PGC - Licenced to Bank

[The Truthseeker]

https://www.nzx.com/regulators/NZXR/...cements/288133

And what will the FMA and NZX do with yet another late filing by PGC?

Playing right up to Georgie Porgie's intentional snub of all and sundry by suspending the shares so minorities are yet again disadvantaged.

Bloody jokes - FMA and NZX.

Interestingly no NZ media appear to have run with this one - "Tort of Con!spiracy" http://www.theaustralian.com.au/busi...9c2749954d3f37

quote - New Zealand businessmen *George Kerr and Russell Naylor have launched legal action in the Cayman Islands accusing fund managers and two New Zealand government bodies of an unlawful conspiracy to remove them from running a fund caught up in the Van Eyk collapse.

The lawsuit, the latest in a blizzard of litigation enveloping the Van Eyk saga, names as conspirators Sydney funds management group Millinium, Millinium director Tom Wallace, New Zealander Greg Marshall, who runs Logic Fund Management, Crown Asset Management (CAML), the Accident Compensation Corporation of New Zealand (ACC) and its investment manager Nicholas Bagnall.
Mr Marshall declined to comment and Millinium and CAML did not respond to inquiries.
An ACC spokeswoman said the allegations against it and Mr Bagnall were “wholly unfounded” and the claim was “an abuse of process and without merit”.

[Balance]

https://www.nbr.co.nz/sites/default/...NZCA%20152.pdf

https://www.nzx.com/companies/PGC/announcements/300590

Interesting judgement to read.

[janner]

https://www.nbr.co.nz/sites/default/...NZCA%20152.pdf

https://www.nzx.com/companies/PGC/announcements/300590

Interesting judgement to read.

Indeed. " What a tangled web we weave when we practice to deceive? " springs to mind.

[Balance]

https://www.nbr.co.nz/article/suprem...ppeal-b-205330

Time for Georgie Porgie to fork over the A$30m of late payment fees now that the court process has come to a conclusion.

All up, it has cost him (via PGC and Torchlight etc) over A$32.5m for a A$37m 6 months loan.

Karma - as Georgie Porgie gouged from others (eg. Epic), in turn he has been super-gouged.

[Balance]

https://www.nzx.com/companies/PGC/announcements/306371

NTA down to 32c.

Georgie Porgie sure knows how to turn diamonds into coals!

[Balance]

https://i.stuff.co.nz/business/96927...clusive-figure

A good read.

[winner69]

Balance ....looks like George has had a bit of a win

http://nzx-prod-s7fsd7f98s.s3-websit...678/282583.pdf

[blackcap]

Might pick me up some if the prices remain around these levels. Plenty of upside potential in this one.

[Balance]

Balance ....looks like George has had a bit of a win

http://nzx-prod-s7fsd7f98s.s3-websit...678/282583.pdf

He will be celebrating with the last of his psychogenic-ally affected mates, shining torchlights down the black holes Georgie cleverly built to hide his talents for destroying his ancestors' wealth?

[Balance]

https://www.nzherald.co.nz/business/...ectid=12149426

Soon to become Richina Pacific II.