2007-03-24: Rectifying Bogus Global Alliance Claim to 40% of the Gold

A Public Notice run by Global Alliance Investment Association in the March 10, 2004 issue of the CONTACT newspaper (see pages 12-13) asserted a judicial presumption that Global Alliance has a claim to and a lien against 40% of the gold to be administered by the Foundation.

This Bogus claim is based on false premises. First, the Foundation is a non-stock corporation established to ADMINISTER (not OWN) the assets which are the legacy of the Tagean-Tallano Royal Family. Accordingly, it does not matter who put up the nominal capitalization of PHP100,000.  Mr. Ekker of Global Alliance says that “he” put up PHP40,000 and should somehow therefore be entitled to a claim and lien against 40% of the gold assets of the Foundation.  Mr. Ekker also submitted another false document to support his claim, showing his signature on the incorporation documents. The false and actual documents have been annotated by the Foundation’s secretary to make it clear.  See:

2007-03-24 Certified Bogus versus Certified Real Documents Filed with the SEC

Also note that Mr. Ekker has declared to the Board that all expenses have been funded from his own pocket but the GAIA Public Notice claims it has put up all the money.