gross real and his system

[coastymike]

Gross,

One thing I would be very careful of is that you dont breach any ASIC class order in respect to managed investment schemes. Robert Orehek is currently before the Supreme Court for offering investors return on developments (which ultimately went sour) and he breached the ASIC class orders regarding managed investment schemes. You and your legal advisers might have this covered but just wanted to make sure you were aware of them. We deal with Michael Hodgson from Abbott Tout on managed investment schemes.

 

[grossreal]

hi coasty mike
thats true if you are offering any investment this structure is to tell how you do it and as I have told another poster who did ask to join these structures its very simple you can't .
so it doesn't come under asic if you can't invest in it.

 

[coastymike]

Thanks gross. Just wanted to raise it which you have covered. Cool.

 

[see_change]

hi coasty mike
thats true if you are offering any investment this structure is to tell how you do it and as I have told another poster who did ask to join these structures its very simple you can't .
so it does come under asic if you can't invest in it.

Um , so how do you get investors .....

See Change

 

[coastymike]

You need to comply with the ASIC Class Orders which used to be very simple but are now very complex. We use specialist legal advisers before any of our clients proceed with offering returns on loans, development profits, etc. to ensure they comply. Unfortunately a few people (Henry Kaye, Westpoint, Orehek) did a lot of damage to people similar to the people mentioned in myla's post.

 

[grossreal]

hi sea change
people invest in lots of things and lots of ways,
people request to invest and people are referred to invest.
so in answer to your question people ask.

 

[see_change]

hi sea change
people invest in lots of things and lots of ways,
people request to invest and people are referred to invest.
so in answer to your question people ask.

But in your previous post you said that they can't .... That's the reason I asked the question.

Could you please clarify ....

See Change

 

[myla]

hello,

thats just it with this thread, things are choppy as,

you can invest or you cant invest?

you can get a put call option?

hurt money assistors?

and then GR is looking for people to join the next project

people are still out there raising funds, promising returns and saying its property which is secure isn't it?


thankyou
myla

 

[grossreal]

hi sea change
I can't be more clear then what I posted.

people request to invest and people are referred to invest.
so in answer to your question people ask.
take does not mean that they they get accepted nor does it mean that tere is projects available and for some people and I will say some that have already asked that they don't get past first base.
you can ask to join the royal Australian golf club they don't advertise nor do they seek applications and nor are you garrenteed to be allowed to join.
I think that is a clear as it can be and if more clarification is required I think I may leave some one else to clarify.
I won't respond to myra as I think asking to join being told you cant asking to jv and being told you can't and then saying you did ask in the first place in its self explanation.

 

[see_change]

hi sea change
I can't be more clear then what I posted.

.

You can , but you seem to chose not to .

See Change

 

[grossreal]

hi sea change
there are acouple of things we have
1 is logic
2 is opinion a
and 3 is freedom of choice

 

[see_change]

hi sea change
there are acouple of things we have
1 is logic
2 is opinion a
and 3 is freedom of choice

Sorry , that's three .....

See Change

 

[JIT]

Um...excuse me...sorry to interrupt this enlightening discussion, but, GROSSREAL, I had a look at your powerpoint presentations, however, it is still difficult to understand.

Can you have a go at answering some of the questions I posted on page 1 of this thread (especially those pertaining to your system and the put call options)??? I probably got a bit carried away with all the questions towards the end.

GSJ

 

[myla]

hello,

keep going with your work gr,

if someone offers you 15% return on your money or equity I hope people realise their could be very high risk involved

forget caveats, contracts, security over property it means nothing

GR: if this is such a no brainer for you why are you trying to get people to join your projects

I hope you can answer as I believe my posts have been fair

thankyou
myla