Gelstat Corp. – Plans of Reorganization, Merger, Acquisition or Similar Watch

from 10KSB 1 page [Article] 5 <table> <s> <c> [Period-Type] 12-Mos [Fiscal-Year-End] Dec-31-2000 [Period-End] Dec-31-2000 [Cash] 2,855 [Securities] 0 [Receivables] 0 [Allowances] 0 [Inventory] 0 [Current-Assets] 39,726 [PP&E] 107,555 [Depreciation] (90,399) [Total-Assets] 111,616 [Current-Liabilities] 157,103 [Bonds] 0 [Preferred-Mandatory] 0 [Preferred] 0 [Common] 9,308 [Other-Se] (66,685) [Total-Liability-And-Equity] 111,616 [Sales] 0 [Total-Revenues] 48,035 [Cgs] 0 [Total-Costs] 463,267 [Other-Expenses] 68,571 [Loss-Provision] 200,000 [Interest-Expense] (1,978) [Income-Pretax] (681,825) [Income-Tax] 3,227 [Income-Continuing] (685,052) [Discontinued] (685,052) [Extraordinary] 0 [Changes] 0 [Net-Income] (685,052) [EPS-Basic] (0.74) [EPS-Diluted] (0.74) </Table>

from 10KSB ~5 pages Plan of reorganization, merger, acquisition or similar

from 10QSB ~5 pages Plan of reorganization, merger, acquisition or similar

from 8-K 1 page <page> 6 December 31, 1997 Securities and Exchange Commission 450 5th Street Nw Washington, DC 20549 Gentlemen: We Have Read and Agree With the Comments in Item 4(a) of Form 8-K of Developed Technology Resource, Inc. Dated December 31, 1997. /S/ Lurie, Besikof, Lapidus & Co., Llp Lurie, Besikof, Lapidus & Co., Llp Minneapolis, Minnesota December 31, 1997

from 8-K ~20 pages Limited Liability Company Agreement