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Re: VivavegasAKQJ10 post# 48949

Sunday, 03/03/2019 10:02:33 AM

Sunday, March 03, 2019 10:02:33 AM

Post# of 72853
$GIFX WAS TAXED 111 MILLION LIRA....THEY PROVIDED PROOF....

Penniestostacks posted and found some of the original due diligence on this WELL KNOWN AND PROVEN FACT THAT EVERYONE KNOWS ABOUT.....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145340084

ANY statements to the contrary are STOCK BULLSHIT MISINFORMATION and another FALSE NARRATIVE being propagated to apparently try and discredit this stock and company....by the mystery stock bullshit group who appear to be buying and accumulating as much GIFX as possible for as low as they can get it.......


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141930637

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143892126

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143892383

There is the original lengthy due diligence post by penniestostacks (plus several made by others discussing the tax issue- including a link to a news story NOT published in any GIFA newspaper stating GIFA would be the 3rd largest TRNC tax payer that year- based on the 111 million Lira tax levied against them) and...

THEE... key link was an article in which Yusuf Kisa SCANNED AND POSTED EVERY "TAX OWED" DOCUMENT THEY HAD BEEN SENT AND POSTED IT AS PUBLIC INFORMATION....they are stamped with the official seal of the Cyprus tax authorities and made major news in numerous publications not owned or operated by GIFA Holdings.....

AND...AND..and thee Cyprus Minister Of Finance went "on the record" saying he would personally be looking into the matter as Kisa also stated they "might" appeal the taxes in tax court as they found them to be w/o merit but also said they'd pay them immediately if indeed they owed them...


http://www.yenibakisgazetesi.com/kalkanli-kamuoyuna-acikla/31313

QUOTE of portion long article:

"The tax office made a huge response to the 111 million 582 thousand TL Re'sen Tax, which was cut by the Chairman of the Board of Directors of GIFA Holding, Yusuf Kisa. When the shares of the owner of GIFA Holding, Yusuf Kisa, again applied to the office in order to transfer shares of Yusuf Kisa to another company belonging to him, the authorities stated that they had taken brief examination of the application. he mentioned the depreciation of the fair value of the companies that were requested to transfer."


Here is just ONE of numerous scanned documents they presented and these are CLEARLY TAX OFFICE "OWED" DOCUMENTS (much like an IRS letter stating you owe additional taxes) and this one of course was the largest amount for their financial/loan division as EVERYONE KNOWS THAT'S THEIR LARGEST AND MOST PROFITABLE BUSINESS UNIT.....



JUST THAT ONE...ONE business unit of GIFA Consultants Ltd (aka GIFA Holdings loan brokerage and finance and lending business unit) shows the Cyprus govt tax authorities calculated they owed an ADDITIONAL AMOUNT (they'd already paid taxes) of a whopping 41 MILLION TURKISH LIRA.....

41 MILLION Turkish lira = $7.6 MILLION U.S. dollars IN ADDITIONAL TAXES OWED being demanded by the tax authorities on ONE....ONE business unit of what is now GIFX...aka GIFA Inc as ALL of GIFA Holdings and ALL subsidiaries are now GIFA Inc according to the Feb 4th 2019 PR by company co-secretary and SEC attorney William Aul...

Those are TAXES OWED which means on PROFIT and/or ASSET TRANSFER VALUE as this was all related to the "share swap" of Kisa's and GIFA Holdings PRIVATE COMPANY INTERESTS to the new public company GIFA Inc of Nevada..

TOTAL OWED as demaned by the TRNC tax authorities as Kisa documented by SCANNING AND MAKING PUBLIC EVERY TAX DOCUMENT was 111 MILLION TURKISH LIRA OWED according to thee Cyprus tax authorities....

111 million Lira = $20.6 MILLION U.S. Dollars owed in ADDITIONAL TAXES


ANY ATTEMPT TO SPIN THIS or DENY THESE FACTS is more STOCK BULLSHIT DISINFORMATION....

GIFA thoroughly documented ALL THESE TAXES OWED matters via making them "public" in a very controversial move of publishing them for ALL THE WORLD TO SEE public and thus 100% "making public" the tax office documents and demands for payment(s) - one of the tax authority people even resigned over it according to several articles written about it after the documents were made public.....

Also...ANY MISINFORMATION ABOUT THIS BEING "PAID IN GIFA FOREX" (whatever the hell that even means) is more TOTAL MISINFORMATION and another grossly errant FALSE NARRATIVE w/o a shred of fact to back any of it up....it's STOCK BULLSHIT....

THEE TAX levied by TRNC tax officials was 111 MILLION LIRA OWED...CASH ON THE BARREL-HEAD like the IRS or any other tax authority demands...no "GIFA FORX" bullshit is even mentioned or even possible...LAUGHABLE....

Again...there is a MOUNTAIN OF DUE DILIGENCE that was done on this and it's likely THEE PRIMARY REASON FOR THE DELAY in the closing of the merger which did not take place until Sept 30th, 2018 thee EXACT LAST DAY of GIFA's new Q-3 as they went to a "traditional calendar year" when they took over GIFA w/ the NV secretary of state...



Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.