octaviars debt to pif, page-12

Fairisfair,Thanks for clarifying some of the issues/concerns that have been raised regarding the PIF.It has brought some balance back to this thread.PIF holders are becoming increasingly frustrated, stressed and many are suffering financial hardship. The majority know the damage to the Fund is a result of mis-management from the OCVIM RE before Chris Scott was given a position on the board.He is blameless in my view and I was not unhappy to see the control of the PIF shifted away from OCVIM. What the PIF holders are unhappy about however, is the lack of communication since WC has got control.The longer this continues, the angrier and more disillusioned we are becoming and that is why we resort to forums and media reports seeking information.In the event of OCV being liquidated, there will be no winners.Having been part of MFS?OCV since its inception, I would hate to see this happen.The part that upsets me the most is that if the Fund had not been used by King as his private piggy bank to salvage poor decisions made by the previous board and was run as it was originally intended, we would be able to take advantage of the current economic situation and really made a killing. Instead we are left to wonder and speculate as to what the current unit value is and trawl the net and newspapers, looking for any scrap of info we can find.Regards, Seamisty