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Re: Liquidator

$2,500pw and a driveway full of luxury German cars, whilst innocent elderly retiree's can't even get a pension and a struggling to survive... Thats DISGUSTING

The McIvor's really don't care... Let the "Old People" eat cake...

The sooner the Public Examinations and Prosecution start the better... This total lack of restraint and rubbing salt into elderly investor's wounds cannot go on any longer...

Who's money are they living on anyway... The last administrator's report clearly spells it out

word75 said:
Is it any surprise CONIVOR is on this forum watching it like a hawk. So quick to remove a number. Who cancelled all his and his fellow shonks mobile numbers to avoid answering the big questions..where's the money?. WELL not hard to find a $2500pw rental on Capri with a black E500, a white ML320 Mercedes and a silver BMW X5 parked outside but the liquidators oF MM HOLDINGS have that address anyway. Hiding.... Only from the "Old Folks".

Now for some heartening news.....WHO HAS BEEN GIVEN THE IMMUNITY CARDS. One male and one female and OH SO CLOSE. Maybe something to discuss over the breakfast table. Pack a "Soap on a Rope" and a "Toothbrush" they are playing your song....no not Roy Orbison's ONLY THE LONELY... You won't be lonely where your going...JAIL HOUSE ROCK...you will make plenty of friends where your going PALE FACE.
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Re: Liquidator

Very true, but word is that things are being uncovered that no one will be willing to lose their license over by not reporting it... Particularly a liquidator that has previously been suspended... This cannot be swept under the carpet...

ASIC still has a current investigation under way, which was detailed in the last Administrators report...

On top of this the other liquidator's and receivers have also unearthed things of such magnitude that they have had to go to the Supreme Court for interim orders on behalf of their instructing banks.

The issue of the furniture and art work as well as the action against Stacey McIvor as Trustee of a Super Fund to name but a few… There is also the action by the liquidator of MM Capital where both McIvor and Wifey Stacey are both being sued… All on the Public record...

“All Barren” needs to step up to the plate now and take decisive action otherwise there will be a major backlash. An interim update on how this mess will affect investors particularly the borrowings from Westpac etc is not a lot to ask for…


Just Observer said:
No Trust, don't hold your breath. I dont believe the liquidator was appointed by McIvor for no reasons.
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Maybe I see this differently. I see the fund itself as the source of all things $$$$$ - I don't see $$$$$ anywhere else (except maybe insurance and I guess that'll depend on the facts). Have I missed something? By the time all the secured creditors of all the parties (including the fund) are fully sated (or as close to fully sated as possible), what's left for members of the fund? Only the remnants of the fund?
 
ASICK said:
Maybe I see this differently. I see the fund itself as the source of all things $$$$$ - I don't see $$$$$ anywhere else (except maybe insurance and I guess that'll depend on the facts). Have I missed something? By the time all the secured creditors of all the parties (including the fund) are fully sated (or as close to fully sated as possible), what's left for members of the fund? Only the remnants of the fund?
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CAN'T KEEP A RAT CUNNIMG SCUMBAG DOWN....which silly little boy has rebirthed LANDSOLVE PARTNERS LTD (public record) and parked all those lovely cars, MM Holdings former assets.. in it. Whose out there scaling this company up and where's All Bran when you need it. .

And why hasn't someone, say one of the super gullible $5mil plus wealthy investors sunk some money into bringing a private prosecution against CONIVOR. Why throw more money at Vax (greed) when the quickest way to the pot of gold is to kneecap this criminal and bankrupt him. He has no defence against Unconscionable Conduct/Behaviour. (Google) This fits him like a glove and with no legal practioner silly enough to defend him it is a slam dunk. Such an action could be initiated and determined in months.. A word to the PIPER..play this simple little tune and the other little rats will go down with him and all his hidden ill gotten wealth will pop back up and be exposed.

As everyday goes by and the ever efficient receivers sell down the assets to get rid of NAB, each day brings CONIVOR closer to re uniting with his ill gotten $2.8mil super. Would someone like to explain how this works. That super came from where.... and when...??? ALL BRAN... ANSWER THIS QUESTION YOUR ON NOTICE...check your inbox. Investors should email All Bran and request an answer

PS: Who has kept that sweet project in Burleigh Heads away from prying eyes and accountability. The deal is the talk of the town and said to be worth millions. Count on Grey Power to unearth it, Equititrust written all over it.. Can't hide it now... It's stands out like a ROSE in a FIELD OF DOO DOO. Investors should email BDO AND ALL BRAN and get some clarification.
 
Innocent elderly investors starve whilst McIvor is living the high life on Isle of Capri with a driveway full of luxury cars DISGUSTING BEHAVIOUR... Don't be surprised to see them being pursued on this front as well ... The bank has obtained orders against Stacey McIvor's "SUPER (for me) FUND" in the Supreme Court last month...

The "Party" may soon be over for the miserable McIvor's... Wait for the knockout blow about to surface soon... Someone has been keeping a few aces up their sleeve for the right moment.

Fancy a game of poker Marky Boy...


Adios Amigos


word75 said:
CAN'T KEEP A RAT CUNNIMG SCUMBAG DOWN....which silly little boy has rebirthed LANDSOLVE PARTNERS LTD (public record) and parked all those lovely cars, MM Holdings former assets.. in it. Whose out there scaling this company up and where's All Bran when you need it. .

And why hasn't someone, say one of the super gullible $5mil plus wealthy investors sunk some money into bringing a private prosecution against CONIVOR. Why throw more money at Vax (greed) when the quickest way to the pot of gold is to kneecap this criminal and bankrupt him. He has no defence against Unconscionable Conduct/Behaviour. (Google) This fits him like a glove and with no legal practioner silly enough to defend him it is a slam dunk. Such an action could be initiated and determined in months.. A word to the PIPER..play this simple little tune and the other little rats will go down with him and all his hidden ill gotten wealth will pop back up and be exposed.

As everyday goes by and the ever efficient receivers sell down the assets to get rid of NAB, each day brings CONIVOR closer to re uniting with his ill gotten $2.8mil super. Would someone like to explain how this works. That super came from where.... and when...??? ALL BRAN... ANSWER THIS QUESTION YOUR ON NOTICE...check your inbox. Investors should email All Bran and request an answer

PS: Who has kept that sweet project in Burleigh Heads away from prying eyes and accountability. The deal is the talk of the town and said to be worth millions. Count on Grey Power to unearth it, Equititrust written all over it.. Can't hide it now... It's stands out like a ROSE in a FIELD OF DOO DOO. Investors should email BDO AND ALL BRAN and get some clarification.
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Ex Staff

It would be nice to hear from some of the ex-staff on this forum... Apparently some have not been holding back in their revelations on "what actually went on" at EquitiRust just prior to the collapse to various authorities...

Jaw dropping stuff... All about to be revealed very soon...
 
Failure

After this monumental failure what has McIvor got to say to the "old People" now... Considering the white haired one is approaching his sixties soon what has he got to say to himself... The universe works in an amazing way and he may find himself in the same position as his investor's very, very soon...
 
Re: Failure

No Trust said:
After this monumental failure what has McIvor got to say to the "old People" now... Considering the white haired one is approaching his sixties soon what has he got to say to himself... The universe works in an amazing way and he may find himself in the same position as his investor's very, very soon...
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Do you want to know what he will say... GOTCHA
With BDO having all but paid off the secured creditors, a layer of protection for the investors is soon to be removed. Word is BDO is letting the staff and the office at Bundle go with staff already given their pink slips. If this is true what does this mean?

ALL BRAND HAS NOT PRESENTED HIS REPORT, What's the bet the first report to unit holders will be after the banks are paid out. What's the bet the report recommends the VAX solution given that CONIVOR and his shonks have the numbers by weight of debt and the numbers by units with his desperate wealthy investors.

Am I being sceptical but have the unit holders paid All Brand his massive fees just or him to preside over this shell game. It's going to be a cold winter and I can see the shears being sharpened in the tricky shed.

CONIVOR and the Tricky team with the Honey Pot support crew are going full bore and they are coming to get YOU. Where's Paul Barry when you need him...."Old People are an Endangered Species"
 
Re: Failure

word75 said:
Do you want to know what he will say... GOTCHA
With BDO having all but paid off the secured creditors, a layer of protection for the investors is soon to be removed. Word is BDO is letting the staff and the office at Bundle go with staff already given their pink slips. If this is true what does this mean?

ALL BRAND HAS NOT PRESENTED HIS REPORT, What's the bet the first report to unit holders will be after the banks are paid out. What's the bet the report recommends the VAX solution given that CONIVOR and his shonks have the numbers by weight of debt and the numbers by units with his desperate wealthy investors.

Am I being sceptical but have the unit holders paid All Brand his massive fees just or him to preside over this shell game. It's going to be a cold winter and I can see the shears being sharpened in the tricky shed.

CONIVOR and the Tricky team with the Honey Pot support crew are going full bore and they are coming to get YOU. Where's Paul Barry when you need him...."Old People are an Endangered Species"
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Well, here we are, check your snail mail guys! Mr Pleash has put pen to paper! Can someone please explain what the ....... it means!?
 
Re: Failure

Tick Tock , time is running out for McIvor...


Mozzi said:
Well, here we are, check your snail mail guys! Mr Pleash has put pen to paper! Can someone please explain what the ....... it means!?
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Liquidator

It will be interesting to see how hard they are pursuing McIvor on payments made without invoices; as detailed in their own previous report...

If no serious action is being taken against McIvor they should immediately be removed by ASIC... Lets see
 
Re: Liquidator

When will McIvor and Tucker be publicly examined as promised in a prior report ???


No Trust said:
It will be interesting to see how hard they are pursuing McIvor on payments made without invoices; as detailed in their own previous report...

If no serious action is being taken against McIvor they should immediately be removed by ASIC... Lets see
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Re: Provident Capital in Receivership - another one bites the dust

With something like 3,500 investors.

http://www.smh.com.au/business/receivers-tip-decent-return-from-provident-20120704-21hk4.html

Amazing to contemplate the difference b/w how this sector is marketed/perceived [ie: "as safe as houses"] and the sad reality of how much investor capital has been, to use the words from the Cold Chisel Song "pissed up against the damn wall".

I saw above a note that Hall Chadwick had recently written to investors. Anyone care to post up a link to it, for those of us on the outside?
 
Re: Provident Capital in Receivership - another one bites the dust

Brethren said:
With something like 3,500 investors.

http://www.smh.com.au/business/receivers-tip-decent-return-from-provident-20120704-21hk4.html

Amazing to contemplate the difference b/w how this sector is marketed/perceived [ie: "as safe as houses"] and the sad reality of how much investor capital has been, to use the words from the Cold Chisel Song "pissed up against the damn wall".

I saw above a note that Hall Chadwick had recently written to investors. Anyone care to post up a link to it, for those of us on the outside?
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There is no copy of the report posted anywhere I can see. In an email from Hall Chadwick of 03 July re the latest report, they had this to say:

"I regret that this communication will only be forwarded to those investors with an email address so if you are aware of any other investors who may have queries regarding this form, please could you pass the message on or have them contact our offices."

It seems they don't really want the general public (or those investors who have not notified an email address) to keep up with the issues.
 
Re: Provident Capital in Receivership - another one bites the dust

Olman said:
There is no copy of the report posted anywhere I can see....... It seems they don't really want the general public (or those investors who have not notified an email address) to keep up with the issues.
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Hmm. Surely someone amongst the good and helpful folk here could assist by finding an on-line space to which it could be posted? ASICK, is the Trilogy-tracking site yours, by chance ( my memory aint what it used to be, here )? If so, would it be possible/appropriate for a copy of the Hall Chadwick communication to find it's way there? If not, who can suggest an alternative?

I am sure some/many/all the recipients may be in need of some assistance in translating it into plain English and perhaps taking a few R.P.M. off whatever spin might have been applied.
 
ASICK said:
All the documents are here:-

http://equititrust.com.au/Updates.html

Look under "Receivers & Managers Reports" and "Administrators Reports"

If need arises, I'd be happy to make a copy of any public document available on http://www.moneymagik.com but that shouldn't be necessary. EIF investors should note the hefty fee paid by the EIF receiver in order to maintain http://www.equititrust.com.au
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The Hall Chadwick (Liquidators of Equititrust Limited) report, dated 27 June 2012, is not posted on the Equititrust website.
 
How convenient to keep the report away from public view... The liquidator clearly has an agenda and it seems does not like old people just like their appointor McIvor. Maybe a few well-placed calls and emails to ASIC and the media may render them a bit more malleable...

In any event dictator style censorship will not work in the age of information technology... The report will be available online one way or another very soon...

WHAT ARE THEY HIDING???
 
I didn't realise the document wasn't posted on the Equititrust site. If someone has the document, then it's probably easier if the document is attached to a posting (see the paperclip icon in the header bar of the "Reply to Thread" text entry box). In this way you'll all have ready reference to the document without leaving the forum.
 
ASICK said:
I didn't realise the document wasn't posted on the Equititrust site. If someone has the document, then it's probably easier if the document is attached to a posting (see the paperclip icon in the header bar of the "Reply to Thread" text entry box). In this way you'll all have ready reference to the document without leaving the forum.
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Thanks for the tip ASICK. So, any takers? I assume there's folk visting this board who'd like some clarification on what that report does or does not say or want to raise points for discussion.
 
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