How to lose $22m in 6 months

George Kerr has a reputation for being an astute dealmaker and the following is based on the assumption that it was him and Bryan Mogridge behind the dealing at PGC and Torchlight. Your board under the leadership of Bryan Mogridge is double backing and he is contradicting himself, which ultimately cost PGC shareholders and arm and a leg.

Greg Bright's old article on George Kerr

Link contributed by a reader...

Financial firepower – why van Eyk’s new backer can fuel lasting growth

 van Eyk, the most influential research firm in the financial planning market, has a new cornerstone investor following the departure of the company’s namesake. GREG BRIGHT reports on the new-look van Eyk and the major shareholders’ plans for sustained growth. Mark Thomas has a new partner at van Eyk and, more importantly, he has the catalyst and firepower for some big changes to how his business is run and the firm’s continue

New baby born - Congatulations to the couple Mr Kerr and Mr Tinkler

This blog is getting all too serious so a reader suggested we lighten up with some hart warming news.

A new baby, Torchlight Real Estate New Zealand Limited (3892737) was born on 16 July 2012 to the lovely couple Michael Owen TINKLER (director) and George Charles Desmond KERR (director).
When looking at the glowing couple you will think it is their first time, but birth records (Companies Office) show the couple have brought 164 companies (Kerr 114 and Tinkler 50) into this world to date.

Congratulations!

Sidenote: Torchlight Real Estate New Zealand Limited (3892737) is wholly owned by Torchlight LP1 of which Pyne Gould owns only 10%.