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.
You asked, "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."
The document answers this question. Being the only shareholder and director the company's profits belong to? I'll let you answer that one.
http://www.scribd.com/doc/235214148/PS300016750373-01-Annual-Financials-2013-AmendedHe is bankrupt, look at this
http://www.docdroid.net/f94l/bankruptcy-search-1.pdf.htmlSo are you saying that GES AU and GES HK are scheming to avoid paying taxes and debts that they owe by shifting their funds or by getting into fake currencies. No wonder the altcurrency is riddled with scams!
LOL Truthful, every international company has several bank account to pay less tax or over the top banking fees. This is norm. in the international business.
so Nair is getting paid salary from HK GES. GREAT
some things are Facts in the international business, as how large business operates. You are just a FUD you went on about this 3months ago, exactly the same info. It got you now where and you are doing it again. This is why you are a FUD