Global Gold Corp (GBGD): Extortion and Fraud In Armenia

I received a call today from my contact in Armenia confirming that this is actually the case. Not only that a declaration of bankruptcy was issued in  April  against all GBGD subsidiaries, but that a court appointed liquidator has been named too. It is a holiday on Monday in Armenia and I expect to get actual court case numbers and other information by mid week. Nevertheless, in typical Van Krikorian fashion The only reference to this potential bankruptcy was announced in the 10-K, which was filed on May 2, 2016.  No mention of the actual bankruptcy in subsequent events, and no mention of bankruptcy claims ever filed against GBGD's subsidiaries in Armenia, ever. Mr. Krikorian discloses the following in the last 10-K: https://www.sec.gov/Archives/ edgar/data/319671/ 000143774916030518/ gbgd20151231_10k.htm Page 37 " General The Company is subject to various legal proceedings and claims that arise in the ordinary course of business or which constitute nuis...

January 21, 2015 United States Securities and Exchange Commission RE: GLOBAL GOLD CORP (GBGD) File No:  002-69494 Mr. John Reynolds, Assistant Director US Securities and Exchange Commission ReynoldsJ@sec.gov Ms. Tia L. Jenkins   Senior Assistant Chief Accountant   US Securities and Exchange Commission  J enkinsT@sec.gov  Mr. John Coleman, Mining Engineer   Division of Corporate Finance  US Securities and Exchange Commission  ColemanJ@sec.gov Dear Mr. John Reynolds, Ms. Tia Jenkins and Mr. John Coleman, Global Gold has failed to fully disclose its affairs in Armenia since 2008. It is relatively easy for them to hide the truth because material contracts and public documents are only posted in Armenia and only in the Armenian language. Furthermore a number of material contracts have not been posted in SEC filings or the website of Global Gold Corp, namely  Mining Contract No 287  regarding...