Gecko 'Tuko' Million Peso Trade or Buy and Sell are Scam and Hoax

Just recently, rumors circulated about the million peso price on variety of Philippine gecko species or "Tuko". Ordinary citizens became curious about the truth behind this buying and selling trade.

Earlier reports said that the booming trade of geckos was due to its extraordinary health benefits. Some say that its gall bladders produce special enzymes that can cure different kinds of illnesses such as Acquired Immune Deficiency Syndrome (AIDS), Human Immunodeficiency Syndrome (HIV), Asthma and STDs.

The National Bureau of Investigation (NBI) and Department of Health (DOH) were already alarmed about this issues. According to their initial investigation, no one confirmed of buying and selling trade. NBI also added that there are possibilities that these are just online scam and hoax.

As of the day, various health personalities and organizations said that there are no scientific evidence yet regarding the miraculous heal of Philippine geckos ("Tuko") in different diseases.

Photo courtesy of Tristan Savatier

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Bankruptcy, as the end beginning

For those who has failed in business and consequently cannot settle payments on the debts, the law provides insolvency proceeding. Sense of this procedure in giving the chance to the debtor to recover ability to meet payments, well and if it it's impossible — to allocate fairly available assets between creditors. Skilful use of insolvency proceeding allows one to receive a respite and with honour to solve financial problems.

If not to go into detail — an insolvency proceeding essence it's possible to reduce to disposal of excessive debts. Thus the state acts only as the arbitrator. The main parties in the course of bankruptcy are the bankrupt and its creditors. In our country arbitration courts are engaged in bankruptcies.

Insolvency Psroceeding

By our legislation the initiator of bankruptcy can be both the creditor, and the future bankrupt which has realised impossibility to pay own credits. Thus, bankruptcy can be caused not only inability to pay off any debt (for example, a bank loan), but also impossibility to perform current payments — tax, rent, etc (Chapter 7).

If judges basically agree with necessity of bankruptcy the arbitration managing director interferes with process. At different stages of insolvency proceeding the post of this person can be called differently: the temporary manager, administrative or competitive managing director, but an essence from it does not change.

The arbitration managing director should secure the most complete satisfaction of requirements of creditors: or to recover ability to meet payments of debtor enterprise, having performed the rehabilitation plan, or to settle payments with creditors.

After calculations are finished, the bankrupt ceases the existence. And together with it cease existence and all its debts which it was not possible to pay. As a rule, this action will make a professional bankruptcy attorneys work out, thus will show obvious tears in the legislation, or will underline legal talent of the lawyer.

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New Design of Philippine Money released by BSP this 2010 - Bill Pictures

Bangko Sentral ng Pilipinas (BSP) released the new designs of the six denominations of Philippine money for 2010. The launching was led by Noynoy Aquino, President of the Philippines at the Malacanang Palace on Thursday, December 16, 2010.

The image of the former President Corazon Aquino together with his late husband,  Benigno "Ninoy" Aquino featured the new 500 peso bill. "It does make me happy, as a son and as a Filipino, to have my parents in the same bank note. It is a testament to what they sacrificed for our people, and a testament to their love for our country", Noynoy said in an interview.

Redesigned Philippine money are equipped with stronger security features to detect if it's fake or not.

As reported, the designs of the six Philippine denominations are as follows:

P20 Bill Design
In front of the 20 peso bill is Manuel L. Quezon. At the rear part are the Palm Civet from the Cordilleras and the Banaue Rice Terraces.

P50 Bill Design
In front was Sergio Osmenia while the Taal Lake and its rare Maliputo milky fish at the back.


P100 Bill Design
In front was Manuel Roxas while Mayon Volcano and the Butanding, the world's largest fish that can be found at Donsol Sorsogon were featured at the back.


P200 Bill Design
Featuring the new 200 bill design was Diosdado Macapagal while the Chocolate Hills of Bohol and the famous Tarsier were at its back.

P500 Bill Design
Corazon Aquino and Benigno Aquino Jr. were featured in the new 500 peso bill. At the rear part are Puerto Princesa Subterranean River National Park at Palawan and the blue-naped parrot that can be found at Mindoro and Palawan.

P1,000 Bill Design
Fronting the bill are Josefa Llanes Escoda, Vicente Lim and Jose Abad Santos while at its back are the Tubbataha Reef Marine Park and South Sea Pearl.

According to reports, part of the security measures for the new denominations are serial numbers, security fibers, threads, see-through mark, embossed prints and the like.

Image credit: gmanews.tv

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Cydcor — the leader and the philanthropist

Cydcor is established as an independent company in 1994, Cydcor growth is conducted under the leadership of President Jim Majeski and Chief Executive Officer Gary Polson. This growth has been substantial, and Cydcor ability to profitable joint ventures to establish, to deliver measurable results through significant market share increase from Cydcor customers and a variable cost model.

Cydcor is named among the «Best Places to Work» by the San Fernando Valley Business Journal for the second year in a row and ranked №14 for area mid-sized companies. It serves the people bringing the voice of a strong commitment to workplace excellence as the leading provider of outsourced, face-to-face sales teams.

Cydcor donates gift boxes to US Army

Face-to-face sales firm Cydcor announced that is has donated 28 boxes of items to U.S. soldiers through Any Soldier, a philanthropy group that helps American armed service members receive packages and letters from home.

Members of the Cydcor Community helped fill the boxes at the company’s Westlake Village, California headquarters, and Any Soldier mailed them off to soldiers serving in the field, along with special letters from loved ones.

«Our troops are making sacrifices for all of us and we felt it was very important to help them as much as we could,» — said Gary Polson (chief executive).

Cydcor has donated time and resources to a number of area philanthropy groups in recent years, including the Children’s Hospital in Los Angeles and Casa Pacifica in Camarillo, California. More than 220 company sales representatives have donated more than 220 hours to 16 organizations to date.

Participation in a life of the US soldiers

«We’re proud to have had the opportunity to make a difference in the lives of these soldiers,» — said Vera Quinn (vice president of operations).

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Business cards for your business

The card is the first on what partners and clients look at acquaintance to the representative of the company. For this reason manufacturing of cards should be carried out by professionals, and the design of cards is obliged to be harmonious and modern. Possibilities of modern digital printing of cards allow to make representation production in deadlines.

Business cards is your reputation

Printing of business cards — one of the most offered services in the market of operative polygraphy. Practically each small printing house, each print-salon include manufacturing of cards in the list of the services. Cards are that production without which any company does not manage.

The corporate style of any enterprise includes business cards. And where as not at manufacturing of business cards to clear up imaginations in a scope of various grades and kinds of papers. Printing of business cards widespread enough service among printing houses.

Online printing of business cards

Company «PsPrint» offers services in design and printing of business cards: experts of the company are ready to develop both unilateral, and the bilateral card and also to apply non-standard decisions on manufacturing of cards. As well as any production of company «PsPrint», business cards can be ordered through the Internet, that considerably will save your time.

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Promissory note Porsche makes 14 billion euro

The debts of German motor-car manufacturer Porsche against creditors at present make 14 billion euro, instead of 10 billion as it was informed earlier. According to Reuters referring to German newspaper Bild.

The promissory note has appeared at Porsche after the manufacturer of sports cars in March of this year took the credit from 15 banks for buying up of actives of concern Volkswagen. As a result, company Porsche has finished the in VW to 50,76 percent, however to start process of absorption and could not because of so-called "the Folk Svagenovsky law" which the Bottom Saxony (owns only 20 percent VW) allows the earth authorities to impose the veto on any decisions of shareholders of autoconcern.

Now concern Volkswagen has brought the counter offer on absorption: VW has offered for company Porsche of eight billions euro which will help a concern management to pay off with creditors. Predictably, the definitive decision on the given question will be known on July, 23rd, at supervisory board Porsche meeting.

If this decision is positive, transfer of stock by two "tranches" — on 50 percent for time.

Thus, Porsche becomes the tenth mark of concern VW.

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