I invested last year in a company called Carbon Credit Farming PLC, purchasing the rights to 2 hectares of land in Cambodia, where Jatropha plants would be grown. Much the same as Palm oil is. The company changed its name to Sustainable Agroenergy PLC. The selling agent was a man called Tom Elliot. I discovered last week that this company had been put under administration by the UK's Serious Fraud Office (SFO) and is under investigation. We may get back some of the money. Not much I would guess.
Coincidentaly I received an email from Insight Group PLC today, who I was in contact with a year ago. The brunt of this email, was that they have failed in their operations in Mozambique to grow the Moringa Oleifera plantations and want all their investors to move their rights to Gambia and start again. I had little faith that Mozambique was a good country to do business with at the time, which is why I picked Cambodia.
Green investments obviously come with a bunch of green investment companies and green management, who don't know what they are doing. Be careful out there!!!!!
Thursday, 22 March 2012
Wednesday, 21 March 2012
The €100 Irish dilemma
Isn't it great. The Irish seemed to be a people with not much of an appetite for taking on the government. But now, the government has given them a vehicle and they have jumped on it. The government imposed a €100 tax on every household, but supplied no means for people to pay it, or register for it that was easily accessible. Problem one. The People decided that they were sick of paying (for banks) and have not registered in a big way, or paid either. The deadline is the 31st March. I hope they don't give in, it's time the government understand who actually owns the country. The People.
The goverment is actually employed by the people to work for the people. Party politics chooses to ignore this and imposes political ideals for the party first and the people second. Ban Party Politics!
The goverment is actually employed by the people to work for the people. Party politics chooses to ignore this and imposes political ideals for the party first and the people second. Ban Party Politics!
Subscribe to:
Posts (Atom)