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 Golden Century Tech Corp (OTC BB:GCYT)

Wednesday, July 1, 2009

As of December 31, 2008, we had a working deficit of $103,766, our deficit accumulated during the development stage was $223,416. For the period ended December 31, 2008, we had cash of $1,806. Our capital requirements relating to the manufacturing and marketing of our products have been, and will continue to be, significant. We are dependent on the proceeds of future financing in order to continue in business and to develop and commercialize proposed products. We anticipate requiring approximately $250,000 to $500,000 in additional financing for the next twelve months.

Source: SEC Form 10Q (For the quarterly period ended December 31, 2008)