After being forced to shut down sham ICO SolarStake by ICO Investigations work in exposing them, the team behind them are eager to have the investors transfer across to shares in the unregistered Helios Energy Co of Thailand.
Convincing investors to take the option of moving over to Helios Energy has included showing fake and forged documents.
Helios Energy was picked by Jeremy Tan as it’s used by a number of other companies that are involved with Solar around the world so confusion is easy.
Investors asking to see the registration document are told by Gary Brooks that as a few investors have seen it and authenticated it (how?) that they would not be showing it to anyone else as most investors has taken up the share swap offer.
Additional changes are made and the Helios Energy will be moving to infrequent quarterly updates. Given they have not meet a single deliverable to date including their promised 400MW solar panel factory they were building in Thailand, little will change with quarterly updates of nothing.
James is likely to be another Jeremy Tan fake account who joined the group for the first time and immediately asks a question as an “investor”.
Ugo Nwagwu is quick to point out that communications will still be open, compares themselves to a traditional business and comments on “hard earned money” as if any of the team would know what that was.
A team in charge of investor relations is available to Helios Energy investors he goes on to say.
Alexander Karpinski adds little to the discussion. Still, without an actual product what is there to really discuss?
CoronaVirus and the Scam
The good news is that the question by a fake account of Jeremy Tan is easy to answer. The CoronaVirus will not affect the scam and will assist it by giving them excuses for delays.
The distribution of bonus tokens to the wallets has been completed and final notice is given for investors to receive a refund or swap shares with Helios Energy.
Final Stage of the SolarStake Scam
The final stage of the SolarStake Scam is the signing of the fake share agreements to a company that is not registered in Thailand.