Showing posts with label patrick stapleton. Show all posts
Showing posts with label patrick stapleton. Show all posts

Wednesday, October 13, 2010

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

    Monday, February 8, 2010

    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.

    Monday, November 23, 2009

    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?

    Friday, November 20, 2009

    All the beautiful Edwafiners

    Of course, when the first leaves began stirring in the under-brush, a good many followed suit. After the new web  page of Stapleton and Hutchinson was inaugurated two days ago, many old (girl)friends looked up my email address and contributed more information.


    First of all, let me report back on my "welcome to our reality" message I sent to The Pair. Nothing, totally silent and devoid of living-substance. Very much like our Edwafin investments - totally, absolutely, and resolutely nothing. Now, can you imagine that.? I would have at least thought a "thank you for your warm welcome, and kind thoughts" would have been in order, but no - absolute solid heavy silence. "Oh well", I thought, "perhaps their site is yet an empty shell". But not so, as one in our midst, actually phoned the office phone of the sparkling new DMC, and spoke to Sandy, the other half of Don. So they are in office.


    Having mentioned the poorly designed website [really Patrick, your financial acumen is deplorable, but must you let your poor taste reflect on the Internet - shame on you now.], I wondered who the service provider would be, that would provide such a service to brittle fingers. And ... yet another girlie came to the rescue and supplied the following:


    ---------------------------------------------
    domain                 : dynamicmc.co.za
    registration date      : 2009-06-22
    expiry date            : 2010-06-01
    registrant             : Upward Spiral
    registrantpostaladdress: Unit 1, 18 Edendale Rd. Eastleigh. Edenvale.
    registrantstreetaddress: Unit 1, 18 Edendale Rd. Eastleigh. Edenvale.
    billingaccount         : Upward Spiral
    invoiceaddress         : Unit 1, 18 Edendale Rd. Eastleigh. Edenvale.
    registrantphone        : +27 11 609 7765 2k. Registrant Fax No. : +27 11
    registrantphone        : +27 11 609 7765 2k. Registrant Fax No. : +27 11
    registrantfax          : 
    admin                  : van den Heever, Gary
    admintitle             : Admin
    admincompany           : Upward Spiral
    adminpostaladdr        : Unit 1, 18 Edendale Rd. Eastleigh. Edenvale.
    adminphone             : +27 11 609 7765
    adminfax               : +27 11 609 7785
    tec                    : Stevens, Rowan
    tectitle               : Tech
    teccompany             : Upward Spiral
    tecpostaladdr          : 292 Thrush Avenue Boskriun 2188
    tecphone               : +27 11 792 3632
    tecfax                 : +27 11 609 7785
    primnsfqdn             : ns1.your-server.de
    secns1fqdn             : ns.second-ns.com
    secns2fqdn             : ns3.second-ns.de
    secns2ip               : 
    secns2ipv6             : 
    secns4fqdn             : 
    WIDTH=480 ALIGN=CENTER BGCOLOR=#B6D5E4>

     Yoopy-whoopy I thought, and immediately visited the Upward Spiral web site. Oh, deary, me. What a shambles it would be, in my best Shakespearian. The Upward Spiral has not yet taken off, and it is still firmly rooted to the earthy plane. They also have a most peculiar web site address http://www.us1007.co.za/ - go figure! There are just no names that can be connected to the management of the site. Oh yes, plenty of promises and wonderful visions of the future, but all hidden behind a wall of anonymity.They are actually erecting (sies! for those improper thoughts) their own towers. Naturally The Pair (Patrick and Don) have attached themselves to one of those erections, and now hope that it will spread the word about their sincerity with our money. The word "premature" comes to mind, if you catch my drift. Let's face is the NPA is still investigating the Edwafin matter, and at the prospects of the money of others, they have already latched themselves to somebody else's erection (you know what I mean - the tower, tsk, tsk, tsk.)


    The next best thing was to log on the site and join the forum. Thus bearded Mario duly filled in all the required spaces; confirmed via email that I wanted to join the forum, and was informed that the moderator would have to check me out. Well, folkies, he/she/it is still checking as silence is the state of existence from Upward Spiral - and these people purport to be specialists in electronic communications. Well, let's face it "soort soek soort."


    It is utter coincidence that Upward Spiral was last updated on 8 July 2009 (there is a peculiarity here as the original article was written on11 August - Einstein's ears are flapping as there are people who have actually mastered reverse time travel) while the new DMC came into existence around the same time. The quality of both sites seem to be on par - hey guys, like so many of you, I don't live even close to the seas, but it is surely getting smelly around here.


    We will snoop on, an I love your assistance.

    Wednesday, November 18, 2009

    May I speak on your behalf?


    <==== Patrick "I will abuse your money" Stapleton


    Well, well, after some time of silence, you get two blog entries on one day. Although the weather is rather peculiar up here in Gauties today, and it may even snow, by the feel of it, let me put your mind at ease. No, I don't have too much time on my hands, but I do feel that special events demand special attention.

    <==Don "oh, yes, yes, yes, your moneeeey, oooooh" Hutchinson


    You see, I was worried that Don and Patrick might think that they are out of mind of us all. Perhaps I speak for the majority of you, when I say that they are still part of our synaptic activities, and I felt it my duty to welcome them back in our midst. Thus, without too much pensation, I wrote them a quick email, just to welcome their return to the wild world of other people's moneys - call it financing a life-style if you want.


    This is what I said:
    Good old Patrick and Don


    Well, on behalf of all your previous investors I would like to give you a hearty welcome to the world of business and finance. There exists no doubt in my mind that this time round you will be equally as successful as you were with your Edwafin venture.


    Of course your progress shall be followed and reported on in the minutest detail. Yes, you may not have looked for a while, but the blog has taken on a life of its own and shall now include the reference to your new undertaking. Now, I wonder, which of the two of you has such a fascinating predilection for the concept of “dynamic” as it keeps bobbing to the surface of your schemes. We shall work on that one well, won’t we. Your new email address has been added to my blog list so that you will be automatically aware of what is being said about you – a refreshing thought no doubt.


    Oh, before I go. You are naturally inclined to throw all kinds of threats my way – don’t bother, as Patrick knows, I don’t scare easy.


    Yours sincerely


    Dr Mario Koppers
    You will have noticed that I used my social title, this is just to ensure them that my welcome note was official. No, I didn't use their titles - the ones they are entitled to - because that might just ban me from blogging on Google.


    Toodleloo

    Monday, September 14, 2009

    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

    Saturday, June 20, 2009

    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

    Saturday, June 13, 2009

    Patrick's dual logic: are we being fooled then?

    This morning I received a most interesting email - actually a few. Unfortunately, I'm not at liberty to publish these on this blog. However, nothing stops us from thinking aloud - of course thinking aloud is a contrary concept, as thinking is necessarily a non-noisy activity, and we are usually only aware of the results that thinking preceded. That is the reason why we have exclamations such as "What were you thinking!", "what do you think you are doing?", or why we often wonder if others are in the habit of thinking at all.

    One of the by-products of human activity is that we often confuse things that are different as being one and the same. Today's example are the concepts of thought versus logic. Most people, and it is only human, are of the opinion (in itself a thought) that if they are thinking a thought they are necessarily thinking logically. They are of course quite correct, because taken from one's immediate reality all thoughts are logical even if they do not follow outside that immediate reality. So, for instance we have the Newtownian logic of perspective, physical limits, and other natural laws. This seemed to have culminated in Einstein's law of relativity - the ultimate Newtownian law. A law simply becomes a premise of logic. For example, going faster than the speed of light is illogical, because Einstein's relativity theory does not allow for it.

    Have I said it before? Scientists are sneaks who apply Newtownian law and logic when it comes easy. When the universe presents them with events which contradict their logic, they first begin to splutter and stutter, and then blithly ignore what was before and state a new anti-logical law. Examples are the fact that two subatomic particles will react simultaneously to certain events, even if they were billions of miles apart - contradicts the speed of light; according to calculations there is not enough visible matter in the universe and there should be some kind of material, called dark matter, which fills the empty - huh?

    We have our own contradictator (joining contradiction with dictator) in our own reality. You guessed it: Patrick Stapleton, master of deceipts, contradictions and dual stream logic. What is dual stream logic. I have described it partially above. In a universe, such as ours, there is not just a single logic which says if a => b, b=>c then a => c. No, there are also other logics, and every social human construct has its own set of logic rules. We have debated this already in the past when we spoke about the logic of what is legal and what is socially correct.

    Unfortunately, we have the sluggers who sneakingly connect elements of one logic system with that of another logic system: dual stream logic.

    Let's take our current situation as an example. Hands up those of you who were told when signing the debenture contracts, that such debentures entitled you to a vote in proportion to your investment. There was, of course, none of that. You paid over your money, and understood that the management of Edwafin was going to use more money and pay you some of that (of course that did not happen but that is not under discussion here). Unlike when you buy shares, and you are given a shareholders vote in the running of the company, the sole responsibility for running a company with debentures, is with the directors. So let us get this clear, if you invested R200,000.00 nowhere on the contract did it stipulate that it was in any way understood that your investment was pro rata to anybody else's investment.

    Then two investors went to court; brave people, who preempted my own intentions. This is where the Patricksonian dual logic comes into play. The contractual obligation applicable to Edwafin is completely ignored when Patrick crosses over to public company logic. Suddenly his argument is not that the investors have rights, but that they only represent a small part of the total investment. Whereas the individual originally invested and signed the papers, they are totally ignored in favour of another surreptitiously substituted logic, in which you as human beings are displaced for the sake of argumentative expedience. How many bets that Patrick will follow this technique when confronted by the liquidators?

    Here is another one. First a quote from the dictionary:

    Ponzi scheme
    PRONUNCIATION: 'pän-zē-
    FUNCTION: noun
    ETYMOLOGY: Charles Ponzi †1949 American (Ital.-born) swindler
    DATE: 1973

    : an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks
    Yeees, you guessed it, and of course in hind sight oh so familiar to us. Remember, after the computers started working at Edwafin in October 2008, there was suddenly no more money to pay us. "A cash flow problem" Patrick called it, which, in short, basically meant, we are out of money because we aren't getting any anymore. Of course, that money was needed to pay you, the investor. The more outrageous the promises became (trips to Mauritius and interest payments as high as 25%), the worst was the public's gullibility to invest more money. Whoops! Bang! down came the Patrickownian empire. That was one logic: no money in, no money out, but Patrick applied dual logic by using the "cash flow" card. Let's be clear about it, a company has a cash flow problem when it has enough assets to cover its debt, but not enough of the assets are in cash to allow the creditors to be paid. In a combination of obfuscation of logic and half-truths, Patrick made us believe that this was because of the general economic climate. We know now, that the company was essentially, and for all practical purposes bankrupt by then already, and probably had been for some time already (of course changing the date for final financial statements to a later date, prevented a proper insight into the status quo at the time). The only reason why we, the investors were not paid, was because nobody felt like giving the company any more money. Naughty, naughty Patrick and utterly despicable. I have all the confidence that liquidators will see through this ruse as well.

    A little bit more about the economic climate. If our investments had been invested properly and judiciously in proper business ventures that continued to show profits, I am convinced that the current situation would not have been so dire. Yes, possibly the company might have seen some difficult times - which investors might have understood - but it would not have meant that every last cent that the investors contributed would have been down the drain. Again, the liquidators are intelligent people, that is logical I suspect.

    Then we also have the promise of major investors interested in investing in the company. That, as recently as the recent court case. I am sure that the liquidators would appreciate the fact that this is merely a further acknowledgement that a Ponzi scheme was in operation because the money was to be used to pay investor's debts.

    Logically I have questions, as I cannot make up my mind if Patrick and comrades, are merely deplorably stupid, naive, and incompetent beings, or if they are simply crooked. According to the archetypal logic, the one leads to the other and are not mutually exclusive. Thus a <==>b.

    For those who would like to know, according to a copy of a letter written by them, the directors at Edwafin on 12 March 2009 were:

    • Patrick Stapleton
    • Don Hutchinson
    • Bob Klynsmith
    • Brian Poliah
    • Garth Stapleton
    • Sandy Hutchinson
    • Carole Gardner

    Hi, Carole, we meet again.

    Proofread by wifey

    Saturday, June 6, 2009

    Even while Braindead the Edwafin Credo haunts: Iniquity for all!

    Yesterday the Universe chuckled in disbelief: it stood in wondrous awe at how many contradictions and paradoxes it could string together in as few words as possible. Like a hangover following a night of drink and debauchery, the after effects are still resonating through the multi-dimensional realities of the visible be-all. Realities all over this Universe and beyond are changing in response by the earthshaking revelation we witnessed here yesterday.

    That brings me to the word SPECULATION, it was so superficially and cunningly used yesterday, that cynicism took hold of me. We know the word "speculation" in the context of making money or finding gold or treasures. Speculation also means to creatively think about situations, conditions, encounters, in short any phenomena we may meet up with in our earthly sojourn. Scientists speculate before they start out on an experiment in an effort to prove an idea. Social scientists speculate about the effects of certain historical events on society; there are many more and I will allow you to speculate on that yourself. The process always begins from what is known to what ----> possibly may be. In the process we hope to reach some kind of realistic conclusion.

    The Nature of Fact
    Let us recurse somewhat and begin by what we understand to be facts or truths in life. Facts or truths are essentially concensusses arrived at by society. Therefore in legal terms, a fact is something that is corroborated by a written document (law, statement, declaration, etc.), or something that is corroborated by a witness (that is if concensus or corroboration can be reached on the reliability of such witness). There is another aspect of being human that is often confused with fact and that is societal norms. The latter are basically social agreements and of course as such they have validity. Facts are also established by scientists and one fact that they have recently established is that the results of experiments on which they base their facts are often prejudiced by the state of mind of the observer - intention with other words.

    So those facts that we so confidently base our reality on are shaky to begin with, and throughout history "facts" have proven to be elusive and slippery. It is exactly this elusiveness of confident knowledge that allows us to speculate - it is creation's facility to allow us to constructively participate in the creative process which is constantly happening in every moment of our awareness. It is also the process whereby new conclusions are reached - new facts to keep us busy with.

    But life is a bit more complex than a bunch of souls speculating, creating and pondering reality. Without contradiction, we will soon be finished pondering and the whole of existence will sputter to a silent demise and stillness of an inland lake where life has departed. Therefore we have controversialities, also created by speculation, and the interaction between the combined speculations leads to new realities and facts, and on, and on, and on...

    In the game of life on planet earth we have those archetypes who make use of this phenomenon to manipulate their own end game. In order to do that, however, they need you not to particpate in the creative nature of existence. You are required not to think, ask, ponder and generally be in touch with life. In short, you have to stop. Fullstop.

    Who are these archetypes? They are found all over: in religion: i.e. "you are not to ask such questions, it is not your place.", "You are not to question God"; politics: "We have been voted in by the majority," "We are in charge", etc.; professionals: "I have studied this for 7 years, what do you know?", "I am the doctor", etc.; the legal guys: "leave it to the legal experts", "the judge will pronounce"; Patrick Stapleton: "You are not a specialist on Edwafin"; Anonymous: "There is a bigger picture out there and people you need to start looking beyond speculation which is running rife presently."

    By asking you not to speculate, you are being required to suspend your thought process, and your thoughts are you. So you are required to suspend yourself from this reality, to make room for the intention of others. Now, why would that be, one wonders? FEAR.

    People build a web of "facts" or constructs which suspend them in reality and gives them identity. So, a priest who urges you not to think, fears that his own confidence in his reality is but a flimsy one. The all-knowing academician's existence is similarly based on a reality that he spent 7 years creating. Legal experts frequently seem to subconsciously know that the "law" on which they base their whole livelihood is by no means justice, but merely a series of human constructs. Once you, the client, comes to this realization his active role in his reality may be in jeopardy.

    There is another level of fear, but in essence of the same nature, the fear of discovery. Of course the above are all based on the fear of other-discovery or self realization. Some of the more inept in society do not choose proven spheres of self/other deception, they are more creative and create a whole new sub-set of reality. This is what is called Edwafinism as expounded by the Stapletonian vision of shared wealth: "you, the many share everything with us few, and to facilitate this condition we will play a game called woolie-woolie. We, the few, pull wool over your, the many's eyes. While doing so we attempt to put you under sedation with positive affirmations of all-is-well world. There is one single golden rule: "Thou shallt not dare to think", because that may expose our reality subset to your more encompassing subset of the Universe. What they never include in their reckoning is that you cannot remove people's identities or thought processes by force or on demand for an unlimited period of time.

    So, when I first mentioned the idea of this blog to my dear friend Patrick Stapleton, he demanded angrily that I suspend my thinking, as I was not an expert on Edwafin. Of course, he was correct, as at that time I only had a vague and superficial inkling of the trouble we were in. For those who have followed this blog, will have noticed that I had at first undertaken to suspend my thinking, to allow him to "fix" things. Fortunately I came to the thinking process again; yes, speculation my friends, and began working on the blog. You see, my speculation had gathered enough facts to convince me that Patrick's facts were his own constructs, commonly known amongst humans as "lies." He had not taken in account that I was an expert on my life. We actually all are, but some do not yet realize this fact. In any case my expertise was that I had invested much money, which had gone "ping" like a soap bubble, and that the Edwafin powers were not providing me with real answers, but required me to stop being me. Exit the infantile patters of Patrick. In comes Don, out goes Don, in comes Verona, out goes Verona, all no more that infantile prattle in an effort to plug the ever increasing number of holes in the fascade.
    [Interjection: have you noticed the predominant absence (I know, a paradox) of Maria Stapleton in this worldly event. What is the saying: "behind every man ....". Mark my words]

    Now, yesterday, we get an anonymous email from you-know-who. Like a long lost familiar, we are requested to suspend our thoughts, because we are only speculating. Obviously, this anonymous knows much more about our situation than we apparently do (she thinks) but, also obviously, it clearly fears that what we don't know we will find out. Peculiarly, unlike clever academicians, anonymous does not offer to fill in the, by it's perceived, blanc spots. Oh no, here we are again: "Thou shallt stop your thinking processes, or else!". How deliciously small and tiny in concept.

    "I am a bit perturbed however," he says with a smiling frown on his balding head, "that anonymous is using this blog for propagandistic purposes to not pursue the transgressors, and then using such unlearned, obviously flawed, mice-brained techniques. " Sadly, anonymous realizes its own synaptic limits because there is an obvious fear of identifying itself.

    Aha, but anonymous did identify itself the other day in a pleasant synchronicity, and to make sure writes a direct email to the Universe' s representative that goes something like this:

    Thanks for the feedback re-Class Action. I am not surprised at the response to my request.

    I have been approached by all 3 liquidators and am co-operating with them. I am more than happy to leave things in their capable hands.

    Class Action is costly and I have my doubts whether it will do anything other than enrich attorneys at this stage.

    Fraud has to be proven before the Fidelity Cover can be claimed against. If so, they cannot target the CEO in isolation. It will have to be the whole board, exec and non-exec.

    This could then lead onto claiming back remuneration from staff and all interest paid to investors.

    Ouch!!!!

    There is no doubt in all directors (ex included) and the liquidators minds that the mastermind behind this all has been Patrick Stapleton.

    I don’t think anyone, other than ourselves now, realise the power that he had over his handpicked sidekicks (me included) As I told [xx], it was “divide and rule”, giving responsibility

    but no authority. “Do as I say and not as I do”. Cunningly he rarely put his pen to paper in signing sureties, court action, overdrafts etc, his “coup de grace” (sp?) having gone for sleep therapy for a week in a private hospital, leaving Don Hutchinson to prepare and sign the judicial management application. (possibly fraudently because there is no derivative- this was only discovered just over a week ago) By the way, our medical aids were cancelled by Liberty Life in September, the premiums having been deducted from our salaries and not paid over. Ditto for our tax deductions as well, try and get and IRP 5, hello…. they haven’t registered the company for the tax year with SARS, because of previous non-payment of tax.

    When I say mastermind, I include a web of lies and deception by one Patrick Stapleton. He has no conscience regarding the investors loss, my having heard him say “ …k the investors” on more than one occasion. Well, I think as far as ex- staff and directors alike, he is coining that same phrase towards us. He simply does not care.

    [XX] told me this week that Patrick has pulled this same stunt before…I certainly never knew about this, nor many other issues that are now surfacing surrounding him. Collectively staff and directors feel that they have been duped by this man…we will see justice prevail. We will make sure that he becomes answerable to firstly investors and then ourselves.

    This person is being unpleasantly dishonest again, again, and again. Yes, she was one of the highest echelons of the Patricownian empire, and refuses to acknowledge the fact that she was knowingly or unknowingly involved in the iniquitous collection of money. But, hey, hey, hey, what doe she say to us in between the line: "I know all about it, so stop thinking. If you don't it may cost you more." Yep, here we have again the fear-leverage. She also directly states that she knows all about what was going on at Edwafin with Stapleton and his ego. I have coloured it red above. Even after she was aware of Patrick's attitude towards his investors, his arrogance towards his staff and the institution of the company, she persisted in her efforst to collect money for him. Whoopy! how innocent can one be - scales be thy removed from mine eyes.

    Of course, now that she is "fully" cooperating with the liquidators, puts her totally above any blame or responsibility. She exclaims with a degree of mirth "Ouch!!!" at the thought of people having to fork out even more than they already have lost, but not once, nowhere, has she expressed any human regret or compassion for those people who have now lost everything; who have taken out second bonds or loans to provide her company, of which she was a manager and a director, with more money to squander. If she really wants to be of assistance to resolving this situation, why does she not have the guts and the decency to come out clean in public about what she really knows, and what her participation really was.

    In a seemingly cunning move she now hides behind the three liquidators, and her cooperation with them. How clearly dishonest and sickeningly unpleasant is the fact that those who have lost their money are treated with such utter disdain by this individual while she now hides behind the skirts of those whose work it is to make clear how much we actually lost. Puke =====> Plonk.
    As I have said before, the legal system is like a computer program; it is made discreet by its own structure and only works within its own framework of references. I mean no disrespect to these legal beings, but like all human endeavours, the legal system is, and has always been, flawed. If a computer program or system has inherent errors (which, by their very nature, they always have), its output is always less than perfect and always limited by the amount and quality of the information that is entered into its inner circuits. Likewise, the liquidators can, and will only work within the parameters that society has established. This is no error or fault, but a characteristic of the the current human state of being.

    Now anonymous wants you to abdicate your self-ness to the flawed sub-set of the liquidator's world. Of course there is a good reason: FEAR, EDWAFIAN FEAR.

    You once abdicated control over your money to Edwafin. Do not repeat the same blunder with your identity. Your thoughts are you and part of creation, do not abdicate your soul to the perpetrators of iniquity.

    Speculation is a sign that there is life. You have the right and the obligation to participate until concensus reality is reached.

    Monday, May 25, 2009

    What do I hear in the distances? Could they be sirens perhaps?

    Yesterday's blog was irregular. I was supposed to write an article and now I have to do it today. But I just need to "skinner" a bit.

    Before I do though, I wish to thank and wholeheartedly support those of you who champion the efforts of Mrs Griffen and Mrs Chaplin. Not that I don't think that this scenario would not have taken place any time soon, but for their sheer courage and insight to realize that the end of the line had been reached. Again I repeat that there are no winners, but at least they were instrumental in preventing the number of losers to grow even bigger than it now is. They made the first and most important incision in order to get rid of a gangrenous limb.

    Whistle, whistle, tweet, tweet or should I say heeha-heeha-heeha (their sirens also make a sound I can't transliterate on a Western keyboard). Yes, it appears that the police are on Patrick and comrade's case. The little birdie (and she sounds rather cute as well so watch out siccing Marc!) told me that the police were on their way to pick up documents from the Edwafin offices. Stand at attention Patrick and remaining little people!

    Also heard through the buzzing electrons, is that certain institutions abroad are watching these events carefully, and are regular visitors to our blog. The Patrickownians apparently have/had plans of expanding their path of devastation and destruction past our shores and over the high seas. Damn, and I thought he was such a nice man. I think he still is a nice and a good man, as are those little ones around him that he spawned as part of his business expansions. However, like those tiny shoes on a growing Chinese girl, intended to keep them painfully dainty, it will be a relief when he is withdrawn from my reality.

    Before I close, the list of people interested in a possible class action is steadily growing. Keep in mind that you are no obligation to participate when the final decision is made to go ahead. At this point we are merely eliciting possible participants as well as ideas on how to handle such an action. Should you be interested please send an email to edwafinclass@chromatique.com stating your name and contact details. Everything will be kept confidential, and you may remove your name from the database simply by sending me an email requesting me to do so. Soon I will set up another private blog designed specifically for the class action. In the meantime I will report back regularly about any progress in this respect. Perhaps it would be prudent to follow the police action as well to see if we have anything to learn or gain by their investigation. Sorry to be so serious, but it does happen; my wife loves me when I'm serious because then I make sense.

    Monday, May 18, 2009

    Deep rumblings: what will emerge from the mist?

    Excitement is not part of my day. Yes, many have looked forward to today in anticipation, but whatever the court may decide, it is not going to be a happy end to our dilemma; no celebratory outcome. Even if the company is finally sequestrated, there is still some way to go, and the question for some time will be: "how much will I get back". If the company is placed under Judicial Management, well, you'll probably have a few more gray hairs when the finish-line is finally reached. That is not so much my concern though, as I have few hairs left, and my beard is as grey as can be already.

    As I have said in the past, my wife and I have essentially accepted the loss of money, but matters are just not that simple. A few have made many promises to many; they have signed contracts ensuring the return of money. Even after it was clear that their undertakings were unsustainable, these humans have continued to broadcast all kinds of unbelievabilities (heh-heh the spell checker doesn't like that one). Not only have they demonstrated their own naivety, but they have tried to make fools of the 4000 investors. Perhaps we were foolish, some would say and I still have something to say about that when the opportunity arises - perhaps when the dust has settled and the horizon is back in view. The fact that investors believed what was told them, promised and demonstrated to them, and thereby acted in their own interest, for their own benefit, may be described as foolish by those who know more, better, and generally have an exceptionally high IQ, but it still does not give anybody cart blanch to take others for a seriously detrimental ride. Add to that that the promises were supported, given credibility and sanctioned by institutions such as CIPRO, DTI, FSB, NCC, and SAVCA (and possibly a few others that fell below the radar), the situation is elevated to societal fraud where a smaller part of group reality are victimized by a much larger part of the reality of planet earth. Naturally, as we have seen, these institutions hide behind rules, regulations and the law as well as anonymous silence - also characteristics imbued to them by society, so that is our own fault perhaps. When I was a bit younger, the was a song about "silence is golden", I have come to the conclusion that silence is an ass. In silence truths can't be told, responsibilities cannot be accept, and in silence one can die a slow (or fast) death with a knife in your back.

    The law, yes the law ...

    As a result the pinnacle of the iniquitous situation is Edwafin, and what has now emerged to be the Famous four plus one (Verona seems to be some kind of groupie - however she does upset the symmetry - let's face it fivesome sounds awkward). Ironically, some of the earlier directors have left the stage, hands bloodied and consciences heavily tainted. (By the way, anonymous has also provided us with the First name of Klynsmith. It is Robert or just old Bob for short.)

    Of course there is the law. Yes, the law ...

    Anonymous submitted a comment this morning mentioning the possibility of a class action, and I must admit the thought has struck me some time ago already. For those not in the know, here is my non-specialist understanding of the process: a group of people who have been wronged by another person, or group of persons, collectively employ legal resources to sue the perpetrators. They share the cost, if any, but also benefit collectively from whatever the results of such a case may be. This has become very popular in the USA where fat people collectively have sued hamburger joints for selling grease, or where smokers have sued cigarette companies for causing their lungs to become a darker shade of brown. It is strange but it is true - like my inherent tendency to be decent and still refer to Stapleton as Mr.

    The idea is that if enough of the investors can stand together, they may sue the directors of Edwafin (and possibly others), singularly and/or collectively for causing the predicament we now find ourselves in - perhaps to recover money (if you are very optimistic) but possibly more so to satisfy our retributive lust.

    I am prepared to set the ball rolling by trying to find out who might want to participate in such a class action. There are many steps to be taken though, and we have to be certain of what we will be suing for, who we will sue, and why we will be suing. There are possibly many aspects I haven't thought of and that will be the domain of the legal people involved.

    So what I propose to do is provide everybody with an email address to which you can send a note expressing your interest in participating. This does not mean that you commit yourself, but are only interested in the possibility of such action. However, you would need to provide your name and email address (or other method of contacting you), and if you like a cellphone number (for sms's), so that we can correspond with you and tell you about any progress. Your details will be kept safe, confidential, not divulged to anybody, and should you at any time decide to withdraw from the enquiry, your information will be immediately removed without questions.

    What would be helpful, is if you could also provide us with your views and suggestion regarding the procedures and any other aspect of the matter. Keep in mind the more investors that we can get to participate, the better the spread of the costs. There are many other benefits I can think off, but before we get there, we first have to decide if it is going to be worth our while.

    If there are any investors out there that are contemplating, or have already started, a similar action, this may be the time to stand together as others may be interested to participate in your action.

    Should this effort get off the ground I undertake to set up another blog exclusively for this purpose, with only private access to those who would like to participate in the class action. Thus away from prying eyes.

    The email address is edwafinclass@chromatique.com.

    We'll see.