On the eve of the The Judgement,

...and why it is so important to have PIF voices there on the ground!

Them Memories flow, and these comments from not so distant past may be remembered:
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""" I have been following the PIF issues closely as a I have close friends caught up in the mess and
I was also aware of an offer to OCV to acquire the RE which manages the PIF from PIF.

The group wishing to acquire the RE was a major european insititution
with billions at their disposal who saw an opportunity to enter Aust through
undertaking a workout of PIF on behalf of the 11000 investors.

They could not even get in the front door with OCV to conduct due dilegence.
They provided details to OCV as well as JH at Wellington in her position as advisor to Chris Scott
and despite numerous phone calls and written communication did not even get a returned phone call.

This group was told by a lady called Louise Edwards at Octaviar that OCV had over 25 expressions
of interest from parties wishing to acquire the management rights of PIF.
The bottom line is that JH has mislead the PIF unitholders if the statements in the paper are correct.
She stated that hers was the only real offer and "no one else got close to due dilegence."

If you do not consider any other offer then of course your own offer becomes the only offer! """

by PIF member, 30th-May-2008 09:21 AM
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That's 25 OFFERS to select from for our fledgling PIF AG identity!
And 'them are the real breaks', weep no more!

Regards,