Wednesday, September 9, 2009

Ancapistan Exchange Defunct Company I

WJUV Radio
Status : Halted
CEO: Tyrian Camilo
CFO: Granger Underwood

Investor Relations (1/15)
This company has become an empty placeholder in the ACE Trading list and the last known post made by a company official was written February 9th, 2008 in the forum. The last main page announcement is also dated way back as August 24, 2008 informing about new tunes the company acquired. Furthermore no response have been published to a old thread of investors so this company deserves no more than a 1 in this section.

Financial Transparency & Growth (0/10)
No financials have been posted since this company was conceived under either the official financial summary page or the forum financial reporting thread.

Dividend Payments (1/10)
The last known dividend for this company was given December 18, 2007 so we can admire this company has not even bother to post something for investors in two years.

Verdict (2/35)
This company was halted by the ACE administration in a very wise fashion since it was non compliant with a lot of the rules of listed companies as we can judge from the above stated facts. But I can't help to wonder why is this shell still in place? right now its merely serving placeholder to make the ACE trading list appear longer than it is. All I can say to those who invested on this years ago is that they ask for the company to be delisted as its presence is not positive to the exchange community.

*All dates and figures mentioned in this review can be easily verified by acessing the relevant sections of the ace-exchange website. If you think a mistake has been made please let me know and I will get back to you with the public source of the info*

1 comment:

  1. WJUV and ESN were developed to help re pay the loss from Intlibber's scam of CGI and AVC back in Oct 2007.
    Look Deep, and you will see how many companies on ACE are not real.

    ReplyDelete