I know Im not sure what the time frame for horse sale and new ownership cross over to be honest but it sure takes a while. Mind you homes take 6 weeks so maybe is about the same?

Happy Punting All

How do you know the shares are worth $130 at present??? Oh very clever too, his last name is Shirley so you call him Shirley.Oh dang, you smart,lol

Are you yet another alter ego of CWR staff? lol, I think you are.

Damn we have caused you a lot of badwill havn't we?

I think you are missing the point. Were people upset when Christopher Scaise fled the company with their money, of course they were. Even though for most battlers it would have been less than $25 a month.

I think the same principals apply here. It appears as though the members of this registered company have been and still are being grossly ripped off. How else can you explain where all the money has gone. I know with the horses i have in work i paid about 15% of the normal training costs when EI was on, so that should have extended the company, not shortened it. Further to that, most horses have been spelling for most of the time, so once again costs should be lower than budgeted, not more. Further to that, they budgeted to have 6 horses in work, and yet at the most they had 3 i think, so where has all the money gone?

by the way maths man, $1500 divided by 3 years is $46 a month.

HAHA..mate, if you are going to step in here, get your facts and most of all, your figures right to avoid looking like a total twat.

DEAR STORMTROOPER. I am still waiting for your call! And please note that I sign my own name. Where do you stand on that?
Regards
Bernard Shirley

Dude, your ulcers must be killing you. I'll send you the $130.00 as long as you guarantee me you'll calm down and stop stressing so much that your $1450 is now $130 (by that I mean stop whinging on this forum about the dough you have now done). It's a bitter pill to swallow but that's what has happened. You need to talk to some people who invested in shares like ABC Learning and realise that a prospectus is no guarantee of return.
I am a man of principle also. However, I have seen some people make some pretty stubborn & silly decissions over the years based on 'the principle of the matter'. Now my principle's are as different as then next person's, but when I handed over my $1450 (thanks for reminding me), I understood the principles of investing. You assess what risk you are prepared to take and when investing in shares only invest what you are prepared to not see again. Now I don't know how many starts Bumpa had, but for me watching her race (and win) was the return I was after. Hence my principle's being different from yours.
By the way I really don't want you to stop posting, you're a hoot.

DEAR STORM TROOPER: If you are unable to understand that CWR2's directors have failed to deliver on the undertakings that they held out in their - not my - Prospectus in order to solicit investment funds, then you are easily pleased.

If you think that the remote prospect of merely having "some fun" with a horse that has "maturity problems" and has not yet made it to the race track is reasonable then you are truly remarkable.

From what you say, you apparently think an investment entails entrusting your money to a third party to manage until it is all whittled away for precious little - or no - return!

How interesting.

Assuming you are a member of the syndicate, I trust you realise that you are now an investor in a company with an Honorary Managing Director, an Honorary Chairman, no assets and a leased liability (Kelendria), and that you have about as much chance of seeing any of your $130 or whatever it might be (if anything) as I have of becoming Pope.

When people volunteer their services for nothing - like Messrs Roulston and Waugh have so magnanimously in this instance - you should ask yourself what it is that motivates such ostensibly altruistic behaviour. Let me know when you find out.

Meanwhile it seems that you are insufficiently confident of who you are - or of your opinions - to sign with your own name. And you clearly are not prepared to put your money where your mouth is and buy my share in CWR2 for $1450 so that I can forward the money to the Cancer Council. That way someone, apart from Messrs Roulston and Waugh and Ms Waugh, would at least benefit.

Could I suggest also that in future you might attempt a reasoned argument instead of empty invective.

Yours sincerely
Bernard Shirley

No wonder this syndicate has had so much bad luck with all that negative energy and bad karma you guys are pulling into the place.
If I had $60,000 to spend on a horse I wouldn't give it to Roulston. But I didn't have $60,000, I had $1,450 and as beggars can't be choosers my money was invested in a company where my chances of a decent return would have meant the horses would have to win Cox Plate and Melb. Cup.
You get what you pay for. If you feel like you've been ripped of well stupid is as stupid does. But don't spend the rest of your life whinning about it. Suck it up and try again somewhere else.
If your principles say that you need to hang around telling everyone not to invest in Club Waugh Syndicates, that is mighty kind of you. Stupid but kind.
The issue of what happened to all the money, is for me a waste precious time and energy. The fact is they will prepare the financials and they'll have them audited. If there has been money missaprropriated (which is unlikely) it will be picked up then and the correct authorities will take action.
I've never gone through the financials each year but I'm sure that Shirl will audit them and let us know if there are any miscalculations.

In all seriousness 'dude', why are u so angry at this thread and Bernard in particular? I dont know about anyone else, but it is very clear to me you have strong resentment for him and him only.

Why is this?? Im being serious, you can insult me in another reply, but tell me your not invovled in any way and I would say your lying.

Curious?

What did I expect? Well, like you, I didnt expect Group 1 winners, but what I expected was an inside experience to racehorse ownership. I expected to be informed on the 'goings on' of our horses, I expected, the promise that all prizemoney remain the property of the shareholders, and if this wasnt the case, I at least expected to be informed why this wasnt the case. Unlike many others, I actually was hoping for a return on my investment, Maybe not $1450, but a portion. If I want to be simply involved, I will join Mark Kavanaghs club were you have no ownership, you just get the information.

My beef is not with the horses, although in hindsight us suckers in CW2 def had the worst 'batch'. My beef is with the communication, the professionalism, and the fact that weekly/fortnightly monthly sentence(s) were all we got and they had absolutely no substance at all for such an investment. Surely you agree with that and if your honest in that you just invested to be a part of the ownership structure, I wonder why your so satisfied with what we got communications wise. Were u happy with that?

I am not ashamed to say im happy the Waugh/Roulston clan have suffered as a result of people like Bernard. Your right, we are the fools that invested our hard earnt, but im relatively young, so learnt a valuable experience out of all this.

I reckon you should stop acting the fool, if you dont support us making some noise, I wonder why you signed up to this forum????
Feel free to tell me, as you are just adding to this massive thread