Replies to post #48964 on Gifa Inc (GIFX)

[Starlost]

Something is definitely NOT ADDING UP HERE. If this were true, the PPS would be SUBSTANTIALLY HIGHER. This is not the case. One has to wonder, what is the TRUTH HERE?

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...

[Themistocles_I]

Excellent!

:-D :-D GIFX :-D :-D

[QueenOfDragons]

FANTASTIC!!!! Strong work as always Hornet!
$GIFX

[WinningNoMatterWhat]

If I am connecting this right, did they essentially try to tax them a second time when the shares were transferred? The amounts line up.

I think it is also worth noting that taxes are based off their results from hitting the 2017 target of 18 billion euro. Their target is much higher now...

http://www.yatirimrotasi.com/roportaj/kktc-li-gifa-holding-turkiyenin-vergi-rekortmenlerini-solladi-h27.html

[Navin R. Johnson]

That's HUGE HD!! Paying that tax bill clearly puts $GIFX$ in play as a company with a market cap in the 100s of millions!!

Talk about being undervalued with a $14 million market cap... this should be selling for at least ten times the current price.