GTREX Capital verlässt den Subpennybereich!
Issued Monday, October 15, 8:58 am ET
MURRIETA, Calif.--(MARKET WIRE)--Oct. 15, 2007--GTREX Capital, Inc. (OTC BB:
GRXI), a holding company with subsidiary operations in the travel distribution industry, today
announced that it has identified a new acquisition candidate to become the focus of the
company’s operations. An initial agreement in the form of a letter of intent is expected to be
signed in the near future, at which time the name of the acquisition candidate will be announced.
GTREX Capital is a fully reporting over-the-counter bulletin board company that has been
positioned as a public vehicle for an operating company that will bring value for shareholders.
Its existing subsidiary, Global Travel Exchange, is a travel distribution technology company that
provides a more efficient and cost-effective connection between customers and travel suppliers.
If the planned acquisition is not a company that does business in the travel industry, there may be
a spin-out of Global Travel Exchange that would include a dividend of its shares to GTREX
Capital shareholders.
The new targeted acquisition candidate has existing revenues and assets and is believed by
GTREX Capital management to possess the potential for significant long-term growth in its
industry segment.
GTREX Capital recently determined that it should not proceed with an acquisition of Elleipsis,
Inc. due to the presence of more favorable acquisition opportunities presented to management.
“We are pleased to announce that a new acquisition candidate for GTREX Capital has been
identified,” stated Steven R. Peacock, GTREX Capital consultant chief executive officer.
“Management very strongly believes that the company that we have identified to become the
focus of the company’s operations will not only deliver long-term value for shareholders, but
will also attract significant interest in the public markets.
“We look forward to announcing a letter of intent in the near term, so we can begin discussing
the business of the targeted acquisition and its potential in the public markets as soon as
possible,” he added.
To subscribe to the company’s email alert system and receive information directly from GTREX
Capital whenever new press releases, investor newsletters, SEC filings, or other information is
disclosed, please visit http://www.gtrexcapital.com/investor.php.
About GTREX Capital, Inc.
GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with a subsidiary
conducting business in the travel industry. Global Travel Exchange, Inc., a GTREX Capital
subsidiary, has launched its Voyager Network travel distribution platform, which provides a
service that enables direct access to reservation systems of major travel suppliers such as
airlines, cruise lines, hotels, car rental companies and providers of other travel amenities.
GTREX Capital is in the process of identifying synergistic and non-synergistic businesses as
potential acquisition targets for the company.
Kurs nach Anstieg wieder zurückgekommen,
mal sehen wie es hier weitergeht.
Es gibt also schon mehr Nachrichten zu dem neuen Kanditaten!
Ich denke es geht in der nächsten Woche so weiter.
Ich habe da ein sehr gutes Gefühl. Jetzt kann es raz-faz gehen und schwups ...
greetings Tikos
Ich denke, da gibt es good news, die schon sehr bald herauskommen...
JUHU kann ich nur sagen, ich bin bereit für den takeoff...
greetings from a very happy
Tikos
Angehängte Grafik:
grxi.jpg
grxi.jpg
Press Release
GTREX Capital Files Quarterly Report and Updates Shareholders on Execution of Acquisition Strategy
Issued Thursday, November 15, 9:07 am ET
MURRIETA, Calif.--(MARKET WIRE)--Nov. 15, 2007--GTREX Capital, Inc. (OTC BB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today filed its quarterly report on Form 10-QSB for the period ended September 30, 2007 and updated shareholders on the status of its expected acquisition of a company that will become the focus of its future operations.
A link to the quarterly report can be found on the company’s corporate website, www.gtrexcapital.com.
In addition to reporting the filing of the 10-QSB, GTREX Capital announced that it is continuing the due diligence process related to the company it has targeted for acquisition. In mid-October, the company announced that it had identified a new acquisition candidate and expected to enter into a letter of intent shortly thereafter.
GTREX Capital is a fully reporting over-the-counter bulletin board company that has been positioned as a public vehicle for an operating company that will bring value for shareholders. Its existing subsidiary, Global Travel Exchange, is a travel distribution technology company that provides a more efficient and cost-effective connection between customers and travel suppliers. If the planned acquisition is not a company that does business in the travel industry, there may be a spin-out of Global Travel Exchange that would include a dividend of its shares to GTREX Capital shareholders.
GTREX Capital management is focused on acquisition candidates that possess the potential for significant long-term growth in their respective industry segments.
“As we continue with our due diligence process on the targeted acquisition, which has taken more time than was initially anticipated, we will concurrently consider additional acquisition and reverse merger opportunities that are presented to GTREX Capital,” stated Steven R. Peacock, GTREX Capital consultant chief executive officer. “The additional acquisition candidates include companies both within and outside the travel field, and depending upon which company becomes the operating entity within GTREX Capital, there could possibly be a spin-out of Global Travel Exchange including a dividend of its shares to GTREX Capital shareholders.”
“Shareholders should also be aware that Global Travel Exchange’s travel distribution technology provides a number of attractive scenarios for synergistic acquisitions, and we are currently evaluating several of these as acquisition candidates,” Mr. Peacock added.
To subscribe to the company’s email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.gtrexcapital.com/investor.php.
About GTREX Capital, Inc.
GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with a subsidiary conducting business in the travel industry. Global Travel Exchange, Inc., a GTREX Capital subsidiary, has launched its Voyager Network travel distribution platform, which provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. GTREX Capital is in the process of identifying synergistic and non-synergistic businesses as potential acquisition targets for the company.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of GTREX Capital, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Gemini Financial Communications, Inc.
A. Beyer
951-677-8073
investors@gtrexcapital.com
--------------------------------------------------
GTREX Capital, Inc.
Consolidated Statements of Operations
(Unaudited)
For the Nine
Months Ended
September 30,
For the Nine
Months Ended
September 30,
For the Three
Months Ended
September 30,
For the Three
Months Ended
September 30,
2007
2006
2007
2006
Revenues
Payment from agencies
$
2,000
$
44,261
$
-
$
5,000
Total Revenues
2,000
44,261
-
5,000
Operating Expenses
Administrative fees
112,500
102,500
37,500
37,500
Amortization expense
40,998
40,998
13,666
13,666
Consulting
22,500
39,825
6,000
9,500
Depreciation expense
7,721
6,801
2,574
2,267
Investor relations
16,937
23,356
7,242
9,052
Licenses expense
3,600
28,967
-
4,001
Payroll expense
59,000
-
18,000
-
Professional fees
209,738
169,510
55,763
92,770
Rent or Lease expense
11,186
49,288
4,419
11,168
Travel and entertainment expense
-
38,140
-
2,333
General & Administrative expenses
25,451
55,831
8,928
11,662
Total Operating Expenses
509,631
555,216
154,092
193,919
Net Operating Loss
(507,631)
(510,955)
(154,092)
(188,919)
Other Income (Loss)
Interest expense
(187)
(9,196)
(153)
(780)
Unrealized loss on investment
-
(2,510,460)
-
(117,115)
Minority interest
10,000
-
-
-
Settlements costs
(686,594)
-
-
-
Total Other Loss
(676,781)
(2,519,656)
(153)
(117,895)
Loss from Continuing Operations
(1,184,412)
(3,030,611)
(154,245)
(306,814)
Income Tax Expense
-
-
-
-
Net Loss
$
(1,184,412)
$
(3,030,611)
$
(154,245)
$
(306,814)
Net Loss Per Share
$
(0.0007)
$
(0.0058)
$
(0.0001)
$
(0.0006)
Weighted Average Shares Outstanding
1,741,079,573
519,753,397
1,964,987,542
519,753,397
The accompanying notes are an integral part of these consolidated financial statements.
Zu den News die keine sind habe ich nichts zu sagen,
außer, dass ich genau das alles schon vor einem Monat gelesen habe.
Zu den Zahlen gibt es nicht viel zu sagen, wenn GTREX nicht
so lange umsonst verhandelt hätte, wäre der Net-loss deutlich geringer.
Was nun? oder wie der Lateiner sagt: Quo vadis?
greetings
Bei einem Gesamtvolummen von 7.000.000 shares
bis jetzt sind das sage und schreibe ganze $7.000.-
oder in € 4.800.-
Was hast du da "nachgelegt"?
Was meinst du, wer der Kanditat ist, der mit GRXI verhandelt?
Mich wundert, dass hier so übehaupt nichts bekannt geworden ist.
Entweder ist es TOP SECRET oder es gibt diesen schlicht und einfach
nicht! (Scheinverhandlungen sollten schon mal vorgekommen sein!)
Ich kann mir vorstellen, dass wir noch die 0,0005 sehen nächste
oder übernächste Woche. Dann kaufe ich mir nochmals 10.000.000 Stück.
(Weil ich eh nicht weiß wohin mit der Kohle! *sfg*)
greetings
Nachdem ich mittlerweile eh schon soetwas wie ein Großaktionär bin.
Was haltest davon, wenn wir den Laden in den nächsten Wochen aufkaufen.
Dann schauen wir mal was passiert! Also nachlegen für Peanuts ist nicht
wirklich gut. Kaufen wir uns 5% und klopfen dem Herrn Peacock auf die
Finger! Wenn wir auf die 0,0005 warten können, dann sollte das kein
Problem sein, was meist du dazu? Jeder von uns holt sich in Summe
45 Mio shares (ich brauch also dazu wohl nicht mehr so viele!)
und dann sehen wir ja was der Mann vor hat!
greetings
Press Release
GTREX Capital Announces CEO Attendance at Environmental Conference in Support of Acquisition Strategy
Issued Tuesday, November 20 2007, 9:10 am ET
MURRIETA, Calif.--(MARKET WIRE)--Nov. 20, 2007--GTREX Capital, Inc. (OTC BB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today announced that Steven R. Peacock, consultant chief executive officer for the company, is attending an environmental conference hosted by the government of the Turks and Caicos Islands at which he is exploring additional acquisition opportunities for GTREX Capital. Gary Nerison, chairman of the company’s Board of Directors, is attending the event with Mr. Peacock.
The acquisition opportunities being considered at this event include companies in the travel industry that present significant synergies with GTREX Capital’s current subsidiary, Global Travel Exchange. Global Travel Exchange is a travel distribution technology company that provides a more efficient and cost-effective connection between customers and travel suppliers.
The conference, “Fostering a Green Culture in Small Island Nations,” which is being held from November 18-20, 2007, will also serve as a venue for Ministerial Heads and Ministers of the Environment from the Caribbean Community (CARICOM) and the British Overseas Territories to meet and discuss policy initiatives, legislative advancements, technological innovations and research that have been undertaken in environmental management in their respective countries.
The keynote speaker at the event is former U.S. Vice President and 2007 Nobel Peace Prize recipient Al Gore.
GTREX Capital is a fully reporting over-the-counter bulletin board company that has been positioned as a public vehicle for an operating company that will bring value for shareholders. GTREX Capital management is focused on acquisition candidates that possess the potential for significant long-term growth in their respective industry segments.
“There are several high profile opportunities within the travel industry that have been presented to GTREX Capital, and we are attending this environmental event to discuss the possibilities with the appropriate representatives and perhaps to begin negotiations for a proposed transaction,” stated Mr. Peacock. “Management has always maintained there are a number of interesting acquisition options for GTREX Capital, and our discussions with numerous acquisition candidates confirms the level of interest in the company as an attractive public vehicle.”
To subscribe to the company’s email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.gtrexcapital.com/investor.php.
About GTREX Capital, Inc.
GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with a subsidiary conducting business in the travel industry. Global Travel Exchange, Inc., a GTREX Capital subsidiary, has launched its Voyager Network travel distribution platform, which provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. GTREX Capital is in the process of identifying synergistic and non-synergistic businesses as potential acquisition targets for the company.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of GTREX Capital, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Gemini Financial Communications, Inc.
A. Beyer
951-677-8073
investors@gtrexcapital.com
Ich habe in den letzten 3 Handelstagen mehr als 8 Mio. shares eingesammelt bei 0,0007. Habe auch den Leuten bei GTREX geschrieben und habe immer sofort Antwort bekommen. Die sind ein wenig nervös denke ich jetzt mal...
greetings,
Macht sich ja doch bezahlt ein wenig nachzuforschen und nachzufragen.
Heute geht es nach Norden.
http://de.advfn.com/...?pid=staticchart&s=nb^grxi&p=0&t=23&dm=0&vol=1
greetings
Press Release
GTREX Capital Announces Appointment of Interim President/CEO to Position Company for Synergistic Acquisition
Issued Thursday November 29, 9:16 am ET
MURRIETA, Calif.--(MARKET WIRE)--Nov. 29, 2007--GTREX Capital, Inc. (OTC BB: GRXI), a holding company with subsidiary operations in the travel distribution industry, today announced that the company’s Board of Directors has appointed Steven R. Peacock to the position of interim president/chief executive officer, replacing Ronald Lindsay as interim president. Mr. Lindsay, who also serves as president of GTREX Capital’s Global Travel Exchange subsidiary, a travel distribution technology company, will focus his efforts on Global Travel Exchange’s preparations for an anticipated synergistic acquisition in the travel industry.
Mr. Peacock recently returned from a major international environmental conference, where he and Gary Nerison, chairman of the company’s Board of Directors, conducted discussions related to the strategic acquisition opportunity for GTREX Capital.
GTREX Capital is currently negotiating terms for an initial agreement for the targeted acquisition that presents significant synergies with Global Travel Exchange, which has developed a travel distribution technology that offers a more efficient and cost-effective connection between customers and travel suppliers.
“I am pleased to accept the interim president/CEO position with GTREX Capital and look forward to delivering an acquisition candidate that will provide long-term value for the company’s shareholders,” said Mr. Peacock. “We are focused on a company that management believes has significant potential in the public markets and that is anticipated to provide attractive synergistic growth opportunities for Global Travel Exchange.”
“We expect our initial agreement to be completed very shortly, so that we can begin discussing the broader strategy for GTREX Capital and the value that this acquisition is expected to bring,” he added.
To subscribe to the company’s email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.gtrexcapital.com/investor.php.
About GTREX Capital, Inc.
GTREX Capital, Inc. (http://www.gtrexcapital.com) is a holding company with a subsidiary conducting business in the travel industry. Global Travel Exchange, Inc., a GTREX Capital subsidiary, has launched its Voyager Network travel distribution platform, which provides a service that enables direct access to reservation systems of major travel suppliers such as airlines, cruise lines, hotels, car rental companies and providers of other travel amenities. GTREX Capital is in the process of identifying synergistic and non-synergistic businesses as potential acquisition targets for the company.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of GTREX Capital, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Gemini Financial Communications, Inc.
A. Beyer
951-677-8073
investors@gtrexcapital.com