SOS : Grid Representation Fundation
Status: Actively Traded
CEO: GridRep Magic
Board of Directors
Hermit Barber - Chairman
Meshed Gears - Director
IntLibber BnT - Director
Investor Relations ( 2/15)
The forum has not been dealt with by any of the directors of the board of a company official, Cliff Eclipse has kindly tried to answer investor questions although he holds no title in the fund. The last investor message was recorded August 29th and since then there has been no reply by one of the many directors or numerous SOS Officers (Approx 13 in number). Last announcement was published in November 15, 2008 and since then no more news have been given.
Business Transparency & Growth (1/10)
Although this foundation may not post a standard financial statement based on its nature it could have posted a reference document with how much of the money was being spent monthly and in what areas of the legal defense ( I.e Court fees, Attorney fees, Paperwork).
Dividends (x/10)
* Does not apply to this type of organization
Verdict (3/20)
It is obvious by the lack of official communication that something that started as a great idea lost steam in the process. No communication with the shareholders during the whole history begs to ask where did all the money go? Was it properly spent in legal fees? Was there a strong legal action started? I would like to hear your opinion about this topic. For me this is a [Strong Sell] if you can although t given the nature of the shares it will be very hard.
*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*
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I have been trying to contact Intlibber and Hermit at that subject and they keep ignoring all my requests. Never got a word from them, I am pretty sure the money is in their pocket by now and we`re never gonna see it ever again. Plus the price per share keep going down everyday so they can buy it back at the lowest price possible, this is a scam right from the begining.
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