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Wellington Capital PIF/Octaviar (MFS) PIF

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Who ever YOU are rms trader, don't go calling Seamisty a 'disgrace' 'with malicious personal intent and vendetta' without expecting us to take offence. What absolute nonsense!!

In case you haven't noticed, this site is ABOUT sharing as much information as possible about dishonest & misappropriation of OUR MONEY in a specific fund through lies and deliberate deceit. Seamisty has been absolutely instrumental in uncovering a HUGE amount of information which is about to make a difference to all of us with money in this fund. Who are you, to go insulting one of our hardworking genuine ethical & honest workers? Who put you up to this? (No wine as prize). Have you got money in this fund? Clearly not or you would see it all very differently.

A small detail given to her & included within a wealth of information, which may not have accurately portrayed a completely unrelated set of circumstances is no reason for you to come on here bleating as if it's some HUGE injustice.

Have you looked at the long damning incriminating list DoraNBoots has put together on JH & her colleague’s goings on???? (Thanks Dora for that.) As if getting a tiny insignificant (to our fund) piece of information wrong makes a blind bit of difference to that HUGE list.

Go back where you came from rmstrader. This site is here for those with money in the fund and anyone seeing their own money slipping away would NEVER attack Seamisty like you have. So personal & over NOTHING at all. Leave us alone to fathom out ways to bring these crooks to justice. Good luck sticking up for crooks like them. (Or should I say 'crooks' like you' as you must be one of them to disrespect someone so personally who has been so awesome for our fund.)

Keep the info flowing team. There are enough of us & we are smart enough to nut out for ourselves large & small details as they flow in, sometimes needing correcting. The more info the better!! And we are about to meet some very significant goals in the near future so let’s not be distracted by self-indulgent posts like this, which are clearly NOT in the best interests of improving the value of our fund.
 

OMG well said DepressedDad & keep the info flowing Seamisty. This site is for people with shares in PIF, pity we can't keep outsiders OUT.
 
For all of you who have contacted me in relation to what to do re the rights issue, I honestly cannot give you any advice. It will have to be a personal decision made by every individual investor, whether you seek financial advice from a qualified person is your right. I honestly cannot believe how ASIC left us to fend for ourselves re the placement and rights issue, an absolute disgrace and I will be contacting them again because even though I am in a total quandry as to what to do I have NOT even received the appropriate documents from WC!!! And even if I receive it by tomorrow that leaves me precious little time to seek investment advice and organise finance while at the same time running a business then get payment by cheque there on time. Stuffed up there again Wellington Capital. Also I am at a loss as to how the extra units will benefit us with voting power when many have already or are in the process of voting?? This whole issue is nothing more than a BIG FAT WELLINGTON CAPITAL SCAM in my opinion. I believe we still have legals working on our behalf re this dilemma.
Seamisty
 
Couldn't have put it better myself, DepressedDad! Put your brain into gear before opening your mouth, rmstrader.
Be not discouraged, Seamisty. When one is as brave and outspoken as you, these kind of attacks are inevitable from time to time, and we all know will only harden your resolve to see justice done.
 
Thanks for all the support. Our hardworking PIFAG vice president has spent the day at Castlereagh Capital working his butt off to get this show on the road. He called me and asked that to reiterate that you DO NOT return the pink form to WC if you are opposed to WC remaining Responsible Entity, bin it even if you have already completed your YELLOW FORM.
There will not be any independant observers at the EGM but Computershare will be present to handle any late votes.
Castlereagh Capital urges everyone to get their proxies in by no later than the 13th June even if you will be attending the EGM as this will negate the need for you to queue up to register. Naturally we are hoping for huge numbers of PIF investors showing support so in the event that you do not vote prior to the EGM you will need to be present at the meeting by 10.00am, an hour before it commences at 11.00am in time to register.
My proxy vote was submitted today. Keep the support coming please.

Seamisty
 
I'm a regular reader here, but only one or two posts before this one.

Received the Wellington "Don't change" mailout today.
I find the red & black 'scare' text and the portraiture on the pamphlet plainly insulting, as if I'm just a mug who can be impressed by such obvious 'tabloid' s**t.

The whole presentation is poor and shows an ugly attitude by Wellington - but I am not surprised as that's been on show for a while now.

I hope Wellington is replaced.

I thank all the hard workers and supporters who have created the chance to make the change - but I remain pessimistic given the 'rights issue' and "9 cent unit issue", both designed to engineer a takeover.

Good luck PIFAG, hope you succeed. My proxy form has been posted.

Casey.
 
Could I also add that for those of you that have voted FOR Castlereagh who trust me with your identity would you please give me your name or the name your investment is in by private message or email me if you have it so that we can tick you off our register? It will save us lots of time making calls. Thanks, Seamisty
 

If you're a compassionate person then you might try to take the time to understand the impact of the substantial losses suffered by many of the members of this forum (a number which includes Seamisty).
Sadly, it seems your compassion is very much focused with SIDS, in complete indifference to the anguish suffered by members of the PIF.
 

I shall be returning the yellow form but why not send in the pink one also voting Peter as chaiman and FOR all the resolutions?
 
Seamisty #7218 quotes this passage from new unit issue atatements:

"The New Units will be issued without disclosure to investors under Section 1012DAA of the Corporations Act 2001 (Corporations Act) as modified by ASIC Class Order 08/35."

A'SICk can not be in two camps at the same time. Who disagrees?

Regards,
 
reasonable said:
I shall be returning the yellow form but why not send in the pink one also voting Peter as chaiman and FOR all the resolutions?
Click to expand...
It is just a precautionary measure as I was told that if the pink one is sent after the yellow one and someone leaves it blank or makes a mistake it will over ride the original vote made on the yellow form. Seamisty
 
I do not know A' sick, but please read his or hers posts carefully.

I see only a highly intelligent individual who is trying his best to assist and help
investors on this forum .
 

ASICK - I appreciated your previous post which I will respond to but don't preach to someone when you don't know or understand their circumstances. If this person wants to help people then don't do it by bagging and misrepresenting the facts. If this person is trying to help people involved with PIF - then why the "attack" on G8 Education??

My focus is not "very much focused with SIDS in complete indifference to the anguish suffered by members of the PIF" This is a foolish unmeasured quote. At least the people of PIF have some hope - whether it is with their current management team or if they choose to vote otherwise with someone else. I hope they make the right decisions for themselves - at least they have some hope - I was a shareholder of MFS I had no say in it when Michael King sent it down to tubs and I got ZERO. everyone....stick to the facts stop playing the man and ASICK do your want to stick your other foot in your mouth. Poor attack and poor form! RMStrader.
 
seamisty said:
It is just a precautionary measure as I was told that if the pink one is sent after the yellow one and someone leaves it blank or makes a mistake it will over ride the original vote made on the yellow form. Seamisty
Click to expand...

I understand but now knowing the relationship between Armstrong and hudson I would not trust Armstrong to declare the correct results.
 
I am urging those who do not understand how to use the quote tags (when quoting other posts) to take a couple of minutes to review this thread: https://www.aussiestockforums.com/forums/showthread.php?t=2737

Any posts that make incorrect use of the quote tags from this point forward will be immediately removed from the thread, so the couple of minutes you spend learning how they are used may save you half an hour or more in reposting a very long post.

Please note this is an extraordinarily simple concept, so please take a few minutes to learn how it works.
 
Jadel said:
Entirely Agree Asick , these forums serve the function of letting off steam , Perhaps the following post will act a a salutary lesson or be of assistance to some poor soul in the future.

A Cautionary Tale
Click to expand...

Jadel, thanks for sharing your tale with us. Before reading your tale I was convinced that we just had the misfortune of falling in with a few crooks. Now I am really, really concerned as there is a pattern developing of recurrent fraud, deception and theft on a massive scale by an organised group of criminals that have been operating for many years with impunity. I just thought the regulators were incompetent, under-funded and inept, and hoped maybe they would take at least some action down the line. How naive I was! THERE IS NO CORPORATE REGULATION IN AUSTRALIA, and we are left to fend for ourselves in a shark pool.
 
It seems there is an unfortunate coincidence, and some confusion between the name used by a forum member and another entity (and nicknames given to it).

I'd like to thank "ASICK" for his/her knowledgable and insightful contributions.

ASIC on the other hand, (and I'm sure this is the entity that Simgrund was referring to as A'sick) has thoroughly deserved my/our condemnation.

cheers! (in 3 weeks!)

- Alan.
 
JohnH said:
Without wishing to add fuel to a tiny fire, isn't Chris Scott M.D. ......... Craig Chapman is listed as "executive director".
http://www.g8education.com/content.cfm/Board_of_Directors/5/
Click to expand...

Hi JohnH - look we all get things wrong - its a small thing arguing about who's who in the zoo - this was not my point. If this was the only thing Seamisty got wrong who would care - but it was all the other points that I take issue with. I respect their willingness to help the unit holders of PIF with information and assistance. By why the muck racking leveled at GEM.

For the record, on the latest industry briefing announcement to ASX Craig Chapman is the "CEO" (Chief Executive Officer) he is also a Director - which makes him an Executive director as well - yes and Chris Scott is the Managing Director not CEO. No big deal but is people don't get the little things right how do they get the big issue stuff right. unfortunately, seamisty has continued to make a further claim of a childs death (muck racking) against G8 Education. I at least have taken the time to query this and they are completely WRONG - if I can find out the facts in an hour why not them - I will address it with Seamisty again and hopefully a further apology to G8 will be forthcoming. rmstrader
 
rmstrader I have apologised and as far as I am concerned the issue is at an end.(another apology from me will not alter the GEM share price or the fact that not one share was traded today) Seamisty
 
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