Grifols SA: How an advance payment becomes a loan Part I
- Gotham City Research LLC
- Mar 6, 2024
- 1 min read
Gotham City Research published Grifols SA: Focus on Related Parties and Corporate Governance on 20 February 2024, which primarily consisted of a list of questions for Grifols. Later within the day, Grifols released a press release in response, in which the company stated: “We have already addressed each of their malicious and misleading questions”. Grifols also stated in the same press release, “The Grifols Board continues to reiterate its strong commitment to transparency, integrity, and ethical conduct.”
In our opinion, Grifols did not address all our questions, and thus we find their claim incorrect. We also question the company’s commitment to transparency, integrity, and ethical conduct. To learn more, please read our report:
Grifols' transparency claims falter. It seems like they're playing a スイカゲームSuika Game. Every time you merge watermelons, hidden loans pop out. It's enough to make you question their integrity and governance.
This is a sharp continuation of the debate—Gotham’s follow-up makes it clear that Grifols’ response didn’t satisfy all of the concerns raised. Their insistence on transparency seems to fall short when core governance issues remain unclarified. Miu Miu sunglasses I’m intrigued to see how this plays out and whether further revelations are coming.
Appreciate the fresh perspective you’ve shared here.
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Okay, Ragdoll Archers color block this is getting interesting! Grifols saying they addressed everything but Gotham City Research is like, "Nah, we still have questions!" I gotta download that report and see what's up.