But that’s not the end of the strangeness that emanates from this press release. You’d think that AGMAC and VG would be at pains to explain the exact split of assets involved. Strange, huh? At about the same time that the VGMC/AGMAC assets deal is being trumpeted to VGMC investors, a whole other VGMC/VG Resources assets deal is announced on GXG Markets. Its initial efforts will be focused on businesses whose principal operation is gold mining in Central and South America…. Additional Information: VG Resources Limited was admitted to trading on GXG Markets-OTC on 27 September 2012 Its mission is to acquire one or more operating businesses through a merger, share purchase, asset acquisition, reorganization or similar transaction. This is the first step in achieving VG’s longer-term strategic plan”. Commenting on the deal, VG director, Bryan Cook said: “The board of VG is very pleased to have secured the company’s first deal so soon after it was listed on GXG. For the sake of clarity, VG has emphasised that the deal with VGMC is an asset acquisition and will not entail VG acquiring any shares in VGMC. The board of VG Resources Limited (VG) has today announced that VG has agreed terms with Virgin Gold Mining Corporation of Panama (VGMC) under which VG will acquire a range of assets from VGMC, specifically its corporate investment portfolio and VGMC’s participation, joint venture and development rights in a number of present and future mining ventures. That plan fell in a heap, apparently because of a strongly worded BVI regulator warning about AGMAC that appeared in late May 2013.īut there was still a plan “B”, and for that, we must turn to the archived press releases of GXG Markets, a European small-cap stock exchange, where we find this, dated 6 th October 2012: One imagines the expected listing-time ‘pop’ in the share price was intended to suck in yet more wannabe insider investors. There was an apparent second phase to the scam, starting around September 2012: a plan to list Panamanian VGMC’s non-existent gold mining assets via a supposed BVI-registered closed end fund, Asia(n) Gold Mining Asset(s) Corporation (AGMAC), purportedly controlled by a Swiss banker, one Roland Hurni-Gosman, who is already associated with the VGMC scam by way of video’d appearances at VGMC promo shindigs. There were, at the very least, many thousands of duped investors in Asia, and reputedly billions of dollars scammed.
We recommend using GameRanger for multiplayer matchmaking.In our first post in this series, we introduced a vast Far Eastern pyramid fraud, Virgin Gold Mining Corporation (VGMC), that ran early 2010 to mid 2013. * Multiplayer mode is functional, but not supported. On a corporate level, you may take the path of merger and acquisition to expand your business empire rapidly
Capitalism ii merger free#
You become a corporate CEO and face real-world challenges as you build a business empire! It's a comprehensive business simulation that gives you the power to win the competition in the free market, with complex business strategies that might make you millions! Choose from over 60 product types to manufacture and market, as you hire and fire upper management positions! It's time to try your hand in the corporate world with Capitalism 2! About This Game Capitalism 2 lets you build the empire of your dreams!
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