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Equititrust?

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LAWYERS ACTING....

a good guide to teh state of play is the legal representation that a DEFENDANT goes for....

right now, Mein Fuhrer is darting aorund in the shadows trying to get a mouth peice... anyone who promises success will get themselves a nice plump chook for Xmas....

when it all gets too hard and the walls all come tumbling down.... they too will jump ship like all before them.....
 
Re: LAWYERS ACTING....

Lawyers like to get paid, so any lawyer willing to act for the "Fuhrer" will be asking for a massive retainer which will always need to be topped up in the event of a fall out...With McIvor this is guaranteed...

Just look at his history with other partners on the Gold Coast, John Fish, Tony Smith etc etc Brother Sister the list goes on... All ended in tears... Who is next fellow director Wifey... Its only a matter of time and as history as shown McIvor will fall out with each and every director...

kostag said:
a good guide to the state of play is the legal representation that a DEFENDANT goes for....

right now, Mein Fuhrer is darting aorund in the shadows trying to get a mouth peice... anyone who promises success will get themselves a nice plump chook for Xmas....

when it all gets too hard and the walls all come tumbling down.... they too will jump ship like all before them.....
Click to expand...
 
Financials - How Big are the Losses

Investors have been promised the financials on a number of occasions and despite repeated promises the financials which are critical have not been produced...

How can this joke of a company continue... The Australian Taxation Office might also be looking for the returns as well...
 
Seems Lazar's Action has some Traction

There is more than meets the eye in the Lazar Action to wind up Equititrust, we now have two supporting creditors, Ms Dianne Bancroft and Mr Harold Bankcroft represented by PIPER ALDERMAN...

https://www.comcourts.gov.au/file/Federal/P/NSD1614/2011/actions

This is important in that if the Lazar action was settled or even defeated the action instigated by Piper Alderman can, and will still proceed on behalf of the Bancroft's. This is the perilous nature of Winding Up Applications as numerous creditors can join the action in support...

Do not be surprised to see more Equititrust creditors joining in support of the action...

Prior to the hearing date expect to see action by the banks appointing their own liquidator...

In an interesting sideline Tucker and Cowan Solicitors filed a Notice Ceasing to Act on the 28th of November... Do not be surprised if Tucker joins as a supporting creditor... remember Tucker went from being a "fat and doughy" paid mercenary defending every action of McIvor and Equititrust to trying to wind up Equititrust and get revenge on his old buddy McIvor.

The fact that the fast footed Amanda Banton from Piper Alderman is now involved brings some serious credibility to the winding up action in the Federal Court...
 
Receiver David Whyte BDO

It will be interesting to get receiver David Whyte's initial take on what went down at Equititrust. I am sure some of the revelations via information coming to him will be jaw dropping... So jaw dropping that he will have a statutory obligation to report the lawlessness to the relevant authorities to commence proceedings...

There is no doubt that this will happen...
 
ENEMY .... whom is squealling loudest at ASIC?

the enemy that you cannot spot is the one that will get you........

1. Borrowers:
Lazar
Konstaninidis
McCart
Dave Roberts
Peter Madras
Jim Raptis
Dudley Quinlivan
2. Family:
Wayne McIvor
sister
3. Investors:
Bea Jeans
4. Advisers:
David Tucker
KPMG (auditors)
5. Partners:
Greg Hannan
John Fish
6. Employees/ officers:
Sid Super
David Kennedy
Craig Treasure
David Jackson
John Goddard
Tim James
7. Bankers:
Westpac
NAB
BOS
CBA
8. Media:
Choice Magazine
ACA
SMH

:p:
 
Re: Equititrust - Enemies Squealing?

KOSTAG : As an interested party to the actions and damages caused by Mark McIvor, his Advisors, Directors and all MM associated entities it is in the interest of likewise affected individuals that information contained in this “forum” is updated and corrected when and/or if necessary.

Directors and Officers (Past & Present) : Let’s not forget such illustrious individuals as Warwick Powell, now “Strategic Advisor) and the current “ ASIC well loved” previously banned Director being Ross Honeyman who finds himself back in a Company that operates in the very Industry that ASIC saw fit to have him banned from operating as a Director in ; “well done” Mark and how long will ASIC standby and either continue to allow such an appointment or turn their “eyes” once again on what it is that “he” is actually doing and under “whose” direction.......surely the SOLE SHAREHOLDER of Equititrust Limited would NOT be exerting any “influence” and “direction”.......oh, WHY NOT, has been the position in the past and when he didn’t get what HE wanted, he AMENDS the Company Constitution and DISMISSES the Director as was the case with David Tucker...........was good enough for Mark McIvor to deal with David Tucker in that manner, so “stone” is set to be able to deal with the likes of Ross Honeyman in the “same fashion”...................interestingly enough, even Mark’s wife Stacey would find herself in the “same” position should the “need” arise from Mark’s perspective or things get “too HOT” on the home front !

Troy Bingham now finds himself in the illustrious role of CEO ; Mark, have you made any “provisions” in the Company Constitution for “dealing” with CEO’s as opposed to “Directors” or simply will you rely on your ability to just “dismiss” anyone as an “employee” that doesn’t “perform”, being “performance” as Mark McIvor sees fit, rather than “independence” and responsibilities pursuant to Corporations Act ?

Advisors : Obvious “missing persons” from this list include the likes of Warwick Powell , now CEO, Ross Honeyman ( Trust Mutual, CRC and former ASIC banned Director), Cameron Davies ( former Borrower, former Bankrupt and wonder what “deal” was done with him (Cameron Davies) regarding his debts with Equititrust Limited ??)

Partners :[/B] Correction required regarding Greg Hannan ; NEVER a partner of Mark McIvors (although McIvor wished) but the CEO & Founder of MainStreet that fell foul to Mark’s failed completion of Capital Agreements with MainStreet and has seen that MainStreet company “exit” the “Fuhrer’s Bunker” at Chevron Island and the damage caused to that Company by “unauthorised” use of its name on Companies belonging or formed by Mark in breach of Agreements to do so, let alone undertakings to NOT undertake such activity with NO Agreements being adhered to, completed and “false” undertakings to complete ; oh, how surprising that Mark has done such things........question is, does he really know how to act “properly” and not under the table and for self serving purposes, or is that HIS definition of what a Partner is, contrary to Oxford Dictionary definition ?

Indigenous Partners : Mark McIvor went out of his way to refer to the “partnering” with what he termed as “his Indigenous Partners” who in turn were involved in the Media reported “traditional smoke blessing” of the “Fuhrer’s Bunker” ; interesting references by Mark McIvor when he is quite vocal and “proud” to refer to all others in an absolute “racistâanner..........would our “Indigenous” population be aware of his “racist depiction” of others and condone such references, let alone being referred to as Mark’s “Partners”...........I think NOT..........
 
Re: ENEMY .... whom is squealling loudest at ASIC?

Kostag, there are a few more to add to the list... ASIC are about to receive a further bundled pack of information which outlines further malfeasance...

Forget about Equititrust its finished, the main game will now revolve around charges being laid...




kostag said:
the enemy that you cannot spot is the one that will get you........

1. Borrowers:
Lazar
Konstaninidis
McCart
Dave Roberts
Peter Madras
Jim Raptis
Dudley Quinlivan
2. Family:
Wayne McIvor
sister
3. Investors:
Bea Jeans
4. Advisers:
David Tucker
KPMG (auditors)
5. Partners:
Greg Hannan
John Fish
6. Employees/ officers:
Sid Super
David Kennedy
Craig Treasure
David Jackson
John Goddard
Tim James
7. Bankers:
Westpac
NAB
BOS
CBA
8. Media:
Choice Magazine
ACA
SMH

:p:
Click to expand...
 
Re: ENEMY .... whom is squealling loudest at ASIC?

correct: a few parties are aware that reams of meaty material is about to hit the corporate regulator......


No Trust said:
Kostag, there are a few more to add to the list... ASIC are about to receive a further bundled pack of information which outlines further malfeasance...

Forget about Equititrust its finished, the main game will now revolve around charges being laid...
Click to expand...
 
Winding Up Application Federal Court 2 December

It will be interesting to note if Piper Alderman will be appearing at Friday's Winding Up Application in the Federal Court in Sydney on behalf of the supporting creditors the Bankcroft's...
 
What is Happening with Tucker and Cowan

What has happened to all the legal actions on foot on behalf of the investors??? Does the Receiver David Whyte from BDO now have to appoint new solicitors and counsel ??? What will this cost the investors and who will pay for this unfortunate mistake...
 
ANY WORD FROM THE CHEVRON OR SOVEREIGN ISLAND FUHRER-BUNKERS

another day in Paradise for the rich and famous.....
 
Re: The Commercial Chevron Island & MvIvoe Family Cronin Island Bunkers

NEW QUESTION TO PONDER: Now that the MainStreet Group have exited the Chevron Island Fuhrer’s Bunker at 65-67 Thomas Drive, a commercial property that the acquisition of by MainStreet, was to settle on the 1st December (yesterday) and did not, it will be interesting to see the Legal action that will undoubtedly unfold with the manouverings that Mark McIvor and MM Holdings Pty Ltd appear to have undertaken that saw such an exit by MainStreet and breaches by McIvor; will the Banks now take control of the Chevron Island commercial property and others that has “filled” the McIvor Property Coffers............was he even in a position to deal with the Chevron Island Office “Bunker”, his Cronin Island “Family Home Bunker” and others that he placed in the name of family members including his “mother” ??
 
Re: The MainStreet Group - Legal Action Against McIvor, MM Holdings & Equititrust Ltd

ANOTHER QUESTION: Will be interesting to see who the MainStreet Group possibly joins forces with in Litigation against the McIvor “empire” and no doubt the “damages” suffered by them will far outweigh those that are currently in play in the Courts ; enemies that McIvor has “added” to his long list will be joined by undoubtedly a formidable adversary with apparent untold damages, claims, broken agreements.............well done Mark.............more claims to deal with and will involve entire family, MM Holdings Pty Ltd and of course Equititrust Limited (whats left of it) and associated entities no doubt all of which we have it by good athority you executed an Agreement with MainStreet in "your own hand on Equititrust Limited stationary" ..................you can run, BUT no hiding from the ground swell of affected people and entities you have tried to "Hover Up", let alone the Authorities !
 
MM HOLDINGS RECEIVERSHIP

MM Holdings went INTO RECEIVERSHIP YESTERDAY. However, according to the ASIC register, the Receiver has notified ASIC that it is ceasing to act...
To great a risk hey?? to many dodgy transactions??
 
Re: MM HOLDINGS PTY LTD IN RECEIVERSHIP

THERE ARE MANY QUESTIONS THAT BEG ANSWERS MR McIVOR:

**********************************
National Names Index

Australian Securities & Investments Commission

Name M.M. HOLDINGS PTY. LTD

01/12/2011 7E4129850 2 505B Notification of Appointment of Receiver And Manager

***********************************
Wasn't the 1st December 2011 the very same day that MM Holdings Pty Ltd was to settle the Contract for Sale & Purchase with the MainStreet Group or their Nominee to sell off the embattled "Bunker" at 65-67 Thomas Drive, Chevron Island (The Equititrust Building)... If so, why did you call in a RECEIVER on that very day, for only one day?

Another "Snow Job" to baffle your Bankers Mr McIvor? And what was the "real purpose" of you entering in a Contract of Sale of the "Chevron Island Bunker" with MainStreet.....?

Was there any REAL INTENTION of MM Holdings Pty Ltd COMPLETING the Contract of Sale which the MainStreet Group entered into in GOOD FAITH with the intention to acquire, yet appear from correspondence we are privy to, were frustrated at every level and ignored by the Vendors Lawyer, Plass Lawyers, your company MM Holdings Pty Ltd and Equititrust Limited's Directors in regard to ECG Administration being its service company and the major Tennant.

Another "smoke screen", which undoubtedly, Bankers, Receivers, Liquidators and the Authorities will screen and place under the microscope as per all your personal activities and those of the Group of companies you represent and have "Stooges" representing on the various Boards and Executive Managerment.

These questions beg to be answered one way or another! ...... And Mark, "we **** you not", they will be!
 
Receiverships Conga Line

The question now is was this a voluntary receivership or a bank appointed receivership... Whichever way a receiver ceasing to act is a significant occurrence...
 
QUESTIONS: Notwithstanding, the Receiver Appointment to MM Holdings Pty Ltd, we now see from further correspoindence supplied to us this day, that you have breached your original Agreement of the 28th February 2011 with the MainStreet International Group (a public company), not to mention a number of subsequent agreements, when at that time you still respresented Equititrust Limited as a Director and its Sole Shareholder.

This agreement being your undertaking to provide CAPITAL, not LOANS as you now wish to call them, to the MainStreet Group, are seen to be for YOUR personal INVESTMENT and gain in the said public company under the Shareholder banner of MM Holdings Pty Ltd.
Where was this CAPITAL to come from to acquire your 19.9% of the MainStreet International Group, from Equititrust Limited's Management Fees or the two Funds under ETL Management as their Trustee?

In any event, such CAPITAL as agreed was NOT forthcoming by YOU or Equititrust as you reprsented, hence the MainStreet Group withdrew and have, as we understand from correspondence, issued instructions to their Legal Advisors to sue YOU personally, MM Holdings Pty Ltd, and of course Equititrust Limited of whose stationary you utilised for this purpose and representation. When will you STOP using Equititrust for your own personal gain?

Again, did you EVER intend to pay for MainStreet Shares? or did you USE A DOCUMENT (Equititrust Stationary) to entice them to issue Shares and MainStreet Money, TO OBTAIN A FINANCIAL ADVANTAGE and under your instructions as such a new major Shareholder, for them (MainStreet) to rely on your capital sourse (Equititrust) rather than that of others, as you requested of them in writing to do.

These questions beg to be answered one way or another! ...... And Mark, "we S**t you not", they will be!
 
EVERYONE NEEDS TO DRAWER A DEEP BREATH....

this web site has been a great forum and a lot of essential truths have come out...this site probably more than anything else has brought this corporate issue to its present state .. it proves that the system does in time work....

we now know that authorities have used it on occassions to open lines of enquiry. Much work has gone into some of the material. It has become a strong data base however as can be exxpected where poeple lose money etc, some of the POSTINGS are very personal and whether (in soem cases) true or not, this forum is not the place to air these greivances and worse, such personal attacks (assumed as true or not) put this BLOG and WEB SITE at risk.

Lets now let the legitimate authorities do their job. We are not Judge and Jury and we have to be careful not to get too carrried away.

To lose this DATA BASE would be a tragedy and all of us would be the loser.

Therefore, we all need to think carefully before we POST. This is not some GRAFFITI wall where we can scribble whatever we like..... lets deal in hard facts. Let other legitimate investigative bodies do their jobs. By all means lets pose reasonable questions and swap surveillance BUT be very careful. There is always a presumtion of innocence and no matter how angry some of us may be, this web site is not some public pillory where we can let loose.

If one of us does this - this site could be lost to us all and that would be a shame.

ASIC, Piper Alderman, the Media and others all have enough ammo - let them be Judge and Jury in the matter.... lets swap factual data such as Court reportings and legitimate media matters and be careful to leave the personalities out of it.....

That's my two bobs worth.
 
Who was the receiver ???

Who was the receiver and did ASIC have a hand in relieving the receiver of his duties...
 
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