This is an archive of past discussions about SkyWay Group. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page.
It would be obviously better to use images of the deconstructed test-site in Ozyery (Moscow) or from the EchoTechnoPark in Belarus but reliable sources of either of these places is lacking. It would be possible, however, to include an image from a reliable source. I found two images in an Australian article that could be considered:
image 1
Problem with this image is that although it is fake, it actually looks real. We know it is fake because SkyWay has never actually implemented its technology in a real place above the ground. This is photo from the Australian SkyWay promotor Rod Hook.
image 2
Perhaps this image is better because it is obviously computer-generated. There may be problems with this because although it is used on a reputable and well-known Australian news sender, it's still SkyWay publicity photo. Maybe the accompanying text could say something like 'computer-generated image promoting SkyWay technology'.
These are to date the best images I've found in the references that are actually referred to in the articles. Any proposals would be appreciated. -Zachar Laskewicz (talk) 22:21, 21 March 2019 (UTC)
This image is from the article in Slovenian. It is also interesting. It includes an image of the ring leaders of the SkyWay Group (Yunitskiy - bottom left), a computer-generated image of the technology (top right) and an image from a SkyWay Group promotional meeting (bottom right). It is sourced to the writer of the Slovenian article, Matic Tomšič:
image 3
Problems with this image could be that although the photo top left is almost certainly Kudryashov (a ring leader connected in multiple verifiable sources to SkyWay Capital) the article that uses this photo doesn't actually refer specifically to him straight away. It does directly name Yunitskiy and refers to this photo, and the only other person it discusses further on in the article is Kudryashov.
This image is from the InnoTrans technology fair in Berlin 2018. See the original site here: Although it is promotional material, at least it is clearly exactly what it proposes as it was actually viewed as merely a stall at an exhibition. It doesn't either judge the technology or mislead by presenting an illusion. Although it is SkyWay promotion, this article is about the company; it is also no more than it suggests. It is actually what they presented at a technology fair.
image 4
The obvious problem is that this is a static presentation of the technology. But it is, nonetheless, a real presentation at an internationally recognized event. Maybe an accompanying text could suggest "static model presented at the InnoTrans 2018 exhibition in Berlin by the SkyWay Group of its technology".
This image is from the SITCE international transport exhibition in Singapore 2018. You can view the original site here. . It does look like the EcoTechnoPark in Belarus. You can see one of the other tracks in the background (there are apparently 3).
image 5
The possible advantages of this photo are that it could be of the Belarus site but this could propose problems too: it doesn't really actually say where the image is from on the original site.
Wherever this photo has been taken it clearly shows the model in move. The images from [101] look to be real and taken by independent publication. But there are more actual 227, 228, 229, 230, I think the editors won’t object. However it’s better to request them --George Marshal (talk) 14:18, 18 May 2019 (UTC).
Images 4 and 5 look good but I don't know too much about Wikipedia policy about images. These designs are patented and photos are probably copyrighted. By the way there was an image in "String Transpor" version of this article. Maybe it is better just revert it.Dron007 (talk) 05:55, 22 March 2019 (UTC)
@Dron007:The last time there were images was on this page from 16 February: There was an unverified propaganda film with orchestral music of the Belarusian test site. This was removed for obvious reasons. The photo of the Ozyory site may have been removed because there were no verifiable sources for this test-site. I've made repeated attempts to find new verifiable references to this place to no avail. But they still use this image of the test site on the Norwegian page. I even asked them what their source was for this image and their information about the politician Lebed who provided the funding for this site. No one has replied yet. I think the best of the images I suggest is the one from the InnoTrans 2018 public transport exhibition. We just need policy information from someone who knows about these issues. Would we need permission to use it? Would we have to upload it first to commons and then use it? Advice on this from anyone appreciated. –Zachar Laskewicz (talk) 16:20, 22 March 2019 (UTC)
@Zaxander: I see now. I thought there was a small image and that was a video preview. Dron007 (talk) 17:43, 22 March 2019 (UTC)
@Dron007:You're right, though. I checked the guidelines. These images are unusable because someone else could have the copyright to them AND they are of a patented product. You can refer to them on the talk page, however. Maybe we could use one of them if someone can get permission from the copyright owner (and SkyWay). The image uploaded to commons of the site in Ozyory is a Wikipedia image so we can use that one again if we can find a verifiable reference to this site. That shouldn't be too hard? If anyone has their own photo of one of the SkyWay vehicles or the stalls at the exhibition we may be able to use it if you upload it to commons. –Zachar Laskewicz (talk) 16:54, 23 March 2019 (UTC)
We can also use one of the photos from the Onliner.by or tut.by websites after getting permission from the photographer. Photos that are taken in a place which the public has access to can be considered under 'fair use' policy. I think no one wants to talk about the Ozyory site because they didn't actually build any cars for the track; they put a truck on it. It was just a site for testing of the tracks, and explains why this is all you can see in the Wikipedia photo. Here's an image of the truck:
–Zachar Laskewicz (talk) 17:17, 23 March 2019 (UTC)
If we can get permission from the writer of the TUT.BY article, we could use conceivable use this image:
image 6
Considering the 'fair use' guidelines and the fact that this is an independent image taken in a public place, if we have permission this image could be uploaded to commons and included as an illustration for the 'EcoTechnoPark' test-site. This is the actual website where there are a lot of good images:
I see no point in using the old photo of 2001 from the test site in the Ozyory. First, this photo refers to the technology, not to the company (in 2001 there was no SkyWay group). Secondly, if only this old photo is added, it will create the wrong impression among the readers of the article about the state of SkyWay technology for today. So I think we need to find a suitable photo from Innotrans 2018.Andrew-Postelniak (talk) 10:09, 24 March 2019 (UTC)
@Andrew-Postelniak:I like the photo from InnoTrans as well. I think the photo I used was actually taken by a Hungarian blogger (I found it there as well) or at least a photo similar to the one from the SkyWay website I showed above. We can use it if we have his permission. I'm waiting for permission from the TUT.BY Belarusian newsfeed for the EcoTechnoPark. There are no longer restrictions on the patent, it seems, so permission from the photographer is enough. I think if we can upload these two recent photos, we could include them in the 'testing' and 'marketing' sections. –Zachar Laskewicz (talk) 10:31, 24 March 2019 (UTC)
@Andrew-Postelniak:This is the image: This is the page of the Hungarian blogger Horvath Gergely: . I sent a mail to him to request his permission to upload this image to Wikipedia commons which we can then use with a text like "The SkyWay Unibus displayed at the InnoTrans exhibition in Berlin in 2018".–Zachar Laskewicz (talk) 11:06, 24 March 2019 (UTC)
SKYWAY PATENTS ARE NO LONGER VALID - Apparently the patents placed by Yunitskiy in Europe are no longer valid, so we have no restriction on using patented images. Here's the translation of an article in German about what has happened to Yunitskiy's 'SkyWay' patents: "The European Patent Office espacenet.com has 14 patents filed by Anatoly Yunitsky filed between 1996 and 2013. Unfortunately, these important patents are invalid because Anataloy Yunitsky has failed to pay the main fees or renewal fees. The request to settle the fees are partly already several years back. But if we assume that the patents are part of the company's assets and the investors are shareholders in the company, much of the company's assets are currently unsecured and any savvy businessman can take advantage of them.
Again the same link to a wordpress blog that even cannot be opened. Please stop the WP:OR. BTW there is huge list of scientific publications and reliable proves http://yunitskiy.com/author/press.htm of the technology substantiality that should be mentioned next to the blaming only selection. They are really worth to dig deeply in and completely reedit the inappropriate troll contribution.--George Marshal (talk) 14:18, 18 May 2019 (UTC)
The Burrenblog link to the questioning of the Yunitskiy/SkyWay patent still opens fine for me. You can evaluate his contribution in your language of choice in the menu on the top-right of the page. Please provide an actual link to a verifiable source that describes this technology that is not by Yunitskiy himself. A single link to an actual reference is better than a thousand published by Yunitskiy who is obviously not a non-biased third party in all affairs relating to this company or the technology it promotes. If you think that trolls have influenced a single sentence in the article, you should tell us exactly what it is you disagree with. If the link to this article doesn't work, then just open the burrenblog homepage and type in 'SkyWay': you'll get a list of all the articles Arthur Van Burren has published about SkyWay. The Burrenblog articles now have an individual entry in the criticism heading. If you disagree with the contents of any of the articles you can bring your concerns up here. You'll also find individual links to each of these articles with a summary of their contents.Zachar (talk) 20:23, 18 May 2019 (UTC)
@Zaxander: Firstly, the link you specified does not work (I cannot open it). Secondly, you confuse Yunitsky's patents and the patents of the SkyWay group of companies. The group of companies was established in 2013, and therefore it is obvious that it could not own any patents until 2013. In 2013, Yunitsky transferred all his intellectual property to this group of companies (he is the main owner). So now all patents are issued for a company from the group (depending on what is patented). And I also think that it is necessary to very carefully verify information of this kind, which can cause significant damage to the company's reputation, before making such statements that are not true.Andrew-Postelniak (talk) 13:07, 24 March 2019 (UTC)
@Andrew-Postelniak:I just communicated the information I found in the German article. It includes copies of the patents which it says are no longer valid. The German title for this article is "Skyway Patente obsolet – Patentgebühren oder Verlängerungsgebühren nicht bezahlt – Patente nicht gültig". You can find it on the Burrenblog which you can view here: . You can type 'skyway' into the search field and all the SkyWay articles will appear. The intention was not to blacklist the company but to say that we apparently would be able to use images which displayed the patents because they were no longer valid. If you are correct then we may have difficulty using the InnoTrans photo I requested from the Hungarian Blogger. I just posted the translation; I didn't make these claims about the company. I'm enthusiastic to use the image of the trade fair but it has to be patent-free, it has to be of a public event and we have to have permission from the company. –Zachar Laskewicz (talk) 13:26, 24 March 2019 (UTC)
@Zaxander: I think we can use this image in the article. The same image is also used in this article , so probably there is no copyright on it. Their website also states that images cannot be used for commercial purposes but can be used "for the purposes of private study, research, criticism or review". Andrew-Postelniak (talk) 13:42, 24 March 2019 (UTC)
@Andrew-Postelniak:I got email permission from the Hungarian blogger to upload this image. I uploaded it to Wikipedia commons and I will include it in the marketing section. If there are problems people can always remove it but it's better to have an updated image than one that is outdated.
@Zaxander: No, maybe some patents are not longer valid but still they have new patents for design of their vehicles. I don't think it means that we are not allowed to use any photos though.Dron007 (talk) 05:21, 26 March 2019 (UTC)
Wikimedia Commons shows warning for the images that were uploaded. If you are claiming fair use for any of these images, they would need to be uploaded on Wikipedia as Wikimedia Commons only accepts free images. --CNMall41 (talk) 02:26, 25 March 2019 (UTC)
I sent the permission I received from the photographer to Wikimedia commons permission for the SkyWay InnoTrans Berlin photo. But even if they finally give permission, I'm perfectly happy with the new one; thanks for whoever found and/or uploaded this image. –Zachar Laskewicz (talk) 13:39, 25 March 2019 (UTC)
@Zaxander: I see that the photo of high-speed unibus has already been deleted by an administrator because the permission received by OTRS agents has been written incorrectly. Please note that the author of this photo has to provide a permission not for usage on Wikipedia/Commons, but declare a free license for his photo which allows anyone to reuse it for any purpose, including commercial purposes and creation of derivative works (see Commons:Licensing). For example, the Creative Commons Attribution 4.0 license is allowed here, but licenses with tags -NC and -ND aren't. You should ask him to add license information on his website on the same page where this photo is used, or send an e-mail with license declaration to OTRS himself (see e-mail templates). Also, there is no permission for another photo from tut.by. I doubt that this news agency would allow you to use their photo under the Creative Commons Attribution License, because their terms of use declare that you should not remove TUT.BY watermark from a picture. This term violates a principle of free modification and creation of derivative works, so this photo is not acceptable on Wiki without a special CC-BY permission from a photographer. 2A00:1FA0:4692:6076:35AC:A987:ADF4:6D05 (talk) 22:17, 25 March 2019 (UTC)
Please note: I got advice from Wikipedia commons on how to get permission for uploading the InnoTrans 2018 trade fair image but while I was requesting this information someone else posted another photo of the same event. I requested after that they delete the photo because the blogger who had given me permission to use it in Hungary started advising me to invest lots of money in SkyWay through him and I decided it would be too risky to send the special request form to him.
I've revieved image sources of files that have already been uploaded on Commons and noticed that you can take necessary images from the official SkyWay YouTube channel. Most of their videos are licensed under Creative Commons Attribution 4.0 License, which is fully acceptable on Wikipedia and Commons. It has a lot of videos from EcoTechnoPark and exhibitions, where you can make screenshots of rolling stock and test tracks and upload them to Commons. For example, here you can take a screenshot of a high-speed unibus U4-362, and there you can make photos of rail vehicles in technopark: , , , , . You can find more of them if you search on this channel. Also, you can already use File:U4-621_test_ride_in_Marjina_Horka.webm which shows a prototype pod in motion. This video is licensed under CC-BY 4.0 and music is in a public domain. Also it doesn't contain any advertising or doubtful content like promotional or doubtful texts or speeches, so I don't see any problem with usage of this video in this article. 2A00:1FA0:4692:6076:35AC:A987:ADF4:6D05 (talk) 22:17, 25 March 2019 (UTC)
This is great advice. I think it would be misleading to include a film with orchestral music but there is nothing to stop us using a screenshot if what you say about the copyright here is true. The problem with using a film for the EcoTechnoPark is that it gives the impression that this place has received more coverage in the media than it actually has. I've been searching for months and I haven't been able to find any international anecdotal postings about this place let alone third-party scientific endorsement. There has been a recent translation of the onliner.by article in German, and I'm checking previous translations of this and the tut.by articles to collect published facts on the EcoTechnoPark. I'm currently working on trying to draft a couple of new sentences to extend the description of the EcoTechnoPark based on these verifiable references. After I've finished this and there is a workable text, I can try to tackled the problem of an image. Anyone else is welcome to try to post an image in the meantime but please don't post a film which has been downloaded from the SkyWay website then uploaded to commons even if you are allowed to do it. –Zachar Laskewicz (talk) 00:20, 26 March 2019 (UTC)
I uploaded five screenshots from the Wikipedia commons SkyWay film File:U4-621_test_ride_in_Marjina_Horka.webm. I propose we use this one after the EcoTechnoPark text has been updated: File:SkyWay vehicle U4-621 tested at EcoTechnoPark in Belarus 1.jpgUnibus prototype U4-621 on a test ride on one of the tracks at the EcoTechnoPark in Marjina Horka, Belarus –Zachar Laskewicz (talk) 13:55, 26 March 2019 (UTC)
I uploaded 5 photos as recommended above by taking screenshots from the Wikipedia commons film. These photos, however, were recently removed. I don't know why. The original source was certainly mentioned and they were included for awhile as part of the Wikipedia commons images now viewable with a recent link from the SkyWay Group article page. I still have these screenshots, however, so if anyone wants to have an image of the EcoTechnoPark prototypes, please advise me how to do it correctly and I could always try again. Please don't place the SkyWay film as it is misleading and has inappropriate orchestral background music; if readers really want to see it they can view the film already uploaded to commons and now connected with a link to the SkyWay Group site.–Zachar Laskewicz (talk) 15:04, 29 March 2019 (UTC)
@Kmarinas86:These are great photos - thanks for posting them! Do you want us to chose one of them or do you really think we need two here? Thanks again for these new photos. -Zachar Laskewicz (talk) 10:53, 31 March 2019 (UTC)
Taken together, the pictures include all the "completed" tracks. If it were even possible to include all tracks in one picture while still being easy to see, then I would have had no problem just having one picture for it. talk2siNkarma86—Expert Sectioneer of Wikipedia 11:05, 31 March 2019 (UTC)
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New video regarding SkyWay Group
SkyWay uploaded a video regarding their company structure, division of responsibilities, methods, and clarification of activities at http://rsw-systems.com/news/skyway-economy
(Note: For use by editors though not in the article itself per Wikipedia guidelines) talk2siNkarma86—Expert Sectioneer of Wikipedia 17:46, 15 March 2019 (UTC)
The primary function of this film is to claim that the SkyWay Group is not a Ponzi scheme. It describes how shell companies within the SkyGroup redistribute investment funds. It includes futuristic music, computer-generated animdations and flow charts cross-edited with films of the InnoTrans exhibition as well as the EcoTechnoPark in Belarus and the governmental summit in Dubai. It explains the offshore location of these companies in tax havens like the British Virgin Islands is to "save funds". This and other more irregular aspects of their financing are explained as being typical of all large Belarusian and international franchises like Wargaming and MacDonalds. It describes in great detail about how the company uses crowdfunding and multi-level marketing to fund their projects and suggests that this is typical of all companies in some stage of their history. They unsurprisingly come to the conclusion that the SkyWay Group is not a Ponzi scheme. This is actually a sleek and well-edited promotional film. –Zachar Laskewicz (talk) 23:53, 2 April 2019 (UTC)
@Zachar Laskewicz: Such reaction is classic trolling and harassment. The film contains no advertising, call t action, offer, promise or any other promotional trick. There is detailed clear explanation of structure of the group, investment scheme, attraction, raise, use and even total amounts of investments, report on what has already been developed, built, acquired. Being published on SkyWay website it can be considered as official announcement of the company --George Marshal (talk) 09:47, 18 May 2019 (UTC)
Yes, being published on the SkyWay website it can be considered a promotional film that doesn't actually prove anything about the technology or the company, and a YouTube film is unverifiable in and of itself. I went to the trouble of looking at this film and describing its contents so that other people wouldn't have to and I gave an honest summary of its contents, but anyone is welcome to view it themselves and make up their own mind about it. I certainly didn't suggest that there was trickery involved and I conceded that it was well-edited. If you think I missed something out in my summary, you are welcome to add to this discussion below. But if you do decide to view this film yourself, you can't consider this a 'clear explanation of structure of the company' since it was created by network marketers who are presenting a biased view to get people to invest in shell companies registered in BVI and Saint Lucia. Zachar (talk) 20:53, 18 May 2019 (UTC)
Film title: IS SKYWAY A PONZI SCHEME? The opening lines of the film are: "Is SkyWay a pyramid or not?" You're left wondering why they would make a film with such a title that directly implicates them as being involved in an investment scam. Probably because a sufficient amount of people are making these accusations and questioning why they have so many shell companies in offshore tax havens. Many verified references suggest that this company does redistribute the funds of investors who are encouraged and financially rewarded for attracting other people to invest but these accusations are presently absent in the article. No one actually calls it a Ponzi scheme here. Zachar (talk) 21:26, 18 May 2019 (UTC)
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SkyWay at trade shows and technology fairs
Summarize
Perspective
Include below information about all trade fairs where actual SkyWay technology had a stall of formally presented physical examples of vehicles. Information about the test site in Ozery, Moscow can be included in the already existing sub-heading above. Include below information about the 'Innotrans' trade fair or the Governmental summit in the UAE. Apparently there was also a presentation at a university in Indonesia. In the article in the future we should probably create a new heading for 'Technology proposals' or something similar. Please only include verifiable third-party assessments and not releases from either SkyWay or advertising from the trade fairs because we can't use them. You can just tell us when and where these events happened if you don't have the verifiable references. We want to know about them but extraneous links to them we can't use aren't really necessary. The individual entries below include the official EVENT title, WHEN the event was held, WHERE it was held and afterwards a description of WHAT actually took place with third-party assessments if you have found any.
-Zachar Laskewicz (talk) 21:37, 7 March 2019 (UTC)
InnoTrans 2016
EVENT: Innotrans 2016
WHEN - September 20-September 23
WHERE -Berlin Messe, Germany
WHAT - "SkyWay from Belarus is conducting research into innovative travelways. It is focusing on raised carriageways made of pre-stressed concrete, from which mass transit passenger cabins would be suspended, enabling trains to travel at similar speeds to those of aircraft... InnoTrans is the world’s leading trade fair for rail transport technology and takes place every two years in Berlin."
WHAT - "SkyWay String transport was widely discussed among transport specialists after the Smart Cities Expo in Delhi recently, where Yunitskiy made a presentation..."
WHAT - "His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, accompanied by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, reviewed two models of the Sky Pods, a mobility system being tested by the @RTA_Dubai in conjunction with Skyway Greentech Co."
The CONSOB Warning Translation (February 2018) – Pre-IPO shares & CLNs
Summarize
Perspective
As of today the SkyWay Group is still selling 'pre-IPO' shares. See their website here for information about sale of this investment product: . This is what they have so say about it:
IT IS ENVISAGED THAT THE SKYWAY EXCHANGE VALUE OF PRE-IPO EQUITY SHARES WILL EVENTUATE TO SHARES AT ONE TO ONE WHEN FIRST LISTED ON THE U.K. STOCK EXCHANGE AND WILL POSSIBLY BE VALUED AT A MINIMUM OF 1 U.K. POUND PER IPO SHARE
Please note this warning from the U.S. Securities and Exchange commission viewable here:
"PRE-IPO investing involves buying a stake in a company before the company makes its initial public offering of securities. Many companies and stock promoters entice investors by promising an opportunity to make high returns by investing in a start-up enterprise at the ground floor level... But investing at the pre-IPO stage can involve significant risk for investors. And pre-IPO offerings targeted at the general public... are often fraudulent and illegal... Any company that wants to offer or sell securities to the public must either register the transaction with the SEC or meet an exemption. Otherwise the offering is illegal, and you may lose every penny you invest."
The investment products SkyWay is selling have not been registered anywhere with any officially recognized financial organization in any country. The pre-IPO securities offered by SkyWay are therefore illegal.
CONSOB, the Italian financial regulatory agency, refers to them as "gift certificates" but they are also known as 'convertible loan notes' or CLNs. It is a form of equity where investors are encouraged to 'lend' the company money by selling them these 'loan notes'. Because they can't offer shares to the public seeing that the company is not registered at any stock exchange, they tell the public that they can offer a 'pre-IPO shares' in the form of these gift certificates, promissory notes or CLNs which can be 'converted' after the company has "gone public" into real shares. They offer these 'virtual' shares at a discount and they base the value of these shares on the imagined sum of their intellectual property which they say is worth more four hundred billion dollars. CONSOB actually banned the advertisement and sale of this investment product in February 2018 because they were selling these gift certificates as if they were 'Education Investment Packages' which it marketed as 'EIPS' "without a shred of information". Here follows a translation of this warning, the original being viewable here :
More information Translation of CONSOB SkyWay Warning - Resolution no. 20291 - February 2018 ...
Translation of CONSOB SkyWay Warning - Resolution no. 20291 - February 2018
Prohibition, pursuant to art. 101, paragraph 4, lett. c), of d. lgs. n. 58/1998, advertising activity carried out through the website www.lucastefanelli.net concerning the public offering of shares of Skyway Invest Group
GIVEN the law n. 216 of 7 June 1974 and subsequent amendments and additions;
GIVEN the legislative decree n. 58 of 24 February 1998 and subsequent amendments and additions ("Tuf");
RECOGNIZED that, following the supervisory activity carried out by Consob, evidence was acquired that the company RSW Investment Group Ltd., operating under the trade name of Sky Way Invest Group and having its registered office in the British Virgin Islands, offers the users of their own website (www.skywayinvestgroup.com) the possibility of registering for a paid "investment training courses", receiving, against this registration, "gift certificates" that would give them the right to receive shares of the Euroasian company Rail Skyway Systems Ltd., on the occasion of its future IPO;
CONSIDERED that the real object of the offer is constituted by the shares and not by the training courses on investments;
NOTED that on the site www.skywayinvestgroup.com Sky Way Invest Group also promotes a network marketing program, defined as "an excellent opportunity to make an additional source of income", which provides for the recognition of commissions ranging between 1% and 15% in favor of those who induce other subjects to join the initiative;
CONSIDERED that the company First SkyWay Invest Group Ltd., operating under the trade name of Skyway Capital and having its registered office in the British Virgin Islands, offers users of its website (www.skyway.capital) the possibility of purchasing shares in the Skyway company Capital Company, which, according to the aforementioned website, would guarantee, against an investment of 100 USD, a profit of 3,000 USD over a three-year period;
NOTED that the related initiatives are also promoted through the site www.lucastefanelli.net, apparently attributable to Mr. Luca Stefanelli;
NOTING, in particular, that on the site www.lucastefanelli.net the essential elements of the investment offered by Sky Way Invest Group are described and, specifically, the minimum amount to be paid for the purchase of shares ("very entry threshold low starting from 250 USD ") and the associated return prospects (" By purchasing a training package you get the company shares at a discounted price that is up to 500 times less than their nominal value. entry into the global transport market will result in capitalization close to 1000% or more ");and its address are not indicated, but only an e-mail address and a telephone number that was not active;
CONSIDERED, therefore, that the purchase of shares is promoted by Sky Way Invest Group, through the participants in its network marketing program, in standardized and uniform terms, thus placing the public of savers in a position to decide whether to buy them or not , thereby integrating the requirements of a public offering of financial products defined in art. 1, paragraph 1, lett. t), of the Consolidated Law on Finance as "any communication addressed to persons, in any form and by any means, who present sufficient information on the conditions of the offer and the financial products offered so as to place an investor able to decide to purchase or subscribe for such financial products, including placement through authorized parties ";
NOTING that within the site www.lucastefanelli.net the investment proposed by Sky Way Invest Group is presented in clearly acclaimed terms as a "very profitable opportunity" and with expressions such as to prompt a quick decision by the investor (" the sooner you become a partner of Sky Way, the better it will be for you ");
CONSIDERED, therefore, that Mr. Luca Stefanelli, through the site www.lucastefanelli.net, carries out advertising activities aimed at promoting adherence to the public offer promoted by Sky Way Invest Group;
NOTING, moreover, that the advertising activity is aimed at the public resident in Italy, as the contents of the site created by Mr. Luca Stefanelli are available exclusively in Italian;
RECOGNIZED that, in relation to the described offer, the related prospectus has not been published;
WHEREAS the art. 101 of the Consolidated Law on Finance establishes, in paragraph 1, that: "The documentation relating to any type of advertising concerning an offer is sent to Consob simultaneously with its dissemination" and, in paragraph 3, that: "The advertising is carried out according to the established criteria by Consob with regulation in accordance with the Community provisions and, in any case, having regard to the correctness of the information and its consistency with that contained in the prospectus, if it has already been published, or with that which must appear in the prospectus to be published ";
RECOGNIZED that in relation to this advertising activity no documentation has been sent to Consob, nor does it appear to have been performed in compliance with what established by Consob in its Issuer Regulation;
GIVEN the Resolution n. 20274 of 24 January 2018, with which CONSOB pursuant to art. 101, paragraph 4, lett. a) del Tuf has adopted the provision of precautionary suspension, for a period of ten days, of the advertising activity carried out through the website www.lucastefanelli.net concerning the offer to the public resident in Italy of shares of Sky Way Invest Group;
WHEREAS the addressee of the provision has not sent his observations regarding the facts underlying the suspension provision;
CONSIDERED, therefore, that in the light of the results of the investigations reported above and in the absence of evidence such as to lead to a different configuration with respect to that represented in the aforementioned suspension provision, the factual and legal circumstances found within the same shall be deemed to be established;
CONSIDERED, therefore, ascertained - according to the methods described above, detected on the occasion of the adoption of the aforementioned suspension order - the carrying out of an advertising activity related to the public offering of financial products sub species of "financial instrument" in violation to the aforementioned legislation;
GIVEN the art. 101, paragraph 4, lett. c), of the Consolidated Law on Finance, on the basis of which Consob may "prohibit the further distribution of the advertisement, in the event of ascertained violation of the provisions or rules indicated in letters a) or b)";
R E S O L U T I O N:
Advertising activity carried out by Mr. Luca Stefanelli towards the public resident in Italy through the website www.lucastefanelli.net concerning the offer to the public resident in Italy of Sky Way Invest Group shares.
This resolution will be made known to the interested party and published in the Consob Bulletin.
An appeal to the Lazio Regional Administrative Court is allowed against this provision within 60 days from the date of communication.
7 February 2018
THE VICAR PRESIDENT
Anna Genovese
Close
Convertible Loan Notes however are regulated and require registration by financial regulatory agencies. No single SkyWay Group company has published the required prospectus allowing them to negotiate CLNs with the general public which suggests the SkyWay Group are committing financial fraud when they "sell" these unregistered securities to the general public. From their website viewed 22 May 2019, they are still doing this.
In light of this information and awaiting advice from other users, the following text on this subject could be added to the 'marketing' heading. Please feel free to edit the text yourself or add any suggestions you may have under the text.
The SkyWay Group are still selling pre-IPO investment products in the form of convertible bonds. According to the U.S. Securities and Exchange Commission pre-IPO offerings targeted at the general public "are often fraudulent and illegal" and any company that wants to sell securities to the public has to register.[SEC reference] No SkyWay Group company, however, has published the prospectus necessary to legally sell securities like these on the open market.
Multi-level marketing, also called pyramid or network marketing, is not illegal and claims are made all over the internet about SkyWay being a unique MLM investment opportunity. But this is only what companies in the SkyWay Group claim to encourage investment: how much of it is actually true? They also claim that the ‘Cryptocurrencies’ they are selling will earn them monthly dividends, i.e. it ascribes to buzz words characteristics that it does not have. I will argue that this is also true of any claims about association between MLM and SkyWay investment products. They are using the term MLM to refer to their own activities because it is legal but they are doing this to surround themselves with an aura of legitimacy. In fact, the SkyWay Group’s marketing is a type of Ponzi – a pyramid scheme which involves the redistribution of wealth to affiliate investors roped in to participate by those higher on the pyramid who have a vested interest in getting others to part with their money.
According to Wikipedia MLM companies derive their income from a non-salaried workforce selling the company’s products whereas earnings of the participants are derived from a pyramid-shaped commission. In other words, a company encourages salesmen to buy their products in bulk to start their own businesses. In addition to sale of the products these salespeople are rewarded financially for encouraging others to become sales people under them, hence the pyramid associations. Herbalife and Amway are typical examples of this with a controversial history where less-informed participants are encouraged at motivated sales and recruitment meetings to invest in starter packages to sell to friends and family. But SkyWay does not have a ‘product’ and therefore it cannot really be called an MLM company.
Anatoly Yunitskiy, however, is using plausible deniability to distance himself from the financial practices he has delegated to others. He encourages gullible governments by presenting his technology at exhibitions and sales fairs. After he has awoken interest in his projects through promises of free feasibility studies (see Dharamshala project) for projects and unique research opportunities (see the UGM MoU in Indonesia) that will not cost them anything, he gets government and institutions to sign investment agreements and MoUs which are not actually contracts that oblige no one to do anything. They take lots of photos and use this to help their canvassing network worldwide. They also get locals to invest in the project. People invest in his company and unwittingly end up sending money to offshore locations. Yunitskiy’s companies collect the money; they pay Yunitskiy and the other people at the top of the pyramid a hefty wage; these executives travel around the world and stay at five-class hotels attending recruitment meetings and giving sales lectures. Members of the public create problems when they complain to regulatory agencies who in turn release warnings, but the pattern is clear: immediately on signs of regulatory warnings, the mother company freezes the activity of its affiliates and they move to the next destination where the same process occurs again. They keep the money, and move their operations somewhere else. This pattern has repeated itself in Lithuania, India, Indonesia and Italy. But Yunitskiy himself distances himself from the funding which he himself initiated and directs from the central location in Belarus by making claims like the following:
”Me? I just make flying choo-choo. If someone scam using company name and happen to give me money, is not my problem.”
Regulatory agencies have warned the public that that SkyWay could be a scam and that it has the characteristics of a pyramid scheme. They don’t actually accuse the company of being an MLM company. Confusing the activities of SkyWay with an MLM company is just misleading as they have no product. I have found no proof that SkyWay has registered the securities it is selling. And to repeat it here: CLNs, gift certificates and promissory loan notes are all registered securities that require the company to have a prospectus registered with the financial regulatory agency in the country in which the company is selling its investment products. The evidence is clear: SkyWay is illegally selling investment products as part of an elaborate financial pyramid scheme where investors are rewarded for roping in other investors. They have not registered anywhere to sell these investment products and are therefore committing financial fraud. They may use some of these funds for an uncertified demonstration park in Belarus but this is all part of the scam to provide the project with an aura of legitimacy.
We should call a spade a spade: include SkyWay as a pyramid scheme: a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. The activities of the SkyWay Group certainly has a lot more in common with a pyramid scheme than it does multi-level marketing. What do you think? Please post any verified references you find proving or suggesting alternatives to this suggestion below.
Zachar (talk) 10:14, 26 May 2019 (UTC)Zachar (talk) 10:41, 26 May 2019 (UTC)
MLMs are inherently inefficient compared to conventional retail due to serious overhead costs (i.e. too many people "running" the business). Thus the products they sell have to be hyped in such a way that lower cost alternatives are downplayed. Most products marketed as "exclusive" in MLM aren't that special, even the patented products which they often tout.
That people are getting kickbacks for marketing products isn't the problem. There are many affiliate programs out there that compensate people for attracting business, and while most forms of compensation are not multilevel, the compensation can increase the more people are encouraged to join. With MLMs however, the compensation tends to grow geometrically with the addition of recruits. Therefore, a person who recruits twice as many people is likely to make more than twice the money. This type of compensation does not promise a rate of return on a deposit. When revenue declines, the MLM can make adjustments reducing the compensation. However, if they reduce the compensation too much, they may significantly affect their ability to retain customers, reducing revenue even more. It may lead to downward spiral which may bankrupt the MLM. One way the MLMs "save" money is by off-loading some expenses, especially inventory expenses. This delays the moment that they become bankrupt. They do so at the expense of their customers, who pay the cost externality of the product.
Nowadays it is possible in some MLMs for "distributors" to avoid having to physically handle inventory by referring their downline to an MLM-owned online shopping website where they can shop for goods with markups set by the recruiter (Note: Amway does this now).
A Ponzi Scheme also promises AND pays out geometrically increasing returns, however what it lacks is flexibility in setting lower compensation (i.e. less flexible than an MLM) and/or a value proposition (where often the "value proposition" is simply a promised return on investment). It also sets fewer barriers for its customers to earn this "compensation", so for the most part, the income is unearned, which means few levers for the Ponzi Schemer to pull in attempt to reign in the cost of compensating their "investors".
The primary "Sin of MLMs" is that it is an inherently inefficient model of retail with a tendency to cover up its inefficiency by off-loading financial risk to its "customers".
The primary "Sin of Ponzi Schemes" is the inflexible and unsustainable payout to "investors" combined with the general lack of actual value generated to justify said payout.
Now about SkyWay. SkyWay spends tens millions of dollars on employing hundreds of people and building out new infrastructure. Infrastructure is inherently long term, so as an investment it cannot profit for many years. As a comparative example, Amazon is heavy on infrastructure and was already a public company for years before it turned a profit. In contrast, SkyWay intends to make a profit before it goes on a public stock exchange and is adamant that it will pay dividends to its investors. A good percentage of the money that is received by the SkyWay Group goes to their research and development expenses. Such expenses are an essential prerequiste in producing something novel of value.
A similarly good percentage of the money goes to compensating people who market shares of the company for purchase. However, unlike consumer goods which are replenished over time, there is currently a fixed supply of company shares of SkyWay. As more shares are "bought" the supply of "unbought" shares generally decreases. At the same time, increasing numbers of people become interested in SkyWay. The changes to the discounts on shares were planned in advance and were made to coincide with progression through each one of the 15 stages of development as outlined in their business plan. Each progression to the next stage of development implies that the company has performed some of the activities that are essential to developing and marketing its infrastructure technology - string transport. According to SkyWay, progression to a new stage implies a drop in risk which naturally justifies a reduction of the discount on shares. Before, SkyWay shares were available for less than a penny each. Nowadays, SkyWay shares are generally sold for more than a penny each. Unlike the majority of consumer goods sold by MLM which are inherently depreciating in their nature, SkyWay shares can in principle increase in "value" geometrically as they represent ownership of SkyWay itself. However, in SkyWay, this "value" cannot be cashed in as the money is not just not thrown into a vault. The money is invested into research, development, and marketing. Currently, SkyWay investors are almost never given the chance to sell their shares.
SkyWay Capital and SkyWay Invest Group buy shares from SkyWay Holdings at bulk discounts, and these shares are "resold" to individuals and legal entities at lower discounts. The difference in the discounts is used to pay for the expenses of these companies, as well as to pay compensation to those people who are marketing the SkyWay shares and/or the companies' in-house products (such as SWIG's Cryptounits).
So, with a very big asterisk, you could say that SkyWay Capital and SkyWay Invest Group are MLM companies. However, the mechanics of the businesses are so different and novel, that they propose that "multilevel crowdinvesting" be added to our vocabulary, while dismissing the notion that their business model should be grouped under the categories of MLM or Ponzi Scheme. The most important distinction is that SkyWay Capital and SkyWay Invest Group are marketing products which in principle can in the future evolve into formally registered securities - securities that could grow in value over time. SkyWay companies clearly believe that investing is the prerogative of individuals regardless of their socioeconomic background, and they are adamant in attracting investors from all countries to support the establishment of string transport. They and their investors clearly believe in the value proposition offered by SkyWay and that what it is developing will become a paradigm shift in transport.
Evaluating a SkyWay company or any other company is not as simple as looking at the kinds of kickbacks received by their customers and investors. Doing so may account for some major Liabilities of a company, but doing only such an analysis ignores the value of the Assets of the company. The fundamental equation in Accounting is Assets equals Liabilities plus Equity. If SkyWay succeeds, then its Asset value will be able to rise faster than its Liabilities and certainly faster than cash received by its investors. The outcome will determine the writing of history. If SkyWay succeeds, and SkyWay string transport is built all over the planet, then it was never a Ponzi Scheme. This is a case of "the future determines the past", not the other way around. The exact status is therefore a matter of speculation for those who cannot estimate reasonable values of the asset items of the SkyWay Group, or for those who are not aware of what those assets even are.
In my opinion, each person seriously claiming to make such an evaluation as it applies to SkyWay Group should simultaneously have an engineering, financial, accounting, and entreprenuership background, or otherwise regularly consult people who can sufficiently obtain and communicate the information relevant to making said evaluation. Those evaluators who fail to demonstrate those competencies need not have their opinion taken seriously by me nor by others.
Sincerely, talk2siNkarma86—Expert Sectioneer of Wikipedia 06:40, 27 May 2019 (UTC)
The value of the assets of the company? You mean the 400 hundred billion dollars that SkyWay has valued itself at being worth? Or the assets the company supposedly has to pay out monthly dividends on the sale of its cryptocurrencies?Zachar (talk) 11:08, 27 May 2019 (UTC)
No, I am talking about the left side of the balance sheet of CJSC "String Technologies". Financial audit reports for CJSC "String Technologies" are available at https://sw-tech.by/about/audit (Closed Joint Stock Company = CJSC) talk2siNkarma86—Expert Sectioneer of Wikipedia 17:28, 27 May 2019 (UTC)
"SkyWay Group of Companies has already been assessed at $ 5 billion by the market, since the shares with a total face value of $ 400 billion are bought in the market by thousands of investors at a discount of 80 or less. By the way, this assessment of my intellectual property in the amount of 400 billion dollars was made not by Belarusian Yunitskiy, as the Internet- flea market “Onliner” wrote, but by an independent appraisal company that has international licenses for the right to assess intellectual property and exclusive rights to know-how." — rsw-systems.com.
Here are the copies of the independent valuation by Холд-Инвест-Аудит (http://www.hi-audit.ru/):
REPORT №О-905 ON MARKET VALUE ASSESSMENT OF EXCLUSIVE INTELLECTUAL PROPERTY AND KNOW-HOW RIGHTS ON THE “STRING-AND-RAIL TRANSPORTATION SYSTEM OF ENGINEER YUNITSKIY” — Russian — English
Please check the Onliner.by source before quoting what Yunitskiy himself says about the Sidorovich articles who he unsuccessfully sued for libel. The article "I leech from pyramid schemes..." provides the following detailed information about the questionable nature of the 'Moscow consultancy firm' and this 'independent' assessment (which has been corroborated by no one except Yunitskiy and co, but questioned by many as to providing the valid reasons for a company's value):
At the same time, the "shares" of investors are in fact unsecured, since the estimate of $ 400 billion (that's how much Anatoly Yunitsky's intellectual property is estimated) is virtual. In fact, there is a report on a specific Moscow accounting and consulting firm that estimated in 2013 the exclusive intellectual property and know-how "Yunitsky Railway String System" to $ 400 billion. If you look at this report (original document available), the $ 400 billion sum is made up of the sums of assets in more than 100 countries. More interesting. In order to achieve an assessment of the assets in a given country, it is necessary that the technology of the cable transport occupy one quarter of the market of each country. Considering that the string transport does not actually exist at the moment, the actual value of these intangibles is zero," said attorney Sergei Zikratsky.
I appreciate your input on MLM companies and your extended discussion on this topic helps prove that 'MLM' is indeed an inappropriate term to describe this company. It is unlikely that SkyWay will be built anywhere because it has not been tested officially by accredited organisations.
Skyway does have a construction site in Sharjah, UAE as evidenced by some videos and pictures. talk2siNkarma86—Expert Sectioneer of Wikipedia 17:28, 27 May 2019 (UTC)
They have allocated land and they claim to have started construction of a 'test-site' facility at the SkyWay Innovation Park in Sharjah but I still have not found independent confirmation of this construction. Photos and videos unfortunately can't be used to confirm this but as soon as there is independent confirmation we can extend the sarticle with this information about this test site. I actually included this information about the signing of the Sharjah contract and the pre-allocation of the land in the article (from a single reference about it translated from French); there must be more proof of this contract and the construction there. Please post these links below. It is clear that they have 'test-sites' planned but I fear because the vehicles are uncertified and the trackes untested by independently accredited organisations in Belarus it will be a long while before they will be transporting UAE-citizens. Zachar (talk) 22:14, 27 May 2019 (UTC)
The pattern of getting politicians interested at technological fairs, signing MoUs and taking lots of photos, canvassing investment from small investors in the new country, freezing the operations when financial regulatory agencies release warnings and skipping the country with the money afterwards, is fairly clear. You also don't explain the illegal sale of unregistered securities: SkyWay is not permitted to sell its pre-IPO assets until it has registered them by publishing the necessary prospectus. Nothing you say about my qualifications as an engineer will change this until you provide actual references proving that SkyWay has the necessary prospectus to legally sell its securities to the general public. I fear it doesn't, but would be gladly proved wrong in this case. Please provide real references to a source which suggests SkyWay has attained the requirement to legally sell its securities in any of the many countries it is operating. Zachar (talk) 11:08, 27 May 2019 (UTC)
THE QUESTION BEING ASKED HERE IS AS FOLLOWS: considering that this company is not permitted to sell its securities to the general public anywhere - most certainly not in Belarus and nowhere else either - is the self-valuation of these unregistered securities relevant to this discussion? I fear it is not because even if the company is worth something in the future, the gift certificates/promissory notes/CLNs they currently sell are entirely unregistered by a stock exchange and have only the value that SkyWay determines itself. Please prove me wrong by demonstrating in a source not self-published by SkyWay, that the investment products they are selling have any actual value. A primary source self-published by a Russian audit agency doesn't prove anything and has been questioned by verified references already used in the article. If the only way anyone can prove that this company is worthy anything is through self-published sources like a report by the Moscow consultancy firm and SkyWay websites, I fear that the definition of SkyWay as a pyramid scheme is justified. We can also only use accepted descriptive terminology, not terms invented by SkyWay to describe their own investment products like 'multi-level crowdinvesting'.Zachar (talk) 23:01, 27 May 2019 (UTC)
A pyramid scheme is considered a type of Ponzi scheme or a variation of it; they are both types of financial fraud involving redistribution of wealth to other investors, although in the case of the pyramid scheme investors are encouraged with financial rewards to attract new investors who in turn are encouraged to get new investors hence the shape of a pyramid. Verified articles which comment upon the financial pyramid nature of the SkyWay empire include the Russian article from the Volga News online service in Samara "Samarans are being dragged into a 'high-tech' financial pyramid" (1 May 2017). You can view the original here, but you can uncollapse a complete translation of the article in the 'Criticism' heading above: . In the Crimea a similar article was published on the popular news portal PRIMECHANIYA.RU critical of the pyramid structure of SkyWay investment. Its title translates to "To the singing of strings: has a new pyramid come to Sevastopol?" (4 July 2017) and you can view the original here: . There is also the Onliner.by article "I leech from financial pyramids..." viewable here: . You can read a translation of this article here in your language of choice in the menu on the top right: . Finally, this year after new complaints were registered in Belgium the FSMA rereleased its warning ON 17 MAY 2019 where they warn that SkyWay Capital "exhibits the characteristics of a pyramid scheme".. The article in Business Insider Italia argues for calling SkyWay investment a Ponzi scheme and it is possible for a Ponzi scheme to use aspects of the pyramid: Please note that Pyramid schemes "may purport to sell a product, but they often simply use the product to hide their pyramid structure". While some people call MLMs in general "pyramid selling" others use the term to denote an illegal pyramid scheme masquerading as an MLM. In inventing a new name for its investment which it calls "MLM crowdinvesting" SkyWay and its apologists are doing exactly this. There are enough published articles attesting to the the pyramid nature of the SkyWay investment scheme and the lack of registration of their investment products means that whether or not the company is actually ever worth anything is irrelevant since the investment products have not been registered officially anywhere as required by law. Zachar (talk) 09:25, 28 May 2019 (UTC)
On the basis of this research I propose we add the following text to the overview:
...It has also been documented that this company makes unsupported claims about their negotiations to encourage investment and that the SkyWay Group shows clear characteristics of a pyramid scheme....
PLEASE NOTE that the SkyWay Group disclaimer make the following statement in small-print about the reliability of their self-assessment:
The Company has included its own estimates, assessments, adjustments and judgments in preparing certain market information herein, which have not been verified by an independent third party.
Any claims people make about independent third-party assessments are therefore meaningless as the SkyWay Group disclaims any liability resulting from such claims. Please stop posting this information about the validity of the value of their intellectual property if SkyWay disclaims them anyway.
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Unverified claims removed from the article
The following unverified claims were posted to the article by an unregistered user. They were removed from the article as they were entirely unsupported by any references. If these claims, however, are true and there are verified references which can be checked, include them below:
There are currently more than 800 people working actively with the SkyWay in Belarus and in U.A.E. These people are engineers, disainers, architects, project managers etc.
The company uses the most hich tech technologies for designing and building the tracks, houses and modules (veichles) named Unibike, Unicar, Unibus, Unilet which can carry and transport passangers from 1 to hundreds at the same time with speeds currently tested at around 100 km/h.
The Skyway group of companies have multiple buildings for manufactory and development.
There is currently active work going on in Sharjah, U.A.E where the first 400 m track will be done possibly already in following months and will be folowed by multiple 2.5 km tracks to test the speeds up to 150 km/h for Unibuses and Unibikes as well as sea container transports.
Request for updated information on the EcoTechnoPark in Marjina Horka
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Request for updated information in a verified source on the EcoTechnoPark. Three unverified changes to the article were removed because they reference self-published SkyWay promotion. But if there are 6 tracks then there should be references commenting on this. Please post references we can check for verifiability below. Please note that we can't use self-published sources to Yunitskiy's personal website or SkyWay website which functions as promotion and whose verifiability has been consistently questioned.
-Zachar (talk) 15:38, 29 May 2019 (UTC)
This is one of the texts that was removed because it referenced the site www.yunitskiy.com: "In April 2019, 5 track structures have been built in the EcoTechnoPark with 6th under completion." I can unfortunately find no confirmation of these 6 tracks in a verified source. Even if this statement is true, it needs to be verified by a source which is not Yunitskiy himself. -Zachar (talk) 18:25, 30 May 2019 (UTC)
This is the other text about the EcoTechnoPark that was removed from the testing section:
In December 2017 certificates of compliance were issued for 2 models of SkyWay rolling stock: unibus U4-210 and unibike U4-621. The certificates were issued by LLC “Scientific-technical center of Scientific Research Institute Gorelectrotransport” having a corresponding accreditation at the Ministry of Transport of the Russian Federation.
It is about certification supposedly issued by the company "ZAO NIIGET" and it references the website "niiget99.ru". See this reference by Arthur Van Burren on a debunking of this certification agency which was actually dissolved in 2016. According to the Van Burrenblog, this certification is meaningless: . In 18 August 2018 Onliner,by published an article "Is it an April Fool's Day Joke..." where the attempts of Yunitskiy to have his own park officially recognized to test itself. The Belarusian National Science Academy rejected his application and advised that the park be tested by an independently accredited the body. In August 2018, such testing had not been held. See a complete translation of this article viewable by uncollapsing the "Onliner.by - claims and controversies" heading and uncollapsing in turn the article itself. This is what the Onliner.by article relates about the assessment of the respected Belarusian NAS:
"For a long time, Anatoly Yunitsky dreamed of enlisting the support of Belarusian scientific organizations. Thus, in 2016 and 2017, scientists visited the proving ground in Marjina Horka: experts from the National Academy of Sciences of Belarus studied the possibilities and feasibility of implementing this project. Last year, academics cautiously spoke about the unproven viability of SkyWay and the need to conduct a detailed independent examination involving the National Academy of Sciences... it turns out that no more scientific studies of the project were carried out."
They further relate information about the attempts of Yunitskiy to be recognized as a scientific organization to accredit his own technology. This organization rejected his application. This is what they have to say about it:
"At the NAS, they explained to us that String Technologies CJSC, in fact, submitted documents in which they tried to substantiate a certain 'contribution to science and the socio-economic development of the country'. Apparently, the contribution was not very weighty: 'According to the results of the majority of votes, the commission decided to refuse accreditation for the status of a scientific organization'.”
Furthermore the following text was removed as it quotes a SkyWay promotion website: "In 2017, a board of experts from the Moscow State University of Railway Engineering released another statement about the technology, in which SkyWay was found to be 'innovative and capable to compete with railway and automobile transport'." Professor Zylev is quoted as follows in the August 2018 Onliner.by article:
"I think that our institute will make a very big mistake if it takes this case under its wing and oversees it, takes responsibility for the decisions that have been made there. Because all this is absolutely unviable,"
Maybe there are other professors at the MSUoRE (MIIT) who officially released a different opinion? Unfortunately if they did I can't find it. If this is true, however, then a reference to a verified source to prove this has to be used, not a SkyWay promotion website.
More information Self-published SkyWay information on the certification posted by Kmarinas86 ...
Self-published SkyWay information on the certification posted by Kmarinas86
In 2017, SkyWay stated, "The Certificates were issued by LLC “Scientific-technical center of Scientific Research Institute Gorelectrotransport” having a corresponding accreditation at the Ministry of Transport of the Russian Federation. Each certificate confirms the compliance with the normative requirements for complete sets of rolling stock equipment including: traction drive, control system, energy storage unit, microclimate system, fire extinguishing system, frame of traction module in assembly with chassis, passenger module."
In 2016, the prior year, SkyWay stated, "The Scientific Technical Center under the Research Institute Gorelektrotransport is the only entity on the territory of Russia and the entire Сustoms Union of the Eurasian Economic Union accredited to proceed with works on certification of rolling stock for urban electric transport. The main objectives of NTC are to carry out works on certification of companies in the sector, methodological support of processes to create and update normative documents, analyze and produce methods and procedures for technical inspections of urban surface electric transport, arrange and test new types of rolling stock, which includes all varieties of SkyWay vehicles."
talk2siNkarma86—Expert Sectioneer of Wikipedia 14:44, 2 June 2019 (UTC) Zachar (talk) 17:06, 2 June 2019 (UTC)
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The SkyWay Group - CENTRAL COMPANIES
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It has been observed that the list of companies above is unsupported by references. The intention here is to keep a record of the current companies that are active in the SkyWay empire, with a list of verified references that confirms information about the company such as where it is registered, what it does and who works for it. The following list contains major companies and fundraisers, even those registered in offshore location and shell companies as they are all associated with the mother company. Brief information about where the company is registered, the people who are associated with it, what its primary function is, and primarily how it is referred to in the verified references. This discussion should help keep the company ‘infobox’ up-to-date with the current list of subsidiary companies that have not been dissolved. This can be considered a work in progress.
Please note that many references attest to the existence of "UniSky Corporation" which they claim has ownership of GTI and other companies in the SkyWay Group. Although it is mentioned by SkyWay as being incorporated in the Seychelles, I can find no actual proof that this company exists. Please help by providing references that are not self-published by SkyWay that attest to the existence of this company or in fact any other companies in the SkyWay Group.
СТРУННЫЕ ТЕХНОЛОГИИ ЗАО
Romanized name: “STRUNNYE TECHNOLOGII ZAO” [“String Technologies JSC”]
Registered in Minsk, Belarus (2015)
Anatoly Yunitskiy is the company director and 10% shareholder. The company GTI (BVI) is 90% shareholder.
This can be seen as the mother company. It is the only SkyWay company registered in Belarus that has been documented in multiple verified references.
This company is documented as signing the pre-order contracts.
In the following reference Yunitskiy's wife Nadezda Kosareva is listed as the company director:
It has been documented that this company attempted to get itself certified as a scientific organization by the Belarusian Academy of Science [NAS]; this application was rejected.
EUROASIAN RAIL SKYWAY SYSTEMS HOLDING LIMITED (ERSSH)
Euroasian Rail Skyway Systems Ltd. (London, 2013-2015)
Euroasian Rail Skyway Systems Holding Limited (BVI, 2015)
Euroasian Rail Skyway Systems Holding II Limited (BVI, 2016)
Euroasian Rail Skyway Systems Holding III Limited (BVI, 2018)
A number of different companies have belonged to this group.
Euroasian Rail Skyway Systems Ltd. Is actually a different firm that was registered in London. The company “Rail Skyway Systems Ltd.” - registered in Lithuania - was investigated by the FNTT in 2014 for the illegal distribution of shares of this company.. It was dissolved, however, on 13 October 2015.. You can view this company’s ‘Certificate of Incorporation of a Private Limited Company’ here; . In this document it is stated clearly that the two initial shareholders of the company are “Global Transport Investments Inc.” and Anatoly Yunitskiy. Nadezhda Kosareva – Yunitskiy’s wife – signed for GTI. After this company was dissolved, they didn't stop selling shares. They just moved their operations to the British Virgin Islands.
The Bank of Lithuania warning issued 23 August 2014 particularly notes that the company "Euroasian Rail Skyway Systems Ltd, registered in Great Britain, was publicly offering its securities without necessary permits in Lithuania".
It seems that other companies in the SkyWay Group have offered for sale the shares of these shell companies and this is the name that appears on ‘share certificates’ which no SkyWay company is permitted to sell to you and which have a value which has been questioned by regulatory agencies around the world. You can see copies of these share certificates for “Euroasian Rail SkyWay Systems Holding Limited” company in this TUT.BY verified reference: . Here is one of the images they published of these company shares: .
This company is presently registered at the address 19 Waterfront Drive, P.O. Box 3540, Road Town, Tortola VG1110, BVI. You can read information about the Memorandum of Association via the following link: . The registered agent of this company is ‘Totalserve Trust Company Limited’. UniSky Corporation – another SkyWay Group shell company registered in the Seychelles – is associated with this company. Although UniSky is mentioned in the Memorandum of Association and SkyWay refer to this company all across their webistes, I can find no actual proof that it actually exists.
‘Euroasian Rail Skyway Systems Holding Limited’ is actually the only company to have an ISIN registered in the BVI: VGG322291094. The actual validity of a BVI ISIN has been disputed. Having it does not actually permit the company to sell anyone securities.
In Greece, the HCMC (Greek financial regulatory agency) issued a warning about the SkyWay Group. It identified “Euroasian Rail Skyway Systems Holding II Ltd.” as on the Skyway companies.
-Zachar (talk) 19:31, 3 June 2019 (UTC)
FIRST SKYWAY INVEST GROUP LIMITED
Registered in London (2014)
Evgenii Kudriashov is registered as the current company director.
Registered office address: Suite 3095 Great Russell Street, London, UK.
The last registered document was a confirmation statement registered 17 December 2018.
It has been suggested that this is a shell company like other companies with a director who lives in Belarus but a post-office box in London. It has been struck of at least twice but the company manages to get itself put back on the register. Typically companies are threatened with being struck off if they do not submit an annual confirmation statement.
Evgenii Kudriashov is associated with SkyWay Capital. He is also the director of SkyWay Capital Inc. In the Belgian FSMA warning First Skyway Invest Group Limited is also referred to as ‘Skyway Capital’.
GLOBAL TRANSPORT INVESTMENTS INC. (GTI)
Registered in the British Virgin Islands (2015)
This company owns both the intellectual property of Yunitskiy’s SkyWay technology and the mother company ‘ZAO Strunnye Technologii’. According to SkyWay contracts, “the company’s purpose is to create and provide a conducive environment to strategic investors”.
In April 2017 GTI became involved in a scandal involving offshore corruption schemes. A list was released of representatives of foreign organizations presented on the site of the Ministry of Foreign Affairs. GTI was included in that list.
Yunitskiy himself is documented as being evasive to avoid having to explain how or why the intellectual property of this company was transferred to this offshore company when he was questioned about it in the Belarusian courts.
SKYWAY CAPITAL INC. (SWC)
Registered in Saint Lucia (2018)
This company is run from a centralized location in Minsk, Belarus.
Skyway Capital Inc. functions to raise funds for SkyWay Group projects.
Evgeny Kudryashov is the company director. Despite this company having the domain name of its company’s website registered in London, Kudryashov lives and works in Belarus. He is pictured in YouTube films interviewing Anatoly Yunitskiy.
Kudryashov is documented with a history in network marketing. This history involved him in the following internet scams: MMCIS, Forex trend or CenterReklama.
Skyway Capital has been implicated in many of the regulatory warnings. The warning issued by the FSMA on 22 September 2017 warns about the activities of “First SkyWay Invest Group Limited” which was offering its shares to Belgian investors illegally; they shorten the name to “SkyWay Capital”.
The recent German warning from BaFin warns specifically about the missing sales prospectus of ‘Skyway Capital Inc.’ which it states is registered in Saint Lucia.
SkyWay Capital has been documented making unrealistic claims about the value of the shares it is marketing. As of today (2 June 2019) “you can purchase company shares at a discount up to a hundred times their potential face value”. The company is still claiming that it has signed more than $164 billion dollars in pre-order contracts. It claims that in investing in SkyWay capital you will become a “co-owner of all the technology”.
The company has been repeatedly called out for selling pieces of paper that have no actual value. By investing in SkyWay Capital investment products, you don’t actually end up owning anything more than the piece of paper that SkyWay tells you has value. You should check, however, with your national financial regulatory agency to see if SkyWay Capital has published a legally-required prospectus. If they haven’t then anything SkyWay Capital sells you is completely worthless.
Also before investing in SkyWay Capital you should read the company disclaimer. You can view it here: . You should note the following:
SkyWay Capital states that marketing information “bas been prepared by the company based on their own estimates, assumptions, adjustment and judgements that have not been verified by independent third parties”;
The company is not responsible for you losing your money;
The company does not intend to register its securities and it is therefore illegal here in the U.S.- it is further illegal to sell SkyWay Capital stocks in Russia, Australia, Canada or Japan;
It disclaims itself from any ‘forward-looking’ statements it makes in its publicity which it admits are based on unknown assumptions about the future.
Furthermore, the SkyWay Capital website advertises “special offers for registering children’s ownership”.Zachar (talk) 19:26, 2 June 2019 (UTC)
SWIG INTERNATIONAL LTD. (SWIG)
Registered in London (2015) – previously known as “Global Skypark Ltd.”
Armands Murnieks and Margarita Sevastjanova are registered as the company directors. Shares have been transferred between Anatoly Yunitskiy and Armands Murnieks.
This company functions to raise funds for SkyWay Group projects.
On various sites claims are made that Andrei Khovratov is the CEO of the SWIG companies, although these claims have been disputed. .
Andrei Khovratov also claims to be director of the company "RSW Investment Group Ltd." registered in the British Virgin Islands. He signs documents using a company stamp with the company registration number 1387608. The following document shows the supposed registration of a shareholder in Italy: . I can find no proof that this company actually exists external to SkyWay promotion sites. This company information is also included at this reference in relation to the registration of a location in the Ukraine: .
Yunitskiy distances himself from the way companies like this collect money for him by making statements like “if someone scam using company name and happen to give me money, is not my problem”. . He nonetheless invented the technology these companies are promoting, takes money they collect and is a shareholder of these companies.
SWIG presents itself as global consortium of some kind which sells products like Education Investment Packages (EIPs) and CryptoUnits (CRU) to small investors which it promotes at recruitment and sales meetings held at various places around the world. .
This is how the company describes itself:
“SWIG is the trademark of the company that combines educational and investment projects. The company provides education on the topics of personal finance use, investment portfolio organization, personal development, basics of management and marketing. In addition to education the company set the goal of popularizing the idea of an environmentally friendly and safe transport and convey the advantages of string transport implementation to people worldwide. Our mission is to get 15% of the population in regions where SkyWay technology is present to become the company’s investors and achieve quality education in the fields of personal and financial development.” Zachar (talk) 16:41, 2 June 2019 (UTC)
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The SkyWay Group - INTERNATIONAL SUBSIDIARIES
Summarize
Perspective
The intention of this list is to collect proof that the subsidiary companies registered in foreign countries actually exist and are associated with the mother company. The list above was criticized for not having any references; we can improve that. This heading can be considered a work in progress and can help verify the contents of the Company Infobox in the article.
-Zachar (talk) 11:27, 4 June 2019 (UTC)
GLOBAL TRANSNET UK LIMITED
Registered in London (2015)
This company has an official registration in London and is directed by the same person involved with other SkyWay shell companies: Armands Murniecks. But Murniecks is only the director of the company. GTI and Anatoly Yunitskiy are the major shareholders of the company as demonstrated in this documentation:
It has been observed that this company has been involved with insider trading relating to non-existent U.K. projects such as a SkyWay project connecting London and Thurso in Scotland.. All the local agencies were contacted in the places which would be affected by a SkyWay route. None of them replied with information concerning any planned collaboration with SkyWay or any of its associates, neither the mother company nor 'Global Transnet UK ltd.'. The fact that the Russian mother company negotiated with a subsidiary who is owned by companies in the SkyWay Group, including Yunitskiy as an actual shareholder, demonstrates insider trading.
PT SKYWAY TECHNOLOGIES INDONESIA
Registered in Jakarta, Indonesia (September 2017)
Madinatul Fadihlah is registered as the company director.
SkyWay had a stall at the 'Railway Tech Indonesia 2017' trade fair in April 2017.
The company "PT Skyway Technologies Indonesia" was set up in September 2017.
They wasted no time negotiating with universities and private companies to realize imaginary SkyWay projects and encourage research all around Indonesia.
In September 2017 a Memorandum of Understanding was signed with the University of Indonesia to build on campus 'sky trains'.
They negotiated with PT Jorong Port Development company in Kalimantan to build a project there, and with the MII (the Indonesian Infrastructure Society) . A Memorandum of Understanding was signed in Jakarta in September 2017..
The SkyWay Group claim on their website to have undertaken negotiations as part of the 'desa emas' (golden village) program to develop a project in Dasun village, Rembang district. SkyWay claim that they signed a Memorandum of Understanding in October 2018. They self-publish an article with photos and claim that this was published by the Indonesian news portal Merdeka.com. I haven't been able to find any proof that these negotiations took place and this article is not traceable to a verified news source.
In February 2018 they negotiated with the Gadjah Mada University in Yogya to promote research and innovation in the field of transportation. This is actually where the director of the company studied. The Memorandum of Understanding elaborated on scholarship opportunities for the students and the director of the University was happy for the additional opportunities underprivileged students could attain. Of course, an MoU doesn't actually oblige anyone to do anything, and the director Pantun shouldn't have expected anything but disappointment. There is no proof that a single rupiah was paid to a single student as part of any scholarship or research program.
Opportunities were taken at these events to make publicity for SkyWay projects and local newspapers and news portals published information about these events to promote investment from Indonesian citiziens. These articles included commentary like the following:
Also included is a unique scheme of transportation infrastructure financing in the style of SkyWay Technologies that allows people to actively participate.
These were photo opportunities for free publicity to promote investment; they never actually intended to realize any of these projects. But who could turn down the free opportunity to have their photos taken signing a meaningless document, seeing it didn't cost them anything and could lead to future collaboration of some kind? They should've known better. Shameless advantage was taken of this free publicity to promote this company to Indonesian small investors at home who didn't know any better.
Indonesian citizens complained to the OJK (Indonesian financial regulatory agency) and in March 2018 they added Skyway Capital to its forbidden companies list and released a warning about the activities of "PT Skyway Technologies Indonesia" . It's actually a positive testament to a functioning financial regulatory agency; the OJK didn't waste any time issuing their warning and they may have saved a lot of gullible Indonesians from wasting their money.
Cold comfort, however, for the Indonesians who actually lost their money. The mother company in Belarus froze the further activities of its subsidiary in Indonesia. Apparently "word had spread that there were a number of Multi Level Marketing (MLM) individuals who sold investment products on behalf of PT SkyWay Technologies Indonesia". And to protect themselves from prosecution the mother company stopped its activities in May 2018. According to SkyWay pubicity, their company director had published defamatory information about the company and exploited Indonesians. There are no articles, however, that would suggest the company did anything that was not done already by SkyWay as part of its activities in other parts of the world and there are certainly no articles suggesting that the company director defamed the company. Another reason given was the negotiations in Dubai. This means they took the money from investors, protected themselves from legal action, and moved on to their next destination.
RAIL SKYWAY SYSTEMS LTD. (Lithuania)
Registered in Vilnius (2014)
Anatoly Yunitskiy is registered as the director of this company.
This company was founded in Vilnius, Lithuania in March 2014.
SKYWAY GREENTECH COMPANY (UAE)
According to Skyway the "Skyway Greentech Company" is a subsidiary of GTI that "will operate in the territory of the UAE on behalf of the SkyWay project".. This company has been mentioned in many secondary sources but I can find no actual proof that this company has been registered anywhere officially. This is a request for verified references on the registration of this company.
–Zachar (talk) 21:41, 4 June 2019 (UTC)
SKY WAY TRANSPORT AUSTRALIA PTY LTD
According to a number of secondary sources, this company was founded by Rod Hook in Adelaide to spruik SkyWay technology in Australia. Some references suggest that Anatoly Yunitskiy and Rod Hook formed this company together. We need, however, primary sources that certify that this company actually exists and when exactly it was registered to do business. This is a request for sources that attest to the registration of this company.
-Zachar (talk) 21:46, 4 June 2019 (UTC)
You can see company registration information via the ASIC website:
TECHNOPOLIS INTEGRATED NIGERIA LIMITED
According to their own website, this company is the official partner of the Skyway Invest Group (SWIG). I can't however find any actual proof, even primary sources, that this company really exists. It has to exist outside the context of its own website. If no one can published verified information about this company, I suggest we remove it from the infobox. This is, therefore, a request for verified primary or secondary sources on the existence of this company as the partner of SWIG in Nigeria.
-Zachar (talk) 21:33, 4 June 2019 (UTC)
The secondary sources attesting to the presence of SkyWay don't mention this company. I have removed this company from the infobox until we have further proof that this company actually exists and SkyWay is indeed working with them.
Sharjah Innovation Center - request for verified sources
In October 2018 SkyWay negotiated with a private company and 25 hectares of land was pre-allocated to build a test site which SkyWay would use to test its own facilities.
They made various promises about this test center and widely published information about the building site. It was used to justify their new "CryptoUnits", an investment product that was supposed to resemble some type of cryptocurrency, at events held all around the world including New Zealand, Belgium and the Netherlands.
They claimed that work would be complete on the first test line in the period April-May 2019. On 29 May 2019, according to the SkyWay website, they postponed construction at this site and they did not set a new date.
This is a request for secondary sources that mention either the test site or help to explain why they have postponed construction.
Zachar (talk) 13:41, 17 June 2019 (UTC)
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What postponement of construction?
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Perspective
Regarding the recent edits, it is clear there is a misunderstanding.
Where in the article does it say that construction is postponed? Keep in mind postponement of construction by definition means that said construction is not happening at all though it may resume later. Postponement of construction is not the same as the postponement of the announcementof the completion of construction. The article is really saying the latter. talk2siNkarma86—Expert Sectioneer of Wikipedia 15:23, 17 June 2019 (UTC)
Keep in mind that the "launch date" that SkyWay has postponed is the day of the media event (day of the announcement) where they are to show the first completed line in SWIC. talk2siNkarma86—Expert Sectioneer of Wikipedia 15:38, 17 June 2019 (UTC)
Also, please do not confuse a launch date with a date of groundbreaking, as was done here and here. talk2siNkarma86—Expert Sectioneer of Wikipedia 16:18, 17 June 2019 (UTC)
Unfortunately whatever SkyWay claims about the "Sharjah Inovation Center" self-testing initiative is irrelevant to this article until a secondary source mentions it. There's no point quibbling over what self-published information means since we can't use it anyway! Zachar (talk) 16:36, 17 June 2019 (UTC)
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Change introduction
Summarize
Perspective
I propose to amend the first sentence of the article, based on the rules of WP:NPOV, WP:NOT, WP:5P: SkyWay Group is a collective term used to refer to a group of companies owned by Belarusian design engineer Anatoly Yunitsky.
Thanks for this suggestion. Unfortunately there is a mistake here. Yunitskiy is not the 'owner' of these companies. He is one of the shareholders of a number of the companies in the SkyWay Group, but not all of them. He invented the technology and is purported to be the figurehead behind business decisions which resulted in the problematic funding apparatus behind companies like the SWIG and SWC after partnering with Khovratov and Kudryashov, but his actual role remains speculation until we have a verified resource which comments definitively on Yunitskiy's exact role in the Skyway Group. -Zachar (talk) 15:21, 27 June 2019 (UTC)
Ok, can put that Yunitskiy is shareholder of SkyWay Group and author of String Transport idea. Derehosrescalo (talk) 14:09, 28 June 2019 (UTC)
Yunitskiy is already listed as a shareholder, a director and inventor of the technology in the overview. I wanted to include his name in the lede text as well, and I tried to on a number of occasions, but it was not successful. I completely approve of the idea of including Yunitskiy's name in the 'lede' as well, I'm just not sure how without repetition of text which is important to the overview. -Zachar (talk) 15:04, 28 June 2019 (UTC)
UPD: I offer a more complete and accurate introduction:
SkyWay Group companies are registered in London, Minsk, St. Lucia and the Virgin Islands, "Euroasian Rail Skyway Systems Holding Ltd.", "First SkyWay Invest Group Limited" and "Global Transport Investment Inc." These companies attract potential investors all over the world to develop their technology called SkyWay (or String Transport). Financial regulators in some countries have warned the public about the risks of investing in SkyWay Group's infrastructure projects. Thanks, Derehosrescalo (talk) 12:28, 27 June 2019 (UTC)
" SkyWay Group companies are registered in London, Minsk, St. Lucia and the Virgin Islands, "Euroasian Rail Skyway Systems Holding Ltd.", "First SkyWay Invest Group Limited" and "Global Transport Investment Inc." "
This suggestion doesn't actually make any sense. It suggests that that these are the only companies in the SkyWay Group. They are not. You also don't mention that the company is run from a central location in Belarus. Do you disagree with the conclusion drawn from verified references that the company is run from a central location? If you do please provide verified references that support this claim. The companies listed are the names of the shell companies and at present they are only registered as such. With this suggestion you could easily get the idea that these companies actually 'are' the SkyWay Group when they are most certainly only the registered business names used to funnel funds to shell companies in offshore locations. –Zachar (talk) 15:35, 27 June 2019 (UTC)
These are the main companies, there are more reliable links than those that led. The investment memorandum says nothing about small companies. Derehosrescalo (talk) 14:09, 28 June 2019 (UTC)
GTI is a shell company registered in the BVI which owns the intellectual property of Yunitskiy that they claim is worth 400 hundred billion dollars. ERSSH is also registered in the BVI and refers to a group a shell companies for which the company (illegally) purports to sell shares. The First Skyway Invest Group Limited is a company registered in London but associated with Skyway Capital which is directed by Kudriashov but which is run from wherever he lives and not London. These are just the registered business names of SkyWay Group shell companies operated in offshore locations. Just listing these names and not mentioning the mother company based in Belarus (ZAO Strunnye Technologii) is clearly misleading. I'll check the references to see if I can find better ones. Your suggestions here are welcome. But which investment memorandum are you referring to? If you are referring to a SkyWay contract, we can't consider it for an encyclopedia article because it is clearly biased, unpublished and a primary source. –Zachar (talk) 15:19, 28 June 2019 (UTC)
These are the main companies mentioned in the investment memorandum, and the investment memorandum is the official document on the basis of which the company operates, this is a reliable source. There is nothing about small fundraising companies. A lot of your sources, as you say, do not even have an English version, and you suggest that you believe in words. - I believe that the official registration authorities and investment memorandum is a more reliable source. Derehosrescalo (talk) 16:02, 28 June 2019 (UTC)
A document Skyway publishes about its own companies is not a reliable source. Neither are press releases from regulatory agencies. Secondary sources which mention the regulatory warnings, however, are used in the article. Please include a link to this 'investment memorandum' that you believe is reliable. If it is an officially recognized document like a copy of legislation or the transcript of a court-case, please include also secondary references which confirm the contents of the primary source. It doesn't matter if these documents are in English or Russian, as long as they are from a verified source. –Zachar (talk) 16:38, 28 June 2019 (UTC)
If you want to talk about the central company, which you call ZAO String Technologies, it would not have been wiser to name the article - String Technologies. But as I see it before your editing it was called. Speaking of sources, you are also wrong. You put forward sources on companies references to secondary sources of Belarusian media, with which the company had conflicts and courts, so they can not claim to be neutral. But references to the registration authorities confirm the existence of real companies. Which, as an investment memorandum, are the constituent documents stored in archives and which are the best confirmation of this proposal. The memorandum has a scheme of the company's work there and it is just said about the SkyWay group - but this is not a legal or any other term, it is a unifying word. So to speak about the center is not necessary. But eating real companies and structure, registration of which we can check. The following links . Derehosrescalo (talk) 18:53, 30 June 2019 (UTC)
These memorandums are primary sources and cannot be used as the basis for changes to the article: legal documents about companies registered in London and the BVI can only mean as much as the regulatory warnings and have to be verified by secondary sources. The company 'Skyway Group Limited' is not even a SkyWay Company and is further unconnected to the SkyWay Group of this article. I agree, SkyWay Group is not a company name and is not necessarily a good title for the article about companies in the SkyWay Group. −Zachar (talk) 21:28, 30 June 2019 (UTC)
" These companies attract potential investors all over the world to develop their technology called SkyWay (or String Transport). "
This is not really a viable alternative to the sentence already in use which currently suggests that these companies "are seeking". Attract is just an inappropriate alternative as it suggests that the companies are passively attracting the investmen. Perhaps we could word this better as this not the only thing SkyWay Group companies do. It has been documented that there are companies in the SkyWay Group which have been founded for non-profit functions, as fund-raisers, as holding companies, to fight legal battles and also specifically to seek investment. But to suggest that they just passively 'atract' investment but don't play an active role in this process is misleading. It has been documented in many verified sources that they are actively employing staff members to canvas investment from small investors with boiler rooms of telemarketers and a dedicated staff of network marketers who design and share misinformation about the company. –Zachar (talk) 16:14, 27 June 2019 (UTC)
Attraction through the network system is legal. There is an official conclusion of the Moscow State University of Railway Engineering that SkyWay is trustworthy. The opinions of private individuals do not need to be included in the introduction. Derehosrescalo (talk) 14:09, 28 June 2019 (UTC)
What does the opinion of the MIIT have to with attracting investors? This purported conclusion of the MIIT has been discussed and rejected on multiple occasions. See the archives for this discussion, but if you really think it should be considered again, please start a new discussion below with your references for editors to check (again) for verifiability. Still, it has nothing to do with the company attracted investors. –Zachar (talk) 15:26, 28 June 2019 (UTC)
Attraction by means of the MLM network system is not a violation, as Richard Branson joined the space tourism program at the final stage, and most of the work was done in attracting public investment, but Branson is not a fraud. The fact that the technology is not viable is the conclusion of the MIIT, which suggests a potential implementation. And the opinions of individuals are not a reliable source. As I found in the investment memorandum, funds are associated with the company, the activities of which are not regulated by the management of the company. Therefore, it is impossible to talk about attracting someone to attract small investors by the management company. This is the work of funds. Derehosrescalo (talk) 16:02, 28 June 2019 (UTC)
Here's a suggestion of more accurate wording for this sentence:
It has been documented that companies in the SkyWay Group seek potential investors all over the world for development of its technology called SkyWay (or String Transport).
You are talking about shell companies. What does this term mean and how applicable is it to official investment funds? Or, in your opinion, all those who register in the offshore zone are fake and criminal. Maybe Trump is a criminal? Derehosrescalo (talk) 18:56, 30 June 2019 (UTC)
Shell companies are companies that are registered purely for the purpose of an address and to be able to open a merchant bank account for the white-washing of funds raised somewhere else. SkyWay companies that are registered in the British Virgin Islands and Saint Lucia are examples of this because they have no dealings in these countries, i.e. they do not sell their investment products to citizens of these countries. No one is suggesting, however, that they are doing anything wrong by establishing these companies. They are, however, committing fraud because they are selling investment products they have not registered legally anywhere in the world to sell, neither in their home country or the offshore locations. I'd like to repeat here that having an ISIN number does not mean a company has the legitimate right to sell their investment products to the general public. On its own, company registration doesn't mean anything. They need to publish the legally required prospectus and register their securities before selling them to the general public of ANY civilized country. Please provide proof that SkyWay has done this before changing the text of the article. –Zachar (talk) 21:50, 30 June 2019 (UTC)
" Financial regulators in some countries have warned the public about the risks of investing in SkyWay Group's infrastructure projects."
This doesn't seem to me to be a good faith suggestion at all. It is also no longer accurate. Belgium, the Czech Republic, Estonia, Greece, New Zealand and Slovakia are some of the countries that have released warnings about the activities of companies in the SkyWay Group. But Italy and more recently Germany have done more than just release 'warnings'; they actually have prohibited against SkyWay companies which has resulted in websites being taken down and the advertisement of SkyWay Investment Products and the sale of shares to the public being banned.
You will need authoritative sources for what you said. The official warning means only the desire of central banks to relieve themselves of excess responsibility (“we warned you”...) and cannot be a confirmation that the company is in bad faith. Derehosrescalo (talk) 14:09, 28 June 2019 (UTC)
I can only confirm here that secondary sources are used for each of the financial regulatory agency warnings. As it is the lede text does not suggest that SkyWay is acting in bad faith, just that the public have been warned about the activities of SkyWay companies by regulatory agencies which is a reflection of the many primary and secondary sources each which mention in detail these regulatory warnings and prohibitions. The text is at present "The public has been warned by financial regulators about risky investments in SkyWay Group infrastructure projects." This is not an opinion but is a valid reflection of secondary sources which comment upon the warnings released by financial regulatory agencies. That central banks only do this "to relieve themselves of excess responsibility" is clearly a personal opinion. Note also that 'warnings' is no longer sufficient since Italy and Germany have both prohibited against SkyWay which has resulted in websites being taken down and the banning of the sale and advertisement of SkyWay investment products. This is more than a warning. –Zachar (talk) 16:10, 28 June 2019 (UTC)
the document which is published by the company, which is signed by the management and registered - is not only reliable, but the only true primary source. Moreover, when preparing materials, a part of your "reliable sources" uses a memorandum for their publications. Especially have a PDF version of this document. Derehosrescalo (talk) 18:57, 30 June 2019 (UTC)
No a document which is signed by the management and registered is meaningless on its own. You are entirely mistaken to suggest that primary sources or PDF documents have any meaning on their own without confirmation in secondary sources just because they are signed by SkyWay management and registered at a companies house in London or the British Virgin Islands or anywhere else for that matter. Why? Because anyone can go and register a company in these locations by paying a nominal fee. That London and the BVI are particularly notorious because it is so easy for just anyone to set up shell companies speaks for itself. I could go and do it tomorrow if I wanted; I'd just fill in a form, pay the money and they would publish this information on a website. It doesn't mean anything. –Zachar (talk) 21:50, 30 June 2019 (UTC)
The point here is that all the countries that have released warnings and prohibitions haven't just "warned the public about the risks of investing in Skyway". They've said, among other things, that it is illegal to sell their investment products as they haven't published the prospectus required by law, that some of these companies exhibit characteristics of a pyramid scheme and that they could be involved in a scam. –Zachar (talk) 16:14, 27 June 2019 (UTC)
Need more authoritative sources + need neutral users who not affiliated with theme (over the past six months, you have already made more than half a thousand edits, and all your weighty edits are negative in nature, this indicates your interest. But I don't understand your interest). Derehosrescalo (talk) 14:09, 28 June 2019 (UTC)
The more users who contribute to this page, the better. Please note the extended discussions of the regulatory warnings and the care that has been taken to ensure that the wording is neutral and that only warnings are mentioned that include secondary references and not only the regulatory agency press releases. Remember that you are attempting to rewrite the 'lead' text which is defined in the WP manual of style as "an introduction to the article and a summary of its most important contents" . Please note that you haven't actually mentioned any of the 'authoritative' sources you think we should use, or which (if any) of the more than 80 verified articles already used as references are unreliable. If you want to change the 'lede' text please include a detailed list of the more authorized sources we should summarize. –Zachar (talk) 15:49, 28 June 2019 (UTC)
Your words regarding fraud are not confirmed by anything, there is not a single court order or a decision of the controlling body. But what you wrote about disabling the site in the state domain is a logical decision, since there is no license in the state, but there is no ban on deposits. That says only about the regulatory warning. Oh there, that this is something more than just a warning - your personal speculation, no need to take it into account. Derehosrescalo (talk) 18:59, 30 June 2019 (UTC)
When the financial regulatory agency of any given country prohibits against the activities of a company, they actively prohibit the company from selling its wares to the general public. In the example of Italy, they actually took down websites and banned the sale and advertisement of investment products to Italians. This is confirmed by multiple secondary sources already listed below and in the article. There is a big difference between a warning and a prohibition: the former is just a notice to the citizens of a country that a given company has behaved suspiciously. A prohibition means something entirely different and it can have actual consequences for the company. How has SkyWay consistently responded to such warnings and prohibitions? It goes to a company house in an offshore location and registers a new company of course. This is why registration at a companies house is so meaningless: it is so easy to do. But it helps to explain why there are so many offshore companies like 'Euroasian Rail Skyway Systems Holding I, II & III Ltd.'
Since the first link in the introduction does not prove your statement, my wording, without the approval of the center, is more accurate. Therefore, I do not understand why, after our discussion, you canceled my edits. Such behavior as editor is unacceptable. The article is in the public domain, and any user can edit, you are not an administrator. Derehosrescalo (talk) 14:14, 5 July 2019 (UTC)
I didn't actually undo your 'edits' because there was only one. Unfortunately there is a big problem with the changes you made to the opening sentence and I was forced to return the article to how it was before you made this (single) change. After your change the sentence read SkyWay Group companies are registered in London, Minsk, St. Lucia and the Virgin Islands, "ERSSH Ltd.", "FSIG" and "GTI Inc." Further, this sentence no longer defines what the 'SkyWay Group' is, namely a term that is used to refer to a group of companies. It longer describes what the SkyWay Group is referring to and is entirely misleading. This sentence as you posted it no longer made any sense and is grammatically incorrect with a comma separating two sub-sentences that are further unrelated to one another. There may be problems with the lede text, but attempting to change them by making the sentence refer to something entirely different and not obey the grammatical or syntactical rules of English is not the way to solve these problems. Zachar (talk) 18:16, 5 July 2019 (UTC)
SkyWay Group was established in Belarus: suggested clarification in opening sentence
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Regulatory Warnings: title needs to be updated and contents changed
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Financial Regulation against SkyWay
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"These companies are seeking potential investors..." needs to be changed
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PSIRAM Article on SkyWay is detailed and worth a look
