Without trying to attract a whole lot of vitriol and slanging - I am a Grower in the 2009 plantation with only a small holding (3 Wood Lots),(or about 200 Trees), (Last valuation from QIN suggested $130K). I am all paid up (maint Fees), and put my own cash in up front to buy the assets (not their deferred payment scheme). Original suggested harvest date year 2022.
What is the likely outcome for my assets if either VA or Recap occurs. The opinions seem very clearly divided ? Some sources suggest that despite believing I owned the trees, by ACTUALLY PAYING FOR THEM WITH REAL MONEY FROM THE GET GO, that I don't own them at all ? That they are tied up in a convoluted subsidiary company ownership deal ?
Unlike others, If its lost, its lost. I am not bitter. Some you win, some you lose, and i wont be participating in any Class Actions. but just keen to know my likely position with either outcome ?
TIA to anyone replying with factual advise, and not condemnation, judgement, abuse or cynicism.
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