Sunday, March 29, 2009

Valcor to publish audited reports!

Better late than never!

The people behind the Valcor Investment opportunity have contacted us to let us know that they are preparing the audited reports required for this share offering. (so I presume, for Maderas del Atlantico, which is the company being invested into, and for IPEC, which I believe is 100% owned by Maderas del Atlantico).

We look forwards to these documents finally being made available to investors and potential investors so that they can evaluate the opportunity!

We are happy that this blog has helped bring better corporate governance to this company. Whilst we have received no positive comments about this blog by current shareholders in the company, we strongly believe that our commitment to bring better fiscal policy to the company is in their best interest. After all, have shareholders been happy sitting on their investment for the past year, without ever having seen a proper financial report?

3 comments:

Anonymous said...

How is it possible that they have already issued shares to investors, if they have not had any financial reports??
People would have to be crazy to invest without seeing the financials of the company they invest into!

Anonymous said...

I have some information on this company. I have extensive experience in lumber and latin America and their numbers and projections are unrealistic at best, something else at worst. I caught them in outright lies, including the statement that they are cutting on a weekly basis the same amount as the entire country of Peru, the world's largest mahogany exporter

Anonymous said...

I'm a Toronto Star reporter looking into this Valcor situation. Whoever made this blog, please email me at aballingall@thestar.ca

Thanks so much,
A.