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Monday, July 02, 2018 9:27:33 AM
YES, it is VERY ENCOURAGING IMO too.
How many OTC-ville vaporware specials EVER, EVER even owe taxes, let alone large amounts of taxes, which means the company HAS TO MAKE A PROFIT. 98% of the OTC is a TAX LOSS SPECIAL dilution pit...GIFA OWING TAXES on freaking large profits puts um in the top 2% of the entire land of OTC-ville, LOL !
LOOK at who GIFA is competing against as the LARGEST TAX PAYER TO TURKEY IN 2017....KOC company, a MULIT $BILLION dollar conglomerate ($7.4 BILLION market cap) that trades on both the OTC and Turkish exchange, a MASSIVE COMPANY with $BILLIONS in sales and profits.
For GIFA to even be mentioned in the same sentence (And NO, it's not a news sours written or owned or controlled by GIFA) is impressive as hell to me. Look who KOC is that paid LESS TAXES than GIFA owes apparently- if ANY OF THIS pans-out to being remotely close to accurate..this is potentially thee reverse merger of the past 10 years IMO...
https://en.wikipedia.org/wiki/Ko%C3%A7_Holding
https://www.koc.com.tr/en-us
https://www.otcmarkets.com/stock/KHOLY/overview
https://www.google.com/search?tbm=fin&ei=Uic6W7aBK_TT9AP9vLjIAQ&q=kholy&oq=kholy&gs_l=finance-immersive.3..81.2512.4365.0.4565.5.5.0.0.0.0.146.637.0j5.5.0....0...1c.1.64.finance-immersive..0.5.634....0.xjbk-nJm2KM#scso=uid_WCc6W7e3G5K-0PEPwYqVsAw_5:0
KHOLY = KOC Holdings of Turkey, mentioned in the article. $14 bucks a share and $BILLIONS in sales.....THAT is who GIFA is being compared to and who they own taxes on PROFITS in the "same league" according to the Turkish Ministry Of Finance...HOLY CRAP BATMAN....again..if it's EVEN PARTIALLY CORRECT...this is massive....a massive biz at GIFA....
AND still says GIFA is in process of wrapping up THREE KEY "deals" with key Turkish companies- which appears to be associated likely with the delay of this "SHARE TRANSFER" which has gummed-up the works just a bit on Kifa (translated as "short" as it's the same word in Turkish) for him to transfer his GIFA HOLDINGS shares into the new entity GIFA INC their now U.S. based subsidiary....they're gonna GET IT DONE IMO...William AUL their San Diego bases securities attorney and law professor didn't file those Qty-3 SEC 10-Q's for old Firefish for nothing....it's a key step in the REVERSE MERGER PROCESS...yepper.....
"
Gifa Holding of TRNC overcame Turkey's tax payers
30 April 2018, 17:57
Gifa Holding, one of the important companies operating in the international field of TRNC, has signed a new record by leaving important companies such as KOÇ Holding and Enka holding, Turkey's tax payers.
Gifa Holding, one of the important companies operating in the international field of TRNC, has signed a new record by leaving important companies such as KOÇ Holding and Enka holding, Turkey's tax payers.
Gifa Holding is expected to pay tax as much as the first 3 companies to be listed as the last tax payers in Turkey.
International Credit Consultancy company Gifa Holding, which attracts attention with its achievements internationally, has been given the amount of tax it will pay by considering revenues of 2017 years. Gifa Holding, which has many companies on its premises, will pay a total of 111 million 582 thousand 923 TL tax, taking into consideration the revenues obtained by all its companies.
Turkey's 2017 tax payers were announced last month, Semahat Arsel, the daughter of Vehbi Koç, took the first place with 46 million 885 thousand 202 TL. Mustafa Rahmi Koç, who was second in the list, was the second with 45 million 173 thousand 554 tl, and the chairman of Enka Holding was third place with 33 million 500 thousand 757 tl.
These names in Turkey are competing against the young homeland of Cyprus. Yusuf Short, Chairman of the Board of Directors of Gifa Holding, stated that they would continue their activities in the international field, noting that they would pursue their struggles with their forces to be affected by the international crisis.
50 billion EURO target
Short "Our 2018 targets are enormous. As GIFA, we have successfully provided the 18 billion Euro credit Advisory service which we have put as the target for 2017 in 2016. For the year 2018, we calculate that we will close the year with a figure over 50 billion euros, "he said.
Yusuf Short, one of the prominent names in the TRNC who has been successful in working with investments in the business world, will continue to accelerate their investments abroad and in TRNC at a time when most large institutions are uncertain about investing He gave his good news.
We deal with 3 major companies in Turkey
In Turkey, the objectives of expanding their areas of activity are continuing to express the short, "We continue our search for reconciliation with the companies that we are negotiating at the table. We are negotiating with 3 major companies in Turkey. As soon as the agreements are completed, we will share it with the public, "he said.
www.haberinyoksa.com/m/ekonomi/kktc-li-gifa-holding-turkiyenin-vergi-rekortmenlerini-solladi-h19202.html
Translation by Microsoft Translator "
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
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