy
20-Day Average Volume - 3739425
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 50% - Sell
50-Day Average Volume - 2295714
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Sell
50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 67% - Sell
100-Day Average Volume - 1192578
Overall Average: 8% - Sell
Price Support Pivot Point Resistance
0.02 0.01 0.02 0.03
GBLL - GLOBAL LINKS CP (OTCBB)
Date Open High Low Last Change Volume % Change
02/20/04 0.01 0.02 0.01 0.02 +0.00 12192601 +6.67%
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Today's Opinion:
8% Sell
Yesterday's Opinion:
24% Sell
Last Week's Opinion:
24% Sell
Last Month's Opinion:
56% Buy
StockProwler likes 'em lately too.
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DaDog