Of course Mr Stapleton's comment, and badly veiled threats were not very tasty. Yet, I decided not to react with force in return, but to request that our money be returned by us. Edwafin was now clearly in breach of its commitments, and we were entitled to our money. In view of Mr Stapleton's later arguments I would like to repeat his words from a previous email, where he clearly outlines when the company is in default:
* As I have pointed out to you we are not in breach of our prospectus nor have we ever been, even now in paying within 15 days from month end as is clearly stated in the prospectus. (Only then are we in breach) So we are not in breach and I pointed out it is a temporary problem. That is just about resolved.
The nature of the beast is now slowly revealing itself. The honourable, trustworthy EDWAFIN, smooth talks you into parting with your cash (frequently pension money of the elderly and the source of the only income they have), but when it comes to the push - shove: here is the letter of the law. Yet, as will be seen as we go along, these "legal letters" are not always perceived as being applicable equitably.
Thus my letter to Mr Stapleton:
Thus my letter to Mr Stapleton:
Non Payment of Interest 20081221
The reader must please take note that this is a pivotable point in our investment saga with EDWAFIN. We seriously want our money back. Nothing else has any further bearing on the matter. We don't care about Mr Stapleton's sincerety, the reliability of the company and how progressive and impressive it is. The bottom line is that we want our money back and are so entitled by the clauses of the prospectus.
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