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Thread: PAZ Pharma Zen

  1. #561
    percy
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    Quote Originally Posted by Mr Slothbear View Post
    just logged in to link market and now realise I had more PAZ shares than I thought, turns out I am on the list but was looking in the wrong place, bit silly of me

    my link market is saying each shares value is 0.051, I know the price doesn’t update properly on direct broking but is that normal on link market?
    Always check unlisted share prices,quotes,trades, and announcements on www.usx.co.nz
    I have no idea why Link quote a 3 year old share price.

  2. #562
    CEO Butch Analytics Ltd winner69's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    Not blaming you, just shows amateur hour. Company does a filing with the Companies Office including all shareholders and their personally identifiable information. Companies Office publish it. Go figure, to them it's just a company filing.

    I'm pi$$ed off, I might be on that list and these munters submit my personal details and contact information to the Companies Office, and the Companies Office just publish it without question. WTF!

    Would never happen with a public properly listed company. Best you can see as non-shareholder is the top 10. Holders can request from the company secretary a shareholders list. Even that doesn't contain identifiable information, except a name. Smart names hide behind a broker or holding company.

    Who wants some schmuck to be emailing or mailing them some BS about the company just because some clerk was dumb enough to publish their identifiable information to the Companies Office d1ck_heads who publish it to the open internet.

    Beggars belief. Another warning shot across the bows of investing in 'unlisted' companies with no personal protections of their investors personal identifiable information.

    Fuming, yes.
    I sense a letter to the Privacy Commissioner is already on its way .
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  3. #563
    CEO Butch Analytics Ltd winner69's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    Shocking they publish personal details of all their shareholders, haven't heard of the privacy act?!

    Interesting though to do some analysis, tightly held company, might explain lack of liquidity which drags up the SP (sellers market) since being more recently known, thanks to some promotion here. Weird how so many holders have way less than the minimum parcel on Unlisted.

    Top Holdings
    16.8%
    Top 1
    31.8%
    Top 2
    41.3%
    Top 3
    46.7%
    Top 4
    50.9%
    Top 5
    63.6%
    Top 10
    69.3%
    Top 15
    73.7%
    Top 20
    86.0%
    Top 50
    91.8%
    Top 100
    8.2%
    The other 477
    That guy listed as owning 50 shares is an interesting character in his own right
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  4. #564
    percy
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    .................................................. .................................................. .................................................. .............
    Morning everyone.
    Everyone happy.?
    Last edited by percy; 11-03-2020 at 11:07 AM.

  5. #565
    ShareTrader Legend Beagle's Avatar
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    Thank you for editing your post. It was clear quite a number of people here didn't want that link on here for privacy reasons.
    No butts, hold no mutts, (unless they're the furry variety).

  6. #566
    Aspiring to be an Awesome Bear
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    I admit I was a little taken aback to see my name AND address AND email address on that list! Removing the link from here however doesnt change the fact that our names and personal details are still on it!

  7. #567
    Membaa
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    Quote Originally Posted by winner69 View Post
    I sense a letter to the Privacy Commissioner is already on its way .
    I am the Privacy Commissioner. Ok, not really the PC, but I do know a lot about it having worked in identity management for some very large high profile organisations (amongst other sins).

    One doesn't have to be privacy expert to see this is a blatant invasion of shareholder privacy disclosing personally identifiable information. Someone trying to brush it off by saying shareholders can obtain share registers is nonsense, no share register obtainable through normal channels contains any identifiable information like address and contact email.

    Big drop of the ball here. 577 shareholders exposed to some greater or lesser degree. Maybe one in the top 15 doesn't care too much about people knowing their name, address, email. Possibly a lot of others do or would care. Can't just brush this aside, it's an amateur hour error and should be tidied up pronto with an apology to the shareholders.

  8. #568
    percy
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    Quote Originally Posted by percy View Post
    I think by law companies must provide a list of directors and shareholders.
    Companies listed or unlisted, use either Computer Share or Link Market Services to look after their share registry.
    It is the registries that provide the lists of shareholders to The Companies Office.
    At any AGM you attend,you are entitled to ask the share registry, to see the shareholders' register.In fact any company you are a shareholder,must let you look at it,if you go to their registered office.
    For fun check out some of the trusts,companies that hold shares in either Skyline or Paz. Easy as .Go to the companies office website, and type in the name[ of the trust,and away you go.
    Any complaints should be taken up with The New Zealand Companies Office [a Govt dept], as this is "public information" obtained from their website.

  9. #569
    Membaa
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    Quote Originally Posted by percy View Post
    Any complaints should be taken up with The New Zealand Companies Office [a Govt dept], as this is "public information" obtained from their website.
    And the Privacy Commissioner, and the FMA. Amateur hour. PAZ screwed up, they need to put this right. Disclosing identifiable information from their shareholder register is unacceptable. End of. Fix it.

  10. #570
    percy
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    Quote Originally Posted by Baa_Baa View Post
    And the Privacy Commissioner, and the FMA. Amateur hour. PAZ screwed up, they need to put this right. Disclosing identifiable information from their shareholder register is unacceptable. End of. Fix it.
    A little birdie has told me Link Market Services may be the place for you to make your complaint.

  11. #571
    Membaa
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    Quote Originally Posted by percy View Post
    A little birdie has told me Link Market Services may be the place for you to make your complaint.
    Done already, as with the others. Thanks for bringing this unacceptable breach of privacy to our notice.

  12. #572
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    Quote Originally Posted by Baa_Baa View Post
    And the Privacy Commissioner, and the FMA. Amateur hour. PAZ screwed up, they need to put this right. Disclosing identifiable information from their shareholder register is unacceptable. End of. Fix it.
    it isnt just PAZ Baa Baa Skylines shareholder register had peoples personal information listed as well I think...although I dont recall if they had peoples emails....
    Last edited by RupertBear; 11-03-2020 at 10:56 PM.

  13. #573
    CEO Butch Analytics Ltd winner69's Avatar
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    Margaret Firth as an Pharmazen authorised person attached that Extensive Shareholder List.

    Pharmazen have erred, not Companies Office or Link.

    The list from Link that was posted and then deleted was in proper format. Full names and addresses are a requirement.

    Margaret did OK but erred badly by not stripping out surplus info like email addresses. Here’s what needed -

    Extensive shareholding
    If your company has extensive shareholdings, you need to create and upload a separate document listing details of all share allocations and shareholders. This document should also be held as a record on your own share registry. It must include the full legal name and residential address of each shareholder.
    Last edited by winner69; 12-03-2020 at 04:15 AM.
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  14. #574
    percy
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    "The only beef people could have is the email address - though the companies act doesn't define "address" so arguably could be street or email.

    The rest is a function of formatting the data that comes From link Services. And that is a function of how people fill in their name and address details on their Account. "

    My "little birdie" sent me the above.

    I was "in good faith" updating post #212 page 15, on this thread,posted by some one else..

    Thank you W69 for your constructive post.
    We are getting there.!
    Last edited by percy; 12-03-2020 at 08:23 AM.

  15. #575
    CEO Butch Analytics Ltd winner69's Avatar
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    Quote Originally Posted by percy View Post
    "The only beef people could have is the email address - though the companies act doesn't define "address" so arguably could be street or email.

    The rest is a function of formatting the data that comes From link Services. And that is a function of how people fill in their name and address details on their Account. "

    My "little birdie" sent me the above.

    I was updating post #212 page 15, on this thread,posted by some one else..

    Thank you W69 for your constructive post.
    We are getting there.!
    Residential addresses in a prescribed format is a requirement. All public info. The Link list you posted seemed pretty proper ...Margarets spreadsheet is a bit of a mess

    Margaret at Pharmazen should have been more careful with what she submitted ...like stripping out the non required stuff like email addresses.

    I take it Margaret acts as Company Secretary or something.
    Last edited by winner69; 12-03-2020 at 08:45 AM.
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  16. #576
    percy
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    Quote Originally Posted by winner69 View Post
    Residential addresses in a required format is a requirement. All public info. You can see why many use companies / custodial services / trusts and live c/o lawyers and accountants to keep things ‘secret’. Mind you if you form a company you need a full residential address for Shareholders and Directors.

    Margaret at Pharmazen should have been more careful with what she submitted ...like stripping out the non required stuff like email addresses.

    I take it Margaret acts as Company Secretary or something.
    Yes it is easy to see why people use custodial services,lawyers and accountants.However searching The Companies Office, you can find trusts and a lot of information.
    Two of my friends, who are PAZ shareholders, found they were not on the list,so some good has come from posting the list.
    It looks as though the only beef people can have is the including of email addresses,and that is not 100% clear ,[from what my "little birdie" said.my post #574].
    Therefore the Skyline Enterprises list was acceptable.
    Margaret at PAZ will get it right,whatever that is.
    Last edited by percy; 12-03-2020 at 08:56 AM.

  17. #577
    CROESUS U.T.
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    I have no problem with full information being shown. Not to derail a thread but recent experience with the Arbor group of forestry companies shows that it is almost impossible to get a list of shareholders from such a company, the trustee company involved, or even through approaches via govt regulatory bodies. Where incompetence or fraud is suspected it is incredibly difficult to get together a group of shareholders to demand answers from management &/or directors, plan concerted action for an AGM, or put together a class action

  18. #578
    Trying to get outta here
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    Patience has paid off for Iceman and myself, my order went at 26c and some of the iceman's at 25c, cool as.

  19. #579
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    Quote Originally Posted by couta1 View Post
    Patience has paid off for Iceman and myself, my order went at 26c and some of the iceman's at 25c, cool as.
    and to think my buy offer at 28c went unfilled 10 days ago or so. Funny how things work out.

    Well done, I think those are going to be very good purchases

  20. #580
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    Quote Originally Posted by Mr Slothbear View Post
    and to think my buy offer at 28c went unfilled 10 days ago or so. Funny how things work out.

    Well done, I think those are going to be very good purchases
    Got some more at 25.1c, sorry Iceman stopped the last bit of your order getting filled but at least your avg buy is lower than mine.
    Last edited by couta1; 17-03-2020 at 03:58 PM.

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