EPI BC gone back to homeland!
Thread Starter
Join Date: Nov 2003
Location: Terra Firma
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
EPI BC gone back to homeland!
Hmm, the situation seems to me to be deteriorating. To me leaving behind a $50 million investment company appears strange, especially as he is the Director CEO or make of it what you will! Something is amiss, the flying might not be great but to give up with a company for which you are responsible for over $50 mil? If the company / investment had nothing but junk status written all over it, you wouldn't want to leave it behind and run home!
Something is not right and it looks like out of sight out of mind to me??
Thoughts?
Something is not right and it looks like out of sight out of mind to me??
Thoughts?
He is still on the roster for Dec. You may want to check your facts.
the Don
the Don
Join Date: Feb 2005
Location: world
Posts: 48
Likes: 0
Received 0 Likes
on
0 Posts
Hi Sittin
EPC made one mistake in their history of investments partly due to their past successes but the present dude actually has saved
Think it was EPI doing the investments !
EPC made one mistake in their history of investments partly due to their past successes but the present dude actually has saved
Think it was EPI doing the investments !
Join Date: Aug 2000
Location: Work
Posts: 45
Likes: 0
Received 0 Likes
on
0 Posts
I think that there is some confusion here between EPI, which BC has run away from and left, and EPC which is something different.
BC now signed off sick until mid-Dec, will he be back? His house up for sale.
BC now signed off sick until mid-Dec, will he be back? His house up for sale.
Join Date: Nov 2000
Location: The Pilot Grinder
Posts: 362
Likes: 0
Received 0 Likes
on
0 Posts
WTF Sitting Bullsite!!!!
Not seeing any positives out of BC going home, in fact the whole thing appears to revolve around a threat of legal action against him by investors, similar to what has happened in another investment fund that went wrong.
....and have you heard of the Willie Bay syndicate??? Something like 5 years in and no sight of any return to investors.....
Yeah I would buy the guy a drink..... not!
Not seeing any positives out of BC going home, in fact the whole thing appears to revolve around a threat of legal action against him by investors, similar to what has happened in another investment fund that went wrong.
....and have you heard of the Willie Bay syndicate??? Something like 5 years in and no sight of any return to investors.....
Yeah I would buy the guy a drink..... not!
Join Date: Dec 2002
Location: usa
Posts: 1,005
Likes: 0
Received 0 Likes
on
0 Posts
He reads these posts.... And in the past has responded.
So if there is legitimacy he will respond.
From what I gathered at a recent meeting some of the investors in EPI are not pushovers nor lacking the ability to go the 'extra mile'.
This is serious for the principals.
F.
So if there is legitimacy he will respond.
From what I gathered at a recent meeting some of the investors in EPI are not pushovers nor lacking the ability to go the 'extra mile'.
This is serious for the principals.
F.
short flights long nights
now this is interesting
So is anyone actually running EPI now, or what is happening with it?
So is anyone actually running EPI now, or what is happening with it?
Last edited by SOPS; 1st Dec 2011 at 03:29. Reason: added question
short flights long nights
Another question..where does this leave investors now? What are your thoughts?
Thread Starter
Join Date: Nov 2003
Location: Terra Firma
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
It is clear to me. The NEW GFC is about to come upon us and the current money in the company will only further reduce every ones return.
To me these 2 emails lately are a desperate call to admit defeat and own up to GTFODodge ASAP! I say all members (partners) should call a meeting ASAP and sell off everything, cut losses and move on. You try to ask for only half your initial investment back, ha hah, that would reduce their losses or increase current profits hugely but, they won't do that!
When BC gets on the plane, he won't be coming back in a hurry. In this land he fears repercussions in my opinion and back in his homeland he feels he might get away with out of sight out of mind and if there were repercussions then the law down there would be a better choice than in the UAE.
Should the members allow him to leave the country without any action to liquidate the company and he stay in the country until that happens then the members (partners) deserve whatever final return they get!
Time is running out for action!
To me these 2 emails lately are a desperate call to admit defeat and own up to GTFODodge ASAP! I say all members (partners) should call a meeting ASAP and sell off everything, cut losses and move on. You try to ask for only half your initial investment back, ha hah, that would reduce their losses or increase current profits hugely but, they won't do that!
When BC gets on the plane, he won't be coming back in a hurry. In this land he fears repercussions in my opinion and back in his homeland he feels he might get away with out of sight out of mind and if there were repercussions then the law down there would be a better choice than in the UAE.
Should the members allow him to leave the country without any action to liquidate the company and he stay in the country until that happens then the members (partners) deserve whatever final return they get!
Time is running out for action!
Join Date: Mar 2003
Location: Dubai
Posts: 13
Likes: 0
Received 0 Likes
on
0 Posts
BC
Well he was seen today at the ESC End of Service counter today with his wife. In his emails he said he had resigned from EK not EPI. If his intentions had been dishonorable then he would have just left and not told anyone until he got to Oz, rather than leave an opportunity to be stopped at the airport. Right or wrong?
Thread Starter
Join Date: Nov 2003
Location: Terra Firma
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
Does an open and honest statement of moving 15hours away clear you of any liability in the future > "I told them I was going and I did just that, I left, no one asked me to stay behind or tried to stop me"!
You ask them in the office for a list of the policy holders, you won't get it. It is a sure way for them to run the fund in a way that the members have no control over their money or costs of running it including salary and costs for the years to come (if the fund has any money left in it by the time they intend to run this out to).
By signing investors up as "partners" and not investors it makes you the "investor"as liable to the failure of the fund as BC. As all investors are partners, then they can get away with manipulating the fund as they wish without the investors majority vote taken into account.
There is a greater global depression forecast in the near future than in 2009, to me getting back something now is better than nothing in the future and in no way will there be any gains made on the fund in current and future markets.
EDIT > BC has already landed away and now the head has been removed from the body, we can only bounce around aimlessly with no guidance or direction and it is in the fate of luck from here on in that anything more than 30% is returned in my opinion. When was the last time they gave you an accurate valuation of your share, they have no idea to quote it as the figure diminishes by the hour.
You ask them in the office for a list of the policy holders, you won't get it. It is a sure way for them to run the fund in a way that the members have no control over their money or costs of running it including salary and costs for the years to come (if the fund has any money left in it by the time they intend to run this out to).
By signing investors up as "partners" and not investors it makes you the "investor"as liable to the failure of the fund as BC. As all investors are partners, then they can get away with manipulating the fund as they wish without the investors majority vote taken into account.
There is a greater global depression forecast in the near future than in 2009, to me getting back something now is better than nothing in the future and in no way will there be any gains made on the fund in current and future markets.
EDIT > BC has already landed away and now the head has been removed from the body, we can only bounce around aimlessly with no guidance or direction and it is in the fate of luck from here on in that anything more than 30% is returned in my opinion. When was the last time they gave you an accurate valuation of your share, they have no idea to quote it as the figure diminishes by the hour.
Join Date: Jun 2001
Location: OZ
Posts: 313
Likes: 0
Received 0 Likes
on
0 Posts
By signing investors up as "partners" and not investors it makes you the "investor"as liable to the failure of the fund as BC. As all investors are partners, then they can get away with manipulating the fund as they wish without the investors majority vote taken into account.
It was a medium risk investment even before the GCC.
No one has done anything underhanded. It was based on assumptions which seemed sound at the time, then circumstances (to say the least!!) changed.
It's obviously a case of salvage what can be salvaged, and anything less than a total loss I'll be grateful.
No one has done anything underhanded. It was based on assumptions which seemed sound at the time, then circumstances (to say the least!!) changed.
It's obviously a case of salvage what can be salvaged, and anything less than a total loss I'll be grateful.
Join Date: Jun 2005
Location: MIDDLE EAST
Posts: 1,035
Likes: 0
Received 0 Likes
on
0 Posts
Look on the brightside, things could be worse;
1) You could have invested in F1
2) You could have invested in Hampstead and Mayfair
3) You could have invested in Property Concepts
4) You could have invested with Nakheel in an off plan never to be built property.
5) You could be married to a woman who treats your credit card limit as a target each month.
6) You could have bought a 4 year old BMW X5 just as the expensive air suspension needed replacing.
7) Your tenants decide it's time to move out
8) You put on weight with so much stress that your whole wardrobe needs replacing.
9) Christmas is just around the corner and all three kids want new i pads.... just as stocking fillers!
10) All of the above!!!!!!!
Harry ...... still smiling..... but only just!
1) You could have invested in F1
2) You could have invested in Hampstead and Mayfair
3) You could have invested in Property Concepts
4) You could have invested with Nakheel in an off plan never to be built property.
5) You could be married to a woman who treats your credit card limit as a target each month.
6) You could have bought a 4 year old BMW X5 just as the expensive air suspension needed replacing.
7) Your tenants decide it's time to move out
8) You put on weight with so much stress that your whole wardrobe needs replacing.
9) Christmas is just around the corner and all three kids want new i pads.... just as stocking fillers!
10) All of the above!!!!!!!
Harry ...... still smiling..... but only just!
If it doesn't kill you it makes you stronger Harry. Just think how happy you will feel when you sell that Beamer.
See that silver lining does have a cloud.
The Don
See that silver lining does have a cloud.
The Don
