Premier New Earth Fund Liquidation
The Premier New Earth Recycling Solutions Fund has now been closed and is being liquidated.
The Administrators have indicated that there is little hope of investors getting any money back. I have attached details from the recent Shareholders’ Meeting (31st August) and the subsequent follow-up letter from Deloitte (6th September).
Although things look extremely grim for us unprotected investors, Deloitte have confirmed in their latest report (dated 5th April, available below) that they are continuing to look at possible action for further recovery of funds.
I am taking the view that this looks like a 100% loss and that anything that comes out will be a bonus. I am investigating possible Action Groups but should like to hear from anybody that knows of a “New Earth Action Group” that has the ear of the Administrators.
If you would like additional information, then I’d be happy to add you to my mailing list and keep you fully updated on progress. Please Contact Me to be added to the New Earth Mailing list.
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