The Germans are worried that the BOD of GKP are all applying for fraud asylum in their country as the shareholders in GKP have seen through the fraud and the BOD are hoping to join Kozel in Hamburg and do it all again.
Ponzi scheme ˈpɒnzi/ noun a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors. "a classic Ponzi scheme built on treachery and lies"
Stock Bashing: "This scheme is usually orchestrated by savvy online message board posters (a.k.a. "Bashers") who make up false and/or misleading information about the target company in an attempt to get shares for a cheaper price. This activity, in most cases, is conducted by posting libelous posts on multiple public forums. The perpetrators sometimes work directly for unscrupulous Investor Relations firms who have convertible notes that convert for more shares the lower the bid or ask price is; thus the lower these Bashers can drive a stock price down by trying to convince shareholders they have bought a worthless security, the more shares the Investor Relations firm receives as compensation. Immediately after the stock conversion is complete and shares are issued to the Investor Relations firm, consultant, attorney or similar party, the basher/s then become friends of the company and move quickly to ensure they profit on a classic Pump & Dump scheme to liquidate their ill gotten shares. (see P&D)"
I am not laughing now and i will surely ont be laughing if the restructuring goes ahead. I might laugh if it does and in years to come i see a crosshair on those responsible . The corruption of our BOD, and others is dispicable if this goes ahead .
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