Memories

To many investors, Patrick Stapleton, and buddies of the erstwhile Edwafin is really no more than a sad memory. Yes, of course, the lawyers are still ravenously pursuing the matter to extract the last drop of blood from the dried-out carcass.
So, I wasn't going to do too much blogging about it anymore; let's face it our good old South African legal system  has again proven that we are in darkest Africa. And all the time, effort put in by Officer (I forgot which one it was - lieutenant, inspector, sergeant general? ) Sherrif and mates - all the promises; the retired judge's stern opinion of having them arrested immediately. Special trips for the interviews; long reams of paper and reports. And so on, and so on, and so on...
Every now and then there is still old anonymous who draws the attention to a matter. This fascinates me though:
There is still an Edwafin webpage, with some lonely guy prattling away about his innocence, threatening the investors and ex-staffers with hell and damnation. For one moment I thought that was in a lunatic asylum but when I looked outside I saw the stars and realized that it must be the approaching 2012 apocalypse that is causing this man so much anguish and emotional pain.
Really, old mate, if you want to make good, apologize to the people who you bankrupted - if you can give the old retiree or widow that placed so much trust in your ability to look after their money, some of the cash you want to spend on other vultures, then it is money well spent. Now you want to run to the flubble-cheek kissers again. Tut-tut-tut. None of them are going to succeed in making you look innocent - first the people's money, then your threats; where is it all going to end?
Let's be honest now, you have proven that you are an absolute dismal businessman, deplorable human being, you have shown how sparingly you apply the truth, now you are in the process of showing us all the worst you can be - totally devoid of anything, not even a bit of Dark Matter.

Of course if your incessant prattle on the website of  a bankrupt company gives you tickles - carry on...

La-La Land and the sleeping doltations

Well, well. You didn't think I would be back then, did you? I'm still around but the Edwafin thing became a real dull subject too spent too much time on. But then, the abuse, oh - the abuse that came from the anonymouses was at time hilarious. It seems that the snippets of information I provided now and then was really addictive and that the withdrawl symptoms was really too much to bear for some of you.

A major withdrawler was old Patrick Stapleton himself. It became so bad that he started a kind of blog-thingy for himself. A few weeks ago when I discovered his new/old site www.edwafin.co.za I though it was a historical remnant - a  fluke of hyperspace, hanging around like a ghost not wanting to give up - well - the ghost. You see at the time I could have sworn that the articles were written in present tense - as if Edwafin was an ongoing, flourishing enterprise.

This morning an anonymous submitted the link to the site again and, by Jove,  the tense has been changed to reflect the past. Here it is again: www.edwafin.co.za.

In typical patricksonian prattle, our friend makes the profound statement that most of the commentators on this blog (I presume), are unknown to them - Patrick and friends one presumes. Now isn't that a coincidence, as almost all the commentators to this blog have been anonymous.

Then he goes on and on and on about how stable Edwafin was, on how steady the financial footing was before we all discovered that the cash box had been emptied. Anyway, one need not repeat the whole sickness here as everyone so inclined to go and read Patrick's version on the site give above.

Then ...

Of course for the sake of balance and fairness we must also read about the other side of the story. And that is acutely summarized in an article in IOL of 24 June 2010. Go and read it here, but please let me have the pleasure of quoting the judges opinion following the judicial inquiry. Here we go:

The judge concluded:

That the company was running a Ponzi scheme, "in itself a fraudulent transaction rendering every director who was a party to it liable for the losses suffered".

That certain non-disclosures by Stapleton rendered him liable to be prosecuted criminally.

That Stapleton had committed tax fraud in that Edwafin regularly paid into a close corporation in his name more than R100 000 that was not reflected in the company's balance sheet.

That Hutchinson and former director Myrtle Winchester were liable to repay directors' fees unlawfully paid to a trust and close corporation.

Attempts to "right size" Edwafin's balance sheet to make it more attractive to investors were fraudulent.

That the directors had committed a "most serious fraud" by making false statements in the prospectuses, among them that one of its subsidiaries, Rainbow Paints, was in "good health" when it was "hopelessly insolvent".

That Edwafin's bankers had a "prima facie" case to meet and could be liable for the entire R230m loss.

That Edwafin's auditors and attorneys, by lending their names to the prospectuses, could also be liable for investors' losses.

Patrick, man it has been such a long time since you actually contributed to these pages. This is an open invitation, if you have anything to defend, to state your case to those that you owe so much. Please, present your case here instead of making wild statements of high-powered lawyers and civil actions against poor old anonymous. Let us be honest, Edwafin has been liquidated under circumstances that the judge found most irregular - do you still have a case to present under the logo of Edwafin, while it no longer has life?

Huff - Puff. My woolies over thine eyes

PS. Patrick you spelled my name wrong in your search keywords

A special request

After some silence I have a quick one for those who are still following the Edwafin saga. I was asked to publish the following (5th) circular from the liquidators on this blog. It is important that as many investors as possible attend the meeting.


Dear Potential creditors

EDWAFIN INVESTMENT HOLDINGS LTD (In Liquidation)

Masters reference : N74/09

We confirm that no creditors have proved claims at this stage, purely because there is a danger of a contribution being paid by Creditors proving claims.

This letter is addressed to all potential creditors inviting them to an urgent confidential informal meeting to take place at Hillcrest Primary School (situate at 17 Emoyeni Drive, Hillcrest, ph : 031 – 7653252) on Wednesday the 23^rd of June 2010 at 10h00.  All potential creditors are urged to attend the meeting, to consider, inter alia, the following :

1.             a confidential report to be tabled at the meeting by the joint liquidators;

2.             the continuation of the Section 417 / 418 enquiry, the costs and effect thereof;

3.             the possible litigation against third parties;

4.             the funding of pursuing the claims as contained in the confidential report.

The meeting is an informal creditors meeting because no creditors have proved claims thus far.

This is the last opportunity that creditors will have to consider pursing any recovery and you are requested to attend the meeting to provide the Joint liquidators with your input and directions.

			Berrangé Incorporated Attorneys, Conveyancers & Notaries

Before I speak about the law, let me quickly enlighten you about an aspect of suburban life that has a mixed value of bemusement and amusement for me.
Most of you will have heard about Schroedinger's cat. In short, this imaginary feline sits in a box being both alive and dead at the same time - in a state quantum indetermination - waiting for someone to open the box and observe it to be either definitely dead or definitely alive. Likewise we have no idea whether it is meowing, purring, licking its paws, or essentially in a state of smelly rot. The basic idea is, that it depends on the laws of quantum physics whether either of the mentioned states is found when the box is opened. Until this happens the kitten is in a combined state of purring, meowing and smelly rottenness.

In South Africa, however, we don't even need to place kitty in a box to observe the unknown state of a situation: you only need to approach one of those teeny roundabouts that one finds in the suburbs. In fact these phenomena of our road make available not two, but three possible states of indetermination - states that you won't know before you actually arrive at the little circle and observe another car that arrives there at the same time. The first is a simple event, is that car coming from the left that cuts right in front of you without taking the trouble of following the rules of the land by going around the teeny circle. If it is a 4x4 they may even drive right across the middle circular hump. Schroedinger made no allowance for this kind of phenomena, which we shall simply call the cranium voidal state.

The other options are somewhat more complex and depends on what you expect of the other car from the left, what he/she expects from you, what you think he/she expects and what he/she expects you will expect. Yes ... I know ... the country's road-law states that the guy entering from the right has the right of way, but as we know, in our little heap of soil, everybody regards him/herself to have the right of way, and laws are there for the ruling party to formulate at moments of seemingly unending idleness [at times they may also keep themselves occupied by copiously contributing to the state of over-population of the planet, and that this is a good thing to do is shown by the important figures who so joyfully participate in this activity in between the formulation (yes, I know you read fornication) of laws.] So if you are a descent law abiding driver, there is the possibility that you will drive within the legal guidelines, if the other guy feels similarly about matters. If not, ... well, then there is always Schroedinger's cat - is it meowing or exuding pongs of death.

Talking about cats, some of you may have noticed that we have rat-sniffers amongst us. True, I have been aware of the rats in our small community, but really, now we have sniffers as well!! Nevertheless, I wanted to write to my blog for some time now, and the sniffer merely inspired me to report back to you about my exciting Thursday, last week.

You see, I saw the sheriff. Yep, shook his hand and chatted with him another NPA personage - a superintendent nogal.

For those of you who are under the impression that not much is happening - that is only the way it seems to be. Things are really happening, only it is not happening very fast.

Mr Sherriff of the NPA is currently visiting Gauteng and we had an appointment last week in Randburg, where I dutifully went and gave my declaration under oath, as well as a good number of copies of my correspondence with Lord Patrick.

I met Mr Sherriff and a Superintendent at the Randburg Inn which, coincidently, has the smallest little swimming pool in the Southern Hemisphere - it is absolutely tiny and too cute for words - So that's all I'll say about it.

IMPORTANT
In short the message is that the investigations are ongoing and will probably continue until sometime in September. There are about 1400 investors to interview and that takes time to do properly as the NPA gents wanted to be as well prepared as can be. The NPA is also working closely with the liquidators and are also awaiting the report by the retired judge who chaired the recent private investigation [I'm still not very happy about the covertness of it all, but then who am I to judge - no pun here]. My impression is that the main Edwafin culprits are not going to get away scot-free, especially since some of their cohorts will also be aiding the state as witnesses.

Can we now begin to talk tentatively about Edwafin's fat cats? Come the end of the year, will we see them in a box, or will they continue their purring and spinning from behind the high-class 4 x 4's, visiting the local Fruit & Veg? Let's not forget that the DMA is still sprouting financial wisdom to all that have been born with a sucker gene. But then, my genes were also suckered by the financial enticement of hopefully-soon-to-be-behind-bars P & B.

Take care when you approach the round-about.

And the scum foams wherever you rest your eyes

Last week we had a brief look at the liquidators' self-righteous and exclusive possession of the Edwafin saga. We have to ever so slightly honest about the matter:  the little bit of money that might still have been left in the Edwafin cash-box is being plundered by them, and we are being excluded from the process. What I find most wondrous of this kind of situation is that they proudly announce the appointment of a retired judge, and then equally matter-of-factually announce that the enquiry would be private and secret. Without explanations, rhyme or reason.

But for us, living here in the southern part of the African continent, such unexplained secrecy should come as no surprise. We have become so used to this style of activity when people have thingies in their little cupboard to hide, that we hardly blink twice about it.

Now, you folks should know by now that I have a spirit-filled respect for the human reality, but they don't fill me with awe. So putting a retired judge at the head of an enquiry does not fill me necessarily with confidence. Let us assume that he was born normally - like all of us - and that the ensuing rest of his life was perhaps a model of respectability, honesty and sincerity. The question that now weighs heavily on my youngish soul is "why would such an honourable, retired person be part of such a deplorably secret situation?" I suspect that the folks in charge of things such the consequences of human shortcomings, tend to lose touch with the reality - the victims of the human-on-human abuse. So what do  you do, when you can't handle the reality? - you just leave them out. Of course, in view of the lack imposed information by those entrusted with our affairs, they have no reason to complain when we, the victims, drawing our own conclusions - as they surely, and self-righteously will.

It thus that I received an email from an admirer that brought back memories. Remember those early days, when there still was uncertainty about the liquidation of Edwafin? During those historical days, I had occasion to communicate with the offices of attorney, A Geyser, orf rather with one lady in his office.

Mr Geysers came back to life in the email containing the following link: THE CRIMINAL CONVICTION OF ATTORNEY ANDRIES GEYSER.htm. Go fetch, Sibi, go fetch!

And I keep trying to convince people that the universe is not a clown.

To make new friends is to encounter part of your alter-ego

Last week we received a cryptic anonymous about Upward Spirals' Gary van den Heever, with an challenge to find this "person" that has meaning for us as Edwafiners, and whom can be found amongst the friends of Gary.

Hey, it took me a while, but there amongst the multitude of Gary's Facebook friends I found Don Hutchinson in all his glory.I must say he is a magnificent specimen, a well-fed operator, and in my imagination I could see the meat-juices and oiliness of the many lunches and dinners, enjoyed out our investments dribbling from his jowls. The alternative of The Pair, Patrick, is similarly a gleaming specimen of good, well-fed health, but alas he has not made it to Gary's friendship page yet.

Before I give you the wrong impression, I do not wish to throw any aspersions on Gary. He seems like a nice above-board gentlemen, who is seemingly very popular and a man of many achievements. That their  pward Spiral web site won't win any prizes, is neither here nor there but perhaps as their business growths, as I suspect it will, that may improve as well. What Gary perhaps does not know, is that he has a lurker amongst his many friends. There in all his patheticism, Don beams amongst the many other beautiful people on Gary's web site. Perhaps it is time that Gary has a look at our blog so that he can discover who has so surreptitiously infiltrated his circle of friends.

So I asked Gary to be my friend on Facebook and he accepted! Now I think that is gregarious and I am very happy. You see, it appear that Gary has a certain fondness for the music I share with him, as well as fast cars. Well my fast car is driven by wify, but she is fast, I tell you, make no mistake.

Then I thought, since he is on Facebook as well, let me ask Don if I can be a friend of his as well. Let's face it, back in the days, I also invited Patrick to have a cup of coffee with me - mainly to discuss what we would do in our next life. But Don has been mum until now. You see, Don does not like people - yes, that's true, he likes their money, and the oily dribble down along his cheeks and down his chin (oops! a number of chins I should say), but he definitely does not like the people.

I have learnt to look at life anew every day, and appreciate something beautiful in life. Today's beauty: the fact that two boys, Patrick Stapleton and Don Hutchinson, who made such a devastating fiasco of managing R128,000,000 of other peoples money, have now set themselves up to give advice to others on how to manage their money in the newly but old named DMC. And at the other end of the universe an Angle looses a white, bright feather, while holding his tummy with mirth.

It's a good thing we are devoid of feathers, otherwise Don and Patrick would find ways to pluck them as well - if an Angle at the edge of the universe is not safe, we would have been plucked naked by now - or are we?

Not in my back pocket

When I opened this blog to submit the below, I was reminded of the days when it was hyper-important for me to have a comb in my back pocket. You see, the hair had to be perfect as I thought that that would be a good impression on the ladies.

I never realized, of course, that the state of my hair had nothing to do with the potentiality of a good time but nevertheless, the comb served me well. Of course more important was the state of the hair of the lady - but when young, one tends to be vain.

Today, I realized that I haven't needed a comb for many years now. Yes, so now and then a brush for the above-ear fluff. More important: I have realized that the state of the top of one's head has little influence on the appeal. At least not for me, while I wipe my gleaming patch.

Unlike my comb, I had not forgotten about you, and meant to write a few times already but family crises prevented frivolities. However, today arrived an E-mail from a person that looks like this:

Please could you send an email to all Edwafin Investors asking them the following as I think it will be better if the email comes from you.


If any of you did your investment in 2004 to 2006 I need to know if any of you have the document that indicated insurance cover from Lloyds of London or the 2 or 3 page document that indicated insurance cover from Investec which was provided when Patrick advised the cover had moved from Lloyds of London to Investec.
Investors were told the capital was covered by Lloyds of London and then later Investec.
If you have these documents in your possession please can you let me know as soon as possible?


They can email you and if you do not mind you could let me know if you have any positive response.

Kind Regards

For those who would like to participate, my E-mail address is mkoppers@chromatique.com.

Goody-goody

I found the Sherrif!!!!!!!!!!!!!!!!!

It's a bit late already but I thought to leave you a nighty-nighty note.

Via one of our stalwarts, I got a message today that she had spoken to Len Sherrif, and that I should also try to get hold of him.

So I picked up the phone, and voilà, there was Len Sherrif on the phone. In a way I was so flabbergasted by the unexpected encounter, that I fumbled through the whole telephonic conversation - and I'm not often at a loss for words. So what was said:

Len Sherrif is still on top of the game planning to interview a good number of investors, and November is the turn of us here in upper-Gauteng. Yes, you down in Natal and the Cape, there is a place on this round planet called Gauteng, and I live here - I might not be impressed with that fact, but hey, what can I do. At least we have little Pretoria here.

After all that fluff: there is still hope for action.

Zzzzzzzzzzzzzzzzzzzzzzzz

Has anyone seen the Sherrif?

I know I have been neglecting you, but then there was so little to say. One lonely anonymous begged for some news, and I have a teeny-weeny bit to give you.

Some weeks ago I contacted Mr Sherrif of the NPA with the intention of providing him with the details of those who's details I have. The idea was that he would then contact each of you and possible get a statement from you to use in a possible case against the Edwafin directors. At that moment he was in meeting, and in a friendly manner asked me to send him an sms with my contact details so that he could contact me back when he was free.

I did that.

No, he didn't

I tried again to contact him but have not had much success, but will try again. Perhaps some of you can also try and if you do get hold of him, tell him that he was going to call Mario.

We also got a note from an anonymous stating that the Edwafin liquidation site was down. Well it might have been down, but in this reality it is back up again. However, it is the most stupendously boring site on the web. There is nothing new and the last bit of circular on there is the second circular of early August. If you want to go and look, go here: http://www.edwafinliquidation.co.za.

I have also tried to keep track of the Stapletons, Hutchinsons and Gardiners amongst others, but there is a conspiracy of silence on the planet. CIPRO's site seems to only have a façade, as none of its links deeper into the organisation website work. Three hoorays for happy South Africa, where crime and criminal seems to be protected game. 

Nevertheless, we shall persist and continue our diligent work behind the scene. You see, I suspect that the good folks mentioned above, are back at work brewing their evil plans. Anybody out there who wants to give a hand?

Ta-ta

Another one

Just a short one this morning - I am watching the stock market, and need to focus on the trades I made this morning - gamble, gamble.

Some contacted me to ask the email address of Mr Sherrif as they had trouble contacting him telephonically. It appears that Mr Sherrif has been inundated with investors calling him and is now suffering from popularity-shock syndrome. Please be patient, and try again during the course of next week. I have tried to call him myself, and got to speak to him while he was in a meeting - now I'm waiting for him to call me back.

Should he share his email address with my I shall publish it if it is in order with him, but this will probably happen next week.

Now something completely alien to Edwafin

Are you enjoying your medical aid? If you have any interest in this topic at all, please visit my other blog dealing with medical schemes and how they siphon your monthly salary dry: here it is (click me).

Our own volksmoeder

Ever since birth I have been fascinated by the female-group of our society. For me it is as if they frequently show a deeper wisdom and insight into certain matters, oh so frequently lacking in the testosterone world. You might not agree, and perhaps you are correct in saying that they are merely similar souls with a different style jacket but what, let me have my dreams and conjectures. Our Afrikaans speaking brethren have a concept called "Volks Moeder": Mother of the Nation, and I have no idea what they actually mean with doubts that they themselves know. To me it conjectures a large pack of wolfs all having one or two females as their alpha mother, or perhaps a queen ant, an unmovable clump of flesh giving birth (via eggs) to hundred teeny-weeny suckling ants - that is if ants suckle. I doubt, though, that that is what the Volks Vaders have in mind (and we will discuss them at a later date, when clarity returns to thought.)

Perhaps they have in mind those ladies, sturdy in disposition, who get things done in life and thereby benefiting others as well. Please forgive me for mumbling; my tongue is now so firmly in my cheek that I'm not sure if I can retrieve it again. Anyway, amongst our readers and within our group we have one lady who has been formidable amidst all the Edwafin to-do, that I would like to elevate her to the Queen of Edwafin Action, our own Edwafinian volksmoeder. She wrote me an email the day before yesterday to the Edwafin Class action group, and I would like to quote part of her email. It is self-explanatory and does not need any elaboration.

Oooh so excited I am!!!!

It seems Mr Sherrif has not left the NPA but
merely that building!!!!! (???)

What a great conversation I've just
had!!!! I'm sure you can feel my excitement!!!!

He wants to send the
Directors to jail!!!!! All hail Len for President!!!

Len Sherrif has
said he needs to get affidavits from every investor. He has asked that I give
out his new office number and mobile number to anyone I know of so that he can
get as much information as possible. I have an appointment to see him in person
tomorrow at 1pm.

Len Sherrif 031 325 4331 and 082 906 9168 he has
invited telephone calls anytime of the day or night. I'm sure it's fine if you
send it to all on your list.

He will be travelling around the country to
the various centres to get affidavits from investors.

In terms of a
state ordered Forensic Audit, he has said it is quite a process and he has to
have quite a bit of proof. He reckons he'll be ready towards the end of the year.

In terms of the Insurance Policy, Len (yes we're on first name terms)
reckons that the Liquidators do have a case to bring to the insurance company for
the R20 million payout (it may not be much but it's better than a poke in the
eye with a forked stick I say). Len has "unofficially" given a copy of Merle
Winchester's affidavit to the liquidators. Apparently she is a Section 20
witness, which means she won't be prosecuted (for now - but Len reserves the
right to prosecute her at a later stage) in exchange for her testimony which is
quite damaging and definitely confirms fraud and misrepresentation.

Now you will understand why my chest has grown to such an extent over the last days, that my shirts have popped, while I'm talking in my sleep about the "other woman" in my life, to my wife's chagrin.

She has done the preparatory work. So let's now act on it. What's that?.... Her name? ..... Heh heh heh heh .....

In view of the fact that this blog has become the focal point of some mal-adjusted individual(s) - it appears that the internet is a warm breeding ground for the sexually-ill and paedophile - anonymous submissions will no longer be accepted.

The blog will remain available for those good people who need access to information published here, and for in case more news becomes available.

Should you want to publish valid comments please become a member of the blog. I assume that the decent among you have no need at this stage to stay anonymous when making comments.

More succulent Grass for some at FSB

The other day my attention was so concerned with the comment of the various anonimi, that I totally forgot to tell you about the phone call that I received from the FSB's Lawrence. Lawrence, I should remind you, is the only person who responded readily and sensibly to our request for assistance in the Edwafin matter. Granted the powers of the FSB is limited in this matter, but he was always ready to speak to many of us who contacted him and showed that he was interested in the progress of the case.

Obviously, such a dapper and responsible attitude does not go unnoticed by the sphere of consciousness in which we find ourselves, and Lawrence is going to higher places in the world. I won't be so presumptuous as to divulge where he is going, but suffice it to say that one of the big banks will gobble him up into a good and responsible position.

Lawrence, thank you for your friendly, courteous and concerned help - you deserve good things in life and I for one am only too happy to know that you will no longer have to travel daily to that dreary building on the edge of Tshwane (of which Pretoria is a small part), near the old ghost house. Bon voyage with your new adventure!

So we come and we go, and one person who came into our awareness via Lawrence, is a retired gentleman from Brits (silly little town on the road to an even sillier Rustenburg, and about 100 km from me). This gentleman had invested all his retirement money with Edwafin and now, like all f us, has lost it all. At his ripe age he now has to do odd jobs to stay alive. He came to me, because he was not receiving any information from either, Ewafin, nor the liquidators, and I provided him with some basic insights and documents before he was on his way again by train back to silly old Brits.

Why do I mention this person - his name is unimportant - because he represents so many of you, and for whom I feel an intense empathy. Yes, many have lost money, but a good few of us will get by and stand up again. A good few, however, invested as part of a plan of sustaining a reasonable income from hard earned money. No matter what the very wise in our country say, your actions were not out of greed but stemmed from a number of possible choices and the one you chose was the option that presented you with the best vision for your future. It is unfortunate that some I-told-you-soers and shall-we-ever-learn-ers, see this as an opportunity for self aggrandizement, but pay them no heed as their snipes are not particularly aimed at you, but are an expression of their own limitations, fears and inferiority complexes. There are many other investors, who have also lost money, who have expressed outrage at the dire straits some of you now find yourself. However, careful thought will lead you to the conclusion that the universe always provides, and that it is our own believe in lack which is usually the thing that bowls us over emotionally, in other words not lack as such, but the though of lack is the unpleasant and often self-fulfilling aspect.

An apology

From the outset, I have been able to maintain my undertaking not to block any comments from this blog unless it contained threats of violence. There were a few commentators who requested that their comments not be published and I respected that. In one instance, I decided not to publish comments and those were the ones who cam from Carole Gardiner. Her nonsensical belligerence and personal attacks on other anonimi who she did not even know became a total waste of time and sullied the more-or-less respectability of this site. Even now, when I think about it, I still cannot believe that a person who led so many to the precipice of being wiped out, can be so callous, scorching, vindictive, self-righteous and psychopathic in nature. Anyway, she exited.

However, our recent excursion in psychopathy, shows that there is always a bent arrow in the bunch. I now realize that I should never have published the latest outburst from the anonymous interloper, and apologize for doing so. Following my blogged response it sent another comment making out that it was yet another anonymous speaking on behalf of the first anonymous purporting that he was not an investor who lost his money to "professional businessmen". Now go and make sense of that. Obviously, with this deliriousness, the story ends and no further comments by this person will be published. Seemingly it did not understand the phrase where I said it should perpetrate his fartisms on a site of his own. Petomania, pure petomania (go and read up in the dictionary what that means).

What concerns me more, though, is the high hopes so many Edwafin investors have in the process of liquidation. On the one hand, I understand that they are still hoping that some money may be found, and I hold thumbs along with them. However, since the final liquidation of Edwafin was granted based on the figures published in the first circular from the liquidators, I doubt that any money will be forthcoming from the liquidation process itself. Yes, there is the possibility that the inquest may bring some facts to light which may allow us to start a civil case against the (ex)directors, this is totally another process, and could imply that those wanting to do so would have to part with some more money. Whether there is any appetite for that, we'll have to wait and see.

It is interesting how, we the investors have shifted our hopes during this whole process. We focused on the DTI, SAVCA, CCN (I think), and FSB. All to no avail. Let's face it, if anybody was going to act on our behalf it should have been any or all of these bodies. Now, we have one last hope and we focus our attention of the liquidators. Pure folly, I tell you, pure folly. Liquidators are a peculiar group of bodies that belong to the highly remunerated mopper-uppers of society. Personally, it is my believe that such matters such as liquidations, funerals, and so forth should be handled by the state - society as a comprehensive group. Of course, we would still pay for these processes to take place via our taxes, and so it must be. Although loosing all your money or dying is essentially a highly personal affair, it is society at large who gets saddle with the repercussions and it should therefore be society collectively which should concern itself with the resolution of a end of existence scenario. So, for instance the state or its agents handle refuse collection - of various kinds, clean parks and streets etc. Yet, for those very sensitive areas in our existence bankruptcy and funerals we have to pay private bodies to do the cleaning up. Now, those who like to utter the word "greed", this is an ideal opportunity as pure "greed" is the motivation force behind these kinds of careers.

These cleaner-uppers are sometimes compared to vultures or maggots. In my mind it is unfair to compare the function in nature of vultures and maggots with these human sorts. Vultures and maggots clean up a mess once all that could be given has been given - that is their function in existence. Liquidators and funeral directors require you to pay some more, and more, and more. They make a good living off of it, probably better than some of us who have lost essentially everything. Somehow I think it is one of the more sickening aspects of human society that allows some to thrive on the misfortunes of others. In many ways these things are found mainly in Western cultures. In many other cultures liquidations just do not take place as debts are simply forgiven, the perpetrators of such losses often put to death or behind bars, and funerals are social events managed by the elders of such societies. My, My, how far we have strayed from decency.

Peek-a-Booo!!!

It wasn't my intention to write to this blog today as I have been busy with very pleasurable matters. But then the universe has a way of pointing one into a direction and telling you that it would be wiser to listen up.

Why have I been so silent? The reasons are multiple and simple:

• I have had better and pleasant things to do.
• There is an absolute aridity of news from the liquidators. The reasons may also be many fold here: 1) they are not responsible to the investors, and any communications from them is possibly pure kindness. Their current boss in this matter is the state. 2) there is possibly not much money to become excited about, and it could very well be that they are themselves somewhat long in the teeth about the whole Edwafin case. Let's face it, if there is no more money, who is going to pay the liquidators? 3) They could just be rather unfriendly folk. 4) The liquidators may have very little news to share, and may, like us, be waiting for the end of August when the inquiry takes place. 5) Perhaps there is a hiatus in space that prevent data from moving in the correct direction. 6) there might be a black hole nearby which is warping space and sucking all information into itself. In fact in view of the anonymous comment discussed further on, I think that black hole scenario is definately true.
  
• Essentially, my wife and I have accepted our loss, and unless there is a possibility of undertaking a class action, there is very little to do.
• We are busy working on making a new batch of money - it's fun and you should all try it.

There is one anonymous who seems to rule the world with his/her tongue, and asks why the liquidators are so quiet, and is seemingly under the impression that Stapleton and good comrades have stashed our money somewhere. This person has already asked this question on a number of occasions, but seems to refuse the speculations by myself and other anonymouses. Personally, I think the money has been spent, wasted, eaten squandered, spent on women of ill-repute, given to charity - take your pick. Possibly they have some stashed away, and if anonymous knows anything, he/she should come forward with the information instead of shouting every so often over the stratosphere. Also, please wait until the inquiry has been done and the liquidators have had a chance to report their findings. Shouting on blogs will not make the time go faster, but will merely confuse your hormones into not knowing whether you are a cool person or not.

Take two
Then there was a second anonymous today. You know when I decided to visit planet earth, the universe warned me that I will fin platypuses here (a curious mixture of duck, mammal and something else with a sharp, poisenous claw) as well as an archetype called irritating, foolish, idiot. Well folks, you have just met that person. We will refer to him by an acronym: IFI.

IFI, this is just for you. If you have been following this blog, you will know that the original intention of starting these pages was to get my money back. That did not succeed, IFI, but in the process I realized that others were in the same boat, and it brought some emotional relieve to myself and hopefully to others as well. Yes, we have had the odd pain-in-the-butt characters, and you can count yourself as one of them.

By starting a blog, I did not accept responsibility to keep you informed about anything, get your money back or act as an activist on your behalf. In the process - I realize - I did manage to share the information that I did have with others or disseminate information others might have had. If that is not enough then please depart from our midst and find your own way through life on the surface of Maia.

I am not paid for maintaining this blog, and do so purely for pleasure and perhaps for some social interaction. Since you have not paid any dues, and I am in no way obliged to you or any other soul on this planet, I find your comment absolutely idiotic, incomprehensibly shortsighted, unintelligent and plainly moronic. If you have so much to say with your empty blabber, start your own blog, and do your fart sessions there - that is if someone will be ready to listen to your blubber mouthing.

Please, please, do yourself a favour. Once someone has told you that your IQ level is lowish, try to improve on the matter instead of prancing the whole world with your empty brain cavity.

Finally, take a hint from the cowboy movies of old: the poorest shots are always killed first in a duel. Rest in peace.

To the other nice people out there: I'm not ready to give up the blog quit yet, but we could perhaps agree that the worst news is in, and that we are merely clearing out the cabinets now. Please understand that I will report any valid news that becomes available to me and that, like you, I'm waiting for the end of August to see what the next step will be - if any. In the meantime, I will not write blogs so regularly anymore - unlerss there is news of course.

A short one

Due karmatic upheavals and general planetary dissatisfaction, I will keep this one short and to the point.

Like most of you, if not all of you, I had hoped to hear something from those good people, the liquidators, following the date of 2 June. Alas, nothing, and that in spite of the so-called website where we would be kept appraised of the situation.

Thus, I phoned liquidators Berrange, and fellow-legal guys and that was like pulling teeth - horse teeth. I wanted to know whether Edwafin had been placed under permanent liquidation on 2 June: Yes, they have. Further response was that I should contact one of the other fellow-liquidators for further information, as they, Berrange, only deal with the litigation side. and not with the investors.

When I told him, the guy who I think I spoke to, that we were interested in any illegalities that might have taken place and Edwafin, I was promply transferred to Mr Berrange's secretary. Now, I don't know if it merely my state of mind, or if it might be the sea-breeze in Durbs, but chewing through tough toffee is easier.

Eventually I was informed that there would be a proper inquest towards the end of August, when all the necessary parties would be required to testify. The date is not set. It would also appear that they might as well not have opened a webpage for this purpose, as they are plainly useless at it. I think that there is not enough money in the pot to warrant special favours of communication with the investors.

If you need to have a shitty day, please phone the liquidators.

Binary dogs and Hadidas

You see, by abstaining from my duties, I had hoped to make your hearts fonder for me. Not so, it seems. Yes, a few impatient comments about Edwafin getting to me etc. - how rude! I'm nevertheless rather disappointed that there were not more yowls from yearning hearts - shame on you all.

There is a perfectly sensible explanation, though, or actually more than one. Firstly, there was no news because there was no news. There was no news, second instance, because all the investigations are still ongoing, and the class action thing has also ground to a temporary stop because of that. Makes sense, doesn't it? The liquidators should apparently have their act in place for the application of a permanent liquidation early in July (that means within the next week or two). By then we will also know what our next step forward should be.

Secondly. Remember the days when you were young(er) and fell in love with every dog, tree and parrot that appeared in your reality. Well, I have been similarly consumed with writing a computer program for trading with Spread Trading instruments. This has now gone on for a few weeks, and my laptop sleeps next to my bed, so that when I wake up early on these wintry days, it is there ready for a cuddle and a caressing stroke. Wify, Gigi and Pedro are not impressed, and can't wait for me to finish my electronic marvel.

Thirdly. I've had it with winter, so has my vegetable patch. It is time that winter no longer exists in my reality, and I'm working on that aspect of our consciousness. Of course with the creeping global warming, I will soon have achieved my aims.

I did speak to a rather amicable person of the NPA (National Prosecuting Authority) and he informed me that they were also still busy with their investigations and working closely with the liquidators. That good soul invited me to contact him on a regular basis to become enlightened, and I will. As far as I'm concerned, the liquidators themselves can go and hop: they are not acting on my behalf, but purely on behalf of their own business plan. For those of you who have high hopes to gain any benefits from their work - don't. The only "good" that may come from them is perhaps information which could allow the NPA to begin prosecuting. In that regard, I'm beginning to wonder if that is all worth the while. How much negativity must we generate in order to satisfy our ego. This you can only answer for yourself though. The alternative is to try and get one's live back on some kind of track, and work on neutralizing a wobbly Karma.

So on with business.
Recently I was reminded that quadrupeds had been declared as sentient beings by the European community. Amazing, I though. Only we, humans have assumed the power to imbue animals with souls or not. So currently, animals in the RSA do not have souls, but should you move with your dog or cat to England, then, mysteriously, it is imbued with a soul somewhere over the Atlantic. Birds, pet snakes, gold fish, turantuallas and so on, you might as well leave here for there is no difference for them, unless we humans get inspired to allow soulism to animals with legs <>4.

Arrogant, some would say, arrogant. Then there are those, of course, who regardless deny that animals have consciousness and feelings etc. It has been my experience, that exactly those denialists are the same people would would not flinch to exact pain on an animal (or hmans for that matter). Now why, would they do that: to experience pleasure of course. They do not realize that by being sadistic with an animal they are really acknowledging the fact that animals are sentient, but would hold their denial of this fact as a good reason for inflicting pain on another being.

Animals are really digital beings, and do not always follow our logic, with our two legs -if that was not also taken from you by Edwafin. For example, we have three conditions of being: lying down - feet do not touch the ground, sitting: bum on a platform, feet touching or not touching the ground, or standing: both feet firmly on the ground. Should you be an angle, you will have a fourth state of being, and that is being suspended in the air by your wings.

Dogs and cats, and so on, have a complex system of being, that may be likened by a binary system: front paws and back paws. When both the front paws and back paws are on the ground with all four legs straight, they are standing and that may be represented by the binary number 11 (3 in decimal). When these creatures lie down their legs are no longer straight and the are prone on the floor, represented by the binary number 00 (0 in decimal). Thus we have two basic positions standing (11(bin) or 3(dec)) or lying down (00(bin) or 0(dec)). Of course we love to project our humanness on to animals, and therefore have collectively decided that cats and dogs sit as well, and so we completely miss the reality target! By binary manipulation these animals have two states in between lying down and standing, shown by the binary numbers 01 (1 in decimal) or 10 (2 indecimal). In case of 01, the hind legs are lying down, while the fore legs are standing, or lyanding posture - we eroneously call this sitting. In the second case the the front end is lying down and the back end remains standing, bin:10 (2 in decimal) - this posture is usually found with cats and dogs in a playful stance, and may be called standying.

To summerize the above, quadrupeds, therefore have four conditions of posture: fully standing (11 or 3), standying down (10 or 2), lyanding (01 or 1), and completely lying down (00 or 0). [Human beings are more complex and use a ternary system: 0 = lying down; 1= sitting; 2 = standing. Angels use a quaternary system, with 3=hovering]. Always keep in mind that a zero in these systems, always means the first state. So for instance we have ten numbers in the collection starting from 0 to 9.

Let us now add the element of fear in the form of a male Bulldog which (whom?) might have a hot or a cold nose. If it has a warm nose we give it value BD=1, otherwise with a cold nose, BD = 0. The fear is observed in the two lady Poodles standing on the pavement (walking being essentially standing with movement in some direction.) These two ladies are collectively in a state of P=11 (3 decimal). The two lady Poodles see the hefty Bull dog, and they both have a secret crush on him. Not to be embarres in public, the one Poodle says to the other Poodle "sit down, here comes that Bulldog with the cold nose." Then both take on the 01 (1 in decimal) position.

This we can mathematically show that when BD = 1 (warm) then P=11(standing), but when BD = 0 (cold) then P = 01 (lyanding).

Thus we have proven that 1) Dogs cannot sit, but do something we now have a word for: lyanding, and 2) cold Bulldog noses lead to one of these in between states. Of course when the nose of said Bulldog is warm, it may very well lead to the other in between states of 10 (standing) - the sluts!

Creating Reality as we go along

A version of the uncertainty principle is: "the observer always interferes with the phenomenon under observation". This is merely stating what many spiritual thinkers already know: you are, at least partially, responsible for the reality that you are observing or experiencing. When investing money, you become an observer, but also people on the sidelines become observers. We all become observers of each other's actions. Some observers are neutral, and just observe. However, there are those who observe with biased interest. yes, you have got it, those folks who like to tell you: "I told you so." One wonders if the group sentiment does not often cause the situations such as the one, we the investors, now find ourselves in. After having invested with Edwafin, I read about journalist Vic's warning about the dangers of such investments. Too late, of course, but the seed had been sown, and my subconscious did the rest: I had become one of the observers of the demise of 4000/1400 (take your pick) investors, as the possibility of a bad outcome constantly plagued my mind.

Let us now take the exercise a step further and we have a bit of a conundrum. In our experiment we start with one observer of a phenomena:

A observers phenomena X and exerts an affect

then we add another experiment with another observer:
B observes [A observers phenomena; exerts an affect]; exerts affect

we repeat this experiment with observer C, thus:
C observes {B observes [A observers phenomena; exerts an affect]; exerts affect} exerts affect

and again we do another experiment in which:
D observes (C observes {B observes [A observers phenomena; exerts affect]; exerts affect} exerts affect); exerts affect

And now I'm clean out of dissimilar brackets, so we will stop at this point. However, the point is clear: ultimately, the last say seems to be with D, and his creativity could ultimately overrule those of C, B, and A. Unfortunately, C, B and A are not always aware that D has been around to influence their life, nor would they like to admit that somehow they have handed over control over their lives to another - that is, until matters go pear-shaped. Of course this happens when one abdicates one's responsibility for one's own existence to other influences and other awarenesses of reality. Some would call it the blame-game.

I suppose it to happen at some time or other. Yes, some of the directors of Edwafin have spoken out. No, I didn't mean that they said anything, I said they spoke out - slight difference there. Some of the other directors have wisely kept their silence, lest they utter unintelligentias. Let's face it, we as human being just love making sounds with our mouths - the more the better. Whether such noises actually mean anything or are pertinent, is beside the point. Let's take the to-and-throw between Carole and Patrick for instance: Is anybody any the wiser? If you are, please inform me poste-haste. As far as I'm concerned their sputtering compares to the pointless gargling of my ex-wife: a horrible cacophony but does not reduce the stink. These folks have messed up big time, but always remain within the framework of human creative collective thought, they have, like all of us, no option in this respect. So, to be quite fair, they are mere instruments in the greater creative structures of the universe.

In our experiment above, observer A is unaware of the influence exerted on the experiment by observers, B, C, and D, and therefore are at a loss for words as to why the situation came about the way it did. Because of the lack of a logical explanation, we start looking for extremes and illogical reasons why things happened as they did (in the meantime D is chuckling in his sleeve [I told you so]). So enter Carole and Patrick (the other directors are seemingly still searching for words, or know that they are at least partially responsible for the mess we find ourselves in.)

Carole's statement first. Again she cannot neglect to state that she also has lost money in the venture. Now, does anybody out there feel better knowing Carole has lost money as well. Let's face it she collected the money, and continued to do so after she had resigned and had been asked to stay on. The reasons were purely for financial reasons. Well, obviously, not so? So while she was clearly aware of the difficulties the company found itself in (that is why she resigned to begin with), she continued collecting a salary nevertheless. How convenient it is to say, after the fact, that Patrick took everybody for a ride - pure patheticism, and this from someone who would otherwise maintain that she is an intelligent person. Must be, otherwise she would not have made herself available for the various roles she played in the company, even a CEO of Edwafin.

The extent to which Carole was aware of the troubles at Edwafin is born out by the fact that she suggested a debt-consolidation company. Now, if I had not known that this was straight from the horse's mouth, I would find it astounding: as I said before "first we help to get you in debt, and then when there is no more sugar in the pot, we will help you reorganize your life." It appears that Carole has taken her own suggestions seriously, now that the cookie has crumbled. Of course she did not intend for this service to be free, but one would have to pay the company for it should you require their service. The reader would agree that it is blatant and cunning and is all about getting your money, getting your money, getting your money, after she has got it from you all already.

She then admits:

"At that point I was trying to do anything that would generate enough cash to cover the salaries or rent," she said.

So she was quite aware that the company was in trouble and then admits that she continued to collect on behalf of the company to get money to pay for her own salary and office space! This is a beauty: "Patrick needed somebody to share the responsibility with." Hoola, Hoola, Hey! Don't look at what I did, but listen to what I say!

Then she goes on, hypothesizing about Patrick's role in the Puritan investment issue. You may remember that Carole accused this blog of rumouring and speculation. The same Carole who now blatantly adds to the rumours. No, Carole, not good enough. What I find so astoundingly amusing is that this lady has shown no remorse whatsoever for the losses of all those investors in which she had a hand extracting money from - it is all about herself. This is of course true for all the directors of Edwafin and subsidiaries. They have seemingly little empathy or regret for the investors whom they relieved of their money and is an indication of the callousness of these human beings. At least, some have been totally silent, but the loudest are talking the most and are merely being repetitive of empty utterances or semi truths, called splutterania.

Of course Patrick had to respond. He is one of those beings, that one hopes would rather keep his peace lest he makes a spectacle of himself. One-dimensional, I tell you, one-dimensional. True to himself he uttered again.

Again we have the story of the bad economic conditions. Again he refuses to admit that by August 2008 he had already squandered R200,000,000 of the investors money. Again he admits that he was running some kind of Ponzi scheme as no new investments came in to finance the existing debts. Again he hammers on about the DMC project as the saviour of Edwafin, which the liquidators have now shown is basically worth nothing (no reflection on the quality of the car, which is probably very high). Again he admits appointing someone to help get more money to finance the creditors account. Remember at the time he vehemently denied that the company was bankrupt. And then he tells us that as CEO of Edwafin, he had little to do with the overseas derivative. This from an educated, supposed to be, intelligent being who only has darkness surrounding him. Patrick, why not just admit that you are a pathetic businessman, in which honesty is hidden deep within your pant pockets.

Ignorant people, aren't we? Pathetic, aren't we? But it is all D's fault, we the observers and the observed.

Pictures lost and found

While sniffing through my computer digits I found pictures. These are the directors of Edwafin at the time when the Edwafin website went down:


El Bosso Grandioso
Patrick Stapleton






el bossa pequeno
Garth Stapleton



El Praying Mantissa
Rob Klynsmith








El Sneako
Bob Hutchinson








El Sneako Nuptialis
Sandra Hutchinson


La Innocente Totelaris
Carole Gardiner

And you thought I departed with my Harley

Since the publication of Patrick Stapleton's response to Carole Gardiner's interview, there have been a number of very irate individuals. One of these people is Debbie Chaplin, a previous employee at Edwafin. She has sent me various documents but has previously requested that I do not publish them. Today she gave Marc Ashton and me permission to publish them.

Beware, she is a mean letter writer, do not cross.

First the permission:
20090617 Debbie Chaplin Email Permission Then the various documents that she submitted. I won't comment but will allow you to read for yourselves:
20090613 Debbie Chaplin Email
and

20090613 Debbie Chaplin Email No 2