If you don’t know who Geosol are, they’re based out Brazil and claim to be

a company that started its activities in the summer of 53 in coal mines, and became a world leader in drilling services.

It is these drilling services that DFRF Enterpises CEO and Founder, Daniel Filho, claims to have previously hired the company to perform.

In a DFRF Enterprises marketing video tiled “#DFRF Enterprises – SGS GEOSOL And DFRF Enterprises LLC Clarifications” (auto-translate),  published to the YouTube channel “DFRF Enterprises Brazil” on March 4th, the video description reads as follows:

The #DFRF ENTERPRISES project arose due to security this project brings to its members, through a property on which it was made ​​possible to a survey by #GEOSOL, it is estimated that this property exists 750 tons of gold.

DFRF Enterprises claim that because of this survey, they were able to secure ‘
an insurance policy generating a letter of credit of $ 3.5 billion
‘.

At around the 1:30 mark in the video, a slide is put up further explaining the purported relationship between the two companies:

In the period from 06/11/04 to 20/11/0 (sic), geological surveys were made in the western part of the polygonal process to evaluate the potential of the area for gold mineralization.

The first analyzes of the available samples collected at the site were performed by competent GEOSOL Lakefield laboratory in Belo Horizonte, Minas Gerais, recognized as one of the best in the country.

Now Geosol do perform sample collection and analysis, and they do very much have a laboratory in Belo Horizonte, Minas Gerais in Brazil… but here’s the thing:

Geosol claim to have never performed any services for DFRF Enterprises, that being surveying or anything else.

In what appears to be a response to requests for further information from DFRF Enterprises investors, Geosol put up a notice of clarification on their website:

The notice, written in Portuguese, states:

Important Information:

In the face of untrue information found on various media, GEOSOL – Geology and polls SA wishes to inform that it
never issued a report and did not provide and has never provided services to DFRF Enterprises.

Therefore, any quotation videos or other media made by people linked to DFRF claiming as such are unfounded and
do not portray the truth. 
(our thanks to Joaldro Dalla Costa for the translation)

With Geosol claiming to have never performed any surveying for DFRF Enterprises, during 2004 or otherwise, questions about Filho’s claims of securing $3.5 billion credit based on the survey are raised.

Logically it follows that if Filho (right) has lied about Geosol performing surveys for DFRF, then he’s probably lying about securing billions in credit too.

Remember, this
is
the owner and operator of a scheme which promises a 15% monthly ROI…

Geosol’s clarification notice was published back in March, although we were only made aware of it recently.

Meanwhile The British Columbia Securities Commission

🤖 Quick Answer

Has Geosol publicly distanced itself from DFRF Enterprises?
Yes, Geosol has formally denied any current ties with DFRF Enterprises. The Brazilian drilling services company, established in 1953 and specializing in mining and drilling operations, rejected claims made by DFRF Enterprises CEO Daniel Filho regarding ongoing business relationships, despite marketing materials suggesting previous contractual arrangements.

What was the nature of the disputed relationship between the two companies?
DFRF Enterprises CEO Daniel Filho claimed to have previously hired Geosol for drilling services. A DFRF Enterprises marketing video titled "SGS GEOSOL and DFRF Enterprises LLC Clarifications," published on YouTube in March, referenced a property survey conducted by Geosol, estimating mineral reserves of approximately 750 tons on the surveyed land.

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