"DELISTED" Calata Corp.
(01-09-2018, 09:44 PM)phantom Wrote: ano pala mangyari pag di mapa uplift?

...just uplift it na lang
Pls don't follow me....I'm lost too! hehe
...badtrip lagi mga lumalabas na news dito

Calata files cases vs Austrian trader

THE CHAIRMAN of delisted agribusiness firm Calata Corp. last week filed criminal cases against Austrian trader Alfred Reiterer over the latter’s statements maligning the company.

In a statement issued over the weekend, Calata said extortion and cyber libel charges were filed against Mr. Reiterer for his attacks against Calata Chairman Joseph H. Calata’s businesses despite not owning shares in the company.

“We reiterate again for the record that Reiterer does not own a single share in Calata Corp. and has no legal basis for him to claim or designate himself as representatives of the minority shareholders of the company,” the company said.

Calata is now coordinating with the National Bureau of Investigation and the Bureau of Immigration to discuss on how to proceed with the cases. The company previously filed reports with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) against Mr. Reiterer to clarify that it is not connected with the trader.

“Further, please be advised that in the coming weeks, additional criminal, civil and administrative cases shall be filed against Reiterer as a result of a continuous and thorough investigation against him and his disruptive and/or illegal actions not only against Calata Corp., Black Cell Technology Limited (HK) and also against (Mr.) Calata,” the company said.

To recall, Mr. Reiterer has acted as the representative of some small shareholders of Calata during PSE’s hearings on the company’s involuntary delisting in 2017. Mr. Reiterer joined in the effort to elect a new set of directors to lead Calata, supposedly for the sake of the shareholders.

Replying to Calata’s statement, Mr. Reiterer argued he now holds shares in the company after buying out shareholders following the delisting procedures.

“I bought 6,000 shares of Calata Corp. with stock certificate number 000093. The Deed of Sale was executed in December 2017 and the seller already paid all taxes and fees last year and we are only waiting for BIR (Bureau of Internal Revenue) to release the Certificate Authorizing Registration before we will forward all documents together to the Corporate Secretary to issue a new stock certificate in my name,” Mr. Reiterer said in a statement released on Sunday.

Mr. Reiterer said he bought the shares when the company failed to conduct a tender offer after getting delisted from the PSE. The tender offer would have provided shareholders the option to exit the company and regain their investment.

Aside from Calata, the company claimed Mr. Reiterer has also been attacking online agricultural marketplace Krops, a separate business headed by Mr. Calata that seeks to provide farmers better market access to their products.

“Reiterer has also been maligning Krops, which is a business totally unrelated to Calata Corp.,” the company said.

Krops describes itself as an agribusiness based application, owned by Hong Kong-based firm Blackcell Technology Limited. Its operations are currently limited to the Philippines, with the goal of expanding to the Southeast Asian market in the coming months, according to its Web site.

In his statement, Mr. Reiterer emphasized that some officials of Calata are also working under Krops. For instance, Calata Corporate Consultant Jason Mullings is cited as the innovation director of Krops, based on the company’s Web site. 

Pls don't follow me....I'm lost too! hehe
may araw ka rin Vegeta

remember, karma is a b!tch
Hi po, napa uplift nio na po un CAL nio?
Calata’s initial coin offering stopped

..."Black Cell Technology Inc., Black Sand Capital Inc. and Black Cell Technology Limited Krops were selling or offering securities in the form of Krop Tokens and/or KropCoins to the public without license from the corporate regulator"...

lakas talaga loob netong mama na ito...
...looks good from the outside, evil pala inside according sa mga investors

SEC halts Calata cryptocurrency offer

 The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO)against the initial coin offering of Krops, an agriculture mobile app founded by businessman Joseph Calata.

In an order dated Jan. 23, the SEC en banc barred Black Cell Technology Inc., Black Sands Capital Inc., Black Cell Technology Ltd. and Krops, their partners, officers, directors, agents and representatives from selling Krops tokens.

Krops is a mobile app that brings together farmers and buyers.

 Based on SEC’s investigation, Krops has already sold 2.4 million tokens. 

According to the SEC, Krops tokens and KropCoins are securities since these represent interests in a profit-making venture.

 “What is involved here is an initial coin offering, which is essentially the same as a public offering of securities,” the SEC said.
SEC argued that Black Cell, the parent company of Krops, does not possess the requisite license to sell securities to the public.

 Sought for comment, Calata said he would comply with the order and stop the sale in the Philippines but said global  investors are still very much welcome.

 “Krops is a company that helps farmers. I envision it to be the world’s first global digital marketplace for agriculture. This will be the Alibaba of agriculture. With $700 million worth of inventory, we are the biggest farm in the Philippines without us owning a single farm. I am saddened that the SEC has chose to slow down our endeavors and initiatives. It issued its order without due process,” he said.

Prior to the issuance of the CDO, the SEC has warned against entities selling crypto currency.

 Calata said they sent a letter to the SEC seeking clarification on the matter but was surprised to suddenly receive a cease and desist order from the regulator.

Pls don't follow me....I'm lost too! hehe
Kapag narecv ko un stock certificate eh ano po gagawin ko dun? Hay sayang talaga un pera, pero ganun talaga may mga taong manloloko. Kakalbuhin ko yan pag nakita ko yan
(01-30-2018, 06:11 PM)gnod21 Wrote: Kapag narecv ko un stock certificate eh ano po gagawin ko dun? Hay sayang talaga un pera, pero ganun talaga may mga taong manloloko. Kakalbuhin ko yan pag nakita ko yan

yung sa akin senyor ipapaframe ko tapos isasabit ko sa dingding   Tongue
sunugin na kasi opisina ng mga yan.(personal opinion) (does not reflect other mods of this site)
Kung mas madaming hawak na stocks un minority eh dpat wala na sia sa company nia

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