Sitetalk IPO, Lies, Lies and More Lies.

You might remember Sitetalk lies about sponsoring big football clubs (reality a football school in Asia) and how big companies (Deloitte) were supporting them which was revealed as lies. The latest lie from Sitetalk people is that they are going to do an IPO on 14th of January 2013 on GXG market in London. This is what they are posting on different forums and Facebook pages.


It is therefore, I decided to ask GXG stock exchange if there is any IPO for Sitetalk on that date and here is their response:

“Dear Sir,

I am happy confirm that Sitetalk has not even applied to join GXG let alone been approved to join the market and is categorically not listing on the 14th.
I have already been made aware about individuals behind this company.
Thank you for your concern.
Kind regards,  

Simon Kiero-Watson
Head of Markets, GXG Markets 

UK Office
49 Queen Victoria Street
London 
EC4N 4SA
Tel: +44 20 7653 19354

www.gxgmarkets.co.uk
GXG Markets is a trading name of GXG Markets A/S, Levysgade 14 DK-8700 Horsens
Tel:+45 70 227 228
Authorised and regulated by the Danish Financial Supervisory Authority
GXG Markets is a trading name of GXG Markets A/S, Levysgade 14 DK-8700 Horsens
Tel:+45 70 227 228Authorised and regulated by the Danish Financial Supervisory Authority”

I am sure for some poor victims that have lost their savings, this will be very hard to accept but you can always contact GXG Markets to confirm. Unless Sitetalk is going to setup a phony website in Asia as GXG market and then claim that they are listed there, there is no IPO for these criminals and their scam in London.

Update- More Information:

It seems people in Sitetalk / OPN are trying to buy a shell ( listed company with no assets, usually costing about 20,000 Euros) and give the worthless shares to the people who have paid them for “OFC” so they avoid to be charged with fraud. Lets be clear about this: There is no IPO for Sitetalk, none of you going to be rich from it. They are just fooling you again by giving worthless shares in something called “ST Communities Ltd.”, so they can avoid to be charged for fraud. Here is GXG head of market response to their claims:

”  ST Communities is a cash shell that is indeed on GXG Markets however there is no way that the gentlemen in question would pass our screening process to be directors or controlling shareholders of a company on GXG should they attempt a reverse takeover.

Kind regardsSimon Kiero-Watson
Head of Markets, GXG Markets “

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