Guangzhou Global Telecom—GZGT - Forbes and Business Week
Davis Freeberg’s outstanding research of Guangzhou Global Telecom (GZGT) and the graphics showing the relationship between Avalon, Global Telcom Holding Ltd, Godels, Solomon, Barber & Co., International Tea Company, Technology Resources Inc., WES Consulting, Contracted Services, Inc, MCG Diversified Inc., Electro Energy, Ivecon, Diane Harrison and Randall Drake:
GZGT: Golden Dragon or Sleeping Snake?
As so often, a group of people will continually manipulate markets and the SEC does nothing.
And while Davis started his investigation due to email spam, even the “reputable” media is in on it:
… So far, the only mainstream media outlet to pick up on GZGT’s innovative marketing attempts, has been Kiplingers. When the company was first approached, they knew something didn’t look right and took steps to warn their readers. Unfortunately, other business publications seem to be more than willing to sellout. Business Week and Forbes have both agreed to run the ads, regardless of how questionable this might be ethically. I would encourage both publications to take a closer look at GZGT, instead of their advertising revenue, before putting the company in front of their readers. ...
Anything for a buck.
