Forum Archive Index - February 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

 

Thanks, Snoopy,

 

A very lucid explanation of the facts.

 

Years ago, I "got caught" when I bought some shares in an Australian company, run by somebody from Honkong.

 

Since then, many "entrepreneurs" from that area have tried to make a bob or two here, and initially, people got caught when buying into their schemes.

 

Either many of these companies fall over while registered in NZ, or the control and registration travels to the Far East.

 

I have devised a very crude motto:

 

     " Softly, softly, going Easty, will be Losty !!! "

 

 

 

Obviously, some companies will be run properly, which ones?

 

Come to think of it, many of our companies are not that flash either!  

 

Gerry