Recent content by danielboros

Sorry I meant to say 90 days. That's how it should work if we get a written consent from OCIF. I've sent emails to Lugo and asked if OCIF gave their written consent yet, but since I am OPT IN they will most likely not answer.

It does not say or suggest that. It seems that the plan has been accepted by OCIF so all transactions must complete in the next 6 months.

Lack of transparency is a general problem. Lugo is liqudating two banks while DAS is liqudating another two and I believe there are three more being liquadated by others.

Are you so afraid that something positive might happen? The point is that RGT's license is no longer expired. If it being expired is bad news than it not being expired is good news. Would you prefer it if it was still expired? Would that be better for you or for anyone here? Btw I am from the PC...

It seems that Responsible Gold Trading DMCC has a valid license until 2026 at least according to the website. I am assuming they renewed it recently. The other one is pretty much gone.

Some news that might be interesting:

@john8899 I'm pretty sure Peter said the reason why they couldn't renew their license was because OCIF refused to approve it (after doing the opposite for many years). So we don't know what happened, but I guess it would make sense that Peter would sabotage his own bank for no reason... I mean...

Look at my messages. I have literally said that EPB was short by millions and that clearly was wrong and that that should not have happened. I said that multiple times including now. As far as I remember, being insolvent was not necessarely related to that specifically, but if I am wrong what...

Pretty sure PS said it here, but the liquidator also confirmed that ultimately no money was missing and that every depositor will be reimbursed in full. Obviosuly a meager 4 mill missing would not make any bank "insolvent". If I recall correctly the problem was that EPBs deposits in banks were...

Yes regulators claimed EPB was "insolvent" because a large chunk of money was in European Banks and not on hand as cash in Puerto Rico. That is the definition of nonsene. Calling a bank that is on average at least 4 times more liquid than any other banks makes little sense when you think about...

I can't download that file. I have waited 10 min to get it. The server is probably very far from me so even if I have good bandwith it won't download, but I'm pretty sure I have seen a document like that in the past. I remember translating something from spanish as well. The reason is simply...

Hello @john8899, Can you explain why auditors had doubts about EPB in 2019 if OCIF began their investigation in mid 2020? Who are these auditors? What did they say? Where did they say it and when? History of non-compliance being a cause of anything seems like a far fetch when OCIF didn't even...

If the only reason people are ganging up on PS is that he is the only one willing to reply to messages, then I can understand why nobody else is willing to talk to us. Imagine if we actually had a reason to be angry about something with the person responsible. Wouldn't want to be on the...

page 145 of course

What does corporate law have anything to do with PS? You are the one introducing theories here. I do not need to ask PS to see that his bank was treated unfairly. All I need is a pair of eyes. Was Silicon Valley Bank treated this way? Were all customers of SVB also been investigated? Was SVB...