CTP emails have been hosted on Grenke’s servers since at least 2018.
September 21, 2020 – Grenke AG responded to Viceroy’s report in a brief and intentionally opaque update last Friday.
As far as we know, the live recording of the conference call or any transcript of the call was not made available by Grenke to investors, as promised, so we withhold our full response until we can properly quote management’s incriminating statements.
A review of CTP’s DNS history shows that its email servers are hosted by Grenke and have been since at least 2018: almost 2 years prior to the acquisition of CTP’s owner Sacoma AG by Wolfgang Grenke.
It is astonishing to imagine a company with compliance and internal control measures as great as Grenke’s is willing to allow third-party organizations into their mail servers.
It is with disrespect that Grenke management expect shareholders to buy this narrative without evidence.