He is the sole director of GES HK. Doesn't it matter to you that he would have no money to run this company??
He does not need money to run the company. The company has money to run itself. Nilesh does not equal the company. You are making Nilesh more important for the well-being of the company than he in fact might be. Do we know if and how many shares he owns in the company? We don't. We only know that the company pays his salary. So it might be that you are building your conspiracy theories around something that you don't know.
Look at this. It will answer your questions.
http://www.scribd.com/doc/235214148/PS300016750373-01-Annual-Financials-2013-AmendedWho owns the company?
Who would be retaining the profits?
Not hard to answer those questions from the document.
No other shareholders.
Yes, these documents were seen some time back, already? (this link also proves and confirms that Nair is not bankrupt) the main reason most companies in Hong Kong, Australia, USA, UK.....show no profits, To avoid paying large tax to Gov. or huge banking fees...(this is more reason why GES has moved to urocoin).
Most of these companies are banking from Mauritius or Isle of Man ...This is very common as they do not show what the value of their company is and pay large tax bills (most serious traders in Altcurrency already understand this).
This is quite normal practise.
hmm so everytime they sell urea for uro they "take a loss" so at the end of the year it shows negative no matter what but then URO prices go up and they turn that loss into profit... wait no they never turn profit because uro never exceeds urea price.. why are they doing this again?