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At the end of 2008, it became clear that investors had lost all their money invested in Edwafin. The company has been liquidated and R228 million has been lost. Are those who perpetrated this evil are regrouping to pounce on unsuspecting investors again? This blog will expose those who are responsible for the demise of Edwafin. The principle players are Patrick Stapleton, Don Hutchinson, Carole Gardiner, and Rob Klijnsmith
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Do not be fooled - this pretty picture is no longer so- the factory has been devoid of semi-built vehicles for months, the workers (save for 1 Pat Malone) have been retrenched, the offices vacant save for 4 idle space fillers, equipment and stock is 'disappearing' and not much else happening except for pie-in-the-sky talk of a mine vehicle.
Who will design the vehicle?
Who will build the vehicle?
How will they buy the parts?
Worth R128 Million? - sure, and Patrick Stapleton is just a good man who has been misunderstood...
- Still not holding my breath, but sick to my stomach nevertheless.
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