Urgent Equity - article mentions set up July 2014.
I could not locate Cherryrox.
I feel the article is trying to tie Hugh Massie and 5G Capital to the late Ray Walker and his ponzi scheme, it would appear that if Ray Walker did set up 5G Capital for Hugh Massie that it occurred last MILLENNIUM yet the journo who mentions all these potentially associated companies only mentions the date of one of them, thats very convenient dont you think?
I see what he is doing...using certain facts in some parts of the story to emphasize fear whilst failing to include those same associated facts in other relevant parts....because it doesn't suit the tone of the article.
If guilty by association of using professional services of a person or company that later turns out to not be of the highest moral standards and is article worthy then anyone who used to subscribe to the Rivken Report, had insurance associated with Rodney Adler from HIH or have a CBA loan or banking facility that supports offshore money laundering....well, you might just somehow be in trouble.
Nearly every other company has been set up prior to any knowledge of this ponzi scheme becoming public knowledge.
I hope none of the victims of Ray Walkers ponzi scheme, or clients over the many years he operated as seemingly trusted expert in his field are in any way associated with an ASX listed company as I would expect, for journalistic consistency, an alarmist article may be on the way.
It would also be nice for this writer to maybe highlight the buying and selling of management just for a little bit of balance.
Oh and in case anyone has been hiding under a rock the past few years, Brandons father Richard has previously had an issue with the ACCC...they fined him a small amount of money, and he has had a name change, it was in the IPO and been mentioned hundreds of times on these threads and many articles, but hey, lets put it in the story anyway.
BIG Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
