InvestorsHub Logo
icon url

universaltrader

12/23/07 7:48 PM

#84040 RE: silentscope #84037

You are correct. When the operation is in their home country and when dealing or investing with other countries,they are not obilgated to conform to other countries laws.(only their own) It pretty much boils down to good faith for employees or investors.
Which also means if the country of operation changes their laws, the other countries investors must conform.
This case is a perfect example of companies (such as EFGO) operating overseas.
EFGO business plan was much different when I believed in them.But it pretty much changes on a daily basis.