The company no longer exists, even as a 'ghost'. Greenfield was insolvent as early as mid-2009. Its known debts exceed €3.3 million. In addition, there may be other debts to investors: CEO Michael Rietveld claims that up to €4 million in capital has been invested in the company and spent on its Belarus project. The company had no assets and maintained what Rietveld called a 'zero balance sheet' in its Irish accounts. Greenfield's registered office in Ireland was an accommodation address provided by Company Formations International Ltd. A sister company of CFI Ltd acted as company secretary: Porema Ltd, at the same address — 22 Northumberland Road, Dublin 4. Greenfield had a representative office in the Netherlands, located at Langestraat 101-A, 1211 GX Hilversum. It also for a period had a RO in Minsk, Belarus, but this was closed as early as 2009. Former director and company chair Anne McClain resigned in 2010 after she was made aware of the conduct of the company's affairs by its CEO Michael Rietveld and Director of Strategy James Kennedy, real name James McCann and a notorious fraudster, drugs trafficker and arms smuggler. As Irish law requires two directors, she was replaced by another Dutch national, Alexander Schotten. His LinkedIn profile lists him as owner of Aguoro International.
