Quote Originally Posted by Balance View Post
Would not touch anything Brent King is involved in.

Investors should bear great heed to past track record and the old adage:

‘Once bitten, twice shy etc.’

‘Once conned shame on you. Twice conned, shame on me.’
What did Brent King actually do?

Tried to google and found this article https://www.nzherald.co.nz/business/...GCEG4NMAUIZ44/
It says King left Dorchester Pacific in 2006 and it was only later that Dorchester ran into trouble.

"King was managing director of Dorchester Pacific from 1988 to 2006 although he sold most of his shares in that company in 2004 to Bridgecorp Capital, then run by Rod Petrecevic, who was later jailed for fraud.

King had founded Dorchester and built it into a $480m company by assets but after his departure it was dragged down by a disastrous investment in St Laurence and went into a moratorium in 2009 because it couldn't meet payments to debenture holders.

However, it had attracted Business Bakery as a cornerstone shareholder and unlike many finance companies, it survived the global financial crisis by convincing investors to accept a complex asset swap. It is now the profitable listed Turners Automotive Group."