For those who haven't seen it yet, the 2nd liquidator's circular has become available, and I have included it below. Please read carefully as it tries to provide answers to many of our questions.
It seems that every time we have some news about the state of Edwafin, the news deteriorates. Ponder back to the statements made by Stapleton and co-creators of disastrous events in the universe. In between there was cute little Verona with some figures of her own that still gave us some hope of a small return. One wonders if she is spinning her tales somewhere else now or is she perhaps awaiting the re-emergence of the famous smoke-and-rubber creators? One wonders with abated breath.
There are some interesting point, and I refer to the matter of Rainbow Paints and the opinion of the liquidators that a forensic audit should take place. If you wondered, yes, they will need some extra cash, as old Patrick did not leave much behind to be liquidated with. The interesting question now is if the authorities will come to the rescue as the liquidators hope, and if the investors are so convinced of their case that they themselves will contribute towards such expenses. Wonders, wonders, wonderings - entropy at its maximum.
From the contacts I have had with other investors, it seems that some are willing to pay a bit extra, while others just simply have no money left. Of course, there are also those who are ingeniously hoping that others will take care of the bill. I wonder. mmmm ....
PS. There is a problem with the blog editor and it refuses to display the document on the blog. However, by clicking on the link below you will be taken directly to the Scribd page and will be able to view it there.
http://www.scribd.com/doc/18579936/20090812-Liquidator-Second-Circular
Friday, August 14, 2009
Subscribe to:
Post Comments (Atom)
2 comments:
More scavengers (Liquidators) added to the pot o' gold. I see no mention anywhere of the overseas money trail, I wonder why?
Perhaps if enough investors get hold of the Commercial Crime Unit and lay a complaint that might pressure the public prosecutor into doing some investigating.
Post a Comment