Our nice,freindly and caring GTP has just advised all their...

Our nice,freindly and caring GTP has just advised all their Authorised Reps and other poor sods with GTP MIS investors ,that they are sending in 'the cavalry' to collect any arrears.
Some quotes from these nice people:
'Great Southern arrears recovery

You may be aware that Great Southern has recently appointed a firm Recover-e Solicitors to collect long outstanding arrears from project investors.

These arrears are comprised of:

Insurance premiums invoiced prior to December 2007
Sylvatech management fees prior to May 2008
GST invoiced prior to July 2008
Almond Project management fees invoiced in February and September 2008'
I suppose this is usual corporate proceedure but,I suspect, the outstanding debts are of major concern.
By the way, the research house,Advisor Edge, has estimated that MIS sales will drop from $1.15B last year to a figure of $650M this year.Highly unlikely that the flawed model of GTP will share much of this.
Don't get me started on 'asset values' or that every bit of bad news is already in the current price.Crap.