Greeteat Corp (PK:REPO)

Business Focus: Software

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Sector: Technology	Industry: Software

Company Contact

Address:	900 Burma Road, Suite 103 PALM BEACH GARDENS FL 33403
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

Bradley Wilson Chairman of the Board, Secretary	Fred DaSilva President, Director	William A. Glynn Chief Executive Officer, Chief Financial Officer, Treasurer, Director

Business Overview

GreetEat Corporation, formerly National Asset Recovery Corporation, is a technology company. The Company connects colleagues, business partners, customers, and prospects to food services during virtual meetings or conferences. It provides a proprietary platform to host a video conference and send the guests a food delivery voucher at the same time. Its focus is to create a bridge to both a business meals, and a secure video conference accessible to anyone in a remote environment. This process allows the host to avoid expensive catering and venue costs while allowing the guests to order a meal from their favorite participating local provider. The Company is also developing other custom host capabilities and options.

Financial Overview

For the nine months ended 30 September 2011, Greeteat Corp revenues increased from $0K to $76K. Net loss increased 33% to $389K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Professional fees increase from $0K to $117K (expense), Payroll and payroll taxes increase from $0K to $88K (expense).

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