Replies to post #4311 on Banro Corp. fka BAA

[Techamental Logic]

I don't believe even a remote possibility exists of the scenario you are describing. Even in a country like China it would be difficult to pull that off and would require the country itself to be involved. On top of that Banro is a Canadian company and Canada's level of nationalism is easily in the top 5 world-wide. They even make it near impossible for non-Canadian companies or citizens to register ".ca" domain names.

Details haven't been given into the departure of the previous CEO but I suspect it had to do with the $100M round of funding that resulted in all of the preferred share holders that receive quarterly dividends. While the drop in gold price was the primary reason for the BAA PPS nosedive I believe that $100M round of funding is the second leading cause and could have been done differently.