Trustees 1st Reply to Our Request (Pg 2)


As You Were Saying?

This is a free country.  Folks have a right to send me letters, and I have a right not to read them.

- William Faulkner

The Trustee wishes to be able to prepare answers to questions beforehand.  But that would remove much of the potential for enlightenment...

One thing I find interesting - the Trustee says above, " financial or commercial options had sufficient merit to provide the unitholders with an alternative for their consideration."  Many unitholders wanted the option to pony up more money and keep the Trust.  If the trust was a good deal for whoever it was that purchased the assets, why mightn't it have been a good deal for unitholders?  The Trustee declined.  Why?  Because then the unitholders may have asked to see the records?

For news articles on the Flat Rock Forests Trust, forestry, the Serious Fraud Office, one immigrant family's experiences, immigration specialists, fraud, juries, logging, and more, pressing the "Up" key below will take you to the Table of Contents for this News section.  Or you may wish to visit the Forestry Trust Table of Contents to read how a unit trust went bust.  Or the Topics Table of Contents which offers a different approach to lots of topics - among them poisonous insects, eating dogs, what's addictive, training vs teaching, tornados, unusual flying machines, humour, wearable computers, IQ tests, health, Y chromosomes, share options, New Jersey's positive side, oddities, ageing, burial alternatives, capital punishment, affairs, poverty, McCarthyism, the most beautiful city in the world, neverending work and more...

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