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22 Jul 2008, 01:34
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#121
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Veteran
Join Date: Nov 2004
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Simon McNamaras egg farm. |
Posts: 1,384
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“A fool and his money are soon parted.” Thomas Tusser
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23 Jul 2008, 07:37
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#123
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Racer
Join Date: Aug 2004
Posts: 391
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Don't you call it a scam , aimed at investors in the market centering on share dealing by people...
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23 Jul 2008, 16:54
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#124
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Veteran
Join Date: Dec 2003
Posts: 6,460
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Quote:
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Originally Posted by Steve Carter
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I watched it online and it was interesting but not any way surprising. I remember the first time I heard about Firepower and figured there was some kind of scam working. In fact I think we discussed it sometime ago on this forum. What amazes me is how greed overwhelms common sense. Or perhaps some people are just stupid.
I imagine somehow mr. johnson will get away with it or get a slap on the wrist. Probably in 10 years or less he'll be back at it again, with another group of sheeple lining up to hand over money. Sadly in our society white collar crime pays. You can swindle and defraud "investors" of hundreds of millions of dollars and either get away with it or serve a year or two in jail, but if you stick a gun in someones face and steal $40 it's twenty years to life.
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__________________
Wolverines!
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23 Jul 2008, 23:05
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#125
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Racer
Join Date: Mar 2004
Posts: 270
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Yes mountainstar theres a string of them over the decades and I dont think this one ends with the motoring/motor sport industry - I was listening to ABC radio last night and the sting now involves AFL clubs and players (South Australia only at this stage) to the tune of over $60 million dollars!!!
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23 Jul 2008, 23:27
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#126
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 Race Official 1% Club
Join Date: Dec 2002
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In the infamous "Powder Room" |
Posts: 32,645
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__________________
"Once you get in the right frame of mind, I think anything’s possible. I think we get, we so often get caught in this state of negativity and it’s a, it’s a poison like nothing else" - Pat Solatano Jr, Silver Linings Playbook
Excelsior...
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24 Jul 2008, 01:34
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#127
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Veteran
Join Date: Dec 2003
Posts: 6,460
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Now their going to try to fob off the remaining substantial stock of product(so they say) on the public. A useless product from all accounts.
http://www.thewest.com.au/default.as...ontentID=86635
Accountancy and insolvency firm Hall Chadwick has been appointed by Firepower Operations Pty Ltd as the failed company's administrator.
The appointment comes after UK-based Firepower investors decided to pursue a possible rescue package.
Firepower director Tim Johnston signed the necessary documents in London.
"Firepower has a large amount of stock and prospects of good ongoing orders for its bulk fuel supplies,” Hall Chadwick said in a statement.
"Funds recently have been lent to the company to meet the pressing costs of trading, and to defend the winding-up application.
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__________________
Wolverines!
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24 Jul 2008, 02:27
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#128
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Race Official 1% Club
Join Date: Dec 2002
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In the infamous "Powder Room" |
Posts: 32,645
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__________________
"Once you get in the right frame of mind, I think anything’s possible. I think we get, we so often get caught in this state of negativity and it’s a, it’s a poison like nothing else" - Pat Solatano Jr, Silver Linings Playbook
Excelsior...
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24 Jul 2008, 08:45
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#129
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Veteran
Join Date: Sep 2003
Posts: 784
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ooh, retail sales.
Winter will be over soon, I might buy some stock to put in with my winter woolies when I pack them away..
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27 Jul 2008, 04:23
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#130
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Veteran
Join Date: Dec 2003
Posts: 6,460
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__________________
Wolverines!
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27 Jul 2008, 06:40
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#131
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Race Official 1% Club
Join Date: Dec 2002
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In the infamous "Powder Room" |
Posts: 32,645
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Good luck getting that back 
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__________________
"Once you get in the right frame of mind, I think anything’s possible. I think we get, we so often get caught in this state of negativity and it’s a, it’s a poison like nothing else" - Pat Solatano Jr, Silver Linings Playbook
Excelsior...
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27 Jul 2008, 06:43
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#132
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Veteran
Join Date: Jul 2004
Posts: 9,086
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atleast the grub couldn't **** Tasman like he ****ed the poor kings the NBL is doing it tough as it is without these ********s.
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27 Jul 2008, 11:17
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#133
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Veteran
Join Date: Aug 2004
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Location:
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Melbourne Victoria |
Posts: 3,215
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are you dinkum?
Quote:
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Originally Posted by Pro Racer
atleast the grub couldn't **** Tasman like he ****ed the poor kings the NBL is doing it tough as it is without these ********s.
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Poor defenceless people - how long has this thread been running, its not as if anyone here is some financial guru ... Tasman, the Kings: victims, hello ????
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__________________
more torque than a climate change conference
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27 Jul 2008, 11:42
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#134
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Race Official 1% Club
Join Date: Dec 2002
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In the infamous "Powder Room" |
Posts: 32,645
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Ever heard of "Due Diligence" ?
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__________________
"Once you get in the right frame of mind, I think anything’s possible. I think we get, we so often get caught in this state of negativity and it’s a, it’s a poison like nothing else" - Pat Solatano Jr, Silver Linings Playbook
Excelsior...
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27 Jul 2008, 12:04
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#135
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Racer
Join Date: Jun 2003
Posts: 233
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Tim Johnson looks an awful lot like another not-so-gentlemen, who also fleeced a couple of australians before 'disappearing' overseas.
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