rivkin on the verge of commiting suicide, page-28

I have never been a great fan of rene Rivkin nor an adversary of his nor jelous of his wealth and fame. The reason being that RR has merely availed himself of the gullibility of many so vain enough to attempt to emulate him whilst he himself has cleverly and gainfully exploited several weaknesses in the system. Foremost of all of these weaknesses is the abject idiocy and toothless gutless character of the corporate regulators.

They have gone after RR with a vengence because like Michael Milken he has taken full advantage of the emperors nudity and made money out of photo shots of the emperor's new clothes. (Metaphorically speaking of course). Then they accuse him of pornography.

David Knott knows not what he knows not. Thats the start and end of it all. A Melbourne company remains listed inspite of not having paid its workers for the past 12 weeks.

The regulator when approached said that, "their records show that they are solvent and still trading". Their staf are scared to death of making any noises because it "May tip over the take over of the company being negotiated with a Big Asian invstor" who has incidentally been looking for "Overseas funds" and is "Nearly there".

The CFO, CEO and head office of the largest shareholder is either never in, just gone out, on the phone (for 13 minuites then cuts off our call) or is unable to talk to anyone (for the past week).

Again this is not the only one, there are six now identified in similar situations and all of which the ASIC will not investigate.

Keep your money in your pocket.

Keep well. I have Haemarroids.