Tuesday, October 27, 2015

UBC Koolaid and Fake Chinese Coal Mines

Every time our funds lose or every time they want to steal another raise they always blame it on the stock market or market conditions 
THE UBC KOOL AID

BUT NEVER ON THE TRUTH 
Which is some Union MORONS are losing millions on scams they set up and run with  participants fund monies

 NCCMP Propaganda Summit
"The Time to act is Now....The EVENT SPONSORS and the with the foremost experts in the U.S. multiemployer community on these issues, .... Ullico Casualty Company .... Macquarie Capital (USA), Inc. They are the experts and know exactly what to do with the money diverted from your pension fund"


Oh wait let me back up the Ullico Casualty Company doesn't exists anymore the state of Deleware liquidated them. What I meant to say was the foremost experts in the U.S. multiemployer community on these issues, .... Ullico Infrastructure Fund .... Macquarie Capital (USA),

They know just what to do with the billions diverted by force from your pension funds and if any are lost dont believe those deranged loners and commies it had nothing to do with ULLICO and the Union leaders who have seized control of your funds it is those dirty Wall street bastards who keep having crashes. The most recent is the 2008 crash which it is the reason any Pension funds have lost money

Those wall street bastards. Not leading experts like the ULLICO Infrastructure Funds and their Chinese Partners or leading experts like Macquarie Capital (USA), or the UBC and Macquarie Limited partnerships.I dont care what they says about fake Chinese coal mines and fraudulent Chinese partners it was those Wall Street bastards

On April 1, 2015, the Final Judgment was entered as to MCUSA. It permanently restrains and enjoins MCUSA from violating Sections 17(a)(2) and 17(a)(3) of the Securities Act in the offer or sale of any security by the use of any means or instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly: (a) to obtain money or property by means of any untrue statement of a material fact or any omission of a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or (b) to engage in any transaction, practice or course of business which operates or would operate as a fraud or deceit upon the purchaser. The Final Judgment requires MCUSA to pay a total of$15 million, comprised of$10,728,525 in disgorgement, $1,271,475 in prejudgment interest and $3,000,000 in civil penalty,

$15 million, comprised of$10,728,525 in disgorgement, $1,271,475 in prejudgment interest and $3,000,000 in civil penalty which those leading experts in the field Macquarie Capital (USA), already paid and not to worry MCUSA will also cover the costs of setting up a Fair Fund to compensate investors who suffered losses after purchasing shares in the offering 



Whats a lousy $15 million of pension money lost by those foremost experts in the U.S. multi-employer community.. Kind of like the 165 million they sot to Madoff because they refused to listen to Ivy Asset and get out of Madoff two years before it tanked and never you mind about those HIGH risk loans made by the First Trade Union Bank that caused the feds to put them in trusteeship for 3 years
 
 Never mind the 10 million in Empire Pension fund money they had to give them just to go in Fed Trusteeship.. Im telling you it was them Walls Street bastards and those crashes..

I mean a leading experts like Macquarie Capital (USA) wouldn't put your Pension money in fake Chinese coal mines According to the Complaint, MCUSA was the lead underwriter of a follow-on registered offering of common stock in December 2010 by Puda Coal, Inc. ("Puda Coal"), a Delaware corporation that purported to own a coal company in the People's Republic of China ("PRC"), named the Shanxi Puda Coal Group Co., Ltd ("Shanxi Coal"). According to the Complaint, in the offering documents, Puda Coal falsely disclosed that it held a 90% ownership stake in Shanxi Coal. Those statements were repeated in the marketing materials for the offering despite the fact that MCUSA had received a report from Kroll Associates Inc. ("Kroll") showing that Puda Coal did not own any part of Shanxi Coal.

The Complaint alleges that, according to corporate registry filings in the PRC that Kroll accessed in its due diligence review, Puda Coal's chairman had transferred ownership of Shanxi Coal to himself and then sold nearly half of his interest to the largest state-owned investment firm in the PRC. Hence, at the time of the offering, Puda Coal no longer had any ownership stake in, or source of revenue from, Shanxi Coal

In its follow-on registered offering, Puda Coal sold shares of common stock to investors at a price of $12 per share. When reports about Puda Coal's false claim of ownership of Shanxi Coal were publicly disclosed, Puda Coal's stock price plunged. According to the Complaint, Puda Coal is now a delisted and deregistered shell company with no ongoing business operations.Opps my my ohh my goodness..

Im not sure how those wall street bastards did it but it must have been them some how it had to be them . I mean other wise some dumb feek at ULLICO and some Dumb feek at the foremost experts in the U.S. multiemployer community on these issues, .... Ullico Infrastructure Fund .... Macquarie Capital (USA), are actually stupid ignorant morons who once again feeked you out of your pension money

    The Impact of Waiver Denial on MCUSA, on its Affiliates, on its Clients and on Investors MCUSA's disqualification from participating in transactions conducted pursuant to Rule 506 of Regulation D has and will continue to have a material adverse impact on MCUSA, its affiliated funds and corporate finance clients that have retained, or would like to retain, MCUSA in connection with Rule 506 offerings, as well as on the investors in these offerings. From January 1, 2014 to March 31,2015: MCUSA has served as placement agent for Macquarie Capital's corporate finance clients in 15 Rule 506 offerings that raised approximately $6 billion from over 500 institutional investors; and MCUSA has served as placement agent for 8 pooled investment funds managed in Macquarie Asset Management that raised approximately $2 billion in Rule 506 offerings from over 100 institutional investors

 If MIRA were to continue to be disqualified from raising capital for its funds over the next five years in reliance on Rule 506, then, once its existing capital is spent, it would be materially impaired in its ability..One of its funds, Macquarie Infrastructure Partners III,(with the UBC completed raising $3 billion in 2014 in reliance on Rule 506.

If they are to be disqualified the UBC Macquarie Infrastructure Partners are screwed
Not to worry your pension investments in the infrastructure scam are safe....
So now the foremost experts in the U.S. multiemployer community on these issues, .... Ullico Infrastructure Fund .... Macquarie Capital (USA), want to know one thing. Anybody want to buy a Chinese coal mine. (Puda Coal is now a delisted and deregistered shell company with no ongoing business operations.)Dony worry . If they get caught they will take you money may 30 million in SEC fines and then MCUSA( Macquarie )will also cover the costs of setting up a Fair Fund to compensate investors who suffered losses after purchasing shares in the offering.
 
And these are the people who got the ERISA law changed claiming they did not want retirees being an undue burden on the taxpayers. After all they did not loose millions with their(and YOUR) new  partners on a fake shell company it was the crash of 2008 and bad market conditions

BY the way. The SWRCC Pension fund admi and trustees took them out of ULLICO Separate J for which its fund administrator and many other fund employees,EST and trustees were fired... This SWRCC Pension fund .Just one fund diverted to Mcaquarie $141,203,266 and more????

Mcaquarie Infrastucture Parttners LP got 

$82.485,377       5.4% ownnership
Mcaquarie Infrastucture Parttners II LP      

$34.868,659      8.6% 0wnership
Mcaquarie Infrastucture Parttners III LP      

$23,849,230      4.7% 0wnership


1 comment:

Anonymous said...

All in the land of oz.

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