2013 = our year!, page-177

Hi Atagnat, it has been discussed on here many times that I, Bloomingruby, am Atlantigold on the other site but I probably should have made it clear again when making my earlier post. Here it is again (as close as I can remember it) now that I have cleared up the possible copyright breach -

I wasn't going to post on HC ESI until the Monash situation had been sorted but all the talk re-Monash got me thinking and so i decided to dig around and see if I could find out more about Monash's status for the benefit of all fellow holders and anyone who has the good sense to want to look at all available info when making their invest ment decisions. Here are a few bits and peices that I found which are new info since the last time I looked closely at Monash -

A bit of a worry for those of us pinning our hopes for the future of ECT on Monash!

What is left of the “global” Monash Capital Group?

http://au.linkedin.com/company/monash-advisory-services-pty-limited

from above -
Check out our website www.monashcapital.com.au


https://insolvencynotices.asic.gov.au/browsesearch-notices/notice-details/MONASH-ADVISORY-SERVICES-PTY-LTD-089629210/984407a5-e51a-4099-9247-2a56a9906e8c

https://insolvencynotices.asic.gov.au/browsesearch-notices/notice-details/MONASH-PROPERTY-SERVICES-PTY-LTD-127520478/20c2cd5b-a56e-4e5e-be25-6a079f37c027

https://insolvencynotices.asic.gov.au/browsesearch-notices/notice-details/MONASH-MORTGAGES-PTY-LTD-121545417/13748785-72a8-4136-abda-579f9eafeaf9

With 3 out of 5 arms of MCG being wound up by ASIC things don’t look good IMO.

Some of these Insolvency Notices have only been lodged in the past couple of months and it appears were initiated by ASIC, not voluntarily by Monash IMO.

Are ECT management, currently on annual leave, aware of these developments.

Of course it may mean nothing and Monash are just downsizing, however being wound up by ASIC is certainly not a good look IMO.


http://au.linkedin.com/pub/jim-danny/25/550/467

http://au.linkedin.com/pub/meg-t/1a/247/613

http://au.linkedin.com/pub/mark-evans/42/607/785?trk=pub-pbmap

Wasn’t Mark the name on the mobile phone answering machine for Mon Cap HK office?

http://www.linkedin.com/pub/mark-evans/19/38a/62a

http://au.linkedin.com/pub/neil-youren/14/7b9/44a?trk=pub-pbmap

The above lindekin links are worth a look just to see who knows who as far as staff of these apparantly insolvent businesses go.

Draw your own conclusions. Personally I am unsure as to whether the above means much but thought it worth sharing and considering for holders.

All IMO & DYOR

Cheers
B Rubes(Atlantigold to some)