Correcting a Misstep: Filinvest Land, GT Capital, and the Gotianun Family

MB Bottom-line writer recently made a mistake in referring to Filinvest Land as a subsidiary of GT Capital, when in fact it is a subsidiary of the Filinvest Development Corporation of the Gotianun Family. This error was the result of shorthand notation used when writing on a phone, which was later misinterpreted by an automated script.

Key Takeaways:

• Filinvest Land [FLI] is a subsidiary of the Filinvest Development Corporation [FDC], a company belonging to the Gotianun Family.
• GT Capital [GTCAP] has a subsidiary called Federal Land Inc., which was mistakenly referred to as 'FLI' in the initial write-up.
• The error occurred when writing on a phone, using shorthand notation for company names and ticker symbols.
• The automated script converted 'FLI' to a stock quote for Filinvest Land, the real estate developer, rather than Federal Land Inc.
• The mistake was caught by MB Bottom-line reader Jewel, but the error had already gone out in the newsletter.
• Several readers pointed out the mistake, and the author apologizes for the confusion caused.

Statistics:

• None

Sources:

• Galvez, MB. "I don't always get the chance to write at my laptop, so sometimes I'm writing from my phone while waiting in a building or stuck in traffic." (no specific date)
• Filinvest Land [FLI]
• GT Capital [GTCAP]
• Filinvest Development Corporation [FDC]