Global Concepts Ltd.: Global Concepts Announces Liquidation of Its Primary Subsidiary
17th Oct 2005, 16:09 GMT
MONTCLAIR, NJ (MARKET WIRE) Global Concepts, Ltd (OTC BB: GCCP) announced today that its U.S. management has discovered serious misconduct by the French management and internal accountants of its subsidiary, Compagnie Logistique de Transports Automobiles ("CLTA"). The misconduct involves both non-financial and financial matters.
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