This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Wellington Capital PIF/Octaviar (MFS) PIF

Jump to new
OK, We get told by Wellington Capital that they are acting in our ( Unit Holders interest )

Then they get restrained by a "Court of Law" not to issue any more Units and then we find out that they are giving away Units "free" of charge.
Should we now be seeking advise on how to handle people who are not of a Stable mind
 
Hi Guys/Girls,

If this wasn't so serious for you large holders, it would be hysterically funny. I'm not sure they are playing with a full deck. The article in the Australian should let a lot more people know what's happening.

Surely with these goings on, we'll get what we want in the end.
 

Yes, I've got to agree this has reached a new level of intrigue. What about ' Reply with FULL name to confirm message'. FULL name just to confirm a message?? (Or to use without your permission on a legal document for underhanded purposes??) Can't you just see them scheming that? What about if there was a double agent in their midst who had arranged for the seat-fillers to vote for Ferrier at the meeting instead of Jenny? Can't wait for the movie!
 
I would like to thank all of the unit holders who spoke with me at the meeting on Friday and offered their support and encouragement. I particularly would like to thank the unit holders who told me they had voted for WC but after seeing the management of WC"S performance at the meeting they would definitely like the opportunity to reverse their decision and indicated they would never consider voting for WC again nor open any of their communications. I have also received a number of telephone calls at my home indicating the same thoughts. This is of course before the press articles. There is definitely serious times ahead but as far as I am personally concerned, the PIFAG will maintain their dignity, not lower themselves to adopt improper strategies with the solemn belief "that the truth will out." To anyone that this might concern, "It is not an offence to mislead the press" that is of course you are of that persuasion but it is certainly a serious offence to mislead a Court of Law. Interesting times ahead.
 


Can someone advise me if Unit holders who have already voted for wellington who after reading the latest facts about our TRUSTEE now choose to change their vote..are they still eligible.


Can you please tell me what needs to occur?

If its at all possible I Stongly suggest anyone who now has Now finally seen the light to send your proxies to computershare.

Because perhaps wellington Capitals and Armstrongs registries computers may still be in the 2nd floor foyer at the grace hotel printing out PIF units to young unsuspecting students?
 
I believe if you attend the meeting you can vote from the floor. When you register on the day tell Computershare you now wish to vote from the floor. As far as I know you can change your vote anytime prior to the meeting. I would suggest you ring Computershare to varify that this is so.
 
Precedent tells us that Boards usually fracture when failure is nigh. Oh, to be a fly on the wall this weekend in a certain Brisbane boardroom: "But you said..." "No, I didn't..." etc etc.

K Smith's brilliant contribution deserves great praise. So much for Wellington's snooty attitude in relation to this forum. And let's make sure that the PIF isn't paying the bill for personal bodyguards.
 

Please forgive me for losing track of time. I meant Thursday not Friday, I certainly did not engage in any other meeting. I only attended the advertised meeting.
 
...Or for the $20,000+ for the "ring-ins"! ........... John H.
 

Charles. Have you looked into the legitamacy of holding over the proxies til July 14th? There are 10000 odd shareholders with only 200 odd showing up to the meeting so changing your vote from WC to AG on the day is not going to achieve much. Would the proposals need to a reissued. Also WC , through Armstrong is holding proxies voting for WC so I would think they will be shy to give any of those up so if people want to change but if WC shows up with their original won't that get a bit complicated and probably give reason to postpone AGAIN?
With Respect
 

More i,portantly who is paying for the 6 bodyguards. Will be interesting to see how the auditors allocate aall of these costs in the last couple of months. As unit holders can we aask how WC is paying for various items such as body guards, stand in's, film crews, flights and expenses for all of the above not too mention the legal wrangling going on?
 

I have learnt that anything to do with WC is complicated. The Court case is set down for the 6 July, 2011, it is the intention of the PIFAG lawyers to ventilate all aspects of this matter. Let us all wait and see. My experience, however little I may be judged, is that Justice will prevail and the law is not an ass. I have high hopes for the future. I am sure the PIFAG have demonstrated their honesty and credibility and will not waver or reduce ourselves to improper tactics to win at all costs. We shall leave that for others.
 
I think it would be safe to say that you should add the cost of the "PIF Reaction Group" flyers to the list (of who is paying ) as well
 
reasonable said:
Castleraigh may be very good at their job but useless at presenting their website. The latest has date errors and missing links.
Click to expand...

Castlereagh is currently moving from 1 Castlereagh Street Sydney to Australia Square

With the EGM, press releases, court actions, etc and a huge move on the go, I am impressed they got anything out

However I have advised them of the date error and link clarifications:

Notice
Reads 23 July - should read 23 June

Notice ...is linked left under heading, 'Latest Meeting Details', then 'Media Coverage' and 'Media Releases'

thanks Reasonable
 
WC's tactics are based on fear and confusion.
They choose the most vunerable in society - the elderly and weak to wear down.

There have been numerous Transactions on the NSX which I suspect will influence the investors greatly.

I expected the Rent a crowd because its an MO in their previous behaviour. And we havent seen NOTHING yet!

When Given all the facts and explained what Wellington capital do to their own investors. Is there anyone who would still want WC as a trustee or involved in any financial dealing?
 
JohnH said:
...Or for the $20,000+ for the "ring-ins"! ........... John H.
Click to expand...

So 200 'stunt'men (for her stunt) x $200 ($100 in cash & $100 in shares) = $40,000. Plus $20,000 + for rent-a-phonecaller = $60,000. All the while after years of struggling, my Dad finally sells his comfortable 4 bed/2 bath house in Runaway Bay and trades down to a tiny miserable relocatable grovel in an aged care complex to free up some capital to invest so he can have a little spending money each week, now he's in his eighties. Yep, Jenny sure put paid to that plan. To think what he could have done (and eaten) with just that $40.000 she threw at randoms for the morning's debarkle.

Would she treat her own father the same? My answer is yes, but let's hope some of the other rats decide not to go down with the fast sinking ship & spill some beans. (Although I agree it will be out of self-preservation rather than their greed no longer outweighing the blatant & deliberate devastation of so many people's lives).

A gross underestimation of 'a small group of disgruntled investors' or words to that effect. Can't find the exact infamous quote oinked out a while ago. You guys (& gals) should be very proud of yourselves unearthing the filthy sneaky tactics of these common criminals. And all the while, conducting yourselves with dignity, integrity and honesty. Justice will prevail now the walls are crumbling.
 
I just wanted to thank all involved in the court action and meetings. Unfortunately we weren’t able to attend the last meeting. However with all the “shenanigans” we have decided that it is important that we attend the next meeting.

The red jacket might need to be replaced with a prison uniform.
 

Don't forget to add in the cost to fly approximately 30 people from The Forest Resort to the meeting, chauffer them from the airport, breakky, restaurant lunch, and dinner, and flights home. Who paid for them?
 

Well you can be sure of one thing. There is no way on this earth that JH's purse is paying for any of the costs in her attempt to maintain her strangle hold on our fund. There is only one cash cow for her and that is US. We are paying for the lot through our hard earned and rapidly depleting investment. She does not give a ratz about using every last cent of our money to achieve her aims.
 
Its not just the elderly caught up in the PIF problems.

I am 30 and am just as much a victim too.

For information of all people the PIF Reaction group flyers are coming from Queensland. They were processed at the Northgate Mail Centre in Queensland 4013.

I have kept the envelope sealed with the flyer inside when I discovered its postage location stamped on the envelope. Photos have been sent the the AG and Castlereagh. The evidence is still here should it be needed for proof in legal action.
 
You must log in or register to reply here.

Similar threads

MA1 - MA Credit Income Trust
Replies
3
Views
428
Dona Ferentes
DGT - DigiCo Infrastructure REIT
Replies
8
Views
961
Dona Ferentes
Coolabah Capital
Replies
5
Views
1K
divs4ever
VBTC - VanEck Bitcoin ETF
2
Replies
36
Views
4K
qldfrog
November 2024 DDD
2 3
Replies
53
Views
5K
ducati916
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...