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eine wirklich komische Geschichte über ein betrügerisches Unternehmen mit Sitz in London,das in Neuseeland als London Capital (NZ) fungiert und ein Projekt namens
Creek Project Investment in China begonnen hat mit angeblich 3 Millionen Gänsen ,über die sich jetzt die Umweltorganisationen aufregen und Unterschriften sammeln,obwohl laut letztem Report die Gänse zwischenzeitlich auf Null geschrumpft sind
www.nakedcapitalism.com/2015/02/...cial-services-provider.html
.....
Creek’s been monumentally pumped. That market capitalization is pathologically bloated.
The bloat is even worse in hindsight. It emerges, more than a year later, that even the £6,000,000 of assets underpinning that valuation are a mirage. For Creek’s assets turn out to be shares in another London Capital vehicle, Sejong Investments, which had become completely worthless by December 2012, well before Creek’s price peaked.
But that revelation lies in the future. In March 2013, the next stages should be: publicize the stock, and then dump it. For a moment, it looks as if that exactly what’s about to happen. Here’s something from China Buzz, blog of The Economic Observer, on March 2nd, just before the lock-in expires:
The world’s biggest goose farm and foie gras factory will soon be established on the banks of Poyang Lake, in China’s Jiangxi Province. The American [sic] investment company Creek Project is said to be investing $100 million into the venture.
But, uh-oh, this publicity is not part of the London Capital plan:
This news released last week did not come from the company, but by way of the Darwin Natural Knowledge Society, a Beijing-based NGO focused on environmental protection.
In fact, it’s all going horribly wrong for London Capital: they are not in control of the news flow at all. By mid-March, animal rights activists (archive) have got hold of the Creek story: According to information posted on the official website of Creek Project Investments, the British corporation investing in the farm’s construction, 3 million geese had been delivered to the farm by the end of 2011 in preparation for its opening.
Had the animal rights activists been able, and inclined, to look at the yet-to-be issued May accounts, they’d have discovered that those 3,000,000 geese are on the balance sheet at a value of zero. They might then have concluded (correctly) that the geese are phantoms, a figment of Creek Project Investments’ promoters’ imagination.....
Creek Project Investment in China begonnen hat mit angeblich 3 Millionen Gänsen ,über die sich jetzt die Umweltorganisationen aufregen und Unterschriften sammeln,obwohl laut letztem Report die Gänse zwischenzeitlich auf Null geschrumpft sind
www.nakedcapitalism.com/2015/02/...cial-services-provider.html
.....
Creek’s been monumentally pumped. That market capitalization is pathologically bloated.
The bloat is even worse in hindsight. It emerges, more than a year later, that even the £6,000,000 of assets underpinning that valuation are a mirage. For Creek’s assets turn out to be shares in another London Capital vehicle, Sejong Investments, which had become completely worthless by December 2012, well before Creek’s price peaked.
But that revelation lies in the future. In March 2013, the next stages should be: publicize the stock, and then dump it. For a moment, it looks as if that exactly what’s about to happen. Here’s something from China Buzz, blog of The Economic Observer, on March 2nd, just before the lock-in expires:
The world’s biggest goose farm and foie gras factory will soon be established on the banks of Poyang Lake, in China’s Jiangxi Province. The American [sic] investment company Creek Project is said to be investing $100 million into the venture.
But, uh-oh, this publicity is not part of the London Capital plan:
This news released last week did not come from the company, but by way of the Darwin Natural Knowledge Society, a Beijing-based NGO focused on environmental protection.
In fact, it’s all going horribly wrong for London Capital: they are not in control of the news flow at all. By mid-March, animal rights activists (archive) have got hold of the Creek story: According to information posted on the official website of Creek Project Investments, the British corporation investing in the farm’s construction, 3 million geese had been delivered to the farm by the end of 2011 in preparation for its opening.
Had the animal rights activists been able, and inclined, to look at the yet-to-be issued May accounts, they’d have discovered that those 3,000,000 geese are on the balance sheet at a value of zero. They might then have concluded (correctly) that the geese are phantoms, a figment of Creek Project Investments’ promoters’ imagination.....
