Originally Posted by
Roger
Enumerate, For those of us with jobs to do, its pretty hard to keep up notwithstanding and with respect, I think those on here including myself have got the gist of your argument and for that matter mine.
The Securities Act is quite clear and there's no reasonable question Aorangi are in breech of it, hence we have a prima facie case against AH more than worthy of a full investigation. Even if you said there was a fifty fifty chance of each of the 408 investors being exempt under one of the provisions thereof, (habitual, professional, more than $2 million dollars of investments) the odds that all 408 investors would be exampt are 50% to the power of 408.
My calculator doesn't have enough decimal places to work out the almost infintly small odds that Aorangi are in compliance with the Act, and clearly at least one party, as mentioned before believes they have been wronged as why else would they complain to the Securities Commission ?
Clearly you believe that a person of AH's standing is above the law and if I'm keen on promoters of investment scheme's complying with the law and if that makes me some sort of policeman in your eye's then so be it.
I am not bearing false witness, I am merely outling the Securities Laws as I see them, and in case you've forgotten I've had intensive involvement with this area of the law as a victim of such a scheme before, and have had one of N.Z. finest Securities lawyers investigate my families case and extricate ourselves from such a scheme at an all up cost to our family of running close to $100,000, not to mention all my time and the extremly stressful process involved.
Some of those 408 people are victims in this process, of course in your mind its all the SM's fault, I think you've made that abundently clear.