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eik

Followers 85
Posts 6119
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Alias Born 10/24/2005

eik

Re: None

Monday, 04/18/2016 9:41:31 PM

Monday, April 18, 2016 9:41:31 PM

Post# of 3445
Sorry to intrude, but your conversation about Markray's "financial reports" is kind of pointless. You are discussing fake documents that has nothing to do with reality. Real Russian Markray is a small company in Roshal selling construction supplies. Their "revenues" are well known, they have never paid a penny of taxes in Russia related to precious metals. Actually Tax Department of Moscow region was very surprised when I told them they have famous precious metal company with millions of assets under their noses. All this is a lie. Aurus, before it went under, also claimed big profits (with the same fake assets), declared dividend (never paid), merger deals (never happened), etc. The whole idea is to feed "stupid Americans" with fake news and sell free insiders shares on any move up. Actually, Markray itself already has a history of lies like these. For example, do you remember how they awarded shareholders with gold coins bonus? Did you get any?
http://www.prnewswire.com/news-releases/gold-coins-as-a-bonus-for-markray-corp-shareholders-168446116.html
Just wait for the news about coming dividend, merger, buyout... anything that can help Russian insiders to get rid of their shares.
It's possible that Adam really believes in these stories (many investors have done this, and one of them was even promoted to Vice President status by the crew), but Mrs. Korogod knows exactly that this is a scam.
Bottom line: when/if this stock goes up try to sell before insiders do.