PDVSA IN BANKRUPTCY

Bluntly. The regime broke PDVSA. To do it in a company of this magnitude, it is not overnight. They are almost two decades, where the biggest embezzlement has been committed in almost three centuries.

FUENTE

Dramatic fall Technically it is paralyzed. Experts in exile warned today. True connoisseurs of the management of the industry.

PDVSA today has no cash flow. He does not pay all his debts and his performance is a spectacle in the seas of the world, where he is persecuted by numerous creditors who line the courts of the globe. They can not pay for the debt service, while the Chinese and Russians are attentive to put their fangs into what would be the greatest delivery in our history to transnational capital.

Decrease in production volumes, at first glance it looks like science fiction. History of an excessive pillage. Gigantic investment expenses not made went to the regime's saddlebags. It is a crime against all Venezuelans. Between 2009 and this date, the false investment registers almost 100,000 million dollars, with free fall of more than 50 percent of production, taking it unchecked to the slide of misery.

FUENTE

The money obtained from the large indebtedness never reached the country, nor the company, nor even the minimum investments to maintain the operational capacity.

The refining abroad is invisible due to the persecution of the creditors and they have already finished the actions that were maintained in the associated industries.

About 50 thousand fraudulent contracts were signed, while the jet of dollars tumbled in the black pockets of the reds. Every day that goes by with this government, the possibility of the company to stay in operation is far away.

Financial groups seek assets to seize more than $ 60000 million. The company Conoco stands out, which was advanced in the courts by the irresponsible expropriation of which it was a victim in 2007. Added to this is the expiration of bonds, while CITGO will be the final stab at this predatory process of revolutionary rebels.

Leaving the regime is the first step to save PDVSA and with it the country. Then the honest technicians will come today in exile, to establish a process of reengineering that manages to save us. On the other hand, the creditors were warned that many of the debts are illegal, since they were assumed without the authorization of the National Assembly, the only body empowered to that end. They are also partners in this plunder.

Ending tyranny is the way and after the technicians come to do their job.