GTP great southern limited

If I am reading into this correctly Ajaydee 73,that an investor...

  1. 3,442 Posts.
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    If I am reading into this correctly Ajaydee 73,that an investor should take it on the chin and cop paying this scam,and seeing you would be paying tax,you are paying it to a non government source by default instead of the ATO.?

    A couple of points.

    1/ I did not invest to rip the ATO off,the decision to enter this scheme was to invest for the medium long term for financial security for my self and my family,and it was an opprtunity in a collective to value add in a sector of the economy that is treated as sand pit of money laundering---look what is happening now.

    2/Yes we are in a sub prime and people are in denial,and it is bigger than what we are discussing,I refer to the weekend article the AFR wrote as I remember that MIS has cost this economy $6.8 billion dollars in Australia.

    3/The Independent woodgrowers Co-Op,is of the opinion that the trees are the property of the investors,and that is fact,now the law as sanctioned that the banks can use the trees to get the banks out of the mess,and as I see it the investor gets nothing.

    4/In hindsight(wonderful word),consider that th markets were flush with coin,and money was not going out of the banks quick enough to make a return,looking back this was an ideal way of making a new market if the rules were made correctly for this perfect financial storm.

    At end of days this arma gonna getcha,is in the investors court if the investor wants to fight back,and as stated in the first post High court is the end game,otherwise it is dun and dusted




 
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