"Oh What a Tangled Web We Weave When First We Practice to Deceive" in Armenia

"Oh What a tangled web We weave,
When First We Practice to deceive! "
Sir Walter Scott: Marmion: A Tale of Flodden Field

(ARMENIAN VERSION BELOW)

May 31, 2013


Dear Readers,

I prepared this chart in an attempt to bring to light the web of connections used by Global Gold Corp., GGM, Mego-Gold, Mr. Van Krikorian and Mr. Ashot Poghossyan. While I do not believe this chart is exhaustive, it does represent what I believe to be the web of influence and money used by Mr. Van Krikorian and Mr. Ashot Poghossyan in Armenia. There is significant Political Influence That Mr. Krikorian has access to his 30 DUE Armenian Assembly of America the Year with Association (AAA).
The AAA has lobbied the US Congress over the Last 20 years, and the Republic of Armenia has received Hundreds of millions of dollars of military and Foreign Aid Aid . One Deputy Minister once told me That "We" looked upon Mr. Krikorian as a "Savior to Armenia" back in the early days of the new Armenian Republic.

Because of Mr. Van Krikorian's association with the AAA, he has access to the Office of the President and the Office of the Prime-Minister of Armenia, something that mining companies normally do not have access to. Over the last few months Mr. Even Krikorian has attempted to use his Influence and visited the Office of the State Minister of Revenue, in an Attempt to Stop a criminal Investigation against his Company. Over the years, Mr. Krikorian has developed this "web" with the help of his main partner, Mr. Ashot Poghossyan and their lawyer Hrayr Gukhassyan, by employing children and family members of key government officials. Return GGM appears to have received in Support Projects in securing mining and Licenses, under questionable Circumstances. In my opinion money has flowed Through Global Gold Corp., to GGM, Mr. Ashot Poghossyan, and his private consulting company, Arax Consulting and RAKE LLC. Considering Global Gold has spent $ 11 Million dollars at the Toukhmanuk Gold Mine plus $ 7 million received from CRA in 2011, their new joint venture partner, but GGM has little to show for it and now it is shut down because of bad planning (more on CRA below). The main Agent in the MIDDLE of GGM's Successful attempts to circumvent mining regulations and Code of Armenia is Mr. Koryoun Agopyan, the Head of the Concessions Department at the Ministry of Energy and Natural Resources (MENR). Since 2006, Mr. Koryoun Agopyan has supported Global Gold subsidiaries GGM, Mego-Gold, Hankavan and Getik operations by not enforcing Armenian laws. In return Mr. Koryoun Agopyan benefited from millions of dollars of geological exclusive Contracts for Services issued by GGM to "his" Company, rake, LLC. While it is hard to confirm ownership between RAKE and Mr. Koryoun Agopyan, this type of corruption prone undisclosed Ownership is Common Practice in Armenia. I came to this conclusion about Mr. Koryoun Agopyan from conversations I had with other mining professionals in Armenia and by the fact that Mr. Koryoun Agopyan organized a bogus / fake termination notice on the Marjan Mining License on September 28, 2010, issued by the MENR. This termination notice was used by Mr. VAN Krikorian to justify his termination of our Joint Venture Project and to swindle this Caldera Away from Sharp by Using the Practice of the Law. I do not Believe Mr. Krikorian had any intention to complete the transaction with me on the Marjan Project, his intent was to get as much cash from me as possible and sooner or later terminate the agreement, just like he continues to do.










Mr. Krikorian also used the services of GGM's lawyer, Mr. Hrayr Gukhassyan, a FALSE criminal complaint against me to File Label me to a "criminal" and use this accusation to gain Advantage in Using the local Armenian Media, t he Administrative Courts, the US State Department, the US Embassy in Armenian and the US Arbitration case. Mr. Hrayr's Gukhassyan has many connections in Armenia legal society along with his father Mr. Hovaness Gukhassyan, Justice of the Cassation Court of Armenia, Criminal Division, including the help of his wife and siblings, in corruption plagued Armenian Judicial system. This is common practice of Mr. Krikorian and GGM to File FALSE criminal complaints in an Attempt to shut down his detractors. Mr. Hrayr Gukhassyan should be disbarred for knowingly Filing criminal complaints on behalf of FALSE against me GGM GGM employees and contractors and Other.

My opinion is based on my Personal Experiences in DEALING with Mr. Van Krikorian and his gang in Armenia. There are too many coincidences and circumstantial evidence that fall in the favour of Mr. Krikorian for me to believe otherwise. Mr. Krikorian and Global Gold Corp. have benefited from the Political Influence gained Through his connection to the AAA, and Possible "baksheesh" circulated Through Ashot Poghossyan, Arax Consulting and rake. Recently I also discovered That Mr. Krikorian and GGM held two books for accounting of their mining activities in Armenia. They kept one set of books for Armenia authorities and an other set of books to show to US investors. I discovered recently that GGM has been under-reporting their mining activities in Armenia by 50% and possibly the gold concentrate produced at Toukhmanuk may have been diverted from their production records. Please Visit my Blog for more information on this matter At: http://gbgd-armenia-mining.blogspot.com/2013/05/global-gold-corp-gbgd-overstates-mining.html It is also appears I am not the only victim of Global Gold activities in Armenia, he is doing the same thing to another foreign investment company, Consolidated Resources Armenia (CRA). CRA made ​​approximately a $ 7 million dollar investment in Mego-Gold which Mr. Ashot Poghossyan apparently misappropriated some funds which were destined to pay employees and consultants of GGM. It is no wonder Mr. Poghossyan lives in a MILLION dollar estate while GGM and Mego-Gold employees and contractors are waiting almost 2 years to get paid their meager salaries and benefits. I predict again that GGM will terminate his joint venture agreement with CRA claiming breach of contract. I believe this is a pattern that GGM and Mr. Krikorian to use their Advantage.  This is stealing, but instead of a gun and Force, they use legal Tactics Sharp, the courts and corruption. So this makes it legal? The State Revenue Agency of the Republic of Armenia, the General Prosecutor's Office of Armenia, Anti-Corruption Agencies in Armenia and all, should investigate Global Gold Mining, Mego-Gold, Arax Consulting, rake, Mr. Van Z. Krikorian, Mr. Ashot Poghossyan, Mr. Hrayr Gukhassyan and

Mr. Koryoun Agopyan an end to this and PUT. 

Sincerely, 
Vasilios (Bill) Mavridis Montreal, Quebec, CANADA 
514-813-9200



About this Blog:  Between 2009 and 2012 I was an active investor in the mineral exploration sector in the Republic of Armenia.  Our main project in Armenia was the MARJAN polymetallic gold and silver project located in near Sissian.  My JV partner, Mr. Van Z. Krikorian, President of Global Gold Corp (otcqb: GBGD) and Trustee of the Armenian Assembly of America, used corrupt means including using his influence with the US EMBASSY in YEREVAN to secure an indictment against me for theft of the JV and to corrupt the Armenia judicial system to give him a favourable ruling.

Mr. Van Z. Krikorian is the President, CEO and Legal Counsel of Global Gold Corp. (otcqb:GBGD), a penny stock listed on the OTC  markets. His public filings with the US Securities and Exchange Commission  fail to fully disclose the reality on the ground in Armenia in the promotion and development of GBGD's gold project, the TOUKHMANUK GOLD MINE.

This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia.

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31 May, 2013

Dear Readers,

I present you with Global Gold, Gold tnkerutyan Megk Van Krikorian and the network created by Ashot Poghosyan. Although I do not think that this list is exhaustive, it does not represent all of their communications - including ousted from   Mr Van Grigoryan and Ashot Poghosyan money by using   the information.

They have a huge political impact, Mr. Grigoryan has a 30-year-old contacted Armenian Assembly of America (AAA) with AAA influential in the US Congress, which for the past 20 years, Armenia has allocated hundreds of millions of dollars in foreign aid and military assistance.

One minister once told me that "we" are looking at, as Mr. Grigoryan of Armenia "Saviour" still in the early days of the Republic of Armenia.

Habdisanalov VAT-President, Mr. Van Krikorian has access to the Prime Minister, the President of the Republic gchasenyakner. Recently, the State Revenue Committee to use its status to settle the issue of the suspension of the case against Global Gold. 

Van Krikorian, together with their lawyer Ashot Khoghosyani Ghukasyni of Justice has set up a network to recruit the people and their officials to work from their family members. Instead obtained mineral licenses issued under suspicious circumstances.

I just now got underway in the financial flows to the GLI, the money goes to Mr. Ashot Boghossian ARAX CONSULTING consulting firm for private and RAKE spin. GGMe showed that Tukhmanuk mine has invested $ 11 million, 7 million plus to this is the GLI received in 2011. Korporeyt Resource Company, the joint venture in exchange for promises / this issue avelintesek industry /.

Global Gold illegal litsenghianeri main author Koryun Hakobyan, who held the post of Minister of Energy and Mineral Department of Natural Resources. It was in front of millions of dollars to get its actual RAKE Ltd. for geological services / it will be difficult to establish the link between documentary /.

Koryun Hakobyan was prepared by the same decision, according to which our company's mining license is revoked on September 28, 2010, based on which Van Krikorian led us out of the Marjan hakavayrits.

Convinced that V. Krikorian Marjan mine does not function as intended. His only goal was to get big money from me as possible. This same policy he carried out his other partners stands.

V. Krikorian makes use of the services of a lawyer Hrayr Ghukasyan, against koghts charges for the use of the media in shaping public opinion in the network. They also have extensive contacts with the Administrative Court of the United States deapanatane, the US State Department, the US Court of Arbitration.

Hrayr Ghukasyan has many connections in the legal environment, his father, John, Mr. President, Member of the Court of Cassation, the law enforcement, his wife, brothers and sisters, who are drawn to positions in law enforcement, including criminal division. V.Krikoryani and GGM_i for the common practice is to sue their employees and contractors talking. These fake documents prepared by Hrayr Ghukasyan, for which he should zrel right to a lawyer.

V. Krikorian said karoghem gone out of my personal experience, it is widely used by the CAA's political influence and the spread of private consultancy firm and Ashot Poghosyan ARAX CONSULTING RAKE SPneri on.

My study shows that V.Krikoryane and A. Poghosyan has two accounts. He showed different numbers of Armenia and MMN_um including mining. For more information, please visit: http://gbgd-armenia-mining.blogspot.com/2013/05/global-gold-corp-gbgd-overstates-mining.html

Recently I found out that Van Krikorian and Ashot Boghossian to do the same in a different Consolidated Resources Armenia (CRA) company to pick up their $ 7 million in unpaid salaries and taxes to pay for 2 years, and I V.Krikoryane. Poghosyan ohtagortsel the money ews their hayatsoghutyan not npatakayni, as it was stated in the contract. I apshats as Ashot Poghosyan can enjoy his millions unetsvatse knowing that his salary is not paid for years because of working people. I am convinced that the blame lies with a GGM_e Consolidated Resources Armenia (CRA) obligations default, the court will win and assimilate the money; This is their usual ashkhatanbkayin prakeika.

The State Revenue Committee of Armenia's Prosecutor General's Office, Armenian and other anti-corruption agencies should investigate Global Gold Mining, mego-Gold, Aras consultancy, RAKE CD, Mr. Van Krikorian, Mr. Ashot Poghosyan and Hrayr Ghukasyan and Koryun Hakobyan The activities shall put an end to this.

Hanganknerov,

Vasilios (Bill) Mavridis

Montreal, Quebec, Canada

514-813-9200

bill@mavridis.ca