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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Post by Rzbernon Jun 18, 2014 12:14am
216 Views
Post# 22669424

JG Petrochem have only legally R$ 10,000.00 capital

JG Petrochem have only legally R$ 10,000.00 capitalThe most curious is where the money came from to buy the shares of HRT? The HRT shares for tax purposes must be purchased with the capital of JG LTDA Brazilian. The American company JG LLC paid in R$ 9,999.00 and Mr. NT only R$ 1.00. Together amounted to a total registered capital of, believe it or not, only R$ 10,000.00! (ten thousand Brazilian real). Where did the money to buy nearly 60 million shares if the company JG Petrochem LTD had only legally of R$ 10,000.00 actual stated capital?
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