OCV octaviar limited

But Michael, are we there yet?On PIF trail that...

  1. simgrund
    7,867 Posts.
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    29/07/13
    10:34
    Post #: 12122543
    But Michael, are we there yet?
    On PIF trail that is?
    ===========================================================

    LM fund gave loan to Drake

    Date July 29, 2013
    Michael West Business columnist

    Peter Drake gave himself a $26 million loan before his mortgage fund empire, LM Investments, collapsed in March.

    Adding this to other loans, including a $16 million loan to a Hong Kong company controlled by the Kiwi-born businessman, and it appears that Drake owes LM at least $46 million and is headed for bankruptcy.

    Read more: http://www.smh.com.au/business/lm-fund-gave-loan-to-drake-20130728-2qsnp.html#ixzz2aOEnbxfO
    OCV Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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