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GLLC...HUGE ALERT!!! ALITTLE LATE BUT LOOKS GREAT FOR TOMMOROW
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[QUOTE]Originally posted by RCAnalyst2007: [QB] Here is what company says in the latest report about their future finance. Management believes that it is moving toward profitability. We plan to attain profitability and meet cash flow needs going forward as follows: 1. We are seeking additional investors in the Kingman, Arizona “Valle Vista” project through the form of land option payments. 2. We are actively seeking financing through additional debt. 3. We are seeking to control overall operating expenses while increasing our gross revenue on our daily operations. 4. On March 31, 2006, the Company has a $1,000,000 note receivable from the sale of 100 lots in Kingman, Arizona which should bring over $6,800 a month into operations. Company owns 896 residential lots in Arizona, which are planned for development in 2007. The project “Valle Vista” is a master planned community with over 1,600 homes available as affordable senior citizen housing. http://www.vallevistaranch.com/home.html Company has an option to acquire two adjacent lots to its office building in Las Vegas, Nevada. The project: “Global Links Corp Center” is expected to require $500,000 for the first phase, and the Company anticipates raising the required funds through additional borrowing and/or equity financing in 2006. [b]Closing on these properties is expected to take place on or before December 31, 2006.[/b] [/QB][/QUOTE]
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