Interesting to note on Mr Mackay the following extract from a news item on ERG clinching 'the deal'
"Besides his pornography interests, Mr Mackay has been involved with failed speculative stockmarket plays in the US. To protect investors, the US Securities and Exchange Commission (SEC) suspended Sure Trace Security in August 2005, citing the accuracy of public information regarding its technology sales.
Sure Trace had made a number of major contract announcements which had not become actual, revenue-generating contracts.
After Sure Trace was delisted by the SEC, it spun out True Product ID as a company to conduct technology joint ventures in China.
The other Mackay company involved in the ERG deal, Globe Staff Consulting -- also spun out of Sure Trace -- had its business registration revoked by the SEC for failing to file reports on October 20 last year after it had announced the ERG deal but before ERG announced the deal.
Mr Mackay had set up Sure Trace Asia (now True Product ID Technology of Hong Kong) while he was chairman of Sure Trace Security, and he transferred two-thirds of the company to an associate, the former English football star Steve McManaman."
Some similarities here. It it is also possible Mr Mackay may be the big player in the possible scam thats unwinding
ORBIS WILL GO FOR THE KILL AND I HOPE THE COMPANY IS NOT A SCAM -- BUT THE RELEASES AND FORECASTS WERE A BIT TOO GOOD TO BE TRUE ...
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