I don't get how people talk about GEQU like its some scam... I said this before everything in the finance industry and every stock is a scam! Period. Until the governments decide to crack down on this we should all just accept this. But GEQU is not a stinky pinky. The one thing GEQU is not is a no revs no sales share selling scam, and for that reason it can not be compared to the 99% of the pinky scams out there. GEQU growing company millions in revs and I'm sure it's skimming millions out on the side for insiders but who cares, it's still 1000 times better then these share selling scams out there.
The wording of the PR is not that clear. It's little ambiguous since we all know, from GEQU's business model, that GEQU is a financial adviser to investors. So, it's understandable that GEUQ itself does NOT own nor could invest that amount of money. Read what GEQU does for VTH from last 10Q:
7) VT Hydrocarbon Holdings (Pte.) Ltd. -Act as a corporate finance advisor to VTH; -Introduce the client to potential sources of funding and once funding is sourced, assist with a potential IPO on the Dubai NASDAQ.
This is part of the PR where it clearly states what the role of VT is:
VT will acquire, operate, manage and build hydrocarbon storage farms in Aqaba and expand to repeat the formula in other parts of the world, with the main business focus on LPG storage as well as other wet fuel facilities.