Hi Dears, Sorry to start writing to you with this frustrating story of RWNW.OB&ARABIAN RECAB. I work in Dubai, UAE and I know evry thing about the Saudi Arabian Recab company. They are in critical position since 2years ago, and I can write here pages about the company, but only if you ask that... The company sold more than 95% they have..
Riyad Bank raised to MOF a report to announce the bankruptcy of the Arabian recab within a month. It's very strange they supplied the market with un true data. all Saudi banks exept 1 closed their accounts and they owe investors and others more than $160million Saudi riyals, and their capital now doesn't exceed 1million....
I'm a businessman from dubai buying&selling ameican shares, I ask the arabian recab company s.r 1,200,000 saudi riyals, and they failed to pay,,,
please understand my poit, I don't like any one of you to lose his money.. and if any one wants their phones I can give them to him..
IMPORTANT NOTE: See they had several news about recab in yahoo&msn,...business, but today I found changing which means I am right, THEY HAVE NO BUSINESS WITH SAUDI TELECOM NOR WITH MARBLES & GRANITE(Quarry Acquisition) .
NOTE: if you see this link befor several days, you will see: