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Ripoff Report | Elephant Review - Schiphol, amsterdam, Internet
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Report: #1058630

Complaint Review: elephant talk communications corp (ETAK) - schiphol, amsterdam Internet

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  • Reported By: joseph — new york city New York
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  • elephant talk communications corp (ETAK) Internet Netherlands

elephant talk communications corp (ETAK) ETAK will never make a profit: a true investor fraud schiphol, amsterdam Internet

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A High nvestor Risk and potential fraud. Elephant talk (ETAK) is a high investor risk, a realpotential fraud, a self-serving management thiefdom with excessive salaries and stock bonuses and not based on performance pkus it will never make a profit for 90% of its business is the sale of prepaid telephone cards. The hipe they use: Validsoft technolgoy is too insignificant part of its annual revenues. The Company has stated on numerous occassions (see April 2, 2013) the most recent April that they will make a profit in order to move its stock price but never does. Further, its stock is constantly being upticked in the last 5 minutes of trading today - up 3 cents to settle/ close at $72.

This report was posted on Ripoff Report on 06/12/2013 01:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/elephant-talk-communications-corp-etak/internet/elephant-talk-communications-corp-etak-etak-will-never-make-a-profit-a-true-investor-1058630. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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