OTCPK:EUCTF - Post by User
Comment by
kidl2on Mar 24, 2017 9:59am
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Post# 26025095
RE:Expect sh*t from GFI Albania
RE:Expect sh*t from GFI AlbaniaRingert & Co: You’re a year late. Those who did ongoing DD, which is what diligent shareholders do, found this story a year ago. They not only found it but also cleared it up by establishing that ...
Offshore companies never have been nor are illegal as long as applicable taxes are paid which is the case as per this article:
https://www.haaretz.com/world-news/1.712497 Snip:
“Another business that Halkin established abroad is GFI Technologies. It was registered in May 2013 in the island of Anguilla in order to invest in Albanian high-tech companies. According to records, Halkin, an Albanian citizen named Ismail Mulati and a Canadian firm called Global Fluids International S.A. are the company’s owners. Halkin did not respond to an inquiry by Haaretz regarding what kinds of investments the company made, if any, but commented that the goal of the company is “selling fuel technology.” He added that “all of the Israeli shareholders’ revenue is reported to Israeli tax authorities.” We also know from EUO’s financial statements that income related to the Albanian contract has been reported.
All this aside, it is safe to assume that SICPA made sure that everything was and is “kosher” before acquiring GFI.
In short, if you are intent on digging up dirt, make sure it is dirt before making a fool of yourself in public.