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Storm Financial Group

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Smiley said:
Here is your chance to contact the Cassimatis's website:
http://cassimatis.com.au/index
You can email them questions and read their claims.
Click to expand...

Thanks Smiley, this site is "pure gold". Although I do notice that it is badged with a Wilkinson Media link and that there is a notation on the "Forum" - "Ask as a Question" link that states, "Please note: we reserve the right to select the questions that will be published to the website."

The mission statement on the home page is admirable, about "finding justice for all".

And of course it must be reiterated, at this point in time no entity has been found guilty of any legal breach what-so-ever.

What questions could persons ask of the Cassimatis' ?

Has anybody posted a question yet?
 
Garpal Gumnut said:
Garpaldog would not be happy in the yard. The fengshui is all wrong.

gg
Click to expand...
Hello GG, I'm really interested in Garpaldog's reactions. Good to know that he has the canine feng shui all sorted out.

Is there any chance you could send him down here to pass his expertise on to the German Shepherd Libbydog?
I don't think she has the faintest notion about feng shui.

I acknowledge such passing on of expertise would involve substantial fee to your good self and hope we could negotiate this.
 

lol

garpaldog sends his regards to libbydog.

since we got him this book last Christmas he's started tai chi as well.

http://www.amazon.com/Feng-Shui-Dogs-Louise-Howard/dp/0091860857

gg
 


I posted the two questions below. I'll let you know what answers I get, if any.
I doubt if they'll post my questions on the website.


You have repeatedly claimed that this event was 'unprecedented'. How can you have forgotten the precedent set by the 1987 crash which was much more brutal than the current crash in terms of the speed of the plunge?
Current crash....down approximately 50% over 12 months
1987 crash.....down 25% in one day and approximately 50% in 3 months

You've defended your actions of putting new clients into a plunging market, by stating "You buy stocks when they're cheap".
Given your decades of involvement in the financial markets, can you explain your lack of understanding of the suicidal risks of buying plunging stocks....how could someone of your experience fail to realise that 'cheap' is likely to become much cheaper when the market is sinking rapidly?
 


I have sent an email asking:
What do they mean about a "Black Swan" event and also asking what strategy did they have inplace for when the market takes a large downward movement. It will be good to see if they post a reply on the website.
 
cassimatis.com.au

Click here to talk directly to Emmanuel and Julie.

Talk to Us

Recent Questions

Is it true liquidators have seized your private jet?

"No. As of right now there are now liquidators involved with us. We have put our aircraft on the market for sale ourselves. It’s a Beechcraft Premier 1A, which is a seven seater aircraft with a maximum range of three hours. "

They will need a jet with a much longer range than 3 hours to get out of this mess.
 
In light of the attached quote and article, and the abscence of any negative reply from any of the many Storm clients who have vented on this site.

I am going to assume beyond reasonable doubt that each and every Storm client had the capability to monitor every aspect of their investment online on a daily basis.

It would appear those that got bankrupted failed to that.

What else could explain persons allowing their debt to blow out their housing equity loan.

AFAIC their is no excuse for that laxity.

If I am incorrect, by all means correct me.


http://www.moneymanagement.com.au/article/Ignite-distances-itself-from-Storm/437140.aspx

"Explaining the company’s activities, Fenech said it had developed software that Storm used in connection with Colonial First State and Challenger Indexed Funds.

“Storm was our client but, like everyone else, they [owe] us money – we are one of the creditors and we have turned off the software (to Storm),” he said.

Fenech said the software had not simply been re-badged from another provider and was proprietary software that had been developed by Ignite, which employs around eight developers.

He said apart from Storm, the company had two other clients, but he declined to reveal the names of the other companies using the Ignite software."
 
I wonder where all the vested interests rest in this forum. Carey Ramm talks about bank trolls, however I wonder if he ever discloses his past/present links with Dalle Court and why they have escaped scrutiny adopting similar if not identical strategies to Storm. When the Storm debacle blows over, rest assured that Isi Dalle Court will be the next round in the chamber....

Lets face it, double gearing is double gearing so lets remember that it is not only Storm Financial offering this sort of advice.
 
Strom Software:
Find victims Mortgage their house to the hilt, collect a hefty fee, buy shares sit back...wait.... no reset button ooh NO.
Turn of PC and hide under the bench.
 
Glen48 said:
Strom Software:
Find victims Mortgage their house to the hilt, collect a hefty fee, buy shares sit back...wait.... no reset button ooh NO.
Turn of PC and hide under the bench.
Click to expand...

Glen48, you are not right at all, after the reset button, you then look around for your next lot of suckers to milk.
 
Ok course you PC blokes are smart, delete the Memory, increase the hard drive and use more ram, wave a big USB stick. should get it up and running in no time.
 
Ok course you PC blokes are smart, delete the Memory, increase the hard drive and use more ram, wave a big USB stick. should get it up and running in no time.
 
Solly said:
It has been reported that the Storm creditors meeting date has been extended to 16/3/09..
more details soon
Click to expand...

"The administrator of Storm Financial has won an extension on the time until the next creditors meeting.

The meeting of Storm's creditors was due to happen next week, but the Federal Court has extended the meeting's convening period to March 16."



Here's the ABC link;

http://www.abc.net.au/news/stories/2009/02/06/2484634.htm
 


Swazee can you give more info on Dalle Cort. All I can find is their website at

http://www.dallecort.com/Dallecort/

I have no direct knowledge of their operations.

Are you stating that they use the same strategies as Storm and will face similiar challenges to Storm?

I hope that Carey is still reading this forum and will offer a comment.
 
Every cloud has a silver lining. Now is a great time for anybody wanting to buy near-new yacht in Townsville. Hundreds of amateur property tycoons are facing ruin and are motivated to sell.
 
Today Saturday Courier Mail has a story about 100 Townsville homes placed on the market this week with more to come, lucky for the the Victims of Australia version of the Made Off scheme house prices have risen 9.3%.
 

This A/C is quite a nimble little performer..it's no CJ but will cruise quite well around FL40....but I'm a little biased. I believe you'll get almost 1K nm out of it depending on number of pax, payload and head wind.
You may just be able to manage a long glide into Vila and just manage a 2 or 3 degree flare on landing.

I imagine this little luxury would be quite hard to give up and being forced to to travel "cattle" on JQ on a commute to BNE or SYD would be quite a lifestyle change. I've never travelled JQ but I believe you can take your own food on board...
 
From the not the nine o'clock garpalmedia company


incaseitmatis.com.au

Click here to talk directly to Manuel and Jools.

Talk to Us

Recent Questions

Is it true liquidators have seized your mansions?

"No. As of right now there are now liquidators involved with us. We have put one of our mansions on the market for sale ourselves. It’s a Premier 1A Mansion, which is a seven bedroom mansion with a maximum range lift on three levels. "



To be represented by garpalmedia contact gg via pm.

gg
 


Hey Solly, Isi Dalle Court used to work at the old Storm. Essentially his model is the same, perhaps the only difference is that he only doesn't gear pensioners!! (that I know of) His cousin Gus Dalle Court was the operator of the Storm Cairns operation.

I know of one person who went there and they told him 'you have probably heard bad things about us?" They hadn't at that stage but thanked them for being honest and walked straight out the door.
 
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