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it is good to see that in the blockchain currency we have urocoin, that is a little unique and others coins are now following in the same footprints. The coins that are backed have a greater chance to be accepted as "long term" currency.
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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.
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the amount of effort that has been put into urocoin appears to be very real and by real people, who actually show faces and videos directly. Everyday there is real communication. In India we know it to be real (IPL suppliers is not an easy task, as Gov. checks are very long..). iam surprised that more then 4moths later the question is asked?
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Some facts: to buy urea into India, you must have the IPL (or Gov. body approved) tender, with out it you can not import urea into India. The tender is a process and "somewhat a fair" distribution with all companies applying. As Rivaa has already preformed with IPL, they will 100% come back and buy more (if not already done). I also think Rivaa will not be running around telling the secrets to other importers in India about urocoin. I also think GES is not really promoting urocoin, as it is not serving their needs. They are very brief on every comment they have made re: urocoin But after Urocoin was used for Rivaa, GES was the talk in IPL, maybe this is the card GES is playing. 1 uro deal for GES = 100 new customers, as IPL is mentioning GES in public. If you can really spend $1 to make 200$ why the fuck dont you sell your house, and sell your mums house, and your nans house to buy URO  Hey ?? If URO really was so fucken good why is price bottom at 11 and noone wants to buy?? hey if URO is so fucken good why are people selling at a loss? If URO is so fucken good...... WHY ARE YOU NOT BUYING??? If URO is so fucken good why have they ignored my email trying to collect delivery on the 12.5k uro i own (see previous messages) ?? If URO is so fucken good why dont you buy my 12.5k URO from me at a good rate like 17 or something... The next wanker that posts here without backing it up with money can honestly go fucken kill themselves. Ir URO is so fucken good why are you not buying it  Please chill out. I know you're frustrated. 12.5k URO and all... I didn't sell the house, I only put in what I can easily afford to loose. That's why I'm not freaking out no matter what and that's also why I'm not buying more. It's a risk. A very high risk, but everything is a risk in crypto world. For example, Syscoin devs collected 1600BTC in ICO sales. Their wallet says "Litecoin" all over it and doesn't work well. Shit happens.
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urocoin is similar to a Blue Chip Share in the trading market. It is very secure and for long term. The odds are always in the favour of any Blue Chip Share in the market.
Positives are - No Pre-mine , Very Active Dev. Team, Backed by International Companies, urocoin already made headlines, urocoin already used to purchase urea, community is growing very fast.....IPL (Indian Gov.) has accepted the companies involved in the urea trade and GES......
low before the very highs...this is normal
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Yes - GES is known in Indian Commodity trade
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IPL to release new Tender prices for urea in India, around 7th September
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It appears that GES is in talks with major groups in Iran to use Urocoins. In countries like Iran and Pakistan, business has always struggled with sending 'Money" in/out due to Strict (unfair) Government regulations imposed on business. It is a fact that Indian businessman pay Iran through Dubai banks. Urocoin is about to solve a major crises in Iran. The most effective way to send "money" in/out is to use Urocoin. GES has many International contacts, so sending Uro from Iran to India, Pakistan, Hong Kong, Africa, China... is about to become very profitable. This is Great News.
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There are many Banks from UAE and specially Dubai set up in Iran for these purpose. Even the Indian Importers pay to a Dubai bank when dealing in Iran I agree to some point, but would you do business with an Iranian bank if you weren't Iranian? I sure as hell wouldn't.
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It appears to be a major event in Iran, if GES Directors are setting up meeting in Iran. Iran would be a major interest for Urocoin as this is one country that needs "alternative" payment structure. Waiting on GES response........... Uro Foundation @UroFoundation 8m @GESystemsgroup will #Urocoin be on the agenda during these Iranian talks over the weekend?
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my family is in local logistics for many years. You are knowledgeable. Are you working in the shipment industries. Port MUNDRA is 99% urea (this is due to unloading vessels and machines required to unload bulk urea) port kandla is 80% urea How do you know it is urea ?
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Port MUNDRA is 99% urea (this is due to unloading vessels and machines required to unload bulk urea) port kandla is 80% urea How do you know it is urea ?
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http://greenearthsystems.com.au/iranian-urea/GES confirmed in June they are dealing in Iran for Urea with local partner hope that GES & Co. are prepared to react to the sanctions coming back. I hope they do.
Sanctions shouldn't be effecting Urea exports to India http://businesstoday.intoday.in/story/sanctions-eased-india-speeds-up-investment-proposals-to-iran/1/201259.htmlIndian companies continued to buy urea in November from international markets such as Iran and China. Under the latest tender on November 11, Indian Potash bought over 600,000 tonnes of urea scheduled to be shipped by December 22. There are mixed opinions as to when, or whether, India will return to the market again. There has been talk that Metals and Minerals Trading Corp (MMTC) may float another purchase tender in the near future, although it has made no official announcement
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IPL also uses Kandal PORT, India, as it is Government control. I also have access the vessel from India. I'm tracking every ship within 200 miles, but there are no bulk carriers underway in that range. It should be bound for Mundra, that's where the majority of the big urea shipments are offloaded. I can access the shipping records about 48 hrs after the ship docks (approximately), but the port of origin is encouraging.
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ILP takes ownership of Urea at the loading Port, as the contracts with IPL is on FOB (where IPL supplies it own shipping to pick up Urea from Loading Port). This is correct. Port data for asalouyeh is unavailable to me (language barrier) at any rate, it lags a couple days behind, so it will soon be double verified. There is at this time only one bulk carrier moored at asalouyeh, so that's probably our boat. I'll keep track of it once it gets underway. Thank you to Bohan and GES for supplying this much needed boost to the community.
It did say it could already be on its way too. Just to keep in mind.
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most of Indian Urea now is coming from Iran. This is correct. GES has listed many posting on its twitter about Iran. This makes sense. Yes it checks out. Per True Asset in the IRC as to the "clue" of shipment [19:34] <true-asset> Update on RIvaa's first shipment paid with URO: 1. "Port of Loading: Assaluyeh Port, Iran, as the shipment is on FOB basis the vessel is provided by IPL [19:34] <true-asset> Origin Of Goods, Iran", 2. "The refinery of the urea is a trade secret. just like Newegg is not going to tell you where they buy their ASUS motherboards from", 3. "At this time, the urea is wither being loaded into the vessel or has already left port", 4. Further information regarding the shipment will be subject to this: [19:34] <true-asset> https://bitcointalk.org/index.php?board=159.0Someone with shipping knowledge to investigate would be great!
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Indian Gov. has very strict regulations when it comes to the suppliers for Urea. IPL will have done massive due diligence, otherwise it will not be listed.
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Yes, this is correct. IPL orders have been confirmed.
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