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Some Advice Needed Please

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Comments

  • Posts: 0 ✭✭ [Deleted User]


    Any up dates



  • Registered Users Posts: 169 ✭✭Dodgyone


    i think everyone has lost interest!

    of course they will have one more attempt at convincing people that they are a genuine business so watch this space!



  • Posts: 0 ✭✭ [Deleted User]


    Listing at end of the month Although it is believed there not ready as they don't have enough investment but going ahead anyway From a reliable source



  • Registered Users Posts: 90 ✭✭Veritas26


    I am sure they believe they are listing. They have been saying they would list for 7 years.


    We can watch in amusement when they try again.


    Remember they HAVE to maintain this listing story as they have sold significant amounts of equity to investors based on the get rich quick story of an IPO. If that does not transpire then very quickly multiple legal claims will be made against the directors.



  • Registered Users Posts: 169 ✭✭Dodgyone


    Would bet my house on them not listing this month or next or the month after that!



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  • Posts: 0 ✭✭ [Deleted User]


    I'd say they will Caus they say they are So we will see.



  • Registered Users Posts: 90 ✭✭Veritas26


    But…………they say they have a genuine business also!



  • Registered Users Posts: 169 ✭✭Dodgyone


    Whatever happens we can sure it will be a car crash



  • Registered Users Posts: 90 ✭✭Veritas26


    I see they have just updated their extremely amateur looking website with the following set of inaccurate comments!!



    Moralltach Global is public company with a portfolio of property largely based in Ireland. The business concept and strategy were born initially to take advantage of the business opportunities afforded by the Global Financial Crisis (GFC), which resulted in the collapse of the Irish economy in 2008.


    The maxim that every cloud has a silver lining is very apt in the case of Moralltach. The founder of Moralltach Global identified this unique and unprecedented situation in the Irish economy as an attractive business opportunity. Businesses and individuals required capital funding either to clear historic debt and/or to fund future projects.

    From 2006 onwards, the banking sector in the western world, went through a series of shocks. These shocks were particularly acute in Ireland. Literally, the banking sector collapsed. The Irish Government rushed in over-night in September 2008 and issued a blanket guarantee of all bank debts. This move so destabilised the finances of the Irish State that the intervention of the International Monetary Fund was necessary. 

    The market for the services of Moralltach was the entire Irish economy. Moralltach initially focused on the Irish property market. While reviewing the Irish property market, projects in the Green Energy Market; in particular the Waste to Energy Sector, were identified together with other promising businesses in need of financial support. 

    As a result, Moralltach has become a broad based investment company and has acquired a considerable portfolio of assets in the residential and commercial property market as well a vast green investment portfolio. 



  • Registered Users Posts: 90 ✭✭Veritas26


    We learn that the market for Moralltach is the entire Irish economy!! (They have zero revenue and have had zero revenue since inception 7 years ago)

    And that they have a “vast” green investment portfolio!! (They have a sum total of zero cents worth of revenue on this “vast” portfolio. They have invested a sum total of zero cents in this “vast” portfolio).

    Laughable comments.



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  • Registered Users Posts: 169 ✭✭Dodgyone


    The car crash begins!



  • Posts: 0 ✭✭ [Deleted User]


    That Green Energy is so not I know the person assigned to work on that big pipe dream they had guys from China over to look at not only the Green Energy but Digesters to invest and fund this but to no avail.Such bull I'd love to see the new or old old list of Residential and other so called investment property they are using this jumped up portfolio for Frankfort due to list end of next week.I also believe that they are not ready to list as they don't have enough investment 😜



  • Posts: 0 ✭✭ [Deleted User]


    Oh and the founder of Moralltach with a history of dissolved company's with shady characters running the show he was not allowed practice as a solicitor ever again and his accountant questionable over 1million of share holders money his answer was Well that was before the IPO in Australia so where did that million go 🤠 shower of Cowboys 🤣🤣



  • Registered Users Posts: 169 ✭✭Dodgyone


    To be honest if anyone is stupid enough to invest they deserve to lose all their money



  • Registered Users Posts: 169 ✭✭Dodgyone


    Zero info on an IPO Bubba



  • Registered Users Posts: 360 ✭✭Xidu


    Turn your back away when you hear invest 10k n get 3k back in 6 wks.

    most of them…sorry…all of them are scam.

    those people are professional scammer.



  • Registered Users Posts: 169 ✭✭Dodgyone


    Agree Xidu.



  • Posts: 0 ✭✭ [Deleted User]


    Agree more like a Ponzi Scam



  • Registered Users Posts: 169 ✭✭Dodgyone


    They have set up a Moralltach Global twitter account. Only retweeted comments so far. Attempting to create a pretence of being a normal functional business. They will be unable to post anything meaningful as they have nothing to meaningful to say!



  • Registered Users Posts: 169 ✭✭Dodgyone




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  • Registered Users Posts: 169 ✭✭Dodgyone


    Same tired regurgitation of the lies told to the NSX



  • Registered Users Posts: 169 ✭✭Dodgyone


    Interestingly they claim their “portfolio” is now worth €100m when they previously said €650m! Amazing how you can just lose a portfolio of €550m as they sure received no cash for it!!



  • Posts: 0 ✭✭ [Deleted User]


    omg same bull 🐂 what's the new builds in North Wicklow site 7million before houses are built what's that got to do with their portfolio and no bank will sell another customer s property unless it's governed by the central bank regulations and lease fee is with the current rental rates sure that's more than a mortgage And it also says it's listing in Frankfort oh and you get your shares as profit Same Same ol



  • Registered Users Posts: 169 ✭✭Dodgyone


    A work of fiction. Good that they can amuse us further with a new website and a twitter account!



  • Posts: 0 ✭✭ [Deleted User]


    😜🤠😅



  • Registered Users Posts: 90 ✭✭Veritas26


    Two particular highlights for me in their comments on the new website (apart from the fact that they listed on the NSX with a valuation of 1.5billion and now state that they have assets worth 100m!)


    1. They still talk about the 2008 financial crisis as the main reason for Moralltachs establishment. Yet we are 14 years on with markets that are now extremely liquid with investors desperate for credible opportunities to deploy capital. They still talk about 2008. Why? Because there is no credible reason anyone would want anything to do with the company unless we were living in fractured markets such as 2008.
    2. Almost certainly Moralltach have not deployed one cent of funding capital to anyone, anywhere, ever. The reason for this being that no one would lend money to a company unaudited since registration in Malta in 2016


  • Registered Users Posts: 90 ✭✭Veritas26


    Moralltach the gift that keeps on giving. No audit filings since registration in Malta in 2015.


    https://registry.mbr.mt/ROC/index.jsp#/ROC/documentsReport.jsp?action=companyDetails&pager.offset=0



  • Posts: 0 ✭✭ [Deleted User]


    When you click into that link says it's expired Yes I noticed that old story of 2008 and no Audits and expulsion from Australia Stock exchange Like what are they at .



  • Registered Users Posts: 169 ✭✭Dodgyone


    Type in Moralltach Global in the company search and you will see the delinquent status. Not sure what you have to do in Malta to be struck off the company register! Would have through 7 years of not filing an audit would be a massive red flag and company would be struck off.



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  • Posts: 0 ✭✭ [Deleted User]


    It's beggers belief that with all the shareholders money that s gone no one ever disclosed them even the Vipers company who went after The CEO on behalf of Patrick Fitzpatrick for over 100 grand where's all the money the accountant got from customers investments over a million. and 7 years not filing any Audits.🙄



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