Read about Ian Duffells past...

Read about Ian Duffells past

http://machinegunkeyboard.com/?p=235


There’s lots of news about Pulp and its soon-to-be insolvent (past) parent company, Signature Brands. Trading in Signature shares was halted on the ASX on 16 March 2006. The value of Signature shares has plummetted from 78c to 1c.
Former Pulp Juice owner and Signature Brands non-executive board member Ian Duffell has some not-so-sparkling company performances under his belt. See this item on Duffell:
Meanwhile, Ian Duffell has become the fourth Australian retail chief to lose his job this year, after music and underwear retailer Brazin announced a shock profit warning that sent its share price down 30 per cent. The company cut its full-year earnings forecast by 65 per cent, because of “difficult” trading conditions during the March quarter for the Sanity Entertainment group in Australia and UK. The dire assessment was in stark contrast to comments Duffel made in a media report just two weeks ago, reassuring investors that Brazin would meet full-year earnings targets.
Pulp was supposed to have been bought for $2 million in January 2004, but with the number of shares issued, it wound up being closer to $5 million, raising some eyebrows. Looks like Duffell, as board member of Signature, bought Pulp from himself.
Duffell’s name appears on the domain name registration for pulpjuice.com:

Domain Name: PULPJUICE.COM
Reseller…………..: PlanetDomain
Created on…………: 11 May 2003 18:12:35 EST
Expires on…………: 11 May 2007 03:57:42 EST
Record last updated on: 12 May 2005 11:25:55 EST
Status…………….: ACTIVE​

Owner, Administrative Contact, Technical Contact, Billing Contact:
Point Piper Pty Ltd
Ian Duffell (ID00039562)
1, Burran Avenue
Mosman, NSW 2088
Australia
Phone: +61.299698230
Email: [email protected]
Duffell had a financial interest in Pulp as early as 11 May 2003, per the registration. Signature bought Pulp from Duffell in 2004. Duffell was a member of the board of Signature at the time.
21 or 22-year-old Chloe Duffell is touted as the originator of the Pulp Juice biz. The Pulp website says:
WHAT’S THE STORY?
She came, she saw and she created PULP. A young Aussie girl with an eye for success, finesse and fitness, Chloe Duffell spent most of her teenage years growing up in the U.S.A. Having experienced the widely spread, ever growing juice and smoothie bars abroad, she found when returning to our shores that a product equivalent did not exist. Chloe envisioned PULP as something Australia needed, so PULP was born with the intention of making all fresh, all natural, deliciously tempting juices and smoothies that so many others fail to produce and stop the deprivation of the Australian people.
Ian Duffell is around 56-years-old… old enough to be Chloe’s father. Make of that what you will, but there’s a bit of nepotism suggested.
Signature was in dire need of a cash injection and so sold Pulp to Cherily Coad, d/b/a/ Pow Juice. Pow Juice applied for registration as a proprietary company on 27 February 2006, 10 days after Signature (and thence Pulp) were put into administration.
Seems like the accusation of an internal paper shuffle for the purpose of invalidating the employment agreements isn’t substantiable- Signature NEEDED to get rid of Pulp to remain solvent. It so happens that the timing Signature’s insolvency is rather coincidental with the introduction of NoWorkChoices.
Looking for more details on Cherily Coad and Pow, but not turning up much on the net.
Comment by weez 04.11.06 @ 10:08 am

We are now reaping what we sowed: Australians have got the government that they deserve, having elected them four times and knowing that these IR laws were coming, we now whinge about them.
Howard has trashed Australian workers’ rights and apathetic Aussies just let it happen.
Just like we blindly accepted our illegal invasion of innocent Iraq, who had never done anything to us, we also did nothing to halt Howard’s invasion OF HIS OWN COUNTRY, its workers and their rights.
This blog advocates boycotting an Australian company over this issue; but what about boycotting the bastards who caused all this at the next election?
Comment by Zog 04.11.06 @ 12:15 pm