Velatel's Faked Legal Opinion Letter
Dear LongTimeObserver
The following by Internet&Phones made Investigation Report
Resulted to:
1. Velatel yesterday did hand to "Marketwire-Media" its
by themself written press-release by Velatel only
confirming a Received Legal Opinion to hand to
ZTE for theyr opinion and thinking abaout.
Most Medias even such as Reuter did take the press-
release made by Velatel as handen to "Marketwire"
and did re-writting it for theyr own press-release.
Naturally Velatel as over the years very experienced
in such matters knows how this works.
2. International Bank Institutions also as the following:
AZUR CAPITAL MANAGEMENT Ltd.
as sub-company of:
BLACKROCK INVESTMENT MANAGEMENT Ltd. - Ticker: BHD
Confirmed that they could not issuing any Legal Opinon Letters,
because any such realated to projects could only at request by
the local Governments where the project is located been issued.
The banks also confirmed, that for financing any projects they
prior necessary evalutations and if OK, they only as a first
step issuing a Preliminary Letter or Confirmation of Intent,
to allow following negotiations to achieve finally a mutual
agreement with the related parties participating on the
projects.
This is an international banking standard procedure as informed
and got told by any internationally acting Banks it would be
reconfirmed. ( Call-up your Bank - International Section ! )
The same standard procedure about Legal Opinion Letters and afterwards possible resulting Permission Confirmations as
above got also by Chinese Gov. reconfirmed only.
Further:
By the Chinese-Medias according official Chinese Government
Statements it became to know, that the Government is totally unsatisfied with the handling and not acting properly of Velatel and its local sub-companies, because the Government many years
ago granted to ChinaTel very special financial conditions,
based of important promises for China, that they at the Sino Crossing Project with the Fiber-Cables will connect 29 Cities
by each also to cover completely with 4G internet.
The Chinese Government therefore did naturally have a big
interess for the project, but Velatel by enough years to
fulfill its promises, did until today at only 2 Cities installing
small internet transmission-tests-units, thats regrettably all.
The Chinese Gov. resulting insists, that if Velatel not does
immediately fulfill its old promisses, that the Gov. will provide
the chance also to other Parties/Companies to compensate the
lack of fulfilling promisses caused by ChinaTel/Velatel only.
3. Conclusive for sure everybody can now understand above titles
wording "Faked", because its related to a not existing Legal
Opinion Letter, as only from the Chinese Government possible
to be issued.
It indirectly is also reconfirming, that none of any Bank
nor ZTE in China, at such a financially huge investment at
such an important project not also from its side to profit
from the momentum, not also from theyr side did publishing
any usual statements.( At things not existing not possible.)
4. Everybody can now according of this Report, make its own
investigation and create its own reality based opinions.
All this above only as Investors Protection Intent.
