OCV octaviar limited

pif related news, page-61

  1. 1,717 Posts.
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    I wondered the same thing myself Tybalt so contacted C Snow at WC who assured me my name was on the list. She said if I did not receive it to use the generic form on the newpiff website and she would make sure it was processed. Computershare was handling the mailouts. The sooner we can receive correspondence via e-mail the better. More efficient and less costly. I agree I still feel there was some kind of a stuff up, I have spoken to too many who definately did not nominate who are neither senile or feeble who received confirmation that they did nominate.???I also agree that lack of regular updates from JH no matter how unimportant or low relevance are sadly lacking. I have commented to WC on a weekly basis that investors were expecting more communication when they gave JH their support and general moral was low with those I was in contact with. Perhaps they think I am only conveying my own sentiment so for those who agree we expected regular updates please e-mail [email protected] and request monthly updates posted on the website. I don't see other listed companies having to clear generic information with the ASX/NSX. Any brokers or others out there care to comment on the legalities/requirements of this? Also what better way to communicate with investors at no cost to the Fund than via the media? If JH does not know the status of our oustanding loans to Jim Raptis because the company is now in administration then say so, rather than be 'unavailable for comment'.Tybalt you wrote 'JH has gone to ground which makes me think she is being less than honest with regard to the current status of the Fund'. I have had dozens of emails from investors imparting the same sentiment, some have used words such as arrogance and suspicious, I personally hope she is just too busy chasing up oustanding PIF money but in all honesty, how are we expected to know? I also think now the Fund is stabilised it is not going to attract much growth in the current economic climate and will not grow on its own merit alone. Surely there must be some strategies in place by now as to how WC will attract new investors/capital to the PIF when opportunities in the property market are endless. We already know there are people willing to pay 20% interest on commercial loans, perhaps WC should sell all our assets,lend the money out at 20%, pay us 7% and keep 3% for themselves and reinvest the other 10%!!!!!!Seamisty
 
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