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Story in Gold Coast Bulletin saying two new white knights gave proposals to directors yesterday.
Any ideas on who they may be?
 
Re: THIS WEB SITE AND ITS FOLLOWERS - 103,000 and climbing daily!!

Dear Kostag, remember when we were attacked on this thread by Kennedy and his many assumed names, (Buffetman, Ozab etc)... We uncovered the dirt and fraud and they didn't like it. McIvor was and is apparently an avid "late night" reader of this thread.. Despite the onslaught and many threats we continued the crusade with the support of other contributors, (of note Zencorp and ASICK) to expose these crooks. This thread has contributed an enormous amount in bringing Equititrust down for defrauding their elderly retiree investors.

Most of what came out first came out on this thread, the loans to King Con were revealed by Kostag on this site before anyone knew of of them in the media or otherwise.

This thread has become the go to source for information on what is happening on a daily basis. ASIC, The Federal Police and Equititrust's bankers and "Insurers" all read this site and glean what they can.

This site has been invaluable in uncovering the truth by allowing the free flow and sharing of information. Equititrust's efforts in trying to suppress the thruth failed miserably and they were exposed in the media for posting under assumed names all emanating from David Kennedy's computer.

Its all over now Kennedy you can finally admit to it :)

from very humble beginnings in June last year, this BLOG now gets over a 1,000 hits a day and growing!

CHOICE MAGAZINE started this, then Kruger and the SMH, Ian Lazar etc and this BLOG have all worked relentlessly to expose this train crash in progress. :D
 
The White Knights just keep galloping around my delusional head

The White Knights seem to be in McIvor's delusional head whilst he feeds stories to Nichols in the Gold Coast Bulletin...

What kind of rational decision in the interests of investors can be made in the last moment of desperation... Any proposal will now come with a serious price to pay and where have these so called White Knights been for the past year... Galloping around in McIvor's head maybe...



Story in Gold Coast Bulletin saying two new white knights gave proposals to directors yesterday.
Any ideas on who they may be?
 
No Trust.. Interestingly, it's almost a year to the day since Kennedy posted originally. How things change in a year.

I also heard that one of the recent new R.E discussions involved an amount of $500k per month plus costs ... And they still didn't get involved.
 
Another massive crack

Engineers have been called to Chevron Island as there appears to be a massive crack opening up in the side of the Equititrust building as the foundations have moved and the whole structure appears to be sinking into the abyss. In an interesting sideline two White Knights were seen jumping out of the windows... STRANGE TIMES INDEED

Meanwhile on Cronin Island only a hop skip and jump away Rolling Pins are a flying... watch your head Marky Boy remember only the Strongest of the Species Survives
 
Charles Darwin

No one with a credible reputation will get involved in this mess, its a suicide mission...
Only the Strongest of the Species Survives as you know too well.

No Trust.. Interestingly, it's almost a year to the day since Kennedy posted originally. How things change in a year.

I also heard that one of the recent new R.E discussions involved an amount of $500k per month plus costs ... And they still didn't get involved.
 
Re: Making A Lot Of Noise Lately

Look at Page 13 of the PDF and have a laugh

Weekend Gold Coast Bulletin
Saturday 06/11/2010



The Power 100


The Gold Coast's most Influential People


After a low-profile business career spanning 28 years on the Coast, the merchant banker is starting to make some noise lately. If the latest plans for his Equititrust empire come to fruition, Mark McIvor will become a key link in the city's development chain.

http://www.prohenderson.com.au/uploads/32/File/the POWER 100 - 06_11_10.pdf


The chain is only as strong as its weakest link... Anyone’s guess which list he will be on this year..
 
7 Hours

Reports of massive cracking and rumbling at Equititrust Headquarters on Chevron Island, helicopters have witnessed the roof falling into the building whilst paper shredders are seen overheating from the load...

Another witness saw a number of "rats" with briefcases jumping for their lives with resignation papers in their paws... WHAT IS THIS DEVELOPING PHENOMENON
 
LITIGATION - who is paying?

At the moment , all management efforts seem to be focused on 'self preservation' - staying in power and seekign to postpone the inevitable.

What I would like - on this public forum - is a reassurance to all INVESTORS that NYST and this pluthora of lawyers engaged in defending the BOARD are not being funded by EIF or any other investor fund.
 
Legal Fees

Kostag unfortunately you will find that the fund is paying the legal fees...

McIvor is not going to fork out any of the money he pilfered from the funds...
 
Re: Legal Fees

Kostag unfortunately you will find that the fund is paying the legal fees...
.

I would have thought it is an ETL expense as to me it is not incurred in running the EIF but rather in the internal management and compliance of ETL. Well I hope this is the case.
It could be borderline so I guess we will soon find out.
 
DIRECTORS.......

expect to see en masse resigantion of Board; Marky Boy back in the box seat; probably wife or other family member on Board as well - who else would take on this prestigous Directorship .........
 
10 minutes to go

The countdown is on and at 4pm the insurance will lapse for good...
 
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