Wednesday, June 10, 2009
I received an email from Luree Williamson at Shire today indicating that my investments could not be redeemed. I was not eligible to redeem my investment until the projects were complete and the funds were invested in the projects and lands. The OM for Halama Gardens indicates otherwise. I called the ASC Public Inquiries phone number to find out if the cease trade order prevented Shire from redeeming my investment and was told: If Shire agrees to redeem an investment, they will need to advise the ASC and receive approvals to redeem. However, Shire is not prevented from redeeming my investment. Hmm...
