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Wellington Capital PIF/Octaviar (MFS) PIF

Speak of the Devil.

They must be getting desperate , Just got my phone call 2 minutes ago

Any feed back , "Not that I would care to mention to a young lady"
 
Thanks to all in the PIF AG who have organized this EGM and all the hard work. Our yellow proxy
forms are completed and sent on Friday.
Wolfgang
 
I, too, am a relatively small unit-holder (although to me it's a hell of a lot) and I, too, received “the call” from Wellington today. Unfortunately I didn't have time to tie up the caller in a long argy-bargy, so told him in no uncertain terms what I thought of Wellington and that I'd be voting the yellow ticket. Then slammed the phone down on him hard enough, hopefully, for him to need a break before resuming his insidious activities.

Amazing, isn't it? (Or is it?) Whenever I've called Wellington in the past, I've got just a recorded message – and only once did they ever ring me back. Now they are lashing out our money to pay the bills for all these nuisance calls we don't want.

Roll on, 16th June. I live in Cairns and, thanks to Wellington and MFS, can't afford to fly down for the meeting – but my proxy form is on the way to Computershare.

And to Seamisty: thank you for taking the time to reply to my private message confirming my vote. If only Wellington were half as caring.....
 
Speak of the Devil.

They must be getting desperate , Just got my phone call 2 minutes ago

Any feed back , "Not that I would care to mention to a young lady"

And I got the Pink Flamingo in the mail today.
Nothing's stopping me from ticking all in left column "FOR" and sending back.
But I would be wary sending it to Armstrong Registry lest IAC vote metamorphosis malaise strikes again.

So I will keep it for some colourful street parade in the future.

I want to voice on this Forum my strongest possible protest against Wellington Capital's use of the large mailing envelope for the purposes of publicly exposing my connection to Messes Ian Ferrier and Jim Byrnes.

The slogans used on the outside of envelope are immflamatory and point to the addresee as the target.
Whether it's to a mailman or to a neihbour; nobody should be put into such an involuntary position of outed personal affairs.

Take note Wellington Capital; you have already been warned off by Takeovers Panel.
Messes Ferrier and Byrnes have a strong Defamation case against you,
should they decide to merge to take this course. They have my vote.


Regards,
 
Speak of the Devil.

They must be getting desperate , Just got my phone call 2 minutes ago

Any feed back , "Not that I would care to mention to a young lady"


Wellington are known for using our funds to fight against investors best interests. Most of those kids employed by wellington probably wouldn't of been born and have no idea about investment schemes or when most of us were saving our investments to deposit monies in the PIF.

I have no doubt that Wellington Capital will employ "a rent a crowd" to disrupt the upcoming egm and the real kicker will be that they'll probably use our money to do it.
 
Thank you to Seamisty and the many others for everything. I received my pink forms today which have gone thru the shredder, yellow forms were sent last week and I will check tomorrow if they have been received. I am also declining from the Wellington share offer.
 
Simgrund I finally received my three big envelopes and I totally agree with what you say about having the red banner with names splashed on the envelope from WC. I will keep the envelope for future reference/evidence of waste. Perhaps Wellington Capital can charge the PIF more for the colour printing and you can bet that the printer was Print Mail Logistics of which WC is a substantial shareholder!! ( same snout in different troughs)
Once again thanks to all who have supported us, please let me know by private messge in notifications on ASF when you have voted and your unit holding name as we can then tick you off the register and concentrate on calling others. Great to see the support base on the forum growing and some new posters.
Seamisty
 
Just received my call from Wellington. Managed to ascertain that it is an outside telemarketing company. The caller was very professional and I wouldn't give too much information, but she did say that she had made about 200 calls and received a very mixed reception. I pressed her to ask what the percentage for and against was, but she (and I understand :badsmile:this) emphasized that she was unable to give me that information.

I think the red witch from the north is running scared.
 
Hi all

I've gone & fetched the slips from my Dad. Pink one has been threaded to tiny pieces with avengeance. (Did you notice they made the 'yes' squares bigger & darker? How very professional!!! ) The yellow one has been tucked lovingly into the computershare envelope & will wing it's way home tomorrow to join all it's friends!!

I had a look at the graph of my superannuation fund today & saw it had clawed back from it's lowest point almost back to where it started. That's what our fund should have done by now. Should have been back to 80 cents or so. But instead ravaged by thieves.

A big thank you again to all those that have made this vote happen. Finally something to get excited about.
 
I too am a smallish holder of units in PIF. I've had a lot of reading to do over the last 3 days, since I received my Castlereagh envelope in the mail on Friday. Luckily I found this forum on Friday.

As I am now a non-resident Australian, receiving information is a bit difficult. I missed being able to participate in the Class Action due to the paperwork not arriving in time to be able to be included.

I don't need to think about whether to take up the rights offer, as I am a non-resident Australian I have been barred from participating.

I will be faxing my yellow proxy form to Computershare this evening voting For each of the 7 Motions.

For the members of the PIF Action Group who have got us to this point, thank you.
 
Welcome to the forum AusInCA and thanks for your support. I am sure the Class Action is still open. If you open this link then click on John Walker in the Sydney section it will enable you to send an email enquiry http://www.imf.com.au/contact.asp

Cheers, Seamisty
 
I have sent the following email to:

jhutson@wellcap.com.au Monday, 30 May 2011 3.34PM
Dear M/S Hutson, Could you please advise whether any costs associated with the marketing campaign being conducted by Wellington Capital Ltd in relation to the pending extraordinary general meeting being called by members of the Premium Income Fund Action Group (PIFAG) is being debited by Wellington Capital to the Premium Income Fund. If the answer is in the affirmative would you kindly advise on what authority this has occurred? (appropriately signed)

I also draw the attention of forum users to the fact the PIFAG had to purchase the Unit Holders Register for the sum of $250.00. The register arrived in a "bare bones" state. No email addresses and no telephone numbers. When questioned about the missing links the PIFAG were told that is the requirement of the relevant legislation. Well, we all know that WC is running a campaign by using alleged telemarking recruits to contact unit holders and I just pose this question, "Does the legislation apply to WC" Have the telemarketing people spent hours and hours on the computer checking white pages and Google to contact unit holders? I say where is the level playing field WC? The PIFAG are acting in all unit holders interests by giving them a choice. I might indicate the matter is not just resting with this post WC.
 
Corporate cop turns heat up on white collar crims
http://www.abc.net.au/am/content/2011/s3231353.htm

...The newly-appointed head of the corporate watchdog ( read corporate Chihuahua) in Australia has signalled a renewed crackdown on white collar criminals.

The former investment banker Greg Medcraft, who took over as chairman of the Australian Securities and Investments Commission earlier this month says there'll be a greater use of surveillance such as telephone and wire taps to nail corporate crooks... that's "Please would you pick up the telephone ring ring badabad ding ding ring ring ring bing bing bing"

And for those interested in listening to the ferocious Chihuahua bark, a longer interview with Greg Medcraft and his vision for better consumer protection on the AM website.
 
The latest on GEO Property from SMH Business Day CBD:

ANOTHER CHANGE

Geo Property Group has taken decisive steps to finally blot out any lingering memories of its former manager, MFS Group, by proposing another name change.

The company changed its name from MFS Diversified Trust just two weeks after the Gold Coast-based MFS Group began its death spiral in early 2008. Geo has now pitched the idea of adopting the name of the home builder the property fund took over for about $200 million in 2006.

The notice of meeting lodged by Geo yesterday said: ''The directors have proposed a change of the company name to Villa World Limited as they believe it more accurately reflects the business of the company today.''

No doubt the name change reflects the value MFS bought to the table.

Before the takeover of Villa, the MFS Diversified Fund's then chief executive, Craig White, said: ''The merged group will become a larger and more significant member of the listed property sector.''

The merged property fund is now worth about one-third of what Villa was worth when it was taken over.

But in an effort to make things look more respectable, Geo has plans to get its share price back to pre-MFS collapse levels.

It is seeking shareholder approval of a five-for-one share consolidation.

Read more: http://www.smh.com.au/business/if-o...ere-so-easy-20110530-1fd0k.html#ixzz1NtMFR1dk
 
Will someone please verify who the tele marketer is working for WC making the phone calls? Is it Radar Promotions? thanks, Seamisty
 
Yes see my post.
Thanks reasonable. Another unitholder just rang Radar Promotions based in Tasmania and they said it is not them making the WC related calls. Can someone please ask specifically if they get a call, they are currently calling investors around the $200,000 mark. Thanks,Seamisty
 
Will someone please verify who the tele marketer is working for WC making the phone calls? Is it Radar Promotions? thanks, Seamisty

SOME MINUTES AGO I TOO WAS HONORED BY THE CALL FROM WC's PROXY PROMOTERS.
MAN'S VOICE TONSILS WERE ENGLAND BOUND, OR ONE OF THE LOCAL DIALECTS.
THE NAME DISCLOSED WAS "MATT DURACK" OR THEREABOUTS.
I PRESSED TO GET THE COMPANY NAME AS WELL AND HE HASTILY WOUND UP;
CHATTY UP TO THAT MOMENT, CAMAREDERIE.
A PITY, AS HE HAPPENNED TO BE THAT RARE POM I COULD AUDIBLY DECIPHER.

And the rubber mallet with which they're drumming WC's message is Castlereagh's defective Financial Licence.
I would think info can be posted here regarding someone's diligent research of public records in that regard????
Regards.
 
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